Full List Of Stories
Netflix to spend $500m on South Korean content in 2021
Netflix announced on Thursday that it would spend $500m developing South Korean content this year.
Thursday broker round-up
JD Wetherspoons: Peel Hunt downgrades to reduce with a target price of 1,150p.
Review calls on government to reform listings to help UK fintech thrive post-Brexit
A government-commissioned review called on the UK government to reform listings rules and visa applications to help fintech thrive.
Norwegian Air cancels remaining 88 jets in Airbus order
Norwegian Air cancelled all the 88 narrow-body jets that remained on order from Airbus, a spokesman for the company said on Friday.
US carries out air strikes in Syria
President Joe Biden on Thursday ordered a US military air strike in eastern Syria against facilities that are backed by Iranian militia.
Cellular Goods stock surges 310% in early trading
Shares in cannabinoid company Cellular Goods, started trading on a high on Friday in its launch on the London Stock Exchange.
Friday broker round-up
Reckitt Benckiser: Credit Suisse reiterates outperform with a target price of 7,800p.
More women furloughed than men in pandemic crisis
Provisional Treasury figures estimated that more women were furloughed due to the pandemic crisis than men out of the total 4. 7m on the scheme.
Plant-based food startup Next Gen raises $10m in funding round
Singapore’s plant-based food startup Next Gen just raised $10m in a seed funding round from investors.
Tesla temporarily halts production of Model 3 in California plant
Tesla told workers it would temporarily halt production of its Model 3 in its plant in California, Bloomberg reported on Thursday.
Daimler Trucks claims zero-emission vehicles will lead to mass layoffs
A shift to zero-emission vehicles will lead to thousands of job losses at Daimler Trucks plants by 2033, said chairman Martin Daum on Thursday.
ExxonMobil to sell UK assets to HitecVision in $1bn deal
ExxonMobil announced on Wednesday it would sell its non-operating interest in its UK and North Sea exploration and production assets to private-equity fund HitecVision in a deal worth over $1bn.
Biden to sign executive order to address global semiconductor chip shortage
President Joe Biden is set to sign an executive order on Wednesday to address a global semiconductor chip shortage that has automakers around the world, including those in the US, forced to cut production.
MicroStrategy buys over $1bn worth of bitcoin
MicroStrategy announced on Wednesday the purchase of just over $1bn worth of additional bitcoin.
Joby to go public in $6.6bn merger with blank-check firm
Joby Aviation, the 12-year-old electric air taxi startup will go public in a $6. 6bn reverse merger with blank check company Reinvent Technology Partners.
BBVA considers cutting 3,000 jobs from Spanish workforce
Spain's BBVA is considering cutting around 3,000 jobs in the country, reported Expansión on Wednesday.
SpaceX raises $850m in fresh funding round
SpaceX’s new $850m in fresh funding was confirmed in a Securities and Exchange Commission report filed on Wednesday.
EU Commission asks six member states to ease Covid-19 border restrictions
The European Commission asked six member states on Tuesday to curb their Covid-19 restrictions regarding borders and international travel.