Shein prices IPO below top range in Hong Kong debut
Business & Markets • a month ago
The fast-fashion giant raised $1.7 billion in its long-awaited stock market listing, valuing the company at $26.3 billion.
Business & Markets News
Japanese Companies Accelerate Investment in India Amid Shifting Global Landscape
Business & Markets • a month ago
Japanese firms are increasingly prioritizing India for growth, driven by economic slowdowns in China and challenges in traditional Western markets.
Shein Speeds Hong Kong IPO to Avoid Billions in Investor Payouts
Business & Markets • a month ago
The fast-fashion retailer's public offering allows it to bypass significant payments to early backers.
Eric Clapton's Final North American Shows See Ticket Prices Vary Widely
Business & Markets • a month ago
Last-minute tickets for Eric Clapton's upcoming concerts range from $65 to over $1,400, with a special Buddy Guy birthday celebration in New York City commanding the highest prices.
Stocks End August Lower Amid Rising Oil Prices and Geopolitical Concerns
Business & Markets • a month ago
Major U.S. stock indices concluded August on a downward trend as investors reacted to persistent geopolitical tensions and a notable surge in oil prices.
Stocks End August Lower Amidst Persistent War Fears and Rising Oil Prices
Business & Markets • a month ago
Major indices closed August with declines as geopolitical tensions, particularly concerning the Strait of Hormuz, contributed to market uncertainty and a rise in oil prices.
Northwest Naturals Recalls Nearly 2,000 Pounds of Raw Pet Food Due to Salmonella and Listeria
Business & Markets • a month ago
Federal testing found contamination in two chicken recipes distributed nationwide; no illnesses reported as of Aug. 28.
Middle East Tensions Spark Oil Price Surge, U.S. Stocks Decline
Business & Markets • a month ago
Global markets reacted to escalating Middle East tensions, with oil prices climbing and stock markets falling.
Ex-BlackRock Director Sues Firm for $12.4 Million Over Alleged Promised Pay
Business & Markets • a month ago
The lawsuit claims the asset manager failed to provide carried interest compensation to a former employee, potentially exposing the firm's pay structure.