The Loans will constitute related party transactions under Multilateral Instrument 61-101 – Protection of Minority Holders in Special Transactions of MI 61-101.
This release may contain statements that are forward looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading “Risk Factors” and elsewhere in the Company’s periodic filings with Canadian securities regulators.
EU antitrust regulators are set to charge iPhone maker Apple this week with blocking rivals on its App Store following a complaint by music streaming service Spotify, a person familiar with the matter said on Tuesday.
-Google parent Alphabet Inc on Tuesday beat quarterly revenue estimates and announced a $50 billion share buyback as the recovering economy and surging use of online services combined to accelerate its advertising and cloud businesses.
Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the S&P 500 and Dow ending near flat as investors focused on wave of earnings reports from Microsoft, Alphabet and other corporate heavyweights.
The Series D funding round is structured as a $225 million investment, with another $300 million equity commitment from SoftBank available at Exscientia’s discretion.“Exscientia’s innovative use of AI to discover and design better quality drugs with greater efficiency has the potential to create important medicines faster than ever before,” SoftBank Investment Advisers’ Managing Partner Eric Chen said in the statement.The company says it has more than 20 projects in development, including two currently in clinical trials, and has partnered with firms including Bristol-Myers Squibb, Bayer AG, and Sanofi, as well as several biotech firms, Chief Financial Officer Ben Taylor said in an email.The investment is SoftBank’s latest in the U.K.
New York timeThe Nasdaq 100 fell 0.4%The Dow Jones Industrial Average was little changedThe MSCI Emerging Markets Index was little changedCurrenciesThe Bloomberg Dollar Spot Index rose 0.2%The euro was little changed at $1.2089The British pound was little changed at $1.3906The Japanese yen fell 0.6% to 108.74 per dollarBondsThe yield on 10-year Treasuries advanced six basis points to 1.62%Germany’s 10-year yield was little changed at -0.25%Britain’s 10-year yield advanced two basis points to 0.77%CommoditiesWest Texas Intermediate crude rose 2.1% to $63 a barrelGold futures fell 0.3% to $1,776 an ounceFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
NEW YORK -Oil prices edged higher on Tuesday as OPEC, Russia and their allies agreed to stick to plans to raise output slightly from May 1, suggesting they don’t see a lasting impact on demand from India’s coronavirus crisis.
If you’ve claimed your Social Security retirement benefits and continue working or return to work before you reach your full retirement age , you need to be aware of the earnings test.
Retirement Tip of the Week: Don’t worry about having a concrete number to attain for your retirement savings, at least when you have a few decades to go, but do think carefully about the factors that will eventually dictate how much you need in retirement.