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Search resuls for: "STC"


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Merck shares added 1.9% in premarket trading as of 7:31 a.m. The shares rose 6% in premarket trading as of 7:31 a.m. The shares were volatile in premarket trading and slightly lower as of 7:31 a.m. Regeneron rose 4% in premarket trading as of 7:31 a.m. Pfizer (PFE) – Pfizer's Covid-19 vaccine could receive U.K. approval this week, according to a report by the Telegraph news site.
Persons: – Merck, Korn Ferry, – Regeneron, Regeneron, Pfizer's, BioNTech, – Needham, , Patrick Ky, WU, Eli Lilly, – Lilly, Locker, Piper Sandler, Piper, Foot, WestJet, Blackstone, Kellogg Organizations: Merck, Revenue, AstraZeneca, Oxford University, Regeneron Pharmaceuticals, Food and Drug Administration, Pfizer, Telegraph, FDA, Boeing, European Union Safety Agency, Paris Air Forum, Federal Aviation Administration, Western Union, Saudi Arabia's STC Group, Delta Air Lines, DAL, U.S, New, LaGuardia, Blackstone, Bloomberg, , Suisse Locations: Canada, Asia
Veteran diplomat and longtime Joe Biden foreign policy advisor Antony Blinken is the president-elect's top choice to serve as secretary of State , multiple sources told NBC News. Incoming White House chief of staff Ron Klain said Sunday that Biden will begin announcing his Cabinet picks on Tuesday. The approval comes after the FDA announced on Nov. 9 emergency use authorization for Eli Lilly's antibody treatment. The treatment was shown to reduce the risk of respiratory failure or death by more than 50% in patients hospitalized with Covid and requiring oxygen. Boeing's (BA) 737 Max jet is safe to fly, according to European Union Safety Agency Executive Director Patrick Ky.
Persons: Joe Biden, Antony Blinken, Ron Klain, Biden, Eli, Korn, Korn Ferry, Patrick Ky, Needham, Locker, Piper Sandler, Piper, Foot, Canada's WestJet, WU Organizations: NBC News, White House, Sunday, Drug Administration, Trump, FDA, CNBC, Merck, Consulting, Revenue, European Union Safety Agency, Paris Air Forum, FAA, Delta Air Lines, DAL, U.S, New, LaGuardia, Western Union, Saudi Arabia's STC, Blackstone, Bloomberg Locations: Asia
Saudi Arabia's STC Pay plans to expand its financial services offering across the Gulf region, after achieving a billion-dollar "unicorn" valuation on the back of a deal with Western Union. "We are very proud of becoming the first unicorn in the Kingdom and the first fintech unicorn in the Middle East," STC Pay CEO Ahmed Alenazi told CNBC in an exclusive interview on Monday. STC Pay is the digital payment arm of Saudi Arabia's STC Group, the largest telco operator in the Kingdom. STC Pay is now in talks with Gulf regulators to seek approval to operate in the United Arab Emirates, Kuwait and Bahrain, subject to regulatory approvals. "This is where we want to change the way people look at financial services," Alenazi said.
Persons: Ahmed Alenazi, Alenazi Organizations: Saudi Arabia's, Western Union, STC, CNBC, Saudi Arabia's STC Group, United Arab Locations: Kingdom, Saudi Arabia, Western, United Arab Emirates, Kuwait, Bahrain
FILE PHOTO: A man sits on a chair next to Western Union currency exchange office in Prague, Czech Republic, September 8, 2017. REUTERS/David W Cerny/File PhotoDUBAI (Reuters) - Western Union, the world’s largest money transfer firm, has acquired a 15% stake in the digital payment unit of Saudi Arabia’s STC Group for $200 million. He said the deal created the first “Saudi unicorn and the first fintech unicorn in the Middle East”. Reducing dependence on cash is part of Saudi government efforts to modernise the economy of the world’s largest oil exporter. STC said its stc pay unit is the first licensed fintech company by the Saudi Arabian Monetary Authority, the Saudi central bank, and has more than 4.5 million users.
Persons: David W Cerny, Mohammed bin Khalid Abdullah Al Faisal Organizations: Western Union, REUTERS, DUBAI, Reuters, Saudi Arabia’s, stc, STC, Unicorns, Saudi Arabian Monetary Authority Locations: Prague, Czech Republic, Western, Saudi
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