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Market News

October 14, 2021
Industrial-Repair Kits Firm Rubix Seeks $986 Million in U.K. IPO
Advent International-backed Rubix Group Holdings Ltd., a provider of maintenance and repair for industrial firms, is looking to raise at least 850...
October 14, 2021
How the Post-Brexit U.S.-U.K. Trade Deal Lost Momentum 
U.K. Prime Minister Boris Johnson, in carrying out his country’s split with the European Union, made big promises about securing a favorable trade...
October 14, 2021
FAA Takes Aim at Alaska’s High Air-Accident Rate
U.S. aviation regulators are planning a significant overhaul of safety measures in Alaska to address the remote state’s persistently high accident...
October 14, 2021
Latvian President Tests Positive for Covid After Trip to Sweden
Latvian President Egils Levits tested positive for coronavirus after returning from a trip to Sweden, his spokeswoman said in a statement.
October 14, 2021
TDR’s Constellation Buys CarNext to Grow Online Auto Lead
Constellation Automotive Group, the buyer and seller of used vehicles owned by TDR Capital, acquired smaller rival CarNext to expand its lead as...
October 14, 2021
U.S., Philippines Seek to Return to Full Military Drills in 2022
The U.S. and the Philippines are planning to return to full-scale military drills in 2022 after two years and will invite Australia and the U.K. as...
October 14, 2021
TSMC Quarterly Profit Beats Expectations as Margins Recover
Taiwan Semiconductor Manufacturing Co.’s quarterly profit beat expectations as demand for the chips stayed robust in the face of worsening snarls...
October 14, 2021
U.K. Business Rates, Fed Taper Time, China Inflation: Eco Day
Welcome to Thursday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
October 14, 2021
SumUp Buys Fivestars for $317 Million to Target U.S. Merchants
SumUp Inc., a U.K. global payments company, acquired Fivestars as part of a push to become a one-stop service provider for small businesses.
October 14, 2021
Australia’s Red-Hot Housing Seen Surging 22% in 2021, Says Westpac
Australian home prices will surge 22% this year, economists at Westpac Banking Corp. said, upgrading their forecast from a previous 18% and warning...