Tag Archives: Launch

The first Zeekr model will be based on the “Zero Concept” car unveiled last September by Geely-owned Lynk & Co. China’s biggest carmaker Geely is launching a premium electric car brand it hopes will take on Tesla. The Chinese company, which owns Volvo and Lotus, announced its Zeekr brand on Tuesday to tap into China’s demand for electric vehicles (EVs). It comes as Elon Musk goes on the charm offensive in China praising its plans to tackle carbon emissions. The Tesla founder has seeking to allay… Source link

MADISON, Wisc., and SUNNYVALE, Calif., March 23, 2021 /PRNewswire/ — The Wisconsin Department of Workforce Development (DWD) today announced it is launching a Virtual Career Center (VCC), built on Google Cloud. The VCC will connect Wisconsinites to career services, relevant job opportunities and dramatically expand access to key resources across the state, via an innovative, data-driven, and easy-to-navigate online platform. This $2.9-million project brings together Wisconsin government… Source link

What you need to know: Yahoo Shops will be the first digital media marketplace to feature native commerce capabilities and launch with a commitment to diversity, pledging at least 15% of merchants will be Black-owned businesses Shoppable video, personalized features, and XR tools will be hallmarks of Yahoo Shops With the scale of Verizon Media’s audience and advertising platforms, Yahoo Shops offers brands a seamless connection to consumers, from discovery to transaction NEW YORK, NY – Today,… Source link

Bloomberg Deliveroo Kicks Off $2.5 Billion IPO, U.K.’s Largest in 2021 (Bloomberg) — Food-delivery startup Deliveroo Holdings Plc started taking investor orders in a share sale of as much as 1.77 billion pounds ($2.45 billion), marking the largest initial public offering in the U.K. since September.Deliveroo is selling shares at 3.90 pounds to 4.60 pounds apiece, according to a statement Monday, valuing the company at 7.6 billion pounds to 8.8 billion pounds.The offering is the biggest… Source link

Yahoo is delving deeper into e-commerce, but don’t expect a mirror image of The New York Times’ Wirecutter or New York Magazine’s The Strategist. While Yahoo already has affiliate links in much of its content, which guides customers to the likes of Amazon and Walmart to complete a sale, its new venture Yahoo Shops, set to launch later this year, will be its own marketplace managing the entire purchase journey from beginning to end. “It will be the first digital media marketplace… Source link

Bloomberg Banks Press Fed to Preserve $600 Billion in Balance-Sheet Leeway (Bloomberg) — Thanks to the pandemic, U.S. banks won a long-sought regulatory break that let them expand their balance sheets by as much as $600 billion without adhering to profit-denting safeguards. Now, firms are frantically lobbying to extend that relief before it expires at month’s end.The reprieve from what’s known as the supplementary leverage ratio — granted a year ago as Covid-19 rocked markets and the… Source link

Bloomberg As IMF Talks Bog Down, Argentine Bonds Plunge Toward 30 Cents (Bloomberg) — Six months after Argentina exited default, its new bonds have sunk to a mere 30 cents on the dollar.The depressed price is, in fairness, partly the result of the basic mechanics of the securities — they carry artificially low interest rates and a generous grace period — but it also reflects a grim reality that’s setting in on creditors: The IMF deal that the country desperately needs is a long ways… Source link

In preparation for its launch as an internet provider in West Des Moines, Google Fiber has secured a new office and retail space in Valley Junction.  Google Fiber will occupy the ground floor of the nearly complete Junction House mixed-use building at 329 Fifth St. in the historic business district, according to leasing agent R&R Realty Group. Google expects to open in October.  West Des Moines is investing nearly $40 million in a partnership with Google Fiber to bring to the city the… Source link

Bloomberg Canada’s $373 Billion Fund Chooses Safety After CEO Resigns (Bloomberg) — Mark Machin’s big mistake got him drummed out of Canada’s national pension manager in a matter of hours. It’s a turn of events that puts the fund in the hands of a former industrial scientist who has made few waves in the world of finance.John Graham was promoted to chief executive officer of the Canada Pension Plan Investment Board on Friday, putting him in charge of a $373 billion global portfolio… Source link

JPMorgan Chase and Google launched a program Tuesday to help banks owned and led by people of color increase their lending capabilities. The new initiative is dubbed “Empowering Change.” It’s designed to help banks that are majority-owned or directed by people of color provide JPMorgan-backed money market funds to large companies. Most minority depository institutions wouldn’t have the resources to service those companies otherwise. The program offers the same services… Source link