Business – Mysterious World

Oil major Exxon Mobil Corp on Tuesday urged shareholders to reject seven proposals up for voting at its annual meeting on May 26, including the proposition to split its chairman …

Business

Cryptocurrency inflows hit record high of $4.2 billion, CoinShares says

March 31, 2021March 26, 2021 - by johngawnecom

Inflows into cryptocurrency funds and products have already hit a record $4.2 billion for the first quarter, reflecting growing institutional investor interest, CoinShares data showed. The previous high for crypto …

Business

G4S saga ends as shareholders accept $5.3 billion Allied Universal offer

March 30, 2021March 26, 2021 - by johngawnecom

The G4S takeover saga finally came to an end on Tuesday after a majority of the security company’s shareholders accepted a 3.8 billion pound ($5.28 billion) offer from U.S. rival …

Business

GameStop leads meme stocks lower, on track for sharp weekly drop

March 29, 2021March 26, 2021 - by johngawnecom

Shares of GameStop Corp slid further in early trade on Tuesday, continuing a slump that has seen the videogame retailer’s stock shed a third of its value so far this …

Business

Italy’s Atlantia extends talks on unit sale to March 27

March 28, 2021March 26, 2021 - by johngawnecom

Atlantia agreed to extend talks with a consortium led by state lender CDP over the sale of its 88% stake in motorway unit Autostrade per l’Italia to March 27, the …

Business

JPMorgan to host summer interns in NY, London offices

March 27, 2021March 26, 2021 - by johngawnecom

JPMorgan Chase & Co is planning to have its summer interns working from offices in London and New York City, a person familiar with the matter said on Tuesday. The …

Business

UAW criticizes Ford plan to build new vehicle in Mexico, not Ohio

March 26, 2021March 26, 2021 - by johngawnecom

The United Auto Workers union criticized Ford Motor Co’s plan to build a new vehicle in Mexico rather than at an Ohio plant, suggesting it might be in violation of …