Final week of September 2023 sees flurry of IPOs from SMEs
The final week of September, starting Monday, is set to witness a surge in Initial Public Offerings (IPOs) from several…
Dow futures slip marginally lower; hawkish Fed, budget woes weigh
U.S. stock futures traded marginally lower Monday, with investors still feeling the pressure of the Federal Reserve’s hawkish stance, while…
Amazon invests $4 billion in AI startup Anthropic, acquires minority stake
In an attempt to stay competitive in the rapidly growing artificial intelligence (AI) sector, Amazon (NASDAQ:AMZN) has announced a substantial…
OpenAI CEO says possible to get regulation wrong, but should not fear it
(Reuters) – The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation wrong but…
Stocks futures point lower; budget stand-off warnings – what’s moving markets
Stocks point into the red to begin the final trading week of September, although equities are feeling the pressure from…
EU regulators block Booking Holdings’ $1.7 billion acquisition of Etraveli Group
In a move that is set to shake the online travel agency market, the European Union’s merger regulators have halted…
EKI Energy shares slump amid financial setbacks, optimistic about recovery post COP 28
EKI Energy Services, a firm involved in carbon credits development and supply, saw a significant 10% drop in its shares…
Australian casino group Star Entertainment to raise $481 million in equity
(Reuters) – Australian casino operator Star Entertainment Group is tapping the capital markets for a second time in 2023 as…
Tesla’s Saudi Arabia expansion rumors dispelled by Musk: This week in EVs
Musk Denies reports of Saudi expansion Conflicting reports have emerged this week regarding Tesla’s (NASDAQ:TSLA) potential expansion plans in Saudi…
UBS Group sees positive trend in recouping funds withdrawn prior to Credit Suisse acquisition
The CEO of UBS Group AG (SIX:UBSG), Sergio Ermotti, has noted a promising trend in the recovery of funds that…