UK competition regulator concerned over $9.2 billion eBay-Adevinta deal

The British competition authority (CMA) has expressed concerns about the planned acquisition by Norway's Adevinta of eBay's classified ads business, Adevinta said on Tuesday.

Reuters 16-02-2021

Utilities, Tesla, Uber create U.S. lobbying group for electric vehicle industry

A group of major U.S. utilities, Tesla, Uber and others said on Tuesday they are launching a new group to lobby for national policies to boost electric vehicle sales.

Reuters 17-11-2020

PayPal is in early-stage talks to buy crypto asset security firm Curv for half a billion, reports say

PayPal is holding early-stage discussions to acquire cryptocurrency custody firm Curv, Bloomberg reported on Tuesday. The deal could be worth as much as $500 million, according to CoinDesk. Discussions could still fall apart as there's no guarantee of a deal yet.

Business Insider 03-03-2021

Fed sees 'strong capital levels' at banks after stress tests, greenlights share buybacks

The largest U.S. banks have enough capital to withstand over $600 billion in losses from a short sharp economic slump, as well as a moderate longer-lasting downturn, and will be permitted to pay out dividends and buy back stock on a limited basis, the U.S. Federal Reserve said.

Reuters 18-12-2020

Technical indicators say these 9 growth stocks have upside in 2021, Fundstrat says

Following years of underperformance, value stocks posted a significant rebound over growth stocks in November as positive COVID-19 vaccine news led investors to begin buying the beaten down reopening trade, or stocks best poised to recover from a reopening of the economy. But despite the strong showing for value stocks last month, "growth stocks are not dead nor are they completing longer-term tops," Fundstrat's technical analyst Robert Sluymer said in a note on Tuesday.

Business Insider 01-12-2020

Facebook, Twitter face British fines if fail on harmful content

Facebook, Twitter and TikTok face fines of up to 10% of turnover if they fail to remove and limit the spread of illegal content under laws proposed by Britain on Tuesday.

Reuters 14-12-2020

Technical indicators say these 9 growth stocks have upside in 2021, Fundstrat says

Following years of underperformance, value stocks posted a significant rebound over growth stocks in November as positive COVID-19 vaccine news led investors to begin buying the beaten down reopening trade, or stocks best poised to recover from a reopening of the economy. But despite the strong showing for value stocks last month, "growth stocks are not dead nor are they completing longer-term tops," Fundstrat's technical analyst Robert Sluymer said in a note on Tuesday.

Business Insider 01-12-2020