Circle Says $1 Billion in Cash Serves as Buffer While Market Share Declines
Circle Internet Financial is counting on a more than $1 billion cash cushion to help weather fresh competition
1970-01-01 08:00
Virgin Galactic Is Set to Fly First Private Tourists to Space
Virgin Galactic Holdings Inc. is poised to launch its first private space tourists on Thursday morning, the company’s
1970-01-01 08:00
UK’s Financial Watchdog Says Fund Managers Need to Justify Fees
The UK’s Financial Conduct Authority said asset managers need to justify the fees charged on their funds as
1970-01-01 08:00
Shipping CEO Sees ‘Green Shoots,’ Says Container Rates Must Rise
Supply Lines is a daily newsletter that tracks global trade. Sign up here. The container shipping industry’s year-long
1970-01-01 08:00
Florida’s ‘Last Resort’ Property Insurer Is Now State’s Biggest
Florida is the fastest-growing US state and, with more than 8,000 miles (12,875 kilometers) of coastline, one of
1970-01-01 08:00
UK Weighs Measures to Crimp Investment in China After Biden
The UK is considering whether to follow President Joe Biden’s move to limit US investment in some Chinese
1970-01-01 08:00
Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO
Lulu Group International, which operates one of the Middle East’s largest hypermarket chains, is raising 10 billion dirhams
1970-01-01 08:00
Coach Owner to Buy Michael Kors Parent in $8.5 Billion Deal
Tapestry Inc., the owner of brands including Coach and Kate Spade, agreed to acquire Michael Kors parent Capri
1970-01-01 08:00
Mexico’s Industrial Parks Lobby AMLO in Push for Renewables
Industrial parks and warehouse operators in Mexico, desperate for electricity to power their booming operations, are offering to
1970-01-01 08:00
Tokyo Electron Says Chinese Firms Are Buying Up Legacy Chip Tech
Chinese chipmakers are speeding up investments in mature semiconductor equipment as the US and its allies tighten export
1970-01-01 08:00
Alibaba’s Sales Beat Estimates in First Step of Comeback Effort
Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step
1970-01-01 08:00
No End in Sight to Deadly Cape Town Minibus Taxi Protest
A strike by minibus taxi drivers in Cape Town triggered violence that’s claimed the lives of five people
1970-01-01 08:00