Bloomberg Google’s parent firm plans to close its seven-story hub devoted to helping startups in London’s Shoreditch district and replace it with virtual services following the shift to home-working. The move comes after the pandemic showed Alphabet Inc that it could serve young firms across the country without the need for a physical space, according to a statement. Google was ...

Bloomberg Two blockbuster billion-dollar public offerings (IPOs) of tech unicorns set for later this year in Indonesia are fuelling demand for affiliated stocks, sending their shares to multiyear highs. Retailer PT Matahari Putra Prima has surged 929% this year while TV operator PT Elang Mahkota Teknologi gained 65% in the same period. Matahari is 4.7% owned by ride-hailing giant PT ...

Bloomberg Stocks and US futures were little changed on Tuesday as investors weighed prospects for economic growth against inflation worries ahead of testimony from Federal Reserve Chair Jerome Powell. Treasuries steadied after a retreat. European equities fluctuated as gains in energy shares offset a drop in technology shares, while US contracts were steady after the S&P 500 Index’s biggest jump ...