When Sweden’s Klarna , one of Europe’s most valuable fintech companies, laid the groundwork for its blockbuster initial public offering, it looked past the exchanges in Europe and set its sights on New York. Klarna’s move is symbolic of the divergence seen in public listings, where a booming United States and Asia are leaving fragmented…
Remember SPACs? They are showing signs of life again. So far this year, 89 SPACs have launched IPOs, according to data from SPACInsider. That’s the busiest year since 2021, when a record-setting 613 SPACs came to market during the height of the investment craze. SPACs are special purpose acquisition companies , which raise capital in…
The U.S. and China flags stand behind a microphone at the U.S. Embassy in Beijing on April 9, 2009. Frederic J. Brown | AFP | Getty Images U.S. and Chinese officials meet in Madrid on Sunday to hash over longstanding trade irritants, a looming divestiture deadline for Chinese short video app TikTok and demands by…
A TV monitor displays a picture of Tyler Robinson, the suspected of killing Charlie Kirk on September 11, in Orem, Utah, on September 12, 2025. Patrick T. Fallon | Afp | Getty Images As the search unfolded for conservative political activist Charlie Kirk’s assassin, with the suspect identified on Friday as Tyler Robinson, law enforcement…
A state visit always sends a buzz through the newsroom — and U.S. President Donald Trump’s trip to the U.K. next week looks set to deliver royal, political and business headlines, despite being his second such visit. U.S. President Donald Trump inspected an honour guard during a welcome ceremony at Buckingham Palace in central London…
Protesters attend an anti-immigration rally organized by British anti-immigration activist Stephen Yaxley-Lennon, also known as Tommy Robinson, in London on Sept. 13, 2025. Jaimi Joy | Reuters Thousands of demonstrators packed London streets for several blocks Saturday for a march organized by far-right activist Tommy Robinson. The “Unite the Kingdom” rally got underway as much…
Company: Performance Food Group (PFGC) Business: Performance Food Group is a food and foodservice distribution company that operates through three segments: foodservice, specialty (formerly “Vistar”), and convenience. Its foodservice segment distributes a line of national brands, customer brands, and its proprietary-branded food and food-related products to independent and multi-unit chain restaurants and other institutions. Its…
“Triumph of the Optimists” is a landmark history of investment returns during the 20th century. The story of past several weeks in markets could be called, “Redemption of the Cautious Optimists.” From the start of August, after a startling weak jobs report, the markets locked into investors’ preferred scenario: The Federal Reserve would soon lower…
The office building of international biopharmaceutical company AstraZeneca. Cfoto | Future Publishing | Getty Images Britain’s biggest company AstraZeneca has paused a planned 200 million pound ($271.26 million) investment in its Cambridge research site, a spokesperson said, the latest drugmaker to retreat from Britain. The decision on the investment, which had been set to create 1,000…
European defense startups are attracting swathes of private capital, as investors look for exposure to an industry on the cusp of receiving a leg-up from massive rearmament plans. Pressure from U.S. President Donald Trump , the ongoing Russia-Ukraine war and widespread geopolitical instability culminated in commitments from the European Union and the U.K. this year…
