Is the IPO winter finally coming to an end?   Last week saw a flurry of listings, a year after Russia's invasion of Ukraine and an increase in inflation fuelled a period of market volatility that prevented the majority of initial public offerings in 2022. According to Dealogic data, a busier...

Hermes, the maker of the Birkin bag, claimed that wealthy Chinese consumers bought its goods in the fourth quarter even though the rest of the luxury market was suffering from an increase in COVID infections, enabling it to surpass sales and margin expectations.   According to Executive...

According to sources cited by Bloomberg, two of Twitter's three offices in India have been shut down. The social network's offices in Mumbai and New Delhi have stopped operating, but the office in Bangalore is still open, according to the publication. The company fired more than 90% of its Indian...

In its most recent effort to reassure investors alarmed by a critical U.S. short-report seller's on its business practices, the Adani group of India said on Tuesday that neither its companies nor the near-term liquidity issues they face pose any material refinancing risk.   The group of...

In the fourth quarter, Warren Buffett's Berkshire Hathaway Inc reduced its holdings in Taiwanese contract chipmaker TSMC, as well as some banks, while increasing its holdings in Apple Inc.   According to a regulatory filing, Berkshire reduced its position in Taiwan Semiconductor...

After China's COVID lockdown drove down iron ore prices, Australia's three largest iron ore producers, BHP Group, Rio Tinto, and Fortescue, are expected to report a sharp decline in earnings, which will result in a reduction in their payouts to shareholders.   According to projections from...

Guillaume Faury, the CEO of Airbus, was unhappy with the company's aircraft deliveries in January and informed top managers that this year's total shouldn't fall short of the target set for last year, according to sources cited by Reuters. The figures dropped by roughly five times in January...

According to a CNBC report quoting industry insiders, the UK's semiconductor industry is pleading with the government for financial assistance and if it doesn't act soon, it could lose its microchip companies to the U.S. and other nations.   The government of Prime Minister Rishi Sunak...

The first-half earnings from a proposed casino duty hike in New South Wales could be impaired by up to A$1.6 billion ($1.11 billion), according to a warning from Australia's Star Entertainment Group on Monday. This news sent the company's shares tumbling 22% to a record low.   The warning...