Nasdaq News

Naomi Osaka said she has pulled out of the semi-finals of the Southern & Western Open tennis tournament in protest at racial injustice.

United Company Rusal has decided to pull out of an aluminium trading joint venture in southern China, partly due to concerns over the low volumes it has been selling, three sources with knowledge of the matter said.

Oil prices were mixed in early trade on Thursday even as oil rigs and refineries shut ahead of a massive storm in the Gulf of Mexico racing towards Texas and Louisiana, with slim worries about the impact on supply as oil stockpiles remain high.

Abbott Laboratories said on Wednesday it won U.S. marketing authorization for a COVID-19 portable antigen test that can deliver results within 15 minutes and will sell for $5.

The S&P 500 Index (SNPINDEX: ^GSPC) gained 35 points, a solid 1%, on Aug. 26, setting another all-time high, driven upwards by huge gains from tech giants Salesforce.com (NYSE: CRM), Netflix (NASDAQ: NFLX), Adobe (NASDAQ: ADBE), and Facebook (NASDAQ: FB). 

Burgundy Technology Acquisition, a blank check company formed by the former CEO of HP and a former Citi executive targeting the tech industry, raised $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exerc

Image source: The Motley Fool.

A group of more than 2,000 online sellers has filed an antitrust case against Amazon in India, alleging the U.S. company favours some retailers whose online discounts drive independent vendors out of business, a legal filing seen by Reuters showed.

China's Alibaba Group has put on hold plans to invest in Indian companies, two sources aware of the plans told Reuters, amid souring business relations and rising political tension between the two nations after a clash on their Himalayan border.

Argentina posted a record daily rise of 10,550 confirmed COVID-19 cases on Wednesday, the health ministry said, taking the total caseload to 370,188 as the South American nation struggles to rein in the spread of infections while trying to ease open its crisis-hit economy.

What happened Shares of Facebook (NASDAQ: FB) jumped 8.2% to a new closing high of $303.91 on Wednesday, after analysts helped to focus investors' attention on the digital ad titan's massive growth opportunity in e-commerce. 

U.S. oil company Harvest Natural Resources has dropped a lawsuit against former Venezuelan oil minister Rafael Ramirez for allegedly demanding bribes to approve the company's sale of its Venezuelan assets, a U.S. court document showed on Wednesday.

What happened Shares of salesforce.com (NYSE: CRM) rocketed 26% to a record high of $272.32 on Wednesday, following the release of the cloud computing leader's outstanding fiscal 2021 second-quarter results. 

Abbott Laboratories said on Wednesday it won U.S. marketing approval for a COVID-19 portable test that can deliver results within 15 minutes.

The U.S. Securities and Exchange Commission said on Wednesday it approved a proposal by the New York Stock Exchange to allow companies to raise capital through direct listings.

Britain's services firms haemorrhaged jobs in the three months to August, a survey showed in the latest sign of mounting unemployment as the government's coronavirus job protection scheme is wound down.

Brazil's Petroleo Brasileiro SA is set to receive binding offers on Thursday for its Presidente Getulio Vargas refinery, with local firms Raizen and Ultrapar Participacoes SA among the likely bidders, sources familiar with the matter said.

Australia's biggest supermarket operator Woolworths Group Ltd reported an 8.4% fall in annual profit on Thursday, as the closure of its hotels and pubs due to COVID-19 restrictions offset a strong performance at its supermarkets division.

FG New America Acquisition, a blank check company led by Joseph Moglia targeting the insurtech and fintech industries, filed on Wednesday with the SEC to raise up to $225 million in an initial public offering. The Itasca, IL-based company plans to raise $225 million by offering 2

Novak Djokovic cruised past Germany's Jan-Lennard Struff 6-3 6-1 on Wednesday to reach a record-equalling eighth Western & Southern Open semi-final where he will face Spaniard Roberto Bautista Agut.