Shares in one of London's biggest IPOs this year have crashed 82%
Three months ago, CAB Payments stumbled when it went public on the London Stock Exchange, its shares falling nearly 10% on their first day of trading on a market that has been starved recently of new listings.
2023-10-24 21:55
Goldman, Citigroup Drop Off Investcorp Capital’s Abu Dhabi IPO
Goldman Sachs Group Inc. and Citigroup Inc. have dropped off the planned Abu Dhabi initial public offering of
2023-10-24 15:54
Saudi Arabia’s Neom, DSV Form $10 Billion JV for Futuristic City
Saudi Arabia’s Neom is setting up a $10 billion venture with Danish freight forwarder DSV A/S to help
2023-10-24 14:25
UAW expands strike against Stellantis, hitting pickup truck plant
By David Shepardson and Joseph White WASHINGTON/DETROIT -The United Auto Workers (UAW) union went on strike at Chrysler-parent Stellantis's largest
2023-10-23 23:25
GM, Ford slip after UAW warns of more walkouts, analysts say deal is close
Shares of U.S. automakers Ford Motor and General Motors slipped about 1% each in morning trade on Monday
2023-10-23 22:28
Abrdn’s Head of Equities Says Invest Anywhere, ‘Just Not the US’
Devan Kaloo had a stark message for clients he visited in Spain last week: put your money into
2023-10-23 16:57
PIF-Backed Medical Procurement Firm Nupco Plans Saudi IPO
Saudi Arabia’s sovereign wealth fund is exploring an initial public offering of the kingdom’s largest medical procurement firm,
2023-10-23 16:46
Merck Discontinues Developing Drug Candidates With Sichuan Kelun After Daiichi Sankyo Deal
Merck & Co. won’t continue with two drug candidates it previously agreed to co-develop with a Chinese biotech
2023-10-23 13:58
A Shrinking $1.3 Trillion Securities Market Is Bad News for the Economy
For a fleeting moment this month, investment bankers in leveraged finance — the lucrative lending that oils the
2023-10-23 12:47
China Rattles Foreign Firms Again With Arrests, Foxconn Probe
Chinese authorities are again shaking the confidence of foreign companies in the country with a series of arrests
2023-10-23 10:58
Money Managers With $100 Trillion Confront End of the Bull Market
T. Rowe Price Group Inc. is reeling from a $127 billion exodus over just two years. At Franklin
2023-10-23 07:55
Saudi Wealth Fund And Hyundai Motors Agree to Build Auto Plant
Hyundai Motor Co. has agreed a deal with Saudi Arabia’s sovereign wealth fund to develop a more than
2023-10-23 00:50