United States

Muted start to second half for Asia stocks as U.S. payrolls loom

Asian stock markets made a subdued start to the second half of 2021 on Thursday, weighed by worries about new…

4 years ago

Krispy Kreme raises $500 mln after pricing U.S. IPO below range

Doughnut chain Krispy Kreme priced its initial public offering well below the planned range to raise $500 million, indicating a…

4 years ago

Cybersecurity firm SentinelOne valued at nearly $11 bln in public debut

Shares of security software provider SentinelOne Inc (S.N) jumped 21.4% in their U.S. stock market debut on Wednesday, giving the…

4 years ago

Smithfield Foods to pay $83 mln to settle pork price-fixing claims

Smithfield Foods Inc (SFII.UL) said on Wednesday it will pay $83 million to settle litigation that accused several companies of…

4 years ago

U.S. pending home sales unexpectedly rise in May

Contracts to purchase previously owned U.S. homes rose by the most in 11 months in May driven by a decline…

4 years ago

After $4.4 bln New York IPO, founders of China’s Didi eye global growth

From working at a foot massage company to setting up China's biggest ride-hailing firm, Will Wei Cheng has navigated several…

4 years ago

Five market trends investors are eyeing halfway through 2021

Investors have enjoyed a rewarding ride in the first half of 2021, as unprecedented economic stimulus, stellar earnings growth and…

4 years ago

What inflation? Pandemic leaves emerging Asia’s consumer recovery behind

Asia's once fast-growing economies are struggling with weak domestic demand that is keeping a lid on inflation in contrast to…

4 years ago

U.S. consumer confidence at 16-month high; house price inflation heating up

U.S. consumer confidence jumped to its highest level in nearly 1-1/2 years in June as growing labor market optimism amid…

4 years ago

U.S., European suppliers scramble to secure Christmas goods as cargo delays worsen

Suppliers to Walmart (WMT.N), Target (TGT.N), Amazon.com (AMZN.O) and other major retailers told Reuters they are placing holiday orders for…

4 years ago