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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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Facebook to Launch New Climate Change Hub
September 15, 2020
The move comes in response to mounting calls for the platform to tackle climate misinformation, but will not change Facebook’s broader policies.
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Microsoft’s TikTok Bid Rejected, Clearing Way for Oracle
September 14, 2020
At the eleventh hour, ByteDance turned down Microsoft’s offer to buy the platform, leaving the way open for a deal with Oracle.
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Apple’s Floating Store Opens in Singapore
September 11, 2020
The firs of its kind, Apple’s third retail location in Singapore is entirely surrounded by the water of Marina Bay.
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Rio Tinto CEO Resigns Over Destruction of Juukan Gorge
September 11, 2020
The blasting of the sacred Aboriginal site drew international outrage and a push for accountability from company heads.
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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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