Retail Investors Are Helping Small IPOs Defy This Market Turmoil
Retail investors are piling into stock offerings, fueling a jump in new listings by micro-cap companies in the face of a banking crisis that is sidelining bigger deals.
Retail investors are piling into stock offerings, fueling a jump in new listings by micro-cap companies in the face of a banking crisis that is sidelining bigger deals.
China will restart beef imports from Brazil, the world’s biggest exporter, a month after the trade was halted over a case of mad cow disease. Shares on Brazilian meatpackers jumped.
Bank of America Corp. named Greg Butz and Justin Walter co-heads of North America health-care investment banking.
Bank of England Governor Andrew Bailey said the global banking system is more robust and better capitalized than in was in 2008, making a repeat of the crisis more than a decade ago unlikely.
South Africa’s municipalities owed state power utility Eskom Holdings SOC Ltd. 56.3 billion rand ($3.1 billion) by the end of last year, a debt that’s continued to rise, Deputy President Paul Mashatile said.
BlackRock Inc. and KKR & Co. are exploring bringing in new backers for their investment in Abu Dhabi National Oil Co.’s oil pipeline network, people with knowledge of the matter said.
Hanwha Solutions Corp. plans to spend $147 million on a plant in Georgia that supplies material for panels, drawing cheers from President Joe Biden who credits his climate law for jumpstarting efforts to build a solar supply chain in the US.
The New York state grand jury weighing criminal charges against Donald Trump over alleged hush money payments is expected to hear at least one witness on Thursday, although it isn’t yet clear on which case.
For years, Amazon.com Inc.’s aggressive growth strategy has enabled the stock to command a hefty premium to big tech peers. But with its expansion slowing, many investors are now balking at paying up for the e-commerce giant.
Teleperformance, the company used by TikTok and others to police their feeds for illegal and harmful content, has backtracked on a 4-month-old pledge to workers that it would give up reviewing extreme posts.