Convoy, the digital freight network that connects truckers with shippers, has raised $400 million in a Series D funding round as it aims to scale its business amid an increasingly competitive market. The funding round brings Convoy’s post-money valuation to …
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RBC Capital sees Facebook’s stock climbing more than 40% in the year ahead, especially now that the technology giant unveiled a cross-platform payments service that can unlock “impulse shopping” on social media. Facebook announced its new Facebook …
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Mortgage rates are turning higher again, and that was likely behind a major surge in mortgage application volume last week. This often happens at the start of a rising rate cycle, as borrowers realize rates may have hit bottom and rush to get in before they …
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(Ahmed Jadallah/Reuters) The state-owned oil giant’s intent to go public is deeply problematic for the West, the United States, and the global economy. On November 9, the Kingdom of Saudi Arabia’s state-owned oil company, Saudi Aramco, released a …
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NEW DELHI : No-frill carrier SpiceJet Ltd on Wednesday reported its first quarterly loss during the current fiscal, on back of higher costs during the seasonally weak quarter. The losses would have been higher if the airline didn’t make a provision for …
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