VC firms Parafi, 1Confirmation, Spartan Group, Nascent and Nima Capital also joined the Ethereum-based protocol’s equity round, said CEO Teddy Woodward.
early in 2020 as the pandemic crushed travel, has been trimming its bank holdings over the past year in a major shift for a portfolio that had roughly 41% of its fair value concentrated in banks, insurers and financial firms at the end of 2019.When he addresses shareholders, another potential theme could be how businesses adjust as the recovery unfolds: With vaccines rolling out, large corporations are re-examining everything from customer demand to their return-to-office plans. While he has campaigned for candidates in the past, he kept mostly mum about last year’s election.With President Joe Biden’s newly released tax plan and infrastructure proposal now making the rounds, Buffett could weigh in on their potential impact both on the economy and on Berkshire in particular.Climate Change, DiversityBerkshire is facing two shareholder proposals at the meeting this year, one about climate change and the other about diversity and inclusion.
Saudi Arabia was in discussions to sell 1% of Aramco to a leading global energy company and could sell further shares including to international investors within the next year or two, Crown Prince Mohammed bin Salman said in televised remarks on Tuesday.
It warns in the draft that it could cancel government contracts granted to firms that gain an unfair advantage from such subsidies.European officials are seeking the power to inspect companies’ offices outside of Europe, with the permission of the company and the knowledge of the foreign state, according to the draft.Regulators suggest ways that companies could allay concerns over subsidies, including granting rivals access to infrastructure, licensing on fair terms or publishing research.
China’s 2021 gold demand will see annual growth and will revert to pre-pandemic levels if there are no dramatic changes to the global economic and geo-political situation, a World Gold Council official said on Thursday.
NEW YORK -IBM said on Thursday it has agreed to acquire Turbonomic, a provider of software that helps companies monitor the performance of their business applications, the latest in a series of cloud computing acquisitions by the tech giant.
As one of Europe’s longest-serving bank CEOs, he has received plaudits for bringing Lloyds back from the brink in 2011, when in an interview this month he said it was “about to die” after having to be bailed out during the financial crisis.