Shares of Ping Identity jump 25% in U.S. market debut
Shares of Ping Identity Holding Corp jumped 25% in their market debut on Thursday, giving the identity software company a market value of about $1.46 billion.
Huawei talks up own apps with Mate 30 challenge to Apple, Samsung
Huawei [HWT.UL] unveiled its new smartphones to challenge Apple’s iPhone 11 on Thursday, talking up slick design and best-in-class features while playing down concerns about the lack of access to Google’s popular apps.
Electric vehicle startup Rivian gets a jolt from big Amazon.com van order
Electric vehicle startup Rivian Automotive LLC got a big boost from one of its investors on Thursday when Amazon.com announced it was ordering 100,000 electric delivery vans.
Upbeat data suggest U.S. economy still on moderate growth path
The number of Americans filing applications for unemployment benefits increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace.
Exclusive: France’s CNP and Brazil’s Caixa close to reaching $1.7 billion insurance deal – sources
France’s CNP Assurances SA is close to reaching a deal worth 7 billion reais ($1.7 billion) with Brazil’s state-owned lender Caixa Economica Federal [CEF.UL] to sell insurance in the bank’s more than 3,000 branches, two sources with knowledge of the m…
Military strike against Iran would result in ‘all-out war’: Zarif
Any U.S. or Saudi military strike against Iran would bring “all-out war”, Tehran said on Thursday, keeping up a drumbeat of warnings to its adversaries after they accused the Islamic Republic of a strike on Saudi oil facilities.
Facebook CEO Zuckerberg, under fire, seeks to mend fences in Washington
Facebook CEO Mark Zuckerberg is meeting with lawmakers on Capitol Hill for a second day on Thursday as part of an effort by the social media giant to mend its reputation as it faces a slew of government investigations.
Airbnb plans stock market splash in 2020
In a short statement posted on its website on Thursday, Airbnb did not give any details on how it plans to list its shares, although it is widely expected to take a direct-listing route.
Activist investor Peltz says GE CEO Culp is doing a good job
Lawrence Culp has held the top job at General Electric for nearly one year and on Thursday one of the industrial conglomerate’s biggest shareholders, activist investor Nelson Peltz, gave him a shout-out for being “fantastic.”
‘Show me the money’; dollar-hungry businesses squeezed in Lebanon
Cars line up to fill their tanks but the worker at the gas station in Lebanon’s capital city waves them off, standing by the ‘Strike!’ signs. “No fuel today,” he shouts.
