SYDNEY (Reuters) – Australian Clinical Labs (ACL), a pathology provider owned by domestic private equity firm Crescent Capital Partners, is seeking to raise $315 million in an initial public offering next week, according to a memo seen by Reuters.The company and its advisors, Merrill Lynch Equities and Goldman Sachs, will offer shares at A$4 each…
FILE PHOTO: A general view of the Norwegian central bank, where Norway’s sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File PhotoOSLO (Reuters) – Norway’s $1.3 trillion sovereign wealth fund, the world’s largest, posted a first-quarter profit thanks to strong stock markets, it said on Wednesday.The fund had a 4.0% return…
Abdallah Djaballah, leader of al-Adala party, gestures during an interview at his office in Algiers, Algeria April 11, 2021. REUTERS/Abdelaziz BoumzarIslamist parties in Algeria expect to win parliamentary elections in June and take a major role in government, part of a strategy to gradually build clout within a system long dominated by a secular military…
Mozambique’s President Filipe Nyusi attends a signing ceremony following the talks with Russia’s President Vladimir Putin in Moscow, Russia August 22, 2019. Sputnik/Alexey Nikolsky/Kremlin via REUTERS Mozambique President Filipe Nyusi said on Wednesday the government will work to restore peace in the country after a deadly militant attack last month near multi-billion-dollar gas projects backed…
Traders work during the opening bell at the New York Stock Exchange (NYSE) on February 28, 2020 at Wall Street in New York City. JOHANNES EISELE/AFP via Getty Images US shares fell on Monday as technology shares dragged indexes lower. Investors remain cautious over the slew of corporate earnings ahead as well as the ongoing…
Poor residents in Los Angeles could receive $1,000 direct monthly payments as part of the city’s budget. LA Mayor Eric Garcetti outlined the $24 million proposal during his annual “State of the City” address. The payments will “begin to tear away at poverty in our city,” Garcetti said. See more stories on Insider’s business page.…
President Joe Biden called on Congress to pass criminal justice reform to honor George Floyd. “No one should be above the law,” Biden said. “And today’s verdict sends that message. But it’s not enough.” Former police officer Derek Chauvin faces up to 40 years in prison for second-degree murder. See more stories on Insider’s business…
Men wearing protective face masks shop for grocery items at a store ahead of the holy fasting month of Ramadan, amid the coronavirus disease (COVID-19) pandemic, in Peshawar, Pakistan April 9, 2021. REUTERS/Fayaz AzizThe global grocery sector grew a record 10% in 2020, industry data showed on Wednesday, as people stuck at home under COVID-19…
FILE PHOTO: A man wearing a face mask following the coronavirus disease (COVID-19) outbreak walks by Tesla Model 3 sedans and Tesla Model X sport utility vehicle at a new Tesla showroom in Shanghai, China May 8, 2020. REUTERS/Yilei Sun(Reuters) – Tesla Inc’s vehicle registrations in California dropped marginally during the first quarter compared with…
Hi and welcome to the Insider Advertising newsletter. I’m Lucia Moses, deputy editor, and this week in advertising and media news: Advertisers bet on live events;TV adtech giants merge;And Omnicom ups its data pitch.If you got this newsletter forwarded, sign up for your own here. First up: Don’t miss our webinar this Thursday on the future…
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