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Company news in brief

WeBuyCars raises nearly R1bn ahead of listingSouth Africa's WeBuyCars and Transaction Capital have raised R902.7 million in capital, they said on Tuesday, ahead of the seller and...

Africa-webuycars , South-africa , Transaction-capital , Company , News , In , Brief ,

Braun Bostich & Associates Inc. Invests $242,000 in Eli Lilly and Company (NYSE:LLY)

Braun Bostich & Associates Inc. purchased a new stake in shares of Eli Lilly and Company (NYSE:LLY – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 416 shares of the company’s stock, valued at approximately $242,000. Several other […]

United-states , America , Eli-lilly , Norges-bank , Exchange-commission , International-assets-investment-management , Morgan-stanley , Cantor-fitzgerald , Company-profile , Vanguard-group-inc , Company-trading-down , Securities-exchange-commission

Kakao becomes first Korean company to join global open-source AI Alliance

Kakao said Friday it has joined a global consortium that promotes open-source artificial intelligence (AI) research and development, becoming the first Korean corporate member of the initiative.

Sampyeong-dong , Kyonggi-do , South-korea , Gyeonggi , Kim-kyung-hoon , Ai-alliance , Ibm , Gyeonggi-province , Business , Kakao , Company

One in 10 electric blankets failing thermal image inspection, testing company warns

An electrical testing company owner says about 10 per cent of electric blankets brought to him for checks are failing thermal inspections. MegaTest’s Kevin...

Wellington , New-zealand-general- , New-zealand , Adrian-nacey , Megatest-kevin-johnson , Ann-davies-mcallister , Kevin-johnson , Davies-mcallister , One , In , 10

Genesee Capital Advisors LLC Makes New Investment in Eli Lilly and Company (NYSE:LLY)

Genesee Capital Advisors LLC bought a new stake in shares of Eli Lilly and Company (NYSE:LLY – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 428 shares of the company’s stock, valued at approximately $250,000. Other large investors also recently modified […]

Washington , United-states , Eli-lilly , Company-price-performance , Company-profile , Morgan-stanley , Armstrong-fleming-moore-inc , Lilly-endowment-inc , Dz-bank , Erste-group-bank , Clear-harbor-asset-management , Genesee-capital-advisors

Coupang to increase membership fees by 58%

Coupang has decided to raise the price of its Wow paid membership service to 7,890 won ($5.74) per month, up 58 percent from the current 4,990 won, in an effort to improve profitability, but the abrupt price hike announcement has drawn criticism from users who think it is excessive, according to industry officials, Friday.

South-korea , China , Chinese , Korea , Baek-byung-yeul , Netflix , Disney , Coupang-play , Coupang-eats , Youtube-premium , Statistics-korea

Why this money manager is buying Intact and selling Choice Properties REIT

Kevin Burkett of Burkett Asset Management Ltd. prefers investing in public markets, noting private and alternative assets are often more expensive and complex, ‘which doesn’t always translate into higher returns.’

Ireland , Canada , United-states , United-kingdom , Canadian , America , British , Kevin-burkett , Trane-technologies , Choice-properties , Intact-financial-corp , Ashtead-group

Friday's analyst upgrades and downgrades - The Globe and Mail

Inside the Market’s roundup of some of today’s key analyst actions

United-states , Australia , Strathcona , Alberta , Canada , Vancouver , British-columbia , Japan , Prince-rupert , United-kingdom , Canadian , Cowen-andrew-charles

Apple loses bid to throw out British lawsuit over app store fees

The case alleges Apple charged third-party developers unfair commissions of up to 30% on purchases of apps or other content

London , City-of , United-kingdom , Daniel-piccinin , Andrew-lenon , Sean-ennis , App-store-do , United-kingdom-app , Log-increate-free , App-store , Competition-appeal-tribunal , United-kingdom-based

Powder factory, built together with Rheinmetall company, one of most efficient, worldwide

The powder factory that will be built in Romania, as part of a project with the German group Rheinmetall, will be, from the point of view of…

Paris , France-general- , France , Romania , Ukraine , Versailles , Îe-de-france , Targu-mures , Mures , Cugir , Romania-general- , Romanian