By Victoria Waldersee and Emma-Victoria Farr
FRANKFURT (Reuters) - Porsche AG made its debut on the stock market on Thursday, with a price tag of about 75 billion euros ($72.45 billion) after Volkswagen (ETR:VOWG_p) priced shares at the top end of the range, braving turbulent market conditions.
The bumper flotation, expected...
Investing.com – Japan stocks were higher after the close on Thursday, as gains in the Pharmaceutical Industry, Power and Paper & Pulp sectors led shares higher.
At the close in Tokyo, the Nikkei 225 gained 0.95%.
The best performers of the session on the Nikkei 225 were Eisai Co., Ltd. (TYO:4523), which rose 13.56% or 920.00 points to trade at 7,704.00 at...
By Allison Lampert
(Reuters) -The union for Sunwing Airlines pilots said it is urging Canada's government to stop a plan by the Ontario-based leisure carrier to hire foreign pilots this winter to help cope with an expected holiday travel surge.
Airline industry use of foreign pilots as aviation rebounds from the...
(Reuters) - French media mogul Stephane Courbit and his investor partners are said to have offered 20 euros ($19) a share for Bertelsmann SE & Co.'s stake in television company Groupe M6, Bloomberg News reported on Sunday.
The offer is a 39% premium to Friday's closing price of 14.43 euros...
The US economy statistical data from 28 July 2022 showed a fall in the US gross domestic product (GDP) for the second consecutive quarter by -0.9%. Generally a decline in GDP reported in two consecutive quarterly periods is an indicator of a recession. However, representatives of President Biden's administration,...
Pre-Open Stock Movers:
Mobile Global Esports Inc (NASDAQ:MGAM) 48% HIGHER; sees continued momentum after Friday's IPO.
Romeo Power Inc (NYSE:RMO) 22% HIGHER; Nikola Corporation, and Romeo Power Inc, today announced they have entered into a definitive agreement in which Nikola, a global leader in zero-emissions transportation and energy infrastructure solutions, will acquire Romeo, an...
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Chinese cash trickling back to Asia’s property markets
By Tom Westbrook and Stella Qiu
SINGAPORE/SYDNEY (Reuters) - The end of China's strict COVID-19 border controls is prompting pent-up cash to begin flowing abroad,...
ValueAct questions Seven & i strategy, pushes 7-Eleven spin-off
By Svea Herbst-Bayliss
NEW YORK (Reuters) - ValueAct Capital is pushing Seven & i Holdings to explain its corporate strategy to shareholders including why it...
Cineworld looks to raise $2.26 billion to emerge from bankruptcy – filing
(Reuters) - Cineworld Group Plc is planning to raise $2.26 billion, according to a court filing on Sunday, as the theater chain aims to...
Oil jumps $5/bbl as surprise OPEC+ output cuts jolt markets
By Florence Tan and Mohi Narayan
(Reuters) - Oil prices surged on Monday, posting the biggest daily rise in nearly a year, after a surprise...
Crude Oil Price Gaps Higher on OPEC+ Output Cut Compounding Supply Issues. Higher WTI?
Crude oil ran over 8% higher first thing Monday morning after the unexpected output cut announced by OPEC+ over the weekend. The blistering rally comes...