Deliveroo has raised more than $180 million in its latest funding round, valuing the U.K. online food delivery company at over $7 billion, according to a company statement.
U.S. stocks roar on stimulus bets as Nasdaq jumps 2.5%
Rita Nazareth and Lu Wang, Bloomberg News
BNN Bloomberg s mid-morning market update: January 7, 2021 VIDEO SIGN OUT
Stocks rallied a day after violence rocked the U.S. Capitol, with investors firmly focused on the prospect for more stimulus and the likelihood that calm will prevail as Joe Biden takes the presidency.
All major U.S. equity benchmarks notched all-time highs, with about 70 per cent of the companies in the S&P 500 in the green and the Nasdaq 100 jumping 2.5 per cent. The Dow Jones Transportation Average a proxy for economic activity also hit a record, while the Russell 2000 Index of small caps extended a three-day advance to almost 8 per cent. Tesla Inc. surged after RBC Capital Markets upgraded the stock, noting it was âcompletely wrongâ with a previous bearish view. Another notable call came from Goldman Sachs Group Inc., which said banks have âmoved back into vogueâ due to optim
Stocks Grind Higher As Focus Turns From Capitol Chaos To Coming Stimulus zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
U.S. stocks roar on stimulus bets as Nasdaq jumps 2.5%
Rita Nazareth and Lu Wang, Bloomberg News
BNN Bloomberg s mid-morning market update: January 7, 2021 VIDEO SIGN OUT
Stocks rallied a day after violence rocked the U.S. Capitol, with investors firmly focused on the prospect for more stimulus and the likelihood that calm will prevail as Joe Biden takes the presidency.
All major U.S. equity benchmarks notched all-time highs, with about 70 per cent of the companies in the S&P 500 in the green and the Nasdaq 100 jumping 2.5 per cent. The Dow Jones Transportation Average a proxy for economic activity also hit a record, while the Russell 2000 Index of small caps extended a three-day advance to almost 8 per cent. Tesla Inc. surged after RBC Capital Markets upgraded the stock, noting it was âcompletely wrongâ with a previous bearish view. Another notable call came from Goldman Sachs Group Inc., which said banks have âmoved back into vogueâ due to optim
m pavlov/Thinkstock At 11 p.m. Dec. 31, Brexit gets real, with departure bringing a host of new regulations and customs paperwork.
Bloomberg | Dec 31, 2020
By Lizzy Burden and Richard Weiss
On the day the U.K. makes its final break with the European Union, the ports are clear of truck backups, goods are moving smoothly and grocery-store shelves are well stocked.
Even so, U.K. businesses that rely on some 1.2 billion pounds ($1.6 billion) worth of products crossing the border each day are taking no chances. At 11 p.m. Thursday, Brexit gets real.
Companies were already stockpiling and exploring alternatives to the crowded truck-ferry route across the English Channel when France unexpectedly closed its border for two days last week, citing a fast-moving Covid-19 outbreak in the U.K. The disruption produced miles-long backups at the Port of Dover a warning shot for potential chaos as the Brexit transition period ends.