Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.German medical technology company Brainlab has postponed its planned stock market listing just two days before its scheduled debut, marking the latest setback for Europe’s struggling IPO market.Bookrunners had already signalled on Monday that the company’s initial public offering would price at the bottom of the indicated €80 to €100 range, which would have valued the company at €1.7bn. While the order book was said to be multiple times oversubscribed at that level, bankers had hoped Brainlab’s focus on artificial intelligence and…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.If water always finds a way, as the saying goes, then the same is true for financial ingenuity. A UK fund launched this week aims to generate returns for its pension fund backers from restoring natural resources and getting the companies who benefit to pay. There’s something to this idea, if it can navigate the problems that tend to vex green finance, such as fuzzy definitions and fears of dirty data. So-called nature positive finance — the preserving and restoring of nature…
This is an on-site version of the White House Watch newsletter. You can read the previous edition here. Sign up for free here to get it on Tuesdays and Thursdays. Email us at whitehousewatch@ft.comWelcome to White House Watch. I’m your host for today. We’ll be off on Thursday but back in your inbox next week. On today’s agenda: A ‘big, beautiful’ update The latest threat to Harvard Another looming deadline Donald Trump’s top legislative priority, passing his flagship tax and spending bill, is inching closer to reality — but some significant obstacles remain. Here’s the state of play at 9am in Washington: After…
Equities markets are increasingly trending toward 24-hour trading. The SEC approved a national securities exchange application from 24X National Exchange in November 2024, paving the way for a new exchange with extended trading hours beyond what is currently on offer. Even preexisting exchanges like the Nasdaq and the New York Stock Exchange (NYSE) are moving in this direction; the NYSE announced in October 2024 that it would extend trading hours on the NYSE Arca Equities Exchange to 22 hours per day. For investors, this may change the calculus of how to go about managing a portfolio and participating in trades. For…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Warner Music is in talks to acquire the Red Hot Chili Peppers’ catalogue for more than $300mn, as the record label seals a $1.2bn joint venture with private equity group Bain Capital to make a big push into buying song rights. Talks to acquire the rock group’s repertoire — which includes hits such as “Californication” — are ongoing, according to people familiar with the matter, who cautioned a deal might not materialise. A deal would be a coup for the partnership between…
An initial public offering (IPO) is the process by which a privately-owned company becomes publicly traded on a stock exchange. This process is sometimes referred to as “going public” and allows outside investors to buy shares in the company for the first time, officially turning it into a public entity. But how is the IPO share price determined and is it fair? The answer involves a mix of financial analysis, market conditions, and investor psychology. Understanding the components of IPO pricing can help early investors make smarter decisions. Key Takeaways IPO valuations are influenced by market demand, industry comparables, projected…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A psychedelic nasal spray requiring a much shorter period of clinical supervision has shown promise against treatment-resistant depression, giving biotechs hope that this type of drug will become a viable option for healthcare systems to use for mental health conditions. Atai Life Sciences and Beckley Psytech announced on Tuesday that patients in their trial of mebufotenin benzoate — based on a compound found in many plants and the venom of the Colorado River toad — demonstrated “clinically meaningful” reductions in depressive symptoms that…
The concept of internship has been around for centuries. Laborers would mentor new, young workers in medieval times, teaching them their trades. The workers would commit to an employment arrangement with the laborers in exchange for the training. The most significant difference between then and now may be that work commitment. Modern-day internships don’t come with the promise of an eventual paying job. However, the bottom line remains the same: The ultimate goal is to turn the experience into long-term, paid employment. Key Takeaways Internships provide work experience, training, and knowledge in the intern’s chosen field.It’s estimated that 70% of…
Surprisingly, the Israeli-Iran crisis did not propel gold prices higher. Source link
This article is an on-site version of our Chris Giles on Central Banks newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersIt is hot and the top central bankers have arrived in Sintra, Portugal for the European Central Bank’s annual forum. I am also there and will report on relevant papers and discussions next week. At the start of the conference, the ECB announced the result of its five-year strategy review (more on that later). But one of the key themes for central…