Shares in aircraft components maker Montana Aerospace (AERO.S) soared nearly 18% on its debut on the Swiss bourse on Wednesday, giving it a higher-than-expected market capitalisation of about 1.4 billion Swiss francs ($1.5 billion).The Austrian-Swiss company, whose customers include Boeing (BA.N) and Airbus (AIR.PA), saw its shares rise to 30.60 Swiss francs ($33.16) in early…
German online car trader Meinauto said on Tuesday that it decided to postpone its planned stock market listing, citing “adverse” market conditions for high growth companies.
Battery material maker SK IE Technology Co Ltd (SKIET) saw its stock hover up 50% on its debut day, pulling back from market open when it started trade at double the price set during its record-breaking initial public offering (IPO).
Alexander Zverev underlined his credentials as a French Open title contender with a battling 6-7(8) 6-4 6-3 victory over Italian Matteo Berrettini on Sunday to claim his fourth Masters 1000 crown and second Madrid Open title.Germany’s Zverev, conqueror of claycourt specialists Rafa Nadal and Dominic Thiem en route to the final, dropped his first set…
India is to recruit hundreds of former army medics to support its overwhelmed healthcare system, the defence ministry said on Sunday, as the country grapples with record COVID-19 infections and deaths amid angry calls for a complete nationwide lockdown.Some 400 medical officers are expected to serve on contract for a maximum of 11 months, the…
Aryna Sabalenka was in ominous form as she overpowered world number one Ash Barty 6-0 3-6 6-4 to win the Madrid Open on Saturday.In claiming victory, the Belarusian gained revenge after being beaten by the Australian in the Stuttgart Open final a fortnight ago.On a windy day in Madrid, Sabalenka’s first set shotmaking was nothing…
The number of COVID-19 patients in French intensive care units fell for the fifth day in a row on Saturday, down 101 from the previous day at 5,005, the health ministry said.
© Reuters. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann By Shariq Khan and Matt Scuffham (Reuters) – Credit Suisse (SIX:CSGN) Group AG has told customers in recent months it will no longer execute transactions in shares of cannabis companies with…
Global stocks headed for their first weekly gain in three weeks amid a surge in commodity prices, while traders braced for a U.S. jobs report later on Friday that could provide clues on when the Federal Reserve will ease back on monetary stimulus.European stocks opened higher, with the pan-European STOXX 600 index (.STOXX) hitting a…
British construction activity expanded quickly last month, almost matching the six-and-a-half-year record struck in March as a lifting of coronavirus lockdown measures boosted new orders, a survey showed on Friday.The IHS Markit/CIPS Construction Purchasing Managers’ Index (PMI) eased to 61.6 in April from 61.7 in March, despite the survey’s gauge of new orders rising to…