Insurer Intact Financial estimates first-quarter catastrophe losses at $183-million Intact Financial Corp. IFC-T -1.44%decrease estimates its catastrophe losses for the first quarter totalled about $183-million on a pre-tax basis, due in large part […]
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Shopify proposes changes to governance structure, announces 10-for-one share split
Shopify proposes changes to governance structure, announces 10-for-one share split Shopify Inc. SHOP-T +2.91%increase is proposing changes to its governance structure to preserve founder and CEO Tobi Lutke’s voting power, while also proposing […]
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Another Chinese city has overtaken New York for number of billionaires
Another Chinese city has overtaken New York for number of billionaires Three years ago, American entrepreneur Raj Oswal traveled to the Chinese city of Shenzhen on behalf of a client. He was […]
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S&P 500 drops more than 1% to start the week as higher rates send tech shares lower
S&P 500 drops more than 1% to start the week as higher rates send tech shares lower Stocks fell on Monday as investors grew increasingly concerned a three-year high in […]
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Sony and the Lego family bet big on the ‘metaverse’ with $2 billion investment in Epic Games
Sony and the Lego family bet big on the ‘metaverse’ with $2 billion investment in Epic Games Fortnite creator Epic Games has raised $2 billion in funding from Sony and the Lego […]
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Gold prices higher in early Asian trading Monday
Gold prices higher in early Asian trading Monday Gold futures for June delivery rose 0.4% to close at $1,945.60 an ounce on Comex, leaving it up 1.1% for the week. […]
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Elon Musk decides not to join Twitter board, says CEO Parag Agrawal
Elon Musk decides not to join Twitter board, says CEO Parag Agrawal Tesla and SpaceX CEO Elon Musk has abandoned his plans to join the board of Twitter, his social network […]
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Chinese indexes drop at least 2% after data shows China producer inflation surging
Chinese indexes drop at least 2% after data shows China producer inflation surging SINGAPORE — Chinese stocks led losses in Asia-Pacific markets in Monday trade as investors reacted to China’s […]
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Elon Musk proposes Twitter Blue subscription shakeup days after disclosing 9.2% stake
Elon Musk proposes Twitter Blue subscription shakeup days after disclosing 9.2% stake Elon Musk, Twitter Inc’s biggest shareholder, on Saturday suggested a raft of changes to the social media giant’s Twitter […]