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News Highlights: Top company news on 4/16

Moomoo News ·  Apr 16, 2021 08:37  · Headline

An Australian court found that Alphabet's Google misled some consumers about personal-location data collected through Android mobile devices, the country's competition regulator said.

Tencent Holdings Ltd. plans to raise a total of $4.15 billion through debt issuance, and will use the proceeds to meet general corporate needs.

The company raised $1.08 billion in an IPO Thursday that came as the U.S. is investigating the startup's ties to China.

That $440 million took a detour, complicating Credit Suisse's efforts to recover money owed to investors after Greensill collapsed into bankruptcy.

A gunman shot people at a FedEx facility in Indianapolis before killing himself, the city's police said.

The New York bank said it would exit its consumer operations in 13 countries, mostly across Asia, to focus on wealth management and other businesses.

Chinese electric-vehicle startup XPeng Inc. is poised to expand its sales network by partnering with Zhongsheng Group Holdings Ltd., a major car dealer in the country.

Source: Dow Jones Newswires

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