Bending Spoons (BSP.O), owner of the video platform Vimeo and the internet services company AOL, priced its U.S. initial public offering above its targeted range at $29 per share on Tuesday, raising $1.68 billion in a rare software IPO as the sector grapples with disruption from AI.
By Leika KiharaBig Japanese manufacturers' sentiment improved in the three months to June to levels unseen since 2018, a closely watched survey showed on Wednesday, a sign the economy was weathering the energy shock from the Middle East conflict for now.But companies expect business conditions to w…
Australian commercial explosives supplier Orica ASX:ORI on Wednesday approved a final investment decision to build the Hunter Valley Hydrogen Hub as the firm looks to cut its reliance on natural gas.Here are some details:($1 = 1.4461 Australian dollars)
Ireland's manufacturing sector growth eased in June from the four-year high seen the previous month, but output, new orders and employment all grew robustly, according to a survey on Wednesday.The AIB Ireland Manufacturing Purchasing Managers' Index (PMI) eased to 54.9 in June from May's 55.9, whic…
Bending Spoons SpA (BSP.O):
New car registrations in France rose 11.37% in June from a year earlier to 188,787 vehicles, data from French car body PFA showed on Wednesday.Tesla NASDAQ:TSLA sales in the country rose 104.99% last month to 7,474 vehicles.
By Kanishka SinghThe U.S. government said on Tuesday it will bring enforcement action against the Kansas City Public School District in Kansas over its transgender policies that could include judicial proceedings and loss of federal funding.In a statement, the Education Department alleged that the…
By Marcela AyresBrazil's Treasury said on Tuesday that fiscal targets will become unfeasible from 2028 without new measures, as rising mandatory spending outpaces efforts to contain costs even with maximum freezes on discretionary outlays.The warning comes as economists call for stronger fiscal dis…
By Jamie McGeever"Tariff" is famously Donald Trump's favorite word, and the U.S. president’s continued use of it unleashed fear across markets last year as his administration unilaterally imposed the most protectionist set of trade policies since the 1930s. But the bark was far worse than the bite…
Microsoft is planning to cut under 2.5% of its workforce in the latest round of layoffs that could be announced as early as next week, Business Insider reported on Tuesday, citing people familiar with the matter.The layoffs will impact thousands of roles, including sales and consulting, as well as…
Excite Technology Services Ltd ASX:EXT:
By David LawderU.S. President Donald Trump's administration is expected to formally declare on Wednesday that it will not extend the U.S.-Mexico-Canada Agreement on trade, starting a decade-long clock to wind down the 32-year-old North American free trade zone as the three countries haggle over pro…
MICROSOFT PLANS ANOTHER ROUND OF JOB CUTS, IMPACTING THOUSANDS OF ROLES - BUSINESS INSIDERMICROSOFT'S JOB CUTS WILL BE LESS THAN 2.5% OF ITS WORKFORCE - BUSINESS INSIDERMICROSOFT I
Sivers Semiconductors AB OMXSTO:SIVE:
Oaktree-backed ITG said on Tuesday it had priced its U.S. initial public offering at $16 per share, below its targeted range, raising $312.2 million.The digital infrastructure firm sold 19.5 million shares in the offering, initially marketed between $19 and $22 apiece.ITG provides end-to-end digita…
Brazilian state-run oil firm Petrobras BMFBOVESPA:PETR3 said on Tuesday it is cutting diesel prices to distributors, yet the effect will be neutral as the company is simultaneously suspending an equal-size temporary discount on the fuel.In a statement, Petrobras said it is reducing diesel prices to…
Boeing NYSE:BA said on Tuesday that an unplanned IT outage affected some of its computer systems and applications.The outage "significantly disrupted" the aerospace firm's commercial and military production, the Air Current reported, citing people familiar with the issues.Boeing did not comment on…
U.S. coastal cash crude grades weakened on Tuesday, dealers said, as U.S. crude reached its smallest discount to Brent in more than four years during trading, hurting export demand.The WTI/Brent spread narrowed 32 cents to trade at a discount of $2.08, the smallest since May 2022, though it widened…
By Laila KearneyMembers of the PJM Interconnection on Tuesday voted to advance a plan to source more electricity to serve the rising data center demand that threatens to overtake regional electricity supplies on the largest U.S. power grid.PJM has seen an explosion of requests over roughly the last…
Intelligent Monitoring Group Ltd ASX:IMB:
