FINSOC Weekly Wraps Vol.18

Jul 30, 2021 Weekly Wraps

• The NSW’s COVID-19 outbreak was declared a “national emergency”, marking the highest reported cases in more than a year.
• The Star has retreated from its $12 billion merger proposal for Crown Resorts citing uncertainty surrounding the royal commissions of the entertainment group.
• ASX 200 moves upwards steadily, increasing 0.63% this week.
• Zoom Video Communications Inc. makes deal to buy cloud-based call centre operator Five9 Inc in an all-stock deal worth $14.7 billion.
• Richard Branson and Jeff Bezos helmed the first two privately funded launches to suborbital space in the past month.