Experts brace for surge in IPO activity in 2017
The planned initial public offering of Snap that could raise as much as $25 billion early next year could mark a rebound in the IPO market driven by startups with private market valuations of $10 […]
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Approval given for Chinese takeover of Chicago exchange
The Committee on Foreign Investment in the US has approved Chicago Stock Exchange’s takeover by a Chinese consortium led by Chongqing Casin Enterprise Group. The deal still needs to be approved by the Securities and […]
Twitter adds live-video feature
Twitter users needn’t install the company’s Periscope app to broadcast live video with Twitter’s new feature for Android and iOS. The option now matches the live-video feature on Facebook, although it raises questions about the […]
Food-safety startup Clear Labs raises $13M
Clear Labs, a genomic data platform hoping to stop E-coli outbreaks in your favorite burrito chain before they start, has pulled in $13 million in Series B funding to build a next-generation sequencing-based (NGS) microbiome […]
Singapore expected to miss growth targets
A survey of local economists by the Monetary Authority of Singapore shows a widespread expectation that GDP will grow 1.4% this year, falling short of the targeted 1.8%, along with a worse-than-predicted decline in non-oil […]
Investors brace for market volatility, survey finds
The top concern among institutional investors for the coming year is increased market volatility, a survey by Natixis Global Asset Management found. Among respondents, 65% said geopolitical events would drive volatility, 38% pointed to US […]
Basel Committee reportedly softens bank capital rules
The Basel Committee on Banking Supervision softened capital rules for banks to help ease European concerns that more restrictions will hurt lending, sources said. The panel, which met in Chile last month to complete the […]
Slow Brexit could lead to banking job losses
Tens of thousands of banking jobs will leave the UK if the country doesn’t come up with a transitional deal governing its withdrawal from the EU, according to a report from the British House of […]
