Uber Technologies Inc said on Friday New York-based private equity firm Greenbriar Equity Group would invest $500 million in its logistics arm, Uber Freight, valuing the unit at $3.3 billion on a post-money basis.
Trulieve Cannabis (OTC: TCNNF) is sizzling hot. So far this year, its share price has soared nearly 60%. That's a far better performance than any other major U.S. or Canadian cannabis producer, and it comes on the heels of Trulieve's 47% gain last year.
Walmart Inc has agreed to sell its British supermarket chain Asda to private equity group TDR Capital and the founders of petrol station operator EG Group for 6.8 billion pounds ($8.8 billion), it said on Friday.
For over 80 years, Social Security has been a financial rock for our nation's retired workforce. More than 46 million of today's program beneficiaries are retired workers, with approximately a third of these recipients pulled out of poverty each year as a direct result of their
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(RTTNews) - Boeing said it has been selected to develop next-generation satellite system for U.S. Space Force. The first phase of the Space Force's Evolved Strategic SATCOM or ESS program includes prototype payload, and architecture development. The initial ESS development contr
Ten coronavirus vaccine candidates are currently in late-stage testing, according to the World Health Organization. Four of them are being evaluated in U.S. phase 3 clinical trials, with a fifth set to join the group soon.
The Canadian dollar is set to gain more than 2% against its U.S. counterpart in a year as an expected recovery in the global economy from the coronavirus crisis improves the outlook for commodity prices, a Reuters poll showed.
London-listed shares fell on Friday, tracking losses in global stock markets after U.S. President Donald Trump tested positive for the novel coronavirus, with domestic investors also staying cautious on an uncertain outlook for Brexit.
(RTTNews) - Today's Daily Dose brings you news about the first rolling review of a COVID-19 vaccine in the EU, reverse merger of privately held Chinook Therapeutics with Aduro, Enlivex Therapeutics' positive top-line results of an investigator-initiated clinical trial of Allocet
SAN FRANCISCO (Reuters Breakingviews) - Donald Trump’s Covid-19 diagnosis ends the virus immunity that markets have largely enjoyed. The U.S. president said early Friday he tested positive for the disease caused by coronavirus. The ramifications for November’s electi
Japan's DCM Holdings, operator of home supplies centres, said on Friday it was aiming to buy furniture retailer Shimachu Co for around 164 billion yen ($1.6 billion)
Italy's clean-up scheme for Monte dei Paschi di Siena is set to be approved by shareholders of the state-owned bank on Sunday after two years' in the planning, but it is unlikely to be enough to attract a buyer.
Central banks in developing countries have cut rates for 20 straight months, exceeding the easing cycles sparked by the 2008 financial crisis and in the wake of the 2010 euro crisis, though the pace of reductions continued to slow in September.
Atlas Copco has appointed company veteran Peter Kinnart as its new chief financial officer starting in July 2021, the maker of compressors, vacuum pumps and industrial tools said on Friday.
(RTTNews) - Bendix Commercial Vehicle Systems, a unit of Knorr-Bremse (KNRRY.PK, KNBHF.PK), has acquired full ownership of Bendix Spicer Foundation Brake LLC, the joint venture it formed in 2004 with Dana Incorporated (DAN). Bendix will immediately incorporate the wheel-end busi
The European Central Bank must prepare to issue a digital euro to complement banknotes "if and when" it becomes necessary, ECB board member Fabio Panetta said on Friday.
South African petrochemicals firm Sasol said on Friday chemical company LyondellBasell Industries N.V. had agreed to acquire a 50% stake in its Lake Charles Chemical Project (LCCP) Base Chemicals Business for $2 billion.
Spanish construction conglomerate ACS is in talks to sell industrial construction business Cobra to French rival Vinci, financial newspaper Cinco Dias reported on Friday, citing unidentified sources.
Malaysia Aviation Group, the holding company for Malaysia Airlines Bhd, said in a letter to lessors the group is unlikely to be able to make payments owed after November unless it receives more funding from state fund Khazanah.