Elliott Management Eyes Raising $1 Billion for SPAC Effort: WSJ
As special purpose acquisition companies continue to gain influence in the market, another with backing by a major hedge fund could soon be on the way. The hedge fund Elliott…
Reform business rates or risk a high street collapse, say firms
The leaders of household names including Tesco, B&Q and Waterstones have warned the chancellor that the business rates burden on shops is putting thousands of high street jobs at risk,…
Japan bank deposits rise at record pace as firms, households hoard cash
TOKYO (Reuters) – Japanese bank deposits surged at a record annual pace in January, data showed on Monday, a sign companies and households were continuing to hoard cash to guard…
Debt levels soar for business as UK economy struggles to recover from Covid
Britain’s economy is facing a lengthy recovery from the third coronavirus lockdown amid soaring levels of business debt after almost a year of economic turmoil caused by the pandemic. ©…
Asian shares, oil buoyant on economic revival hopes
SYDNEY (Reuters) – Asian shares hovered near record highs on Monday while oil surpassed $60 a barrel on hopes a $1.9 trillion COVID-19 aid package will be passed by U.S.…
This Week: Job openings, consumer prices, Disney earns
A look at some of the key business events and economic indicators upcoming this week: JOB MARKET BELLWHETHER The Labor Department issues its latest monthly tally of job openings Tuesday.…
Stock conversion allows China’s Wanda to sell AMC shares amid retail frenzy
SHANGHAI (Reuters) – China’s Wanda Group, the major shareholder in AMC Entertainment Holdings Ltd, conducted a share conversion to permit sales of its stock in the cinema operator, a target…
Lobster biz braces for Chinese New Year impacted by pandemic
PORTLAND, Maine (AP) — America’s lobster exporters recovered from the Trump-era trade war with China to have a good 2020. But the industry is approaching one of the most critical…
OnePlus 9 Pro prototype leak flaunts Hasselblad camera partnership
Images of the OnePlus 9 Pro prototype have leaked. They show that OnePlus has teamed up with Hasselblad for the camera system of the phone. Cameras have always been the…
Samsung Galaxy F62 to launch in India next week with Note 10 chipset
Samsung has confirmed the launch date of the Galaxy F62. The phone will launch in India next week. It’s confirmed to pack the Exynos 9825 and sport a quad-camera array…
