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Employee-rewards company Awardco secures $1 billion valuation after latest funding round
May 20 (Reuters) - Employee-rewards platform Awardco said on Tuesday it has raised $165 million in a funding round led by investment firms Sixth Street Growth and Spectrum Equity, pushing its valuation to more than $1 billion.Existing investors General Catalyst and Qualtrics' co-founder Ryan Smi...Reuters
Tue, May 20
Barclays hires former UBS banker as global co-head of capital markets
LONDON, May 20 (Reuters) - Barclays BARC.L has hired former UBS banker Marc Warm as its global co-head of capital markets, the British bank said on Tuesday, as it tries to expand its business to compete with Wall Street rivals.Warm will be based in New York, and expands the co-head structure to thre...Reuters
Tue, May 20
India's Leela-hotels owner Schloss slashes IPO size by 30%
May 20 (Reuters) - India's Leela-hotels owner Schloss Bangalore slashed its IPO size by 30% to 35 billion rupees ($409 million), its prospectus showed on Tuesday.Brookfield-backed BAM.TO Schloss, which initially planned a 50 billion-rupees initial public offering, will run the issue from May 26-...Reuters
Tue, May 20
Spike Lee and Denzel Washington back together after 18 years in Cannes film
Spike Lee, Denzel Washington collaborate on 'Highest 2 Lowest'Adaptation of 1963 Japanese film 'High and Low' Lee unsure about impact of Trump's tariffs on film productionBy Miranda Murray CANNES, France, May 20 (Reuters) - Spike Lee recalled on Tuesday how he and Denzel Washi...Reuters
Tue, May 20
Google to unveil AI upgrades at I/O conference amid search challenges
MOUNTAIN VIEW, California, May 20 (Reuters) - Alphabet's GOOGL.O Google kicks off its annual developer conference on Tuesday with a flurry of announcements showcasing its huge investment in artificial intelligence, while seeking to fend off concerns over the future of its business.
Reuters
Tue, May 20
US singer Chris Brown to re-apply for bail after UK assault charge
LONDON, May 20 (Reuters) - U.S. singer Chris Brown will again apply for bail on Wednesday, after an English court remanded him into custody over a serious assault charge and threw his upcoming world tour into doubt.Brown has been charged with inflicting grievous bodily harm in what prosecutors said ...Reuters
Tue, May 20
BioNTech plans up to $1.33 billion investment in the United Kingdom
May 20 (Reuters) - German vaccine maker BioNTech 22UAy.DE said on Tuesday that it plans to invest up to 1 billion pounds ($1.33 billion) over the next ten years to broaden its research and development activities in the United Kingdom. ($1 = 0.7499 pounds)Reuters
Tue, May 20
Robert F. Kennedy Jr calls WHO 'moribund', urges others to quit
By Emma Farge GENEVA, May 20 (Reuters) - U.S. Health and Human Services Secretary Robert F. Kennedy Jr. dismissed the World Health Organization as bloated and "moribund" in a video shown to global health officials meeting on Tuesday for the body's annual assembly in Geneva.The U.N. ag...Reuters
Tue, May 20
