Tag: Stock Market

FRANKFURT, May 14 (Reuters) – European Central Bank policymakers set the stage for a June 10 showdown over the future of their COVID-19 emergency bond purchases when they met in April but stopped short of discussing their next move, the account of their meeting showed on Friday.The ECB, which is already providing record support, has…

Prime Minister Boris Johnson expects an easing of Britain’s COVID-19 lockdown to go ahead on Monday, his spokesman said, after concerns were raised over the spread of a coronavirus variant first detected in India.”We’ve announced the changes that are taking place on Monday and the prime minister said yesterday himself he expects they will go…

A Pennsylvania federal judge has whittled down employees’ claims against convenience store chain Wawa Inc in litigation over a 2019 data breach of its point-of-sale systems.U.S. District Judge Gene Pratter in Philadelphia on Wednesday granted Wawa’s motion to dismiss a set of claims over an alleged failure to pay assistant general managers overtime wages, while…

MOSCOW (Reuters) – Russian petrochemical company Sibur has taken out a loan where interest rates are pegged to environmental targets, a move that could help pave the way for a potential initial public offering (IPO), a company’s senior manager said on Wednesday. Sibur said earlier on Wednesday that it had obtained a $50 million loan…

Shares of Global-e Online Ltd (GLBE.O) rose as much as 1% in their Nasdaq debut on Wednesday, giving the cross-border e-commerce platform a market capitalization of nearly $3.6 billion.The Israel-based company’s stock opened at $24.25, down from the initial public offering (IPO) price of $25 per share, but later recovered to trade higher.Launched in 2013,…

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…