Reuters Big countries’ tax deal to reveal rift in Europe BRUSSELS (Reuters) -A global deal on corporate tax looks set to bring to a climax a deep-seated European Union battle, pitting large members Germany, France and Italy against Ireland, Luxembourg and the Netherlands. The European Commission, the EU’s executive, has long struggled to get agreement… Continue reading @niche: Premarket Movers Wednesday: Wendy’s, Workhorse, SPI Energy000941
Category: Automotive
@niche: Clover Health Surges 11% as Meme Stock Rally Continues000940
By Dhirendra Tripathi Investing.com — Shares of Clover Health (NASDAQ:CLOV), the latest addition to the meme-stock craze surged more than 11% in premarket trade on Wednesday, a day after retail traders in online discussion forums sent its stock zooming 86% to a record high. Medicare-backed insurance seller Clover Health has emerged as the new favorite… Continue reading @niche: Clover Health Surges 11% as Meme Stock Rally Continues000940
Walmart begins selling its Onn-branded Android TV streamers
Walmart has officially started selling a 4K Android TV device that’s been listed on its website for a month now. The retail giant has confirmed to 9to5Goole that the $30 Onn-branded streamer is now available for purchase — the publication spotted its listing over a month ago — both online and in-store. Meanwhile, the $25… Continue reading Walmart begins selling its Onn-branded Android TV streamers
‘Monark’ RPG by former ‘Shin Megami Tensei’ developers launches in October
A group of ex-Atlus developers who previously worked on the Shin Megami Tensei franchise has launched a brand new JRPG IP called Monark. The developers have just premiered its first trailer, showing the “new school RPG’s” characters and a brief view of its gameplay. Like the SMT and the Persona games by Atlus, it looks… Continue reading ‘Monark’ RPG by former ‘Shin Megami Tensei’ developers launches in October
Meat supplier JBS paid $11 million to its ransomware attackers
Other than Colonial Pipeline, the biggest recent ransomware attack targeted JBS, a meat supplier that’s responsible for up to one quarter of all meat processing in the US. Late last week the company said its operations were back online, and now it has confirmed paying “the equivalent of $11 million in ransom in response to… Continue reading Meat supplier JBS paid $11 million to its ransomware attackers
SparkCharge unveils next-gen mobile EV charger and new monthly charging offer
SparkCharge, the provider of a novel mobile charging service, has released a next-generation mobile charging system, the RoadieCCS, as well as ChargeUp, a new charging delivery service, that “promises to charge a vehicle wherever it is for just $25 per month.” “Being able to have your EV charged whenever and wherever you’d like takes away… Continue reading SparkCharge unveils next-gen mobile EV charger and new monthly charging offer
US-Chinese energy firm EcoFlow raises over $100m in GL Ventures-led round …
US and China-based portable power station maker EcoFlow has raised more than $100 million in a Series B round of financing led by GL Ventures, the venture capital unit of private equity firm Hillhouse Capital. The round brings the company’s market valuation to $1 billion, according to a company statement on Thursday. Proceeds from the… Continue reading US-Chinese energy firm EcoFlow raises over $100m in GL Ventures-led round …
China’s top banking regulator warns of bad loans, “serious” local real estate bubbles
China’s top banking and insurance regulator said banks should guard against a rise in non-performing assets, as the country rolls back some of the relief measures implemented during the pandemic to help firms withstand the fallout. In 2020, the central bank encouraged financial institutions to lower rates for virus-stricken firms and extend payment deadlines, among… Continue reading China’s top banking regulator warns of bad loans, “serious” local real estate bubbles
Amazon Australia chief to join US videogame maker GameStop as CEO
GameStop on Wednesday named the head of Amazon’s Australian business as its CEO and said the struggling videogame retailer may sell new shares, sending its volatile stock down 7% in extended trade and disappointing some of its ardent fan base of individual investors. In a quarterly report that was stronger than analysts forecast, GameStop said it may… Continue reading Amazon Australia chief to join US videogame maker GameStop as CEO
Alibaba planning to develop self-driving trucks with logistics subsidiary Cainiao
Chinese e-commerce leader Alibaba Group Holding Ltd plans to develop self-driving trucks with logistics subsidiary Cainiao, Chief Technology Officer Cheng Li said on Thursday. Cheng also said Cainiao aims to introduce 1,000 autonomous delivery robots in China over the next year. The announcement comes as dozens of startups, automakers and large technology firms, such as… Continue reading Alibaba planning to develop self-driving trucks with logistics subsidiary Cainiao