The McAfee logo is displayed at the Mobile World Congress in Barcelona on Feb. 25, 2019. (Agence France-Presse/Getty Images) McAfee Corp. plans to return to the public markets after nearly a decade as a private company, but the security-software company is re-emerging as a structured entity that would take a …
Read More »Economic Report: U.K. unemployment rate reaches higher-than-expected 4.5%
Members of the public walk past the Cineworld cinema in Leicester Square on October 05, 2020 in London, England. Dan Kitwood/Getty Images The U.K. jobless rate jumped to 4.5% in the June to August period, the Office for National Statistics reported on Tuesday. The unemployment rate was higher than the …
Read More »Economic Report: U.S. wholesale inventories climb 0.4% in August
Automakers and other companies are rebuilding their inventories again as sales pick up. jeff kowalsky/Agence France-Presse/Getty Images U.S. wholesale inventories rose by 0.4% in August as companies began to stock up again to replace dwindling supplies. Inventories of durable goods, such as autos and lumber, increased by 0.6%. Stockpiles of …
Read More »Economic Report: U.K. economy records slowest GDP rise since pandemic
People walk through a crowded shopping street in Birmingham, central England on August 22, 2020. justin tallis/Agence France-Presse/Getty Images The U.K. economy grew 2.1% in August, according to data released Friday that showed the slowest monthly gain since the initial lockdowns. The gain in gross domestic product leaves the U.K. …
Read More »Economic Report: Consumer sentiment hits a six-month high in September for best reading since COVID-19 erupted
Americans grew more optimistic toward the end of September as consumer sentiment reached a six-month high, reflecting more confidence in the U..S. economy after a summer lull. The final consumer sentiment survey in September climbed to 80.4 from a preliminary reading of 78.9, the University of Michigan said Friday. It …
Read More »IPO Report: McAfee files for return to public markets
The McAfee logo is displayed at the Mobile World Congress in Barcelona in February 2019. AFP/Getty Images McAfee Corp. is seeking a return to being a public company, according to a filing with the Securities and Exchange Commission late Monday. McAfee registered to raise up to $ 100 million, although …
Read More »IPO Report: Ant Group IPO: Five things to know about the Alibaba affiliate aiming for the largest offering in history
Jack Ma “has ultimate control over our Company,” Ant Group said in a filing as it plans to go public. AFP via Getty Images Ant Group could be headed for the largest initial public offering in history, as the Chinese financial-technology juggernaut chases a valuation that would rival the biggest …
Read More »Economic Report: U.K. retail sales rise for a fourth straight month
A shopper wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, walks in an empty Covent Garden in London on June 15, 2020 as some nonessential retailers reopen from their coronavirus shutdown. tolga akmen/Agence France-Presse/Getty Images U.K. retail sales logged a fourth …
Read More »Economic Report: U.K. employment picture worsens in August as payrolls fall, unemployment rate increases
Workers wear NHS Test and Trace branded Hi-Vis jackets as they work at a COVID-19 testing centre in Bolton, northern England on September 9, 2020, as local lockdown restrictions are put in place due to a spike in cases of the novel coronavirus in the city. oli scarff/Agence France-Presse/Getty Images …
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