LONDON: Food delivery company Deliveroo could make Britain’s biggest stock market debut since commodities giant Glencore went public nearly a decade ago, after setting a price range on Monday that values it at up to US$12 billion. The Amazon-backed food delivery firm has been held up by the ......
Two special purpose acquisition companies (SPACs) backed by investment bank Lazard Ltd are aiming to raise as much as US$500 million in initial public offerings, according to regulatory filings on Monday.
The market for bonds that are linked to companies meeting certain environmental goals could grow 20-fold this year to between US$120 billion and US$150 billion, a senior JP Morgan banker said, as businesses look to tap into booming demand.
Facebook Inc said on Monday it took down 1.3 billion fake accounts between October and December and that it had over 35,000 people working on tackling misinformation on its platform.
Mark Branson, the head of Switzerland's financial markets regulator FINMA, is to be named the new President of German financial watchdog BaFin, German daily Handelsblatt reported on Monday, citing government sources.
BANKS in the Asia-Pacific can expect near-term losses, as they mirror rising sovereign yields in the US, Fitch Ratings has said.
CAPITALAND on Monday said the proposed overhaul of its structure is meant to sharpen the group's focus on strategic growth and create shareholder value.
California's two U.S. senators are urging President Joe Biden to set a firm date to phase-out gas-powered passenger vehicles as the White House grapples with how to rewrite vehicle emissions rules slashed under President Donald Trump.
ASTREA VI, the latest series of private equity-backed bonds, has been tokenised by digital platform iSTOX, reducing the minimum investment ticket by up to 10 times for accredited investors.
The deal values the gaming studio at around US$4 billion, two sources told Reuters.
