German footwear maker Birkenstock Holding Plc has gathered enough investor demand to price its initial public offering at the high end of its indicated price range and reach a valuation of $10 billion, Reuters reported on Sunday, citing people familiar with the matter.
A suspected leak was detected overnight in an undersea pipeline connecting the Finnish and Estonian grids, which its operators closed while investigating the incident.
Saudi Arabia said it’s interested in studying technology for small modular nuclear reactors, as the Middle East’s largest oil producer looks to diversify its energy sources and generate cleaner power for domestic use and export.
Kenyan President William Ruto and the heads of two major finance and climate institutions said without a 10 to 20 year moratorium on interest payments on foreign debt the world’s poorest continent won’t be able to cope with climate change.
UK Labour leader Keir Starmer said his party is on track to return to power at the next election, as he deflected concerns that voters are still unclear about what he stands for.
The recent surge in Rome’s borrowing costs show investors are positioning for a combination of weak growth and high debt, outgoing Bank of Italy Governor Ignazio Visco told the Financial Times.
Former Goldman Sachs banker Roger Ng arrived in Malaysia to assist in the nation’s 1MDB probe after his 10-year prison term in the US was deferred, according to a Bernama report.
It’s been less than a year since one euro was worth a dollar, and talk of the common currency falling back to that level is once again creeping into the market’s discourse.
Indonesian President Joko Widodo said he ordered the military and the police to tackle forest fires after neighboring countries complained that smoke from the burning is making the air unhealthy.
Israel is “at war,” Prime Minister Benjamin Netanyahu said, after militants from the Gaza Strip fired over 3,000 missiles and infiltrated southern parts of the country early Saturday. The surprise attack — not yet under control as of early Sunday — killed at least 200 Israelis, while at least 230 Palestinians died in fighting and reprisal strikes by the Israeli military.
