Markets
UzNIF debuts on London market in first international Uzbek IPO
The IPO generated more than $2.8 billion (€2.6bn) in investor demand and raised around $603 million (€540m). Officials at the London Stock Exchange described the listing as a landmark moment for Uzbekistan’s access to international capital markets.
Business
Intel shares soar 20% as AI demand fuels first quarter earnings beat
Intel posted first-quarter results that beat expectations, sparking a 20% rise in its share price in after-hours trading. The US government's stake in the company, acquired under the Trump administration, is up nearly 300%.