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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

Amazon workers go on strike in US ahead of Christmas rush as union seeks contract talks

(Reuters) – Amazon.com (NASDAQ:AMZN) workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush, aiming…
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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,…
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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,…
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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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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%…
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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…
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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…
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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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U.S. to grant PG&E $15 billion for grid upgrades- report

The U.S. Department of Energy is set to provide a record $15 billion loan to California’s PG&E (NYSE:PCG) Corp, according to the…
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