Thursday, 25th, 2024 | 3:29AM Updated

The logo for Chinese ride-hailing company Didi Global Inc is pictured during the IPO on the New York Stock Exchange (NYSE) floor in New York City, U.S.
Didi Global denies media report it plans to go private after $4.4 billion New York IPO

Ride-hailing company Didi Global on Thursday denied a media report that the company was considering going private to placate Chinese authorities and compensate investor losses since it listed in the United States.

The Robinhood App is displayed on a screen in this photo illustration
Explainer-Robinhood makes most of its money from PFOF. What is it?

App-based retail brokerage Robinhood Markets Inc was set to make its highly anticipated market debut on the Nasdaq on Thursday.

Signage for PowerSchool (NYSE:PWSC) is seen ahead of their Initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York City, New York, U.S.
PowerSchool valued at over $3 billion in NYSE debut as shares rise

Shares of PowerSchool Holdings Inc rose 2.8% in their New York Stock Exchange debut on Wednesday, giving the cloud-based education software provider a valuation of about $3.57 billion.

Screens display trading information over the floor of the New York Stock Exchange (NYSE) in New York, U.S
Analysis-Ten-year Treasuries at 2%? Bring it on, investors say

A bet on 10-year U.S. bond yields rising to 2% was meant to be the slam-dunk trade of 2021. It still is, say many analysts and money managers, who expect the rate to shift back higher by year-end without causing market ructions.

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Naspers logo is seen in Johannesburg, South Africa
Prosus faces investor criticism over $144 million fee for Naspers share swap

Technology investor Prosus will pay up to $144 million in transaction fees when it buys a block of parent company Naspers' shares, according to a document submitted to stock exchanges on July 12, prompting criticism from some investors.

Glencore reaches $9.85 million zinc rigging settlement in New York
Glencore reaches $9.85 million zinc rigging settlement in New York

Glencore Plc agreed to pay $9.85 million to resolve a private U.S. antitrust lawsuit accusing two units of the Anglo-Swiss mining company of trying to monopolize the market for zinc, driving up its price.

A logo of luxury goods company Louis Vuitton is seen at the entrance of a shop in Brussels, Belgium
Dior, Fendi frenzy helps luxury group LVMH extend its reach

Surging sales of fashion lines and handbags by Dior, Fendi and Louis Vuitton powered LVMH's revenues in the second quarter as coronavirus restrictions eased around the world and the luxury goods group edged out some rivals to raise its market share.

An office building with the Aon logo is seen amid the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia,
Aon, Willis halt $30 billion merger over monopoly concerns, delay

Aon Plc and Willis Towers Watson Plc on Monday called off a $30 billion merger that would have created the world's largest insurance broker, saying U.S. regulators' objections created unacceptable delay and uncertainty.

Thomas Barrack, Executive Chairman, Colony Northstar, speaks at the Milken Institute's 21st Global Conference in Beverly Hills, California, U.S
Indicted billionaire Thomas Barrack drops SPAC plans

Falcon Peak Acquisition Corp, the blank-check acquisition firm of former U.S. President Donald Trump's billionaire ally Thomas Barrack, withdrew its initial public offering registration on Friday after he was charged with illegal lobbying.

American Airlines flight 718, the first U.S. Boeing 737 MAX commercial flight since regulators lifted a 20-month grounding in November, lands at LaGuardia airport in New York, U.S.
American and Southwest lifted by 'messy' travel rebound, federal aid

U.S. carriers American Airlines and Southwest Airlines on Thursday posted quarterly profits helped by a bookings rebound and federal aid and vowed to resolve hiccups across their operations as passengers return in droves.

A representation of the virtual cryptocurrency Ethereum is seen among representations of other cryptocurrencies in this picture illustration taken
Crypto miner Core Scientific to go public via $4.3 billion SPAC deal

Core Scientific Holding Co said on Wednesday it would go public through a merger with a blank-check company backed by BlackRock Inc, in a deal that values the cryptocurrency miner at $4.3 billion.

South Korean won, Chinese yuan and Japanese yen notes are seen on U.S. 100 dollar notes in this picture illustration taken in Seoul, South Korea
U.S. dollar retreats as risk sentiment perks up, but outlook still upbeat

The safe-haven dollar on Wednesday pulled back from more than three-month highs, with risk appetite back up with stocks higher, but investors remained cautious due to inflation fears and concerns about the highly contagious coronavirus variant.

Workers walk past a Coca Cola logo painted on a gate at a Coca Cola factory in Nairobi,
Coca-Cola leans on early pandemic lessons to prepare for Delta variant hit

Coca-Cola Co will rely on its pandemic-tested strategy of focusing on bigger brands and doubling down on its supply chain to combat a potential impact from the Delta variant of the coronavirus, its finance chief said on Wednesday.

Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken,
Crypto firm FTX Trading's valuation rises to $18 billion after $900 million investment

FTX Trading Ltd said on Tuesday its valuation had risen to $18 billion after a $900 million funding round that included SoftBank Group Corp and was one of the biggest fundraises for a crypto company.

Woman with her smartphone poses in front of displayed Duolingo logo in this illustration taken,
Duolingo eyes over $3 billion valuation in U.S. IPO as online learning booms

Duolingo Inc said on Monday it aims to be valued as much as $3.41 billion in its U.S. initial public offering, as the language-learning app maker seeks to cash in on rapidly rising interest for online education tools during the COVID-19 pandemic.

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