Business News

(Reuters) — Exabeam, a Silicon Valley startup that helps companies automate the analysis and monitoring of their cybersecurity data, on Tuesday said it raised $200 million in its latest round of funding which valued the company at $2.4 billion. While venture capital investment in cybersecurity has …

(Reuters) —  Coinbase Global Inc launched a tie-up with Apple and Alphabet Inc’s Google on Tuesday that will allow users to add cards from their accounts to the payment apps run by the two tech giants. The Coinbase card added to the wallets can be used to buy everyday goods with digital curre…

LONDON/TOKYO (Reuters) — Factory activity powered ahead in Europe last month and stayed strong in Asia as demand grew, surveys showed, but rising raw material costs and supply bottlenecks posed a headache for business and weighed on the recovery in export-driven economies. European manufacturers ra…

LONDON (Reuters) — Oil prices firmed on Monday, with Brent trading near $70 a barrel, underpinned by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to the OPEC+ meeting this week to see how producers will respond. Brent crude futures rose 69 cents, or 1%…

PARIS (Reuters) — The global economic outlook is improving as vaccine rollouts allow businesses to resume operations and as the United States pumps trillions of dollars into the world’s largest economy, the OECD said on Monday, nudging its forecasts higher. The global economy is set to grow 5…

(Press Release) —  BankGuam Holding Company’s board of directors has declared a quarterly cash dividend of $0.10 per share for the holders of its common stock and a dividend payment to the holders of the company’s 5.5% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series A.  The dividends…

XIAN, China (Reuters) — The Biden administration is unlikely to remove tariffs on Chinese goods in the short term, but China and the United States might find a middle ground by increasing tariff exclusions as a way to reduce tensions, a Chinese think-tank said. With even free trade advocates in the…

(Reuters) — Bitcoin dipped 5.16% to $33,849.47 at 18:00 GMT on Saturday, losing $1,842.99 from its previous close. Ether, the coin linked to the ethereum blockchain network, dropped 6.26% to $2,262.06 on Saturday, losing $151.11 from its previous close. Bitcoin, the world’s biggest and best-k…

WASHINGTON (Reuters) — U.S. consumer prices surged in April, with a measure of underlying inflation blowing past the Federal Reserve’s 2% target and posting its largest annual gain since 1992, because of pent-up demand and supply constraints as the economy reopens. The strong inflation readin…

WASHINGTON (Reuters) — The number of Americans filing new claims for unemployment benefits dropped more than expected last week as layoffs subsided, with companies desperate for workers to meet surging demand unleashed by a rapidly reopening economy. The economy, which in the first quarter notched …