Birkenstock to debut in New York with $8.6 bn IPO
German sandals maker Birkenstock will debut on the New York stock exchange Wednesday with a valuation of $8.6 billion that belies its former dowdy image, with the brand now a fashion favorite and the...
2023-10-11 16:16
Asian markets build on global rally as Fed pause hopes grow
Asia extended a global markets rally Wednesday on a growing belief the Federal Reserve is finished with its interest rate hiking cycle, while optimism was also boosted by a report that China is...
2023-10-11 10:48
China to hold third Belt and Road forum next week
China will hold its third Belt and Road forum in its capital next week, Beijing said Wednesday, confirming the details of an event that several foreign leaders are expected...
2023-10-11 10:16
EU warns Musk's X spreading 'illegal' disinfo after Hamas attack
The EU's digital chief Thierry Breton warned Elon Musk on Tuesday that his platform X, formerly Twitter, is spreading "illegal content and disinformation", in...
2023-10-11 08:46
Birkenstock to target $8.6 bn IPO valuation: media reports
German sandals maker Birkenstock will launch on the New York stock exchange on Wednesday in an initial public offering that values the company at $8.6 billion...
2023-10-11 08:22
HP announces outlook for fiscal 2024 and hikes annual dividend
HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend,
2023-10-11 06:47
'External activity' probably behind Finland-Estonia gas pipe leak
Finnish President Sauli Niinisto said on Tuesday a leak leading to the shutdown of a natural gas pipeline from Estonia to Finland this weekend was...
2023-10-11 02:56
Star witness at US crypto trial says Bankman-Fried ordered fraud
Disgraced crypto wunderkind Sam Bankman-Fried was the mastermind behind a scheme to defraud FTX clients of billions of dollars, the star witness in his...
2023-10-11 02:21
LVMH sales growth falters in third quarter
The world's top luxury group LVMH said Tuesday that its third quarter sales were nearly flat at 19.96 billion euros ($21.2 billion), a one percent increase...
2023-10-11 01:51
Russian forces close in on east Ukraine's Avdiivka
Russian forces closed in on the frontline town of Avdiivka in east Ukraine on Tuesday, as Kyiv warned Moscow was stepping up strikes in an...
2023-10-11 01:19
Pre-election jitters send Argentine peso to new lows
The US dollar broke through the symbolic 1,000 peso mark on Argentina's parallel market on Tuesday, as citizens scramble to dump the currency two weeks before a presidential election...
2023-10-11 00:20
UK Labour leader Starmer vows 'decade of national renewal' if elected
Britain's opposition leader Keir Starmer vowed Tuesday to spearhead a "decade of national renewal" if his Labour party returns to power after nearly 14 years in...
2023-10-10 23:51
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