Author: webmeister

The world’s biggest brewer may resurrect its massive Hong Kong IPO

Anheuser-Busch InBev has resumed its application to list its Asia business in Hong Kong, two months after pulling what would have been the biggest IPO of the year.

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European Central Bank launches new bond

The European Central Bank (ECB) announced a massive new bond-buying program Thursday in a bid to stimulate the ailing euro zone economy.

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Oracle C.E.O. Mark Hurd Is Taking a Medical Leave – The New York Times

The software giant said a week before its annual conference that Mr. Hurd, one of its two chief executives, would step away.

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Aurora Cannabis -10% as Q4 revenues, margins fall shy – Seeking Alpha

Aurora Cannabis (NYSE:ACB) is down 9.9% postmarket after revenues and margins disappointed in its fiscal Q4 earnings report. Revenues rose 52% sequentially to just under C$99M, but fell C$4.6M short

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LSE’s long history of failed mega deals – Border Counties Advertizer

The Hong Kong Exchanges and Clearing proposed bid could threaten the LSE’s planned tie-up with data provider Refinitiv.

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Aurora Cannabis Stock Tumbles in After-Hours Trading Even After Pot Sales Rise – MarketWatch

Aurora’s stock slid more than 10% after the company reported June earnings, sustaining the blue mood that’s afflicted pot stocks this year.

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WeWork will manufacture glass and aluminum walls in New Jersey – Business Insider

The company is hiring about 50 people to work at a New Jersey manufacturing plant to make its signature aluminum and glass parts.

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LSE’s long history of failed mega deals – Border Counties Advertizer

The Hong Kong Exchanges and Clearing proposed bid could threaten the LSE’s planned tie-up with data provider Refinitiv.

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LSE receives surprise £31.6bn takeover approach from Hong Kong rival – Border Counties Advertizer

Hong Kong Exchanges and Clearing said the tie-up would create a ‘global market infrastructure leader’.

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Forever 21 Plans to File for Bankruptcy as Many Retailers Struggle – The Wall Street Journal

The retail chain has faced a cash crunch for months, according to people familiar with the matter.

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