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• WeWork, an American commercial real estate company that provides flexible co-working space for start-ups along with other services, reported a loss of US$ 2.1 billion in the first quarter of 2021. weWork’s quarterly revenue fell by almost 50%, while it has lost more than 200,000 customers as per the document seen by Financial Times. • The Overhaul of Tax Regime in the US as pointed out by the Joe Biden government in April this year, proposes applying a New Tax based on sales in each country to the global profits of very largest companies. The government has updated that it will accept 15% global minimum tax on large multinational companies. • The Swedish food company Oatly Group (OTLY) made its US stock market debut on Thursday. Oatly Group (OTLY) jumped more than 22% in the afternoon session on NASDAQ. The company had raised US$1.4 billion at an offering price of US$17 per share for 84.4 million stocks on Wednesday. • Next. Red 5, an Australian Gold Producer, has lowered its production guidance for Darlot Gold mine due to labor shortages. Guidance has been lowered to 74,000 to 78,000 ounces. • Airtasker, is an Australian based listed company which helps in connecting people who need to outsource everyday tasks. The company which recently got listed on ASX in March this year, is planning to return to investors for further capital raising transaction. • Kogan, a pre-paid mobile phone service provider in Australia, has lowered its profit forecast for the 2021 financial year. #wework #oatlygroup #red5 #darlotgoldmine #kogan #airtasker #kalkinemedia To get more updates about Australia, NZ, UK & Canada stock market news, investors education & insights subscribe our channel at https://bit.ly/3cHKioy About us: Kalkine Media’s You Tube Channel is a one stop shop for all related news, updates, expert views, business insights etc. Catch ASX Daily market commentary, trending news stories for the day, market movers, stock information, top research stories, expert insights and much more only on Kalkine Media’s You Tube Channel. Check out our media Website 👉 https://kalkinemedia.com/au Follow us and stay updated on the Go with the Stock Market 👇👇 Facebook - / kalkineau Twitter - / kalkineau LinkedIN - / 4829818