Investment firm GLP Pte has selected banks for a Hong Kong initial public offering that may take place as soon as the first half of 2026, according to people familiar with the situation.
Things werenβt looking good for Vestas Wind Systems A/S in January, with the return of Donald Trump and his anti-renewables policies after an already difficult stretch for the turbine maker.
Inflows to a group of exchange-traded funds tracking the CSI A500 Index surged to a fresh record on Thursday, with the strong activity leaving traders perplexed.
Australian Retirement Trust, the nationβs no. 2 pension fund, is switching more money from passive index funds to active equity managers, citing the growing dominance of major technology companies in global benchmarks.
Tsuruha Holdings Inc. has become one of the most heavily shorted stocks in Japan as investors position for its tender-offer-driven rally to fade. But analysts warn that this strategy may end in a short squeeze if the drug store operatorβs earnings beat expectations.
NikeΒ posted more weakness in China and its Converse brand, sending shares down and offsetting higher-than-expected revenue in the latest quarter.Β Direct-to-consumer sales missed expectations, while Converse plunged 30% in the fiscal second quarter ended Nov. 30. Revenue rose 1% to $12.4 billion, aboβ¦
Shares in BlackBerry Ltd. were volatile in after-hours trading today after the company reported earnings and revenue beats in its fiscal 2026 third quarter. For the quarter that ended on Nov. 30, BlackBerry reported adjusted earnings per share of five cents, up from zero cents in the same quarter ofβ¦
Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk category that just a few years ago was seen as too difficult to model.
Intercontinental Exchange Inc., owner of the New York Stock Exchange, is in talks to invest in crypto payments firm MoonPay Inc. as part of a funding round, people familiar with the matter said.
Bernstein analysts said Uber investors have been overly fearful of the threat posed by self-driving cars, particularly if autonomous-vehicle technology gets widely licensed.
Raw sugar futures headed for a fourth day of losses, the longest streak in more than two months, after major producer India said it may export more than planned this season.
Oracle keeps making investors nervous. Not just about the company itself, but about Big Tech's enormous bet on AI that has been the engine of our economic growth and the bull market. Why it matters:Β With so much money at stake, any sign of a delay in AI profits raises the risk that some players maβ¦