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Rolls-Royce’s Stock Dive Eases
October 5, 2020
Struck hard by the COVID-19 pandemic, Rolls-Royce’s bid to make up for losses in the first half of the year sent its stock into freefall.
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Rolls-Royce Aims to Raise £5 Billion to Address Losses
October 1, 2020
Shares in the renowned engine maker fell to a 17-year low following its announcement of a rights issue.
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Apple CEO Tim Cook Receives First Major Stock Grant Since 2011
September 30, 2020
The grant, worth $114 million, ensures that the newly minted billionaire will be highly compensated through to 2025.
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Masayoshi Son Cuts SoftBank Shares Pledged to Lenders
September 25, 2020
In a move that may reduce the likelihood of SoftBank being taken private, its billionaire CEO has reduced stock pledged to financial institutions.
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A Record Week for IPOs
September 18, 2020
The week beginning 14 September has been the busiest for IPOs since Uber floated in May 2019.
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AstraZeneca CEO Claims 2020 Vaccine Possible Despite Setbacks
September 10, 2020
Pascal Soriot sought to allay fears that a suspension of late-stage trials would mean a delay in COVID-19 vaccine production.
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Silver Lake Invests $1 Billion in Ambani’s Reliance Retail
September 9, 2020
The investment comes months after Reliance’s launch of JioMart, aimed at tapping into India’s $825 billion retail market.
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IPO Briefly Makes Bottled Water Entrepreneur China’s Richest Man
September 8, 2020
A record flotation saw Zhong Shanshan’s personal wealth elevated above that of Jack Ma, if only for a few hours.
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Alibaba and Xiaomi Join Hang Seng Index
September 7, 2020
The addition of the two firms reflects the growing influence of Chinese tech giants over Hong Kong’s stock market.
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Tesla Stock Wobbles After Launching $5 Billion Share Offering
September 2, 2020
The automaker’s shares slipped following the announcement, and its largest shareholder reduced its holding.
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Apple Becomes the US’s First $2 Trillion Listed Company
August 19, 2020
Wednesday trading saw Apple’s market cap rise above the $2 trillion mark for the first time in Wall Street’s history.
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Elon Musk Becomes the World’s Fifth-Richest Man, Again
August 18, 2020
Following a stock surge, the Tesla CEO’s net worth has risen above that of Warren Buffett and Mukesh Ambani.
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