London’s Share of European IPO Volume Has Slumped to Just 2%
London is missing out on a rebound in Europe’s initial public offering market, in yet another sign of its waning prospects as a listing destination.
London is missing out on a rebound in Europe’s initial public offering market, in yet another sign of its waning prospects as a listing destination.
The Riksbank cut its benchmark interest rate for the first time in eight years, acting before the neighboring euro zone in a bid to offer respite to Sweden’s recession-stricken economy.
One of Canada’s biggest pension funds says it hasn’t been able to deploy the CAD 10 billion ($7.3 billion) it earmarked for energy transition investments, partly because it finds Asian governments’ long-term plans and support inadequate.
Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries, plus interest, a rare outcome in US bankruptcy proceedings.
European stocks rose to a fresh record as a clutch of solid company reports provided evidence that the earnings recovery is filtering through to a wider swathe of the economy.
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