International News
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.
US close: Stocks come off highs as bond yields rise further
Wall Street stocks finished in negative territory on Thursday, with the Dow Jones easing off highs after registering another record close.
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.
Coinbase files for direct listing on Nasdaq
San Francisco-based digital currency exchange Coinbase has filed to list directly on the Nasdaq.
Merck to buy Pandion Therapeutics for $1.85bn
Merck has agreed to buy clinical-stage biotechnology company Pandion Therapeutics for $1. 85bn.
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.
US weekly jobless claims drop below 800,000
US jobless claims in the week ended 20 February came in shy of economists' forecasts on Thursday, according to the Department of Labor.
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.
US pre-open: Stocks mixed ahead of jobless claims data, GDP estimate
Wall Street stocks were mostly lower ahead of the bell on Thursday, with the Dow Jones looking set to ease off after registering another record close.