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Rocket Lab nears Merger Deal with SPAC to Go Public WSJ

March 1, 2021
Finance
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Reuters Rocket Lab USA is nearing a deal to go public through a merger with a specialpurpose acquisition company Vector Acquisition that would value the smallsatellite launch firm at 4.1 billion, including debt, the Wall Street Journal reported. The deal could be finalized on Monday, the newspaper reported, citing people familiar with the matter. Vector […]

March 1, 2021
Finance
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Gold futures headed higher Monday to start the month of March with a gain, as pause in the rise of U.S. Treasury yields prompted prices for the metal to stage a partial rebound in the wake of four consecutive session declines. Gold has found support from heavy bargain hunting as well as a pause in […]

March 1, 2021
Business
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Beyond Meat Inc said on Monday Chief Financial Officer Mark Nelson, who played a key role in the plantbased patty makers blockbuster public listing in 2019, will retire in May. The retirement was voluntary and not a result of any disagreement or on any matter relating to its operations, policies or practices, the company said. […]

March 1, 2021
Business
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In October 2020, Miamibased art collector Pablo RodriguezFraile spent almost 67,000 on a 10second video artwork that he could have watched for free online. Last week, he sold it for 6.6 million. The video by digital artist Beeple, whose real name is Mike Winkelmann, was authenticated by blockchain, which serves as a digital signature to […]

March 1, 2021
Politics
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FRANKFURT Reuters The worlds biggest central banks will happily live with higher inflation and investors now aggressively betting on a quicker end to monetary stimulus are all but certain to be proved wrong. After a decade of underestimating inflation, central bankers in the United States, Europe and Japan have every reason keep money taps open […]

March 1, 2021
Uncategorized
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Chinas rare earths, a group of 17 minerals used in military equipment and consumer electronics, are being undersold due to vicious competition domestically and face low resource utilisation, the countrys industry minister said on Monday. Prices for some rare earths in China, such as praseodymiumneodymium PrNd used in rare earth magnets have spiked to multiyear […]

March 1, 2021
Finance
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Shares in Danone rose 1.9 on Monday after the French food group said it was taking a first step toward selling its stake in its Chinese dairy partner Mengniu Dairy Company Limited, and would use the gains to buy back its own shares. We see this as a further positive step in tidying up Danones […]

March 1, 2021
Finance
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LONDON, March 1 Reuters Sterling edged higher against both the euro and the dollar on Monday as a swift coronavirus vaccine roll out supported the pound and fuelled hopes of economic recovery. After retreating from a threeyear high on Friday to fall below 1.39 amid a rout in global bond markets and concerns of inflation […]

March 1, 2021
Finance
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Rates as of 0500 GMT Market Recap Boy what a day! Ive rarely seen such huge moves in currency rates in a day recently. Its hard to say whether it was riskon or riskoff or what. The dollar, the safest safehaven, soared while the commodity currencies got hammered. In a way it was the opposite […]

March 1, 2021
Finance
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The Australian dollar and other riskier currencies recovered some lost ground against the U.S. dollar on Monday, after suffering their biggest plunges in a year at the end of last week amid a hefty selloff in global bond markets. The greenback weakened broadly early in Asia trade, but barely enough to trim its biggest surge […]

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Rocket Lab nears Merger Deal with SPAC to Go Public WSJ

Gold Aims to Snap 4Session Skid as 10Year Treasury Yields Fall

Beyond Meat CFO Mark Nelson to Retire

How 10Second Video Clip Sold for 6.6 Million

Central Banks will Happily Ignore InflationMongers

China Says Domestic Competition Hurting Rare Earth Prices

Danone Shares Rise after it Prepares to Sell Chinese Dairy Stake

Sterling Rises Supported by Britains Swift Vaccine Roll out

Sharp Movements in Yields Currencies as Central Banks Fight Back; Final Manufacturing PMIs, RBA Meeting

Risk Currencies Recover from Friday Carnage, USD Consolidates

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