Shares in blockchain technology-focused firm BTCS Inc rocketed on Thursday, set to extend a four-day rally, as more retail investors scooped them up after the company last week offered to pay dividends in bitcoin. The Silver Spring, Maryland-based company has seen its stock value more than double since Jan. 5, […]
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China Cinda Asset Management said on Thursday it plans to scrap an agreement to buy a 20per cent stake in the consumer finance arm of Ant Group, worth 6 billion yuan (US$943.83 million). The investment would have increased Cinda’s interest in Chongqing Ant Consumer Finance Co Ltd to 24per cent, […]
PARIS: France will on Friday (Jan 14) ease coronavirus travel restrictions for travellers from Britain, enabling vaccinated tourists to visit if they have a negative test, the government announced. A blanket ban on non-essential travel announced on Dec 16 caused major disruptions over the Christmas and New Year holidays, but […]
Twitter Inc has picked up a minority stake in Aleph Group Inc, the digital advertising firm said on Tuesday as it seeks to go public in the United States. Aleph did not reveal any financial terms of the investment but said Twitter’s stake buy would help the company expand its […]
TOKYO: Japanese supermarket chain Ito-Yokado will undertake a government-backed trial to offer variable discounts on more than a dozen products including bread and desserts as their expiry dates approach in an effort to cut waste. Some analysts warn that such a dynamic pricing approach in which the same goods are […]
RR.AI, a unit of self-driving technology startup Robotic Research, and U.S. bus maker GILLIG said on Monday they will jointly develop driver assistance systems and self-driving technology for commuter buses in the United States. Making taxis autonomous has proved more difficult and expensive to develop than expected, but investors have […]
Moderna Inc said on Monday it expected to record sales of about US$18.5 billion in 2022 from contracts for its COVID-19 vaccine, and about US$3.5 billion from potential additional purchases including booster candidates updated for variants. The company in November said its sales could be in the range of US$17 […]
MANILA : The Philippines’ Court of Appeals has cleared Japanese pachinko billionaire Kazuo Okada of fraud charges stemming from allegations that he misappropriated US$3.16 million from a casino-resort operator where he was chief executive. The appellate court, in a Dec. 9 ruling that was made public on Monday, reversed a […]
ABUJA : Shares of Airtel Africa hit an all-time high on Wednesday, lifting Nigeria’s main stock index, after the mobile phone company said it will use proceeds of a tower sale to reduce debt. Airtel, the third-biggest listed firm in Nigeria, with a dual listing in London, gained the maximum […]
Amazon.com Inc and Stellantis NV said Wednesday they will collaborate to develop cars and trucks with Amazon software in the dashboards, and deploy electric vans made by Stellantis on Amazon’s delivery network. The agreements expand Amazon’s efforts to get a bigger foothold in the transportation industry, and could help Stellantis […]