Real estate companies around the world are eyeing one area right now, in light of “higher potential returns,” Citi says.
Experts say Shein’s U.S. IPO is all but dead
Chances for a U.S. IPO for Shein are veering toward near-zero as American public officials take a tougher bipartisan stance on Chinese e-commerce platforms.
Tesla internal data shows company has slashed at least 14% of workforce this year
Tesla internal records viewed by CNBC suggest the company employs just over 121,000 people, including temporary workers.
China talks up support for IPOs. Investors are watching the speed of approval
Chinese authorities this week announced new policy for supporting venture capital, raising hopes for faster approvals of initial public offerings.
Move over, Tokyo. Hong Kong is now the most expensive city to build, survey shows
Hong Kong has surpassed Tokyo as Asia’s most expensive city to build property amid a labor crunch and ageing population, according to a new market survey.
Europe stocks close lower; Carlsberg down 9% after bid rejected; UK retail sales beat forecast
European stocks closed lower Friday as investors assessed a slew of central bank decisions and data releases.
Carlsberg shares slide 9% after Britvic rejects $3.9 billion takeover offer
Carlsberg shares fell sharply on Friday after the British soft drinks maker Britvic said it had rejected the Danish brewer’s £3.11 billion ($3.9 billion) takeover proposal.
Weight loss drug contender Zealand Pharma jumps 18% on trial results
The Danish company is testing a rival to drugs such as Ozempic and Wegovy that it says may deliver a “better patient experience.”
Putin says Russia is ramping up its nuclear arsenal — and is open to security talks with NATO states
Russia is ready to hold security talks with NATO states, President Vladimir Putin said, while affirming Moscow’s plans to ramp up the national nuclear arsenal.
Human rights lawyer to political reformer: Who is Keir Starmer, the UK’s new would-be prime minister
Labour leader Keir Starmer is the favorite to win the U.K.’s July 4 election.