Rivian Automotive Inc., an electric-vehicle startup that has received financial backing from both Amazon.com Inc. and Ford Motor Co., is determined to go public as soon as September 2021. According to sources that are familiar with the company, Rivian is expecting a valuation of $50 billion at the time...
Hong Kong Health Secretary Sophia Chan announced on Wednesday that the city plans to ease coronavirus restrictions from February 18th onwards. This will see the reopening of sports and entertainment facilities as well as the extension of dining hours in restaurants.
While catering businesses will be permitted to remain open...
The price of oil rose yet again on Wednesday, consequently resulting in the commodity extending its longest streak of gains in the last two years. This price hike is the result of falling U.S. crude stockpiles which are contributing to the shortage of global supply.
The rise in the value...
Electric vehicle charger manufacturer Blink Charging Co. has posted a 3,000% stock gain over the past eight months, making it one of the most in-demand stocks in the United States. Surprisingly, this climb comes after 11 successive years during which the company was unable to turn a profit. In...
In response to the current global semiconductor shortage, Volkswagen has called on European governments to allocate more capital towards boosting the chip manufacturing sector.
According to Markus Duesmann, the Volkswagen board member in charge of research & development and head of luxury unit Audi, the German vehicle manufacturer will not...
Since the initial outbreak of the COVID-19 pandemic, nationwide as well as global shutdowns have resulted in the crippling of the hospitality industry, with over 3.9 million hospitality workers being left jobless since the start of the pandemic in February 2020. In response to this dire circumstance, CareerBuilder CEO...
The government of the United Kingdom has reportedly entered into talks with numerous pharmaceutical companies over the possibility of receiving early access to modified versions of existing coronavirus vaccines. This move comes as the United Kingdom looks to secure its place as one of the first countries to receive...
Retail sites for silver find themselves overwhelmed by an excess demand for both silver bars and coins this week. This surge in demand has likely rolled over from last week's frenzy, whereby an unprecedented amount of orders for physical assets were placed.
As a result, silver futures surged by more...
The Colombian government announced on Saturday that it is due to receive an initial order of 4.4 million doses of coronavirus vaccines from the World Health Organization-backed COVAX mechanism.
President Ivan Duque addressed the nation on television, explaining that this delivery would include a combination of vaccines developed by Pfizer...
With multinational pharmaceutical company Johnson & Johnson revealing its latest coronavirus vaccine data, U.S. stock indexes fell while going into the weekend. According to its latest report, Johnson & Johnson's coronavirus vaccine candidate has proven to be 72% effective in the United States and 66% on a global scale.
These...