Alibaba Abandoned Plans to List Its Logistics Arm Dealing A Blow to Hong Kongs Beleaguered Ipo Market
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Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Hong Kong stock exchange fights to regain investors’ faith
New team faces steep challenge as high-profile listings sinkFinancial Times - World - Hong Kong -
Rubrik prices its IPO at $32, above expected range
Rubrik Inc. priced its initial public offering late Wednesday at $32 a share.MarketWatch - Business -
The Lex Newsletter: AI spending plans are spooking the market
Microsoft is the company showing most tangible proof of AI revenue generation from hefty investmentsFinancial Times - Business -
See the Full List for the WSJ/Realtor.com Housing Market Ranking
How metro areas across the U.S. stack up in the newly updated 2024 rankings.The Wall Street Journal - World -
Long-awaited $2 billion CVC debut shows the IPO market is back on track, Euronext boss says
"It is a very strong signal of the comeback of IPOs in Europe, in particular in continental Europe," Euronext's Stéphane Boujnah said.CNBC - Business -
San Francisco Buyers Bring Its Luxury Housing Market Back to Life
A recovery is under way in the Bay Area, as interest-rate shock finally wears off and stock-market gains fuel high-end home salesThe Wall Street Journal - World - San Francisco -
Khris Middleton joins Antetokounmpo on Bucks' list of players dealing with injuries
Milwaukee Bucks forward Khris Middleton’s status for Game 3 of the Eastern Conference first-round playoff series with the Indiana Pacers is uncertain after he hurt his ankle in the last game and didn’t practice ThursdayABC News - Sports -
Thoma Bravo agrees to buy UK-listed Darktrace in $5bn deal
Offer comes less than two years after private equity group previously held talks about buying cyber security companyFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Facing Ban, TikTok Denies Plan to Sell its U.S. Business
One day after the President signed the law targeting the Chinese-owned social network, its parent company ByteDancedigsits heels in.Inc. - Business - Tiktok -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
The EU will probe whether China is unfairly denying companies access to its medical devices market
The European Union says it will investigate whether China is using unfair methods to deprive companies in Europe of access to its market for medical devicesABC News - Health - China -
Hamas official says group would lay down its arms if an independent Palestinian state is established
A top Hamas political official has told The Associated Press the Islamic militant group is willing to agree to a five-year truce with Israel and that it will lay down its weapons and convert into a political party if an independent Palestinian ...ABC News - World -
Meet the members of a transitional council tasked with choosing new leaders for beleaguered Haiti
A transitional council tasked with bringing political stability to Haiti has been installed in the capital of Haiti, a nation marred by gang violence and soaring hunger and povertyABC News - World -
Humza Yousaf faces vote of no confidence after ending power sharing with Scottish Greens – UK politics live
First minister says deal ‘has served its purpose’ and is no longer providing stability in parliament . Humza Yousaf, the SNP leader and Scottish first minister, is holding a press conference now.. He says he has been in the post for little more ...The Guardian - World - United Kingdom -
For Maxine Hong Kingston, Age Is Just Time Going By
At 83, the novelist and professor emerita at the University of California, Berkeley, likes to “go into the new.”The New York Times - Top stories -
Rémy Cointreau posted a decline in sales for its fourth quarter as it continues to destock in the U.S., but saw a better-than-expected performance in China despite the complex market environment there.
Rémy Cointreau posted a decline in sales for its fourth quarter as it continues to destock in the U.S., but saw a better-than-expected performance in China despite the complex market environment there.The Wall Street Journal - World -
Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes
A little over a year ago, Chipotle announced the opening of its first Farmesa location.CNBC - Business -
Decades after finding an abandoned baby, officer makes remarkable discovery
For more than two decades, retired Lt. Gene Eyster wondered what became of that boy he found abandoned in a cardboard box in an apartment hallway.CBS News - Top stories -
'Everton apply final blow to Liverpool title challenge'
Everton ended a cycle of icy misery by applying the final blow to Liverpool's Premier League title hopes, writes Phil McNulty.BBC News - Top stories -
We Are Blowing the Fight to Contain Bird Flu
“There’s a fine line between one person and 10 people with H5N1.”The New York Times - Top stories -
Tokyo Exchange Courts Asian Startups for IPOs
The Tokyo Stock Exchange aims to attract listings from Asian startups, leveraging the market’s recent gains and positioning itself as a preferred fundraising destination for companies outside Japan.The Wall Street Journal - World -
Tokyo Exchange Courts Asian Startups for IPOs
The Tokyo Stock Exchange aims to attract listings from Asian startups, leveraging the market’s recent gains and positioning itself as a preferred fundraising destination for companies outside Japan.The Wall Street Journal - World -
Rubrik’s stock pops in IPO debut as CEO sees big opportunity in data protection
Rubrik seemed to check off the right boxes for investors Thursday as its stock surged in its public debut.MarketWatch - Business -
CVC Soars in of Amsterdam Trading Debut
CVC shares rose 24% on the first day of trading on Amsterdam’s stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.The Wall Street Journal - World -
CVC Soars in of Amsterdam Trading Debut
CVC shares rose 24% on the first day of trading on Amsterdam’s stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.The Wall Street Journal - Business -
The Tricky Logistics Behind Direct-to-Consumer Strategies
Suppliers stepping up efforts to reach shoppers are having to mount costly new supply chains built to the task.The Wall Street Journal - World -
Anglo Considers Sale of Diamond Unit De Beers
The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Persistently High Commodity Prices Could Delay Rate Cuts
Global commodity prices are expected to soften this year and next but remain considerably above prepandemic levels, making it harder for central banks to lower inflation and loosen monetary policy, the World Bank said.The Wall Street Journal - World -
Russian Missile Incursions Into NATO Risk Wider War, Poland's President Says
Andrzej Duda called the flyovers in Polish airspace provocations that put infrastructure and people in danger.The Wall Street Journal - World - Russia -
The Morning Risk Report
Foreign aid package comes with new sanctions risks for companies, and workers get ready to switch jobs but employers are fighting to stop them. Also, Swedbank to integrate operations tackling financial crime.The Wall Street Journal - World -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - World -
Red Sox place Brayan Bello on IL in latest blow to pitching staff
The injury bug continues to bite the Red Sox, who placed talented young right-hander Brayan Bello on the injured list Wednesday.Yahoo Sports - Sports - MLB -
Blow for Chelsea as groin surgery rules out Enzo Fernández for rest of season
Inguinal hernia has hampered £106.8m Argentina midfielderMauricio Pochettino under pressure after consecutive defeatsMauricio Pochettino’s hopes of holding on to his job as Chelsea’s head coach have been complicated by Enzo Fernández needing to ...The Guardian - World -
‘We chose not to blow up our life’: readers on surviving infidelity
The sexual wanderings of a partner don’t always spell the end. Readers share their experiences of how their relationship came out the other side. Get Guardian Australia’s weekend culture and lifestyle emailWhat counts as infidelity varies from ...The Guardian - World