In Finance
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Stocks making the biggest moves midday: Planet Fitness, AMC, Airbnb, Roblox and more
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White & Case advises Spinneys on Dubai Financial Market IPO
Global law firm White & Case LLP has advised Spinneys 1961 Holding PLC (Spinneys), a leading retail supermarket operator in the United Arab Emirates and Oman, on its listing on the Dubai Financial Market (DFM). The initial public offering was achieved via a sale of 900 million ordinary shares, representing 25 percent of Spinneys’ issued share capital, by its shareholder Al Seer Group LLC. HSBC, Emirates NBD and Bank of America acted as joint global coordinators, EFG Hermes as joint bookrunner...
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BBVA Makes $12 Billion Hostile Bid for Sabadell After Snub
(Bloomberg) -- Banco Bilbao Vizcaya Argentaria SA made an €11.5 billion ($12.4 billion) hostile bid for Banco de Sabadell SA, days after an initial approach was rejected by the smaller rival’s board. The government criticized the move and said it could be negative for the industry.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s...
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IT stocks see highest FPI selling worth ₹9,573 crore in April; Financials follow with ₹9,338 crore outflow | Mint
The Indian stock market is witnessing sharp correction with the benchmark Nifty 50 falling nearly 3% from its record high level. Weak global market cues, cautiousness amid ongoing Lok Sabha Elections, in-line corporate earnings for the March quarter and sustained outflow of foreign funds have dragged the domestic equity market lower.The foreign portfolio investors (FPI) have turned net sellers in the Indian equities this year so far. After buying heavily in March, FPIs net sold Indian equities...
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Insider Sale at Cullinan Therapeutics Inc (CGEM): Chief Scientific Officer Jennifer Michaelson ...
Jennifer Michaelson, Chief Scientific Officer at Cullinan Therapeutics Inc (NASDAQ:CGEM), sold 63,606 shares of the company on May 7, 2024.
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BBVA Launches Hostile All-Shares Tender Offer for Sabadell
Banco Bilbao Vizcaya Argentaria SA commenced a hostile bid for Banco de Sabadell SA, days after an earlier approach was rejected by the smaller rival’s board.
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Tax rises will follow UK election unless fiscal rules are ripped up, says thinktank
Niesr says current limits on government borrowing fail to stimulate growth and hinder net zero ambitionsThe next government will be forced to hit voters with post-election tax rises and delay net zero investment unless it is prepared to rip up Treasury rules for managing the state finances, a leading thinktank has said.The National Institute for Economic and Social Research (Niesr) called for a radical overhaul of the self-imposed constraints imposed on government borrowing and debt as it warned...
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Crackdowns and Crickets: money-laundering to keep firing up real estate for now
"Crackdown on money launderers!" they cried. But are laws promised 17 years ago to stop lawyers, accountants and property developers from laundering money any closer?
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Google Cloud accidentally deletes UniSuper’s online account due to ‘unprecedented misconfiguration’
Super fund boss and Google Cloud global CEO issue joint statement apologising for ‘extremely frustrating and disappointing’ outageFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastMore than half a million UniSuper fund members went a week with no access to their superannuation accounts after a “one-of-a-kind” Google Cloud “misconfiguration” led to the financial services provider’s private cloud account being deleted,...
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Cullinan Therapeutics executive sells over $1.7m in stock
Jennifer Michaelson, the Chief Scientific Officer of Cullinan Therapeutics, Inc. (NASDAQ:CGEM), has sold a significant portion of her...
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Rents outpace wages in big cities across the U.S.
Over the past five years, rents in nearly every major U.S. city have risen faster than wages. In New York City, rent surged seven times faster than wages last year. But this spike isn’t confined to the Big Apple. Later in this episode: GE’s three-way split is the end of an era. Also: the WNBA pay gap, and the rebranding of an iconic Midwestern frozen-food delivery service.
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Now Applebee's takes on McDonald's with a bargain burger
Applebee's is launching a new value burger to compete with McDonalds. The chain, famous for its value burgers and cocktails, saw a recent drop in sales. Chili's has also looked to