Noor Zainab Hussain

DoorDash aims to double valuation in much-awaited IPO

30 Nov 2020

DoorDash Inc said on Monday it is aiming to raise up to $2.8 billion in an initial public offering (IPO), which could double the value of the U.S. food delivery startup and be one of 2020's largest public market debuts.

Catch-all travel insurance booms as U.S. flyers take Thanksgiving risks

25 Nov 2020

U.S. websites have seen a surge in travelers seeking expensive ironclad insurance this Thanksgiving, as Americans desperate to break the monotony of a year spent at home look to cover themselves against coronavirus-related risks. | Video

Sixth Street-backed AvePoint to go public via $2 billion merger

24 Nov 2020

AvePoint Inc, a cloud data management company backed by investment firm Sixth Street, will go public via a merger with blank-check company Apex Technology Acquisition Corp, in a deal valued at $2 billion, the companies said.

Perfect Diary parent's shares soar in U.S. debut

19 Nov 2020

Shares of Yatsen Holding Ltd , the parent company of China-based beauty unicorn Perfect Diary, jumped 66% in their U.S. market debut on Thursday, adding to a host of blockbuster initial public offerings (IPOs) this year.

Nasdaq to buy financial fraud detection firm Verafin for $2.75 billion

19 Nov 2020

Exchange operator Nasdaq Inc said on Thursday it would buy anti-financial crime software firm Verafin for $2.75 billion in cash, significantly expanding its reach in the regulatory technology market.

Lloyd's of London sees global pandemic insurance losses above previous estimate

18 Nov 2020

Global insurance losses from the COVID-19 pandemic will be higher this year than the $107 billion Lloyd's of London had previously estimated, its Chairman Bruce Carnegie-Brown said on Wednesday.

Goldman Sachs highlights diversity in new partner class

13 Nov 2020

Goldman Sachs Group Inc has invited 60 executives to become partners as of Jan. 1, nearly half of them from diverse backgrounds, the bank said on Thursday.

World News