business news
5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady after best week since November 2020 Traders on the floor of the NYSE, March 18, 2022. Source: NYSE U.S. stock futures were little changed Monday after strong gains last week that saw the […]
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Apple supplier Foxconn resumes normal operations after Covid disruption
Foxconn, a major Apple supplier, has “basically” resumed normal operations in Shenzhen, China after an uptick in Covid cases in the area caused it to pause production last week, according to Reuters. Foxconn said on Wednesday it had partially resumed production in Shenzhen by implementing a “closed loop” system with employees who live on the […]
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General Motors ramps up production of Cadillac Lyriq, company’s first electric vehicle
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau joins ‘Squawk Box’ from a General Motors plant to discuss the company’s planned rollout of its first electric vehicle, the Cadillac Lyriq. Source
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Match launches Stir, a dating app for single parents
Match announced Stir, a new dating app to connect single parents. Stir Match Group, one of the world’s largest dating companies, launched its latest dating app on Monday, called Stir. Stir is meant for connecting single parents, a community of 20 million in the U.S. that “are oftentimes underserved on mainstream dating apps,” the company […]
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U.S. private equity giant pays $10.7 billion for SAP rival started in an English barn
Frank Calderoni, CEO of Anaplan. Adam Jeffery | CNBC U.S. private equity giant Thoma Bravo has bought British enterprise software firm Anaplan for $10.7 billion. The deal, announced Monday, will see Thoma Bravo pay $66 per share in an all-cash transaction. Anaplan was founded in 2006 in a barn in Yorkshire, England, by Guy Haddleton, […]
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German firms sign deals in UAE as Berlin seeks alternative energy supplies
Electricity transmission pylons beside the gas-fired power plant, operated by Uniper SE, in Irsching, Germany, on Wednesday, July 7, 2021. Michaela Handrek-Rehle | Bloomberg | Getty Images German companies have signed agreements with firms in the United Arab Emirates (UAE) to build up a hydrogen supply chain, Germany’s economy ministry said on Monday, as Berlin […]
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Buying your first home? Here’s what you need to know
Paul Bradbury | OJO Images | Getty Images First-time home buyers have a steep learning curve, from understanding true affordability and how to qualify for a mortgage to managing their cash flow after their purchase. “When buying your first home, you need to consider that what a lender will let you borrow is not necessarily […]
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Goldman Sachs announces milestone with first over-the-counter crypto trade with Galaxy Digital
A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs is pushing further into the nascent market for derivatives tied to digital assets. The firm is close to announcing that it […]
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Stocks making the biggest moves premarket: Boeing, Anaplan, Nielsen Holdings and more
Check out the companies making headlines before the bell: Boeing (BA) – A Boeing 737-800 jet operated by China Eastern Airlines crashed in the mountains of southern China with 132 people aboard, with no immediate word on casualties. Boeing shares sank 5.8% in the premarket. Anaplan (PLAN) – Anaplan agreed to be bought out by […]
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Russian bond yields spike as trading resumes after month-long pause
Some Russian assets returned to trading on Monday after almost a month on the sidelines, with bidding on OFZ government bonds open for limited hours on the Moscow Exchange. The Central Bank of Russia announced on Friday that trading in federal loan bonds would resume on a discrete auction basis between 10 a.m. and 11 […]
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