Apple hits $2tn, Germany fears zombie companies, Biden goes green
Apple has hit a $2tn market capitalisation just two years after it became the world’s first trillion-dollar company, concern is growing in Germany that a rule introduced as part of the country’s emerg...
20 Aug 20209min
Oracle considers TikTok, Putin and Belarus, and the rise of “blank-cheque companies”
Oracle has entered the race to acquire TikTok, EU leaders lined up to urge the Vladimir Putin to help steer Belarus out of its political crisis, and the US postmaster-general has reversed course on a ...
19 Aug 202010min
Belarus protests intensify, Robinhood raises more funds, drilling in the Arctic
Alexander Lukashenko, the strongman president of Belarus, fought for his political future on Monday as protesters called on him to “resign”, stock-trading app Robinhood raised new equity that values t...
18 Aug 20209min
Democrats probe post office, Italy’s economy shows signs of life, chocolate sales slump
Senior Democrats have called the US postmaster general to testify before Congress amid election fears, pharmaceutical group CureVac has ruled out selling a vaccine at cost, and Italy's businesses enjo...
17 Aug 20209min
Israel and UAE peace deal, Trump vows to block postal vote funds, China treads cautiously
Israel and the United Arab Emirates have reached a historic peace deal, Donald Trump has threatened to deprive the US post office of money needed for postal voting in November’s presidential race, and...
14 Aug 20209min
SME’s lose big, UK GDP woes, remembering Sumner Redstone
Small and medium-sized US companies suffered a wipeout in profits in the second quarter amid the Covid-19 crisis, Lyft reported a 61 per cent drop in revenue in the same quarter but says it is seeing ...
13 Aug 20208min
Biden chooses Kamala Harris as VP candidate, questions on Kodak loan, Russia’s Covid-19 vaccine
Democrat Joe Biden has named Kamala Harris as his vice-presidential running mate, an Eastman Kodak board member donated $116m in company shares to an Orthodox Jewish congregation just before the stock...
12 Aug 202010min
Uber and Lyft told to reclassify drivers, Goldman vs Fed, Sweden’s pandemic
A judge in California has ordered Uber and Lyft to reclassify their drivers as employees, and the Federal Reserve has turned down Goldman Sachs’ request for less onerous treatment after the results of...
11 Aug 202010min
