Finance

Betting on hydrogen hype, Thyssenkrupp eyes $687 mln in IPO cash

Thyssenkrupp’s (TKAG.DE) electrolysis business is aiming for proceeds of up to 600 million euros ($687 million) by selling new shares in a possible initial public offering this year, betting on the $130 billion hydrogen sector it supplies

Investors ready for U.S. earnings as inflation worries run high

U.S. companies will post results in the coming weeks on the final quarter of 2021 as investors worry about inflation’s impact on earnings and pressure on the Federal Reserve to speed up the timeline for kicking off interest rate hikes.

German industry expects economy to grow by 3.5% in 2022

Germany’s BDI industry association said on Thursday it expected Europe’s largest economy to grow 3.5% this year, giving a more cautious forecast than the government as it warned companies could face another “stop-and-go year” due to the pandemic.

U.S. FAA issues impact notices on 5G wireless aviation

The Federal Aviation Administration (FAA) began publishing notices early on Thursday that detailed the extent of potential impact of new 5G wireless service on sensitive aircraft electronics.

Asia shares stumble on weak China data, U.S. dollar heavy

Asian shares were dragged lower by weakness in Chinese economic data on Thursday although investors seemed relieved that U.S. inflation data was not hot enough to force even faster monetary tightening by the Federal Reserve.

Betting on hydrogen hype, Thyssenkrupp eyes $687 mln in IPO cash

Thyssenkrupp’s (TKAG.DE) electrolysis business is aiming for proceeds of up to 600 million euros ($687 million) by selling new shares in a possible initial public offering this year, betting on the $130 billion hydrogen sector it supplies

Investors ready for U.S. earnings as inflation worries run high

U.S. companies will post results in the coming weeks on the final quarter of 2021 as investors worry about inflation’s impact on earnings and pressure on the Federal Reserve to speed up the timeline for kicking off interest rate hikes.

German industry expects economy to grow by 3.5% in 2022

Germany’s BDI industry association said on Thursday it expected Europe’s largest economy to grow 3.5% this year, giving a more cautious forecast than the government as it warned companies could face another “stop-and-go year” due to the pandemic.

U.S. FAA issues impact notices on 5G wireless aviation

The Federal Aviation Administration (FAA) began publishing notices early on Thursday that detailed the extent of potential impact of new 5G wireless service on sensitive aircraft electronics.

Asia shares stumble on weak China data, U.S. dollar heavy

Asian shares were dragged lower by weakness in Chinese economic data on Thursday although investors seemed relieved that U.S. inflation data was not hot enough to force even faster monetary tightening by the Federal Reserve.

Categories