Intel’s Mobileye files for listing in first sign of thawing tech IPO market

Sept 30 (Reuters) – Intel Corp’s (INTC.O) self-driving unit Mobileye on Friday unveiled its filing for a US initial public offering, testing support for a high profile stock debut even as the market for new issues has virtually collapsed. The tech IPO market globally is in the middle of its worst drought in almost two … Read more

HSBC kicks off informal investor talks for Indonesian business IPO

HONG KONG, Sept 30 (Reuters) – HSBC Holdings Plc has started briefing investors on a potential initial public offering (IPO) of its Indonesian business, said two sources with direct knowledge of the matter. Executives at HSBC Indonesia have met with a group of fund managers in Singapore since last week to discuss details of the … Read more

Russian ruble leaps to 8-year high vs euro as market awaits sanctions

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Sept 30 (Reuters) – The rouble soared to its highest in almost eight years against the euro on Friday, with investors anxious that more sanctions against Moscow could limit foreign currency trading as Russia prepared to annex … Read more

UAE healthcare firm Burjeel Holdings plans listing on Oct 10

Register now for FREE unlimited access to Reuters.com Register DUBAI, Sept 26 (Reuters) – Abu Dhabi-based hospital operator Burjeel Holdings plans to sell an 11% stake in an initial public offering that will list its shares on the emirate’s exchange, the company said in a statement on Monday. Burjeel said it plans to offer about … Read more

Tender to sell Evergrande’s Hong Kong headquarters to close on Oct 31

The Evergrande Center of China Evergrande Group is seen amid other buildings in Shanghai, China, September 24, 2021. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG, Sept 26 (Reuters) – A tender sale of China Evergrande Group’s (3333.HK) headquarters in Hong Kong will close on Oct. 31, real estate … Read more

Rouble surges, stocks fall as Russia holds Ukraine referendums

Woman holds Russian Roubles in front of US Dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. Sept 23 (Reuters) – The Russian rouble surged to new … Read more

Novartis to prioritize US market unfazed by drug pricing pushback

Swiss drugmaker Novartis’ logo is seen at the company’s plant in the northern Swiss town of Stein, Switzerland October 23, 2017. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register ZURICH, Sept 22 (Reuters) – Swiss pharma giant Novartis (NOVN.S) said it would make growth in the United States its top geographic … Read more

Exclusive: PepsiCo ends Pepsi, 7UP production in Russia months after promising halt over Ukraine

Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine NEW YORK/MOSCOW, Sept 20 (Reuters) – PepsiCo Inc (PEP.O) has stopped making Pepsi, 7UP and Mountain Dew in Russia nearly six months after the US company said it would … Read more

Analysis: Porsche poses governance dilemma for investors weighing IPO

A logo of Porsche is seen outside a Porsche car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020. REUTERS/Yves Herman Register now for FREE unlimited access to Reuters.com Register Leadership structure a concern for some Others cite small proportion of shares being offered IPO could be biggest in Europe since … Read more

Adobe to buy Figma in $20 bln bid on future of work that spooks investors

Adobe logo is seen on smartphone in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 15 (Reuters) – Adobe Inc agreed on Thursday to acquire Figma, whose products are used by software developers to collaborate, for $20 billion, sparking investor concerns about the rich price … Read more