UPDATE 1-Online luxury fashion retailer Mytheresa jumps 37% in stock market debut
Mytheresa's shares jumped more than 37% in their U.S. market debut on Thursday, giving the German online luxury fashion retailer a market value of $3.08 billion.
Mytheresa's shares jumped more than 37% in their U.S. market debut on Thursday, giving the German online luxury fashion retailer a market value of $3.08 billion.
* Shares fall as much as 15% (Adds debt, reference to bank covenants)
Shares of Mytheresa jumped more than 37% in their U.S. market debut on Thursday, giving the German online luxury fashion retailer a market value of over $3 billion.
* Sales expected to rise 22-25% a year (Adds comments from CEO)
Italian caterer Autogrill is planning a rights issue of up to 600 million euros ($729 million) to strengthen its financial structure and size potential M&A opportunities, it said on Thursday, sending its shares down more than 13%.
AirAsia Group plans to undertake a private placement to raise up to 454.5 million ringgit ($113 million) to address immediate and near-term cash flow requirements, the Malaysian budget airline group said on Thursday.
Malaysian budget carrier AirAsia Group said on Thursday it planned to undertake a private placement of up to 20% of its total issued shares to strengthen its financial position.
Record producer Bob Rock has sold his share of rights from a catalogue of 43 songs, including heavy metal band Metallica's self-titled album and singer Michael Bublé's "Call Me Irresponsible" to Hipgnosis Songs Fund , the latest music insider to sell lucrative record catalogues as the explosion of online streaming attracts investors.
Record producer Bob Rock has sold his producer rights for a catalogue of 43 songs, including heavy metal band Metallica's self-titled album and singer Michael Bublé's "Call Me Irresponsible" to Hipgnosis Songs Fund .
Private exchange iSTOX, backed by Singapore Exchange and other investors, said on Thursday it is raising $50 million in its first major funding round, led by two Japanese state-backed firms.
Signing executive orders to tackle the coronavirus pandemic on Thursday, U.S. President Joe Biden said the U.S. death toll from the coronavirus will probably top 500,000 next month but vowed once again to move "heaven and earth" to get the "vaccine out the door as soon as possible" and inoculate 100 million Americans in 100 days.
President Joe Biden in his short time in office already has turned the page on some major legal battles that consumed former President Donald Trump's administration while also taking actions certain to ignite new ones likely headed toward the U.S. Supreme Court.