Federer-backed shoemaker ON prices IPO above range, valued at over $6 bln
On Holding AG (ONON.N), a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.
Marketmind: Pandeconomics part 2
Slowly but surely, global policymakers are entering a new phase of their economic response to the pandemic.
UK employee numbers surge above pre-pandemic level
British employers added a record 241,000 staff last month, lifting the total number of employees on company payrolls to just above the level before Britain first went into a COVID-19 lockdown last year, official data showed on Tuesday.
Investors turn bearish on global economy though positioning upbeat – BofA survey
Barely a tenth of respondents in a monthly fund manager survey expect a stronger global economy in the coming months, marking the lowest proportion since last April’s initial COVID-19 panic, Bank of America’s (BofA’s) September edition of the survey showed.
Factbox: Universal to list as music streaming picks up
Vivendi (VIV.PA), the French media conglomerate, is spinning off Universal Music Group, the largest part of its business and the label behind singers such as Taylor Swift, in a listing on the Euronext stock exchange in Amsterdam.
Indonesia Aug exports, imports seen staying strong on resources boom
Indonesia’s exports and imports likely continued to surge in August, driven by high prices of the country’s main commodities like coal and palm oil, a Reuters poll showed on Tuesday.
Australia business conditions show promising improvement in August-survey
A measure of Australian business conditions showed a welcome improvement in August as sales and profits weather coronavirus lockdowns in parts of the country, offering hope of a speedy recovery once restrictions ease.
Takeda eyes vaccine business growth as dengue, COVID-19 shots progress – CEO
akeda Pharmaceutical Co (4502.T), which distributes Moderna Inc’s (MRNA.O) COVID-19 shots in Japan, expects vaccines to become a bigger part of its portfolio as shots for dengue fever and COVID-19 near regulatory approval, its chief executive said.
EXCLUSIVE Buyout firm Apollo makes $4.3 billion offer to buy Tronox -sources
Private equity firm Apollo Global Management Inc (APO.N) has approached Tronox Holdings Plc (TROX.N), one of the world’s largest pigment manufacturers, with a $4.3 billion all-cash offer, people familiar with the matter said on Monday.
Marketmind: Transitory faith in transitory inflation
Say your economy is growing at about 5% annually, it just hit a 10-year inflation high of 3% read more amid labour shortages and enjoys negative yields on benchmark government bonds .
