Global M&A volumes hit record high in 2021, breach $5 trillion for first time
Global dealmaking is set to maintain its scorching pace next year, after a historic year for merger and acquisition (M&A) activity that was fuelled largely by easy availability of cheap financing and booming stock markets.
Dollar Up, But Continues Small Moves on Last Trading Day of 2021
The dollar was up on Friday morning in Asia, continuing its small upwards moves as 2021 wraps up, The U.S. Dollar Index that tracks the greenback against a basket of other currencies.
China Dec factory activity edges up ahead of economic headwinds
China’s factory activity unexpectedly accelerated in December, but only by a slim margin, an official survey on Friday showed, with analysts foreseeing more economic headwinds in the near term and policymakers being pressured to offer support measures.
Assets in IShares ESG fund drop 91% after biggest investor reduces ownership
The iShares ESG MSCI EM Leaders ETF suffered heavy outflows this week, according to public data, leading to a tenfold drop in the assets managed by the exchange-traded fund focused on sustainable emerging-market companies.
Oil heads for biggest annual gains since 2009
Oil prices slid on Friday but were set to post their biggest annual gains in 12 years, spurred by the global economic recovery from the COVID-19 slump and producer restraint, even as infections surged to record highs around the world.
Tesla recalls almost half a million electric cars over safety issues
Tesla Inc is recalling more than 475,000 of its Model 3 and Model S electric cars to address rear-view camera and trunk issues that increase the risk of crashing, the U.S. road safety regulator said on Thursday.
The National Highway Traffic Safety Administration (NHTSA) has been discussing another camera issue with the automaker, while probing the company’s driver assistant system.
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