Equity Financing

Tencent Music presses play on $1.2 billion U.S. IPO

Tencent Music presses play on $1.2 billion U.S. IPO

Published 03/12/2018

HONG KONG/NEW YORK (Reuters) - Tencent Music Entertainment launched its hotly-anticipated U.S. initial public offering (IPO) of up to $1.2 billion on Monday after global [more…]

Norway biotech Ultimovacs plans IPO to develop cancer drug

Norway biotech Ultimovacs plans IPO to develop cancer drug

Published 03/12/2018

OSLO (Reuters) - Norway’s Ultimovacs plans to raise around 700 million Norwegian crowns ($82 million) in an initial public offering in early 2019 to help [more…]

Bain Capital Ventures closes $1 billion fund amid venture…

Bain Capital Ventures closes $1 billion fund amid venture…

Published 15/11/2018

SAN FRANCISCO (Reuters) - Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm, said it has raised a new $1 billion [more…]

Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work

Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work

Published 14/11/2018

(Reuters) - Warren Buffett’s Berkshire Hathaway Inc deepened its commitment to the U.S. financial industry, announcing a $4.02 billion stake in JPMorgan Chase & Co [more…]

Uber posts $1 billion loss in quarter as growth in bookings slows

Uber posts $1 billion loss in quarter as growth in bookings slows

Published 14/11/2018

SAN FRANCISCO (Reuters) - Uber Technologies Inc said on Wednesday that growth in bookings for its ride-hailing and delivery services rose 6 percent in the [more…]

SoftBank’s Son defends Saudi ties after journalist murder

SoftBank’s Son defends Saudi ties after journalist murder

Published 05/11/2018

TOKYO (Reuters) - SoftBank Group Corp (9984.T) CEO Masayoshi Son has condemned the killing of a journalist by Saudi security personnel, and said his firm [more…]

Buffett’s Berkshire doubles profit, repurchases $900 million stock…

Buffett’s Berkshire doubles profit, repurchases $900 million stock…

Published 04/11/2018

NEW YORK (Reuters) - Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit doubled as its insurance [more…]

HSBC poised to be first firm to issue Chinese Depositary Receipts:…

HSBC poised to be first firm to issue Chinese Depositary Receipts:…

Published 18/10/2018

HONG KONG (Reuters) - HSBC Holdings PLC (HSBA.L) is set to be the first company to issue Chinese Depositary Receipts (CDRs), through a link between [more…]

‘Despondent’ Musk’s Tesla resembles Lehman, Greenlight’s Einhorn says

‘Despondent’ Musk’s Tesla resembles Lehman, Greenlight’s Einhorn says

Published 05/10/2018

NEW YORK (Reuters) - Hedge fund manager David Einhorn lambasted Tesla Inc (TSLA.O) and its “despondent” Chief Executive Elon Musk on Friday, comparing the electric [more…]

Fidelity’s asset management chief Morrison to retire

Fidelity’s asset management chief Morrison to retire

Published 05/10/2018

BOSTON (Reuters) - Fidelity Investments said on Friday that its asset management chief, Charles Morrison, is leaving the company and that it plans to name [more…]