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Market News
March 16, 2021
First SPAC in Europe’s Rich North Has Bankers Lining Up for More
The bank behind Scandinavia’s first special purpose acquisition company is now building out its corporate finance unit, with headcount set to grow...
March 16, 2021
If IPhone Charger Blows Up, It May Be a Fake Sold on Instagram
A simple, daily gesture like charging an iPhone turned into a life-threatening task for Andrea Stroppa, a cybersecurity researcher. The charger that...
March 16, 2021
SocGen Joins Rivals in Flagging Strong Trading at Start of Year
Societe Generale SA joined its European investment banking rivals in flagging a strong start to the year in its trading business, giving a boost to...
March 16, 2021
Allegro Holders Sell up to $1.3 Billion Stake in Placement
Shareholders in Allegro.eu SA, Poland’s biggest e-commerce platform, are seeking to raise as much as 4.9 billion zloty ($1.3 billion) in an...
March 16, 2021
Virgin Atlantic Jet Turns Back After Laser Attack on Pilots
Virgin Atlantic Airways Ltd. aborted a flight to Israel after a laser beam was shone at the plane’s cockpit from the ground as it departed London...
March 16, 2021
NYSE Chairman Says GameStop Surge Highlights U.S. Market Flaws
This year’s run-up in shares of GameStop Corp. highlights “some of the inherent flaws in the U.S. equity market,” according to Jeff Sprecher,...
March 16, 2021
Billionaire Agarwal Sweetens Offer For Indian Unit Shares by 47%
Anil Agarwal, the billionaire founder of the Vedanta commodities empire, is offering a higher price to repurchase shares of his cash-rich Indian unit...
March 16, 2021
McConnell Says GOP Will Retaliate If Democrats End Filibuster
Senate Minority Leader Mitch McConnell fired a warning shot at Democrats against jettisoning the filibuster to push through President Joe Biden’s...
March 16, 2021