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Whatnot Nearly Doubles Valuation To $20 Bln In Latest Funding Round

India, Aug. 7 -- Livestream shopping startup Whatnot has raised $545 million in a Series G funding round, lifting its valuation to $20 billion and nearly doubling it from $11.5 billion less than a yea... Read More


RWE Reaches $1.22 Bln Deal To Exit U.S. Offshore Wind Projects

India, Aug. 7 -- German energy company RWE AG (RWEOY) has reached a $1.22 billion deal with the U.S. government to relinquish its offshore wind leases and redirect investment towards natural gas proje... Read More


Meta Ordered To Pay $567 Mln More In New Mexico Child Safety Case

India, Aug. 7 -- A New Mexico judge has ordered Meta Platforms, Inc. (META) pay an additional $567 million over allegations that its social media platforms exposed children to harmful content, sexual ... Read More


Oil Extends Gains On Hormuz Deal Doubts

India, Aug. 7 -- Oil prices traded higher on Friday, building on the previous session's gains amid doubts over ongoing efforts to fully reopen the Strait of Hormuz, a vital shipping route for global e... Read More


European Shares Inch Higher In Cautious Trade Ahead Of US Jobs Data

India, Aug. 7 -- European stocks were modestly higher in cautious trade on Friday as investors monitored oil price movements and awaited the U.S. jobs report later in the day for additional clues on t... Read More


Asian Shares Mixed Amid Hormuz Tensions, Strong China Trade Data

India, Aug. 7 -- Asian stocks ended mixed on Friday as uncertainty prevailed over a possible agreement between the United Sates and Iran to reopen the Strait of Hormuz and investors awaited U.S. jobs ... Read More


Canadian Stocks Climb To Record Highs Following Jobs Data

India, Aug. 7 -- Canadian stocks moved to the upside during trading on Friday, more than offsetting the modest pullback seen in Thursday's session. The benchmark S&P/TSX Composite Index advanced earl... Read More


Easing Interest Rate Concerns Contribute To Strength On Wall Street

India, Aug. 7 -- After moving to the upside early in the session, stocks remained mostly higher throughout the trading day on Friday. The major averages all ended the day in positive territory, with t... Read More


Swiss Franc Rises Amid Uncertainty Over Hormuz Reopening

India, Aug. 7 -- The safe-haven currency, the Swiss franc strengthened against other major currencies in the European session on Friday, as European stock markets traded lower with AI spending worries... Read More


UK Lloyds House Prices Remain Unchanged

India, Aug. 7 -- UK house prices stalled in July amid a more uncertain economic backdrop this year, data published by Lloyds Banking Group showed Friday. House prices posted a flat growth in July, fo... Read More