Grab, the biggest rival to ride-sharing service Uber Technologies Inc [UBER.UL] in Southeast Asia, has raised $750 million in a funding round, turning up the heat on the U.S. firm now seeking to expand in […]
Stocks rose, the yen retreated and long-dated government bond yields rallied around the world Wednesday after Japan’s central bank affirmed its commitment to aggressive easing as it introduced a new monetary policy framework. At the conclusion of […]
A federal judge in New York has ruled that bitcoin (COIN, OTCQB:BTCS) constitutes a form of money. The ruling comes from the ongoing case involving the now-defunct bitcoin exchange Coin.mx and one of its former […]
The official launch of the S&P 500 real estate sector – the first subdivision to be added since 1999 – was off to a good start on Monday, rising 0.75%. The sector, which is made […]
Downing Street met Wall Street late Monday as Theresa May landed in New York to consult with some of America’s largest firms over how her country should proceed with Brexit. The prime minister held two […]
Foreign exchange transactions indicate that China is under less pressure from capital outflow than it was earlier in the year, the State Administration of Foreign Exchange said. Commercial banks sold 21.7 billion yuan worth of […]
Google has purchased API.ai, a startup that equips more than 60,000 developers with tools to improve speech recognition and natural language understanding in apps. API.ai’s products are used to “build conversational experiences, for environments such […]
Three presidential debates and the one scheduled vice presidential debate will be streamed live on Facebook’s (FB +0.1%) platform. Facebook and ABC News worked together previously to stream the Republican and Democratic national conventions. Rights to […]
The stock hit new 52-week and all-time highs, although its 4% after-hours gain will have to hold up until Wednesday’s session to officially count. Adobe (NASDAQ:ADBE) beat on earnings per share estimates and marginally topped […]
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