Category: Uncategorized

Amcham finds 42% of members surveyed plan or consider leaving
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Amcham finds 42% of members surveyed plan or consider leaving

A man wearing a protective face mask stands on Kowloon’s Tsim Sha Tsui waterfront that faces Victoria Harbour in Hong Kong. Anthony Wallace | AFP | Getty Images A survey by the American Chamber of Commerce in Hong Kong found that 42% of respondents are considering or planning to leave Hong Kong, with more than...

economist says states should decide on lockdowns
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economist says states should decide on lockdowns

Prime Minister Narendra Modi is under growing pressure to call for another nationwide lockdown in India as the overwhelmed health-care system struggles to fight a devastating second Covid-19 wave. But one member of Modi’s economic advisory council says state governments should have the final say in social restrictions instead. “All things considered, the current policy...

Consultant outlines steps to meeting socially responsible targets
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Consultant outlines steps to meeting socially responsible targets

With sustainable investments becoming an increasing part of the international agenda, pressure is piling on businesses to ensure they have a suitable strategy in place. BlackRock — the world’s largest asset manager and a forerunner in sustainable investments — was last week accused of inconsistency in its ESG agenda. ESG stands for environmental, social and...

SoftBank-backed mortgage lender Better in $7.7 billion SPAC
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SoftBank-backed mortgage lender Better in $7.7 billion SPAC

Pedestrians walk past signage for SoftBank Group outside a store in Tokyo, Japan, Nov. 29, 2018. Kiyoshi Ota | Bloomberg | Getty Images Digital mortgage lender Better.com announced Tuesday that it will make its market debut by merging with Aurora Acquisition Corp., valuing Better at $7.7 billion. The company, ranked No. 15 on last year’s CNBC Disruptor 50...

Pfizer scientist on mRNA and ‘more potent’ flu shots
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Pfizer scientist on mRNA and ‘more potent’ flu shots

Kathrin Jansen, Pfizer Inc, poses for a portrait in one of her labs in Pearl River, New York. Carlo Allegri | Reuters The mRNA technology used to develop the Pfizer–BioNTech Covid-19 vaccine could also help create “more potent” seasonal flu shots, Kathrin Jansen, head of Pfizer’s vaccine research and development, told CNBC. How well flu...

UK health startup Huma raises $130 million from investors
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UK health startup Huma raises $130 million from investors

Dan Vahdat, CEO and co-founder of Huma. Huma LONDON — The coronavirus pandemic has accelerated a shift toward digital health services, and investors are looking to capitalize on the trend by making big bets in the space. In the U.K., London-headquartered firm Huma announced Wednesday that it’s raised $130 million in an investment round led...

Stock futures are flat after Dow’s worst day since February
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Stock futures are flat after Dow’s worst day since February

U.S. stock futures were little changed in overnight trading on Tuesday after the Dow’s worst day since February. Dow futures fell 30 points. S&P 500 futures dropped 0.12% and Nasdaq 100 futures slipped 0.14%. On Tuesday, technology stocks fell but eventually recovered, spurring selling in the broader market. The Dow Jones Industrial Average lost 473...

April’s CPI data could show a massive year-over-year gain
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April’s CPI data could show a massive year-over-year gain

People buy groceries on a Walmart store on August 23, 2020 in North Bergen, New Jersey. Kena Betancur | VIEW press | Corbis News | Getty Images Consumer inflation data for April is expected to show the biggest year-over-year gain in nearly a decade. The anticipated 3.6% jump in the headline consumer price index in...