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Month: June 2022

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Rimac raises $537 million in new funding round, CEO talks potential IPO By Reuters

June 1, 2022 admin 0

© Reuters. BERLIN (Reuters) – Rimac has raised 500 million euros ($537 million) in a new funding round, it said on Wednesday, but the Croatian carmaker’s chief executive cautioned sales would have to be twice […]

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Mapmaker TomTom to cut 10% of jobs due to improved automation By Reuters

June 1, 2022 admin 0

© Reuters. TomTom logo and camera are seen on a vehicle in Eindhoven, Netherlands, November 21, 2019. REUTERS/Eva Plevier/File Photo (Reuters) – TomTom will shed around a tenth of its global workforce, the Dutch navigation […]

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Swiss watchdog extends protective Sberbank transaction ban By Reuters

June 1, 2022 admin 0

© Reuters. The logo is on display in an office of Sberbank in Saint Petersburg, Russia April 19, 2022. REUTERS/File Photo ZURICH (Reuters) – Swiss financial market supervisor FINMA on Wednesday extended through August a […]

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Fixed Income Portfolio Update: 5.5% Yield With Minimal Risk

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