Investments

EU pledges to stay green in recovery from coronavirus

8 minutes ago   |   Chron

BRUSSELS - The European Commission pledged Thursday to stay away from fossil-fueled projects in its coronavirus recovery strategy, and to stick to its target of making Europe...
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Investors are flying blind during the pandemic when it comes to valuing private shares - and it could be what finally makes unicorn profitability a must-have

Investors are flying blind during the pandemic when it comes to valuing private shares - and it could be what finally makes unicorn profitability a must-have

26 minutes ago   |   Business Insider   |   2 articles

Valuing companies - especially money-losing unicorns - was a challenge for investors before the coronavirus pandemic upended commerce and changed the way the world works. Now...
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Shamina Singh on queer women in tech: ‘We move fast. and get a lot done'

42 minutes ago   |   Fast Company   |   4 articles

No. 9 on Fast Company's Queer 50 list, Singh is working on various initiatives at Mastercard, including the company's recent investment to identify and scale treatments for...
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A part-time real-estate investor quit his traditional job 5 years after snagging his first deal. He shares his no-hassle strategy that's allowed him to travel the world with his 6 kids

A part-time real-estate investor quit his traditional job 5 years after snagging his first deal. He shares his no-hassle strategy that's allowed him to travel the world with his 6 kids

42 minutes ago   |   Business Insider   |   2 articles

Erik Schauman leveraged a hands-off approach to real-estate investing that enabled him to quit his job and travel the world after just five years. From halfway around the...
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David Herro was the world's best international stock-picker for a decade straight. He breaks down 8 stocks he bet on after the coronavirus decimated markets - and 3 he sold

David Herro was the world's best international stock-picker for a decade straight. He breaks down 8 stocks he bet on after the coronavirus decimated markets - and 3 he sold

42 minutes ago   |   Business Insider

David Herro's Oakmark funds have brought in huge returns over the past 30 years, and Morningstar named him international fund manger of the decade in 2010. Herro told Business...
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NBA MVP Giannis Antetokounmpo Makes Significant Investment In Ready Nutrition

50 minutes ago   |   Forbes

The Milwaukee Bucks star has earned more than $150 million in his career in salary and endorsements. He's making his first investment in Ready Nutrition, which makes a...
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Google and Microsoft reportedly considering stakes in Indian telecom firms after Facebook deal

1 hour ago   |   Tech Crunch   |   2 articles

Weeks after Facebook acquired a 9.9% stake in India's Reliance Jio Platforms , two more American firms are reportedly interested in the Indian telecom market. Google is...
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EQT acquires freemium graphics and stock photo marketplace, Freepik

2 hours ago   |   Tech Crunch

Freepik , a Malaga-Spain based website which offers a curated freemium marketplace of vector graphics and stock photos fed by a community of contributing designers and...
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A 12 year journey ends as Skimlinks is acquired by retail marketing platform Connexity

2 hours ago   |   Tech Crunch   |   2 articles

Connexity , a lead-gen platform for online retailers, has acquired Skimlinks , a UK platform for publishers to make money through affiliate links. Terms of the deal were...
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Mike Pompeo Has No Place In Ayn Rand's Hong Kong

2 hours ago   |   Forbes   |   11 articles

Secretary of State Mike Pompeo said that the U.S. no longer views Hong Kong as a sufficiently autonomous from China, a move that jeopardizes billions of dollars of U.S.-Hong...
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Stocks continue to rally despite China-Hong Kong tensions and mounting...

Stocks continue to rally despite China-Hong Kong tensions and mounting jobless claims

This is the web version of the Bull Sheet, Fortune's no-BS daily newsletter on the markets. Sign up to receive it in your inbox here . Good morning, Bull Sheeters. How's this... Read more ...

Nissan workers in Barcelona stage massive protest over factory closure plans

Nissan workers in Barcelona stage massive protest over factory closure plans

Thousands of people have marched in Barcelona to protest Japanese auto giant Nissan's decision to close its factory in the region which will result in the loss of up to 3,000... Read more ...

It looks like Trump's draft executive order targeting Facebook and Twitter...

It looks like Trump's draft executive order targeting Facebook and Twitter got leaked online

It looks like the executive order threatened by President Trump against social media companies has leaked. Law professor Kate Klonick published what she claimed was a draft of... Read more ...

Global stocks bounce as investors shrug off approval of China's new...

Global stocks bounce as investors shrug off approval of China's new draconian law on Hong Kong, and look to 'galactic' coronavirus stimulus

Most global stocks rose on Thursday, shrugging off the approval of a new security law in Hong Kong, which many fear will allow Beijing to rule the semi-autonomous region with... Read more ...

Venezuela hopes to have gold frozen by Britain returned in order to buy food...

Venezuela hopes to have gold frozen by Britain returned in order to buy food and medical supplies amid Covid-19 pandemic

Venezuela has reached a deal with the United Nations to use its gold - frozen by the Bank of England - to fund necessary food and medical purchases during the Covid-19... Read more ...

The Latest: Tanzania virus data not updated in a month

The Latest: Tanzania virus data not updated in a month

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health... Read more ...

EasyJet stock surges 7% as it slashes up to 4,500 jobs over COVID-19, and...

EasyJet stock surges 7% as it slashes up to 4,500 jobs over COVID-19, and warns demand won't fully return until 2023

EasyJet shares surged as much as 7.5% on Thursday as the company announced 4,500 job cuts due to COVID-19. The budget airline plans to restart flying on 15 June but only... Read more ...

China passes landmark legislation to force national security laws in Hong...

China passes landmark legislation to force national security laws in Hong Kong, effectively crushing the city's autonomy

China passed new national security legislation for Hong Kong on Thursday in a major blow to the city's autonomy. The proposal was voted on by the annual and largely... Read more ...

Billionaire investor Carl Icahn dumped all of his Hertz shares at an almost...

Billionaire investor Carl Icahn dumped all of his Hertz shares at an almost $2 billion loss after the car-rental giant's bankruptcy

Carl Icahn dumped his 39% stake in Hertz at a loss of nearly $2 billion on Tuesday. The billionaire investor sold his 55.3 million shares for less than $40 million after the... Read more ...

German economy may shrink by over 9% this year due to coronavirus crisis

German economy may shrink by over 9% this year due to coronavirus crisis

Europe's biggest economy, Germany, may decline by 9.3 percent in 2020, according to the worst-case scenario outlined by one of the country's largest economic think tanks, the... Read more ...