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Market News

October 18, 2021
India Pushing to Get LIC IPO Done on Time, Finance Minister Says
The government is pushing to get the initial public offering of state-backed Life Insurance Corp. of India across the line by next March and any...
October 18, 2021
What to Know in China’s GDP Beyond the Headline Numbers
China’s economy slowed rapidly in the third quarter under the stress of a property slump and electricity shortages.
October 18, 2021
Twins Who Built $1.3 Billion Marshmallow App Take on Insurers
For three centuries, a handful of insurers have dominated the market from the City of London. The upstart intent on challenging them rents two floors...
October 18, 2021
Morgan Stanley Puts Buoyant Saudi Stocks Back on the Buy List
The sustained rally in Saudi stocks over the last 18 months has led Morgan Stanley analysts to concede they got it wrong.
October 18, 2021
Klarna Adds ‘Pay Now’ Option in U.K. Amid Regulatory Scrutiny
Klarna is adding an option for British consumers to pay immediately at checkout as the “buy now, pay later” giant looks to ease regulatory...
October 18, 2021
Valneva Says Covid Shot Beat AstraZeneca’s in Trial, Seeks EU Approval
Valneva SE is preparing to seek regulatory approval for its experimental Covid-19 vaccine after showing it elicits better immunity than AstraZeneca...
October 18, 2021
Russian IT Firm Softline Seeks $1.9 Billion Valuation in IPO
Softline Holding Ltd., an IT services and cybersecurity provider founded by Russian businessman Igor Borovikov, set a price range for its initial...
October 18, 2021
Music, Barbecues, Wi-Fi: Managing Morale for Those Idled at Sea
Plenty of things might keep container-ship captain Markus Grote up at night while sailing across the ocean, but lately there’s another kind of...
October 18, 2021
Democrats Swarm Virginia Governor Race to Blunt Ex-Carlyle CEO
Democrats concerned by the tight race for Virginia governor are rushing to bolster Terry McAuliffe’s campaign in a state that could set the...
October 18, 2021
Schumer, Democrats Have Dwindling Time to Make Good on Promises
Senate Majority Leader Chuck Schumer faces staggering policy challenges -- President Joe Biden’s economic agenda, voting rights legislation and...