Author: Press Room
© Reuters. FILE PHOTO: A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson/File Photo (Reuters) – Marex Group, a British commodities broker, announced plans on Friday to list its shares in New York, the latest blow to London’s bid to attract companies to its stock exchange. Marex, backed by private equity firm JRJ, said it had confidentially filed a draft registration statement with the U.S. markets regulator with a view to launching an IPO. The news comes two years after the company’s failed attempt to list in London. London…
Pulse Oil Corp. (TSXV:PUL:CA) Thursday said that it is offering rights to holders of its common shares of record at the close of business on December 15. Pursuant to the Rights Offering, each holder of Common Shares will receive one-fifth of a transferable right for each Common Share held of Pulse as of the Record Date. Each whole right will entitle the holder thereof to subscribe for one Common Share at a price of $0.04 per Common Share until 2:00 p.m. (Pacific time) on January 12, 2024. If the Rights are fully exercised, the Rights Offering will raise gross proceeds…
© Reuters. SEOUL – South Korea’s capital is gearing up for a significant conference titled “Digital Money: Navigating a Changing Financial Landscape,” bringing together financial experts and policymakers to discuss the economic implications of digital currencies. The event, organized by the Bank of Korea (BOK), South Korea’s finance ministry, and the International Monetary Fund (IMF), is scheduled for Thursday to Friday next week. The conference aims to shed light on the evolving role of digital currencies in the global financial system and the challenges they present to traditional regulatory frameworks. Participants will explore how central banks can adapt to these…
Hunter Biden’s attorney said Thursday that his client would not be facing charges out of Delaware and California if he was not President Biden’s son, saying the charges would not be brought if his last name was “anything other than Biden.”Earlier Thursday, Hunter Biden was indicted in California on nine tax charges over $1.4 million in taxes he owed between 2016 and 2019. Special Counsel David Weiss has been using a federal grand jury in Los Angeles to gather evidence of possible criminal tax charges against Hunter Biden.The charging documents filed in California accuse Hunter Biden of spending money on personal…
A flight was diverted after two passengers got into an argument.Passengers said they heard a couple mentioning they had a bomb, leading to the diversion.The Breeze Airways flight was diverted to Jacksonville, Florida and didn’t depart until the following day. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app A flight bound for Providence, Rhode Island, was diverted to Jacksonville, Florida, after a man said the word “bomb” in an argument with another passenger, local broadcaster News4JAX first reported.A Breeze Airways flight from Orlando was…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK commodities brokerage Marex has filed confidential paperwork to list in the US, snubbing London after pulling a plan two years ago to list on its home stock market.The group said on Friday it is aiming to go public in New York after submitting the filing to the US Securities and Exchange Commission.The targeted valuation is set to be between $2.2bn and $2.8bn, approximately three to four times more than its previous goal when Marex attempted to list on the London Stock…
© Reuters. FILE PHOTO: View of a model of carbon capture and storage designed by Santos Ltd, at the Australian Petroleum Production and Exploration Association conference in Brisbane, Australia May 18, 2022. REUTERS/Sonali Paul/File Photo By Scott Murdoch, Lewis Jackson and Renju Jose SYDNEY (Reuters) -Santos Ltd shares jumped on Friday on the prospect of a possible $52 billion merger with bigger Australian rival Woodside (OTC:), but investors said valuation will be key, while domestic asset sales are likely to be needed to overcome competition concerns. After market hours on Thursday, Woodside and Santos confirmed speculation they were in preliminary…
© Reuters. Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, reported a 7.5% drop in its November sales, totaling NT$206 billion ($6.6 billion). This decline also reflects a 4.1% decrease compared to the company’s sales figures from the previous year. The semiconductor industry has been facing challenges due to economic headwinds and geopolitical tensions. TSMC’s CEO, C.C Wei, has expressed concern about the near-term market outlook, citing China’s economic instability and ongoing trade issues with the United States as factors that could hinder a swift recovery. Despite these concerns, TSMC has estimated its fourth-quarter sales to be in…
Nikola prices offerings of common stock and convertible senior notes
The White House disavowed an American-Islamic advocacy organization on Thursday after the group’s director declared that he “was happy to see” Palestinians break out of Gaza on Oct. 7, the day of the Hamas terrorist attack on Israel that killed an estimated 1,200 people and led to the seizure of 240 others as hostages.A spokesman for President Biden condemned the remarks by Nihad Awad, the national executive director of the Council on American-Islamic Relations, who declared in a speech that Palestinians in Gaza “have the right to self-defense” but that Israel “as an occupying power” does not. Mr. Awad said…