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The latest business and financial news from around the 🌍 with insights from @breakingviews
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Southeast Asia's biggest ride-hailing and food delivery firm, Grab, went public in the U.S. via a merger with special-purpose acquisition company Altimeter securing a valuation of nearly $40 billion. Here is a weekly roundup of major business and financial news https://t.co/3BGB7LKDTe
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.@Breakingviews review: 'The Last Blockbuster' documentary examines the more nuanced truth of the video-rental chain’s demise. Netflix played its part, but the fall of Blockbuster had many culprits, says @jennifersaba https://t.co/yBROymaw7d https://t.co/yBROymaw7d
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Homebuilding in the U.S. jumped to a nearly 15-year high in March https://t.co/IyjWAaqtOT https://t.co/aHdAYUnmtC
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From @Breakingviews: Morgan Stanley picked a good time to back a bad client. @johnsfoley explains https://t.co/hJLSe0pN8P https://t.co/hJLSe0pN8P
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Credit Suisse sued over risk exposure to Greensill Capital, Archegos https://t.co/upcuv8xuVr https://t.co/OyuhYEvgva
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From @breakingviews: Turkey's new central bank chief Sahap Kavcioglu is unlikely to be able to lower interest rates without risking rising inflation or even a currency crisis, @dasha_reuters explains https://t.co/Iu5RtWiG5c
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ARK buys another $64 mln in Coinbase shares, sells $99.5 mln of Tesla shares https://t.co/XBKEamgKOv https://t.co/q25kRLRLBo
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U.S. homebuilding surged to a nearly 15-year high in March but soaring lumber prices could limit builders’ capacity to boost production https://t.co/IyjWAaqtOT https://t.co/EW4umt06ww
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WATCH: Morgan Stanley reported a big jump in quarterly profit. It benefited from an unprecedented boom in dealmaking through special purpose acquisition companies https://t.co/6rqfCIJPMM https://t.co/NRBO6yzihQ
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WATCH: Southeast Asia's ride-hailing and food delivery firm Grab plans to have an investor base close to where its regional business is based. The company is in the early stages of considering a secondary listing in Singapore https://t.co/MZxIw3tmRl https://t.co/BNrmOJcHOM
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Insurer Hartford to pay $650 mln for claims linked to Boy Scouts of America sex abuse cases https://t.co/vN8wT573eH https://t.co/pXMZAGGsPc
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With flagship electric car, Mercedes-Benz takes fight to Tesla. The EQS will go on sale in Europe and the United States in August, then in China in January https://t.co/OCGUBLZtm8 https://t.co/rysu8gADY1
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Credit Suisse sued over risk exposure to Greensill Capital, Archegos https://t.co/Hevlhq7OYW https://t.co/d9iupcSqNT
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Wall St Week Ahead Tech retakes market lead as investors eye yields, earnings https://t.co/8EjkpGwlCv https://t.co/12UvXjSFXX
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Wall Street's three main indexes ended higher, with the S&P 500 and the Dow breaking closing records and booking their fourth straight week of gains https://t.co/LrPA57zYK7 https://t.co/fvORxlh4kP
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From @breakingviews: Turkey's new central bank chief kept the main interest rate at 19% but he is paving the way for a looser monetary policy, @dasha_reuters explains https://t.co/9bJ57Zbek1
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ARK buys another $64 mln in Coinbase shares, sells $99.5 mln of Tesla shares https://t.co/agEYpg5n3u https://t.co/m6Uk9580Ki
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From @Breakingviews: Goldman Sachs’s communications veteran, Jake Siewert, is going back to the future, sort of. @rob1cox explains on Capital Calls https://t.co/6LDAvZiM0Q https://t.co/6LDAvZiM0Q
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EU to define what makes a 'green' investment in transport, industry, buildings -draft https://t.co/6cxjCDnUNY https://t.co/GNRaxF4k7c
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