Category: Business & Finance

Second Vote Of No Confidence As May’s Brexit Deal Crushed By Biggest Government Defeat In History

Theresa May’s defeat of 230 votes against her withdrawal agreement is the largest defeat in modern history.Getty Images British Prime Minister Theresa May is set to face another vote of no confidence after being unable to pass her Brexit withdrawal agreement in Parliament, suffering a devastating defeat in the House of Commons. Labour party leader […]

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Walgreens and Microsoft partner to develop digital healthcare services

(Reuters) – Drugstore chain Walgreens Boots Alliance Inc and Microsoft Corp said on Tuesday they have entered a seven-year agreement to research and develop new methods of delivering healthcare services through digital devices. As a part of the deal, the companies will focus on virtually connecting people with Walgreens stores and provide services on therapeutic […]

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UnitedHealth says performing better than first-quarter consensus estimate suggests

NEW YORK (Reuters) – UnitedHealth Group Inc (UNH.N) is performing better in 2019 than suggested by the Wall Street analyst consensus for first-quarter adjusted earnings, Chief Financial Officer John Rex said on Tuesday during a conference call with investors. The average analyst estimate for first-quarter earnings is $3.48 per share. For 2019, analysts expect full-year […]

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Factbox: Corporate investments in EV startups

(Reuters) – Corporations across a variety of industries – auto, energy, electronics, aerospace, telecom – have invested in startup companies engaged in various aspects of automotive electrification, including batteries, charging devices and complete vehicles. Here is a short list of prominent non-automotive corporate investors and the electrification startups they have funded: Intel Corp (technology): Prieto, […]

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With A $2.7 Billion Valuation, N26 Overtakes Revolut As Europe’s Most Valuable Mobile Bank

N26 CEO and cofounder Valentin Stalf.Getty Images for TechCrunch Digital bank N26 has eclipsed Revolut’s meteoric $1.7 billion valuation with its own $300 million fundraise today that slaps a $2.7 billion price tag on the German bank. With 2.3 million users across Europe—fewer than Revolut’s claimed 3 million—N26 says the funding will supercharge its plan […]

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U.S. Fed may be open to changes to balance sheet plan, minutes show

SAN FRANCISCO (Reuters) – Federal Reserve policymakers have indicated they may be open to tweaking a longstanding plan to shrink the central bank’s balance sheet, including by shedding housing-backed bonds earlier than anticipated or keeping a bigger-than-expected portfolio of assets. Those were among a range of options discussed at the Fed’s December meeting, minutes released […]

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