September 2016
Germany relies too heavily on exports
The German economy heavily relies on an anomalous trade surplus, said Peter Praet, a European Central Bank Executive Board member, and he urged the government to work toward lower taxes, higher wages and investment to […]
The U.S. IPO market is heating up
The U.S. IPO market is also heating up… There are nine new listings on the calendar over the next three days, marking the busiest week of 2016, and if next week’s proposed calendar comes through, […]
IPO Postal Savings Bank of China has raised over HK$57.6B ($7.4B)
Despite pricing its IPO near the bottom of expectations, Postal Savings Bank of China has raised over HK$57.6B ($7.4B), valuing its 12.1B shares at HK$4.76 each. It is the world’s largest IPO this year and […]
AT&T has discovered a new way to deliver high-speed broadband over electrical power lines
AT&T has discovered a new way to deliver high-speed broadband over electrical power lines, a method it claims would make it cheaper and easier to bring internet to hard-to-reach places. The company has filed patents […]
Replacements for only half of the 1M Galaxy Note 7 phones will be available today
Replacements for only half of the 1M Galaxy Note 7 phones recalled in the U.S. will be available in stores today. The rest will arrive at retail outlets by the end of the month. Samsung […]
Microsoft has announced plans to buy back up to $40B in stock and boost its dividend to $0.39
Microsoft has announced plans to buy back up to $40B in stock and boost its dividend by 8% to $0.39, the latest in a series of moves by the software giant to share a steady […]
Dubai Said to Seek $2.5 Billion Loans to Expand Metro for Expo
Dubai is seeking $2.5 billion in loans to finance a 15-kilometer (9-mile) extension of its above-ground metro line to the World Expo site, according to two people with knowledge of the plan. Banks submitted proposals […]
Say hello to Google Allo
Google (GOOG, GOOGL) is launching its latest attempt to catch up in mobile messaging, targeting a market that is quickly expanding to become one of the most important platforms in the industry. On its official […]