Indegene IPO shares set to make debut today

Shares of Indegene will be listed at the bourses today. The company has fixed the issue price at ₹452, the upper cand of the price band of ₹430-452. The initial public offering saw a robust response from all category investors, as the issue was subscribed 69.70 times, thanks mainly to qualified institutional buyers. The issue size of … Read more

Asian Shares Fall on Weak China Data, Tariff Fears: Markets Wrap

(Bloomberg) — Asian stocks dropped following data that showed signs of slack in China and news US President Joe Biden plans to raise tariffs on some goods from the world’s second-largest economy. Most Read from Bloomberg Equity benchmarks in Hong Kong, Shanghai, Australia and Japan declined, while US and European futures were little changed. Japanese … Read more

Donald Trump: Biden surrendering US campuses to “anarchists, jihadist freaks”: Donald Trump on college protests

Former US President Donald Trump came out heavily against Joe Biden over the massive pro-Palestine protests at American universities, and claimed that his successor is surrounded by “fascists” and has ‘surrendered’ the college campuses to “jihadist freaks” and “anti-American extremists.”Trump further claimed that “the very same people who are funding the violent campus uprisings are … Read more

After raising $250m for acquisitions, Cinq Music buys catalog of producer Flow La Movie

Los Angeles-headquartered music label, distribution and rights management company Cinq Music has acquired the catalog of the late producer and songwriter José Ángel Hernández, aka Flow La Movie. The deal comes several months after Cinq Music raised $250 million from its parent company, GoDigital Media Group, for acquisitions primarily in the reggaeton, Música Mexicana, Afrobeats, … Read more

Notable earnings after Monday’s close

May 12, 2024 5:35 PM ETPBR, PRSO, QUIK, BIOL, DRRX, IDN, WULF, INO, AP, STXS, AGYS, LAC, CVV, VXRT, RCEL, CARA, CAPR, TBPH, SURG, VYGR, SENS, SND, BIOX, ALLO, STNE, ALC, HROW, HOFV, PSFE, TMC, HYZN, GROY, DERM, LAACBy: Deepa Sarvaiya, SA News Editor Major earnings expected after the bell on Monday include: Petróleo Brasileiro … Read more

Socialist win in Catalonia draws line under separatist turbulence

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Spanish prime minister Pedro Sánchez’s Socialists scored a clear win in the Catalan regional elections on Sunday, as support for pro-independence parties dropped and his party sought to draw a line under more than a … Read more