United Kingdom

Abhishek Manikandan

Palantir value pegged at $15.8 billion ahead of long-awaited NYSE debut

29 Sep 2020

The New York Stock Exchange on Tuesday set a reference price of $7.25 per share for Palantir Technologies Inc, valuing the data analytics company at a $15.8 billion ahead of its public market debut on Wednesday.

JPMorgan to pay $920 million for manipulating precious metals, treasury market

29 Sep 2020

JPMorgan Chase & Co has agreed to pay more than $920 million and admitted to wrongdoing to settle federal U.S. market manipulation probes into its trading of metals futures and Treasury securities, the U.S. authorities said on Tuesday.

JPMorgan set to pay nearly $1 billion in spoofing penalty: source

24 Sep 2020

JPMorgan Chase & Co is set to pay nearly $1 billion to resolve market manipulation investigations by U.S. authorities into its trading of metals futures and Treasury securities, a person familiar with the situation said on Wednesday.

JPMorgan to move £184 billion of assets to Germany ahead of Brexit - source

23 Sep 2020

LONDON JPMorgan Chase & Co is moving about 200 billion euros (184 billion pounds) of assets from the United Kingdom to Germany as a result of Britain's exit from the European Union, a source familiar with the matter said on Wednesday. | Video

Pactiv Evergreen shares dive in Nasdaq debut

17 Sep 2020

Shares of beverage and food packaging company Pactiv Evergreen Inc fell as much as 23.1% on Thursday in their Nasdaq debut, after the company priced its IPO well below the target range.

Buffett-backed Snowflake's value doubles in stock market's largest software debut

16 Sep 2020

Snowflake Inc's shares more than doubled in their New York Stock Exchange debut on Wednesday, a day after the Warren Buffett-backed data warehouse company raised more than $3 billion in the largest U.S. listing of the year thus far.

World News

China wields patriotic education to tame Hong Kong's rebellious youth

Cua Chiu-fai is on a mission to rid Hong Kong's classrooms of what he sees as poisonous anti-China bias. His soldiers: mainly parents. He has recruited hundreds of mothers and fathers to monitor and report on teachers deemed guilty of filling their students with hate for China and urging them to take to the streets in protest.