Latest Market News

Oct 18
Web3 infrastructure firm ChainSafe raises $18.75M as attention shifts to GameFi

The Canadian company is focused on multi-chain R&D and blockchain gaming, which is a growing industry that’s expected to achieve multi-billion-dollar valuations. 1062 Total views 34 Total shares Canadian Web3 infrastructure company ChainSafe has closed an $18.75 million funding round that was backed by prominent industry venture firms, putting the company on track to expand […]

Oct 18
Vir begins dosing participants in Phase 2 clinical trial for new type of flu shot

Vir Biotechnology Inc. VIR, +4.50% said Tuesday that it began dosing participants in a Phase 2 clinical trial evaluating its experimental monoclonal antibody to prevent illness from influenza A. The investigational therapy is an intramuscular dose that has been designed to prevent seasonal flu and influenza A, which has previously caused flu pandemics, including the […]

Oct 18
Coronavirus tally: Trump aides blocked health officials from providing accurate information to Americans, report finds

Trump administration aides “usurped control of CDC communications and blocked public health officials from providing accurate information about the coronavirus to the American people,” the House Select Subcommittee on the Coronavirus Crisis, led by Democratic Rep. Jim Clyburn, said in a report released Monday, as CNN reported. In its third investigation into the government response […]

Oct 18
The Australian dollar is trying to rise. Overview for 18.10.2022

The Australian dollar remains in a weak position against the US dollar, although it is trying to bounce back. The current quote in the AUDUSD is 0.6308. Relations with China are coming to the fore for Australia. The Prime Minister said today that Australia should cooperate with China wherever possible. China has cancelled its planned […]

Oct 18
The Pound’s rise has come to a halt. Overview for 18.10.2022

The British pound sterling has stabilised against the US dollar. The current quote in GBPUSD is 1.1343. The political news stream in the UK is brimming with events and emotions, but at the moment the pound is “not paying attention”. The “focus” is the Bank of England and what is happening with it: investors are […]

Oct 18
Intel’s Mobileye sets IPO terms, which could value the company at up to $15.9 billion

Intel Corp.’s INTC, +1.97% Mobileye Global Inc. has set terms for its initial public offering, in which the advanced driver assistance systems (ADAS) and autonomous driving technologies company looks to raise up to $820 million and be valued at up to $15.93 billion. Mobileye plans to offering 41.0 million Class A shares in the IPO, […]