Wall Street rally sets the stage for big IPO year in 2018A relentless bull-run in US stock indexes this year has set the stage for a strong IPO market in 2018, with several multi-billion dollar firms including Airbnb and Spotify widely expected to grab head...
Qatari dairy company battling Arab boycott to go public next yearQatari dairy company battling Arab boycott to go public next yearDOHA: Qatari company Baladna, which is creating a dairy industry in the desert to help the country to cope with a boycott by other Arab states, is planning an initial public offer of its shares (IPO)...
German military kicks off heavy lift helicopter competition: source BERLIN: Germany’s military has approved plans to buy 45 to 60 new heavy-lift helicopters, kicking off a competition between the two largest US weapons makers for the contract worth nearly 4 billion e...
Big US banks engage universities to fill unglamorous banking jobsBanks are grappling with how to recruit young people into businesses like trade finance and cash management, which are increasingly important drivers of revenue but perceived to be un-sexy compared wi...
Aston Martin owners rev up for 2018 exit with Lazard hireLONDON: Aston Martin’s owners have hired Lazard to prepare for a stock market listing or sale of the British sportscar maker made famous by fictional spy James Bond, sources familiar with the matter t...
US says did everything possible to help Italy cyber investigation ROME: The United States has denied suggestions it undermined an investigation into a massive data breach at the Italian cybersecurity firm Hacking Team, saying it did everything it could to hel...
Thar coal cheapest option in the energy supply chainISLAMABAD: The Businessmen Panel of the FPCCI on Saturday said that Thar coal was cheapest option for power generation in the energy supply chain. Commercial production of electricity from Thar coal w...
Political deadlock pulls index downKARACHI: KSE-100 Index declined by 434 points week-on-week to 38,646 points owing to 3.6% WoW slide in PKR/USD and deadlock on Delimitation Act which could delay general elections. Pakistani rupee dep...