Notifications Bell

Reliance can't get Future's assets

Reliance can't get Future's assets

Amazon scores win in India as court freezes Future's $3.4 billion retail deal.

  • An Indian court blocked Future Group's sale of a swathe of assets to rival Reliance Industries after #Amazon raised objections to the $3.4 billion deal in a battle of the retail titans.
  • An #XRP pump-and-dump added gasoline to the fire of declines in the token. A Telegram group was responsible for the pump, but whales took advantage of the spike to offload their XRP.
  • U.S. stocks have been on a nearly nonstop rip higher since March, up roughly 70% to record heights and causing outsiders to say the market had lost touch with the pandemic's reality.

The information presented herein is prepared by and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.

Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.

Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.