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Market News
March 16, 2021
Specialty Grocer Weee! Valued at $2.8 Billion in Latest Round
Weee! Inc., an online grocer specializing in Hispanic and Asian foods, raised $300 million in new financing amid unprecedented demand for home...
March 16, 2021
GameStop Shares Slump Again Amid Wild Ride for Retail Traders
GameStop Corp. sank for a second day and is on pace for its worst back-to-back loss in more than a month as volatility picked up again for the...
March 16, 2021
British Airways Owner Readying Its First Bond With a Junk Rating
IAG SA has hired four banks to prepare an issue of bonds, its first as a junk-rated borrower since losing its prized investment-grade status in May...
March 16, 2021
Sputnik Vaccine Output to Surge on New Pact With Drugmaker in India
Russia will triple production of its Sputnik V vaccine in India following a new deal that strengthens Moscow’s pledge to inoculate a tenth of the...
March 16, 2021
China Warns European ‘Haters’ Over Human Rights Sanctions
China warned the European Union not to interfere in its national security affairs, saying any sanctions over human rights abuses -- based on...
March 16, 2021
U.S. Retail Sales Declined in February as Weather Impeded Demand
U.S. retail sales declined in February, when inclement winter weather settled over large swaths of the country, representing a temporary setback in...
March 16, 2021
Russia Criticizes U.S. for Pressing Brazil to Reject Its Vaccine
Russia condemned the U.S. for applying diplomatic pressure on Brazil to reject its Sputnik V Covid-19 vaccine, adding that attempts at political...
March 16, 2021
ECB May Give Banks More Time to Rebuild Capital After Pandemic
The European Central Bank said it may give lenders more time to replenish their capital, as they work through credit that goes sour because of the...
March 16, 2021