Gatwick Airport, Britain’s no.2 airport, said the pandemic had pushed it to a 321 million pound loss in the first six months of 2020 as passenger numbers collapsed and it prepared for the travel slump to last for years. Gatwick, owned by VINCI Airports and Global...
Shares of Chinese electric vehicle (EV) maker Xpeng Inc jumped as much as 67% after its U.S. market debut on Thursday, as capital markets continue to reward new listings in what has been one of the best years for IPOs since the dotcom boom. Shares of Xpeng, which...
The Federal Reserve unanimously approved a new strategy that will effectively set aside a practice it has followed for more than three decades to pre-emptively lift interest rates to head off higher inflation. Fed Chairman Jerome Powell unveiled the updates in a...
Tricon Residential announced that a syndicate of investors led by Blackstone Real Estate Income Trust (“BREIT”) has agreed to make a $300 million preferred equity investment in the company. This investment will provide several immediate benefits to Tricon, including...
BITKRAFT Ventures, a leading esports venture capital fund, has raised a total of $165 million (£125 million) to invest across esports, gaming, and interactive entertainment. The BITKRAFT Venture Fund I closed above its original target of $125 million (£94.7 million),...
