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Hong Kong exchange seeks to ease IPO rules

Investing.com — Hong Kong Exchanges & Clearing Ltd. (HKEX) is looking to modify some of its initial public offering (IPO) requirements. This…
Stock

UnitedHealth executive murder suspect to appear in court over New York extradition

(Reuters) – The suspect in the killing of UnitedHealth Group (NYSE:UNH) executive Brian Thompson is due to appear in a Pennsylvania court…
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Apple discontinues iPhone hardware subscription project

Investing.com — Apple Inc (NASDAQ:AAPL). has terminated its project to develop an iPhone hardware subscription service, according to sources close to the…
Stock

Instagram to account for half of Meta’s US ad revenue by 2025

Investing.com — Meta Platforms Inc (NASDAQ:META).’s Instagram is projected to comprise 50% of the company’s US advertising revenue in the near future,…
Stock

Kioxia debuts with a 10% surge following $800 million IPO

Investing.com — Kioxia Holdings, a Japanese chip maker, saw its shares rise by 10% in its initial public offering (IPO), closing at…
Stock

UniCredit increases stake in Commerzbank, nears mandatory bid threshold

Investing.com — UniCredit, Italy’s second-largest bank by assets, has raised its stake in German rival Commerzbank (ETR:CBKG) to 28%, nearing the 30%…
Stock

Instagram set to account for half of Meta’s US ad revenue

Investing.com — Meta Platforms Inc (NASDAQ:META).’s Instagram is projected to soon constitute half of the firm’s advertising revenue in the United States,…
Stock

Siemens to sell $2.6 billion stake in Siemens Energy to fund Altair acquisition

Investing.com — Siemens AG (OTC:SIEGY) intends to sell a $2.6 billion stake in Siemens Energy AG (ETR:ENR1n) in the forthcoming months. The…
Stock

U.S. to grant PG&E $15 billion for grid upgrades- report

The U.S. Department of Energy is set to provide a record $15 billion loan to California’s PG&E (NYSE:PCG) Corp, according to the…
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EU probes TikTok for possible election meddling

The European Commission has initiated a formal investigation into TikTok to determine if the social media company failed to mitigate risks that…
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