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Uber Receives 18-Month London Licence
September 28, 2020
Though it will remain closely monitored, the multinational taxi giant will be allowed to continue operations in one of its largest markets.
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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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Wells Fargo CEO Apologises for Comments on Diverse Talent
September 24, 2020
Charles Scharf’s claims that the bank had trouble reaching diversity quotas due to a lack of minority talent drew widespread condemnation.
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Stefano Domenicali to Become New Formula 1 CEO
September 23, 2020
The Lamborghini chief executive and former Ferrari F1 team principal will take over from Chase Carey at the end of the year.
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Microsoft to Buy Bethesda Softworks for $7.5 Billion
September 22, 2020
The purchase is set to radically alter the video game industry and boost the reach of Microsoft’s Xbox consoles.
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Confusion Surrounds TikTok-Oracle-Walmart Deal
September 21, 2020
Though TikTok’s sale deadline pushed back a week, the companies involved continue to issue contradictory statements.
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Nikola Founder Trevor Milton Resigns Amid Fraud Claims
September 21, 2020
The electric-truck maker’s shares nose-dived on Monday as its founder resigned amid public scandal.
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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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Qantas CEO’s Pay Falls 83% During Coronavirus Pandemic
September 18, 2020
Alan Joyce fell from the ranks of Australia’s highest-paid business leaders by refusing his salary and share incentives.
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Mastercard Pledges $500 Million to Help Address Racial Wealth Gap
September 17, 2020
The payments giant announced a three-part programme to improve financial inclusion for black communities in America.
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Qantas “Flight to Nowhere” Sells Out in 10 Minutes
September 17, 2020
The Australian airline’s unique lockdown-friendly travel opportunity was an immediate hit with customers.
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Warren Buffett-Backed Snowflake Nets Largest Software IPO Ever
September 16, 2020
The firm’s debut on the public market also marks the biggest US IPO of 2020.
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