Baidu (BIDU.Q) and Geely (0175.HK) Agree to $7.7 billion Smart Car Investment Venture
Jidu Auto, an electric vehicle venture between China’s tech giant Baidu (BIDU.Q) and Chinese automaker Geely (0175.HK), aims to plough 50 billion yuan
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Finance
Kimco Realty (KIM.NYSE) Acquires Rival Weingarten Realty (WRI.NYSE) in $3.87 Billion Merger
Kimco Realty (KIM.NYSE), and Weingarten Realty Investors (WRI.NYSE), have entered into a definitive merger agreement. The deal will see Weingarten merge with Kimco,
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TikTok Ventures into E-commerce Space by Teaming Up With Shopify (SHOP.NYSE)
From the outset, social media has provided an indispensable resource for businesses looking to boost their sales both online and in-store. These platforms
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Netflix (NFLX.Q) hits a wall.
In Q3, 2020 Netflix added 2.2 million subscribers – below Wall Street’s and Netflix’s expectations. NFLX had previously forecast adding 2.5 million paid
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Major Bank pledges to become more inclusive
JPMorgan Chase has stated has stated that it plans to help 1 million people open checking accounts. Shockingly, minorities pay more for their
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Harley Davidson (HOG.NYSE) revs up its engines and high-tails out of India.
Harley-Davidson just fled the world’s biggest motorcycle market. The iconic US motorcycle brand is shutting its factories in India and reducing its sales
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Tesla (TSLA.Q) 3X short sellers finally get some joy
Baillie Gifford, Tesla’s (TSLA.Q) largest non-insider shareholder, has sold-off of its Tesla shares. A filing with the SEC on Wednesday showed that the
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Warren Buffett buys gold but still owns a lot of Apple (AAPL.NYSE)
The internet detonated with the news that Warren Buffet – the leader of Berkshire Hathaway – (BRK-A.NYSE) just purchased 21 million shares of
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Guess who is buying U.S. oil?
Recent OPEC+ production cuts have changed the dynamics of the global oil trade. Lower exports from gulf producers pushes up the price of
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Hong Kong property values plunge, Chinese nationals snap up high-rises at bargain prices
Political unrest in Hong Kong has caused commercial property values to plunge. Some mainland Chinese investors are taking advantage of the 30% off
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GDXJ.NYSE: are Robinhood investors making gold stocks frothy?
“Robinhood is a private popular millennial free trading platform that just raised $280 million, valuing it at $8 billion. Robinhood earns interest on
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Jack Ma’s Ant plans big IPO in China
The Ant Group – controlled by Chinese legend Jack Ma is planning an IPO on the Hong Kong Stock Exchange and the Shanghai
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