By Scott Murdoch and Patturaja Murugaboopathy HONG KONG/BENGALURU (Reuters) – Indian companies have raised a record $31 billion in equity capital in 2020, Refinitiv data showed, as banks strengthen their…
Tag: billion
British bank NatWest swings to a 2nd-quarter loss of $1.7 billion as income tumbles and impairment charges soar
© RBS RBS NatWest posted sharply lower profits last quarter as less income and a hefty impairment charge weighed on its business. The British bank’s total income tumbled 34% year-on-year…
This $3 billion online education company is seeing a ‘paradigm shift’ due to coronavirus
As more and more colleges weigh their options for adding online education in the fall, one online ed company is reaping the benefits of the shift away from lecture halls.…
The global sneaker resale market could reach $30 billion by 2030
A little over a year has passed since Cowen Equity Research classified sneakers as an emerging alternative asset class. Since then, sneakers have not only emerged, but the market itself shows…
Jack Ma’s Ant Seeks $200 Billion Value in Landmark Dual IPO
(Bloomberg) — Billionaire Jack Ma’s Ant Group is seeking a valuation north of $200 billion as it goes public in Hong Kong and Shanghai, people familiar with the matter said,…