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Hong Kong exchange seeks to ease IPO rules

Investing.com — Hong Kong Exchanges & Clearing Ltd. (HKEX) is looking to modify some of its initial public offering (IPO) requirements. This…
Stock

UnitedHealth executive murder suspect to appear in court over New York extradition

(Reuters) – The suspect in the killing of UnitedHealth Group (NYSE:UNH) executive Brian Thompson is due to appear in a Pennsylvania court…
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Instagram set to account for half of Meta’s US ad revenue

Investing.com — Meta Platforms Inc (NASDAQ:META).’s Instagram is projected to soon constitute half of the firm’s advertising revenue in the United States,…
Stock

Siemens to sell $2.6 billion stake in Siemens Energy to fund Altair acquisition

Investing.com — Siemens AG (OTC:SIEGY) intends to sell a $2.6 billion stake in Siemens Energy AG (ETR:ENR1n) in the forthcoming months. The…
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Instagram to account for half of Meta’s US ad revenue by 2025

Investing.com — Meta Platforms Inc (NASDAQ:META).’s Instagram is projected to comprise 50% of the company’s US advertising revenue in the near future,…
Stock

Kioxia debuts with a 10% surge following $800 million IPO

Investing.com — Kioxia Holdings, a Japanese chip maker, saw its shares rise by 10% in its initial public offering (IPO), closing at…
Stock

UniCredit increases stake in Commerzbank, nears mandatory bid threshold

Investing.com — UniCredit, Italy’s second-largest bank by assets, has raised its stake in German rival Commerzbank (ETR:CBKG) to 28%, nearing the 30%…
Stock

Equinor uncovers new North Sea oil and gas

Equinor, a Norwegian energy company, has announced an oil and gas discovery in the North Sea. The find, preliminarily named Ringand, is…
Stock

US stock futures mostly lower; Fed meeting, retail sales in focus

Investing.com– U.S. stock index mostly futures fell Tuesday as investors remained cautious before a Federal Reserve meeting this week, where the central…
Stock

South African managers show preference for local equities over S&P 500

In a recent survey conducted by Bank of America (BofA), fund managers in South Africa have shown a preference for South African…
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