(Bloomberg) US banking giant Morgan Stanley has generated $3.1 billion to bet on global real estate, more than $2 billion raised in 2018 for similar bets. Investors that include sovereign…
(PR Newswire) The age verification process will be compulsory across RELX-branded stores in China after RLX Technology announced an upgrade of its minor protection system. The upgraded Sunflower System 3.0…
(Humanigen) US Food and Drug Administration has declined to grant an emergency use authorization for Humanigen’s Lenzilumab for use by hospitalized Covid-19 patients. FDA says it is unable to conclusively…
(Lululemon Athletica Inc.) Lululemon Athletica Inc. announced a net income of $208.1 million in the second quarter of 2021, an increase from a net profit of $86.8 million in the…
(GameStop) GameStop shares fell by more than 7% in premarket trading after reporting a narrower net loss of $61.6 million, or 85 cents per share in the second quarter of…
(Reuters) ByteDance is courting Wall Street banks for more than $3 billion loan to refinance its debt, aiming to take advantage of existing low interest rates. The terms and the…
(CNBC) US top bank JPMorgan is aiming for a majority stake in Volkswagen’s payments unit, with up to 75% ownership being considered. The deal is expected to close in the…
(Reuters) Electric car maker Tesla sold about 44,264 China-made vehicles in August, as local sales rose to 12,885 cars from July’s 8,621. Out of the sales of China-made vehicles, a…