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Markets

Reddit IPO raises $748 million as it sells in-demand shares

Social platform Reddit has priced its shares at the top of a market range, bringing the firm's value to $6.4 billion (€5.9 billion).

Business

Reddit's fans set to grabbit as supporters pile in for stock

The social media platform plans to go public on Thursday looking to raise up to $748 million through the sale of 22 million shares.

Economy

Ranked: Which cities are Europe’s best financial hubs?

The US has five financial centres in the global top 10 while Europe only pulls in two, but how do European cities rank among themselves?

Business

Reddit set to go public: Shares from $31 expected this month

Social media company Reddit is expected to become public this month. The San Francisco-based company said on Monday it is looking to raise almost $750 million (€686 million) in an initial public offering of its common stock.

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Markets

Online retail giant Shein could provide London's biggest-ever IPO

UK Chancellor Jeremy Hunt met the chairman of the online retail giant and talked about its potential listing in the UK.

Markets

Amazon joins Apple and Walt Disney in the 'elite' club of stocks

The e-commerce giant will replace drugstore operator Walgreens Boots Alliance on the Dow, before the opening of trading on Monday.

Markets

Lyft shares rocket 62% over a typo in the company's earnings release

Lyft shares jumped 62% after the closing bell on Tuesday thanks in part to a typo in the ride-hailing company’s earnings release that appears to have sent investors' auto-trading algorithms - or “bots” - into a buying frenzy.

Markets

Travel giant TUI to leave London Stock Exchange in favour of Germany

Shares in German travel giant TUI were trading lower on Wednesday morning on the London Stock Exchange as the company announced it will leave the exchange.

Markets

Who are the GRANOLAS? A look at Europe's 'Magnificent Eleven' stocks

Goldman Sachs shines a light on Europe's market leaders, dubbed the 'GRANOLAS', echoing the 'Magnificent Seven' of Wall Street. With a combined market cap exceeding €2.6 trillion, these firms continue to dominate sectors and outperform in European markets.

Markets

Novo Nordisk crossroads: Can the pharma giant address the supply woes?

Novo Nordisk faces a pivotal moment as it grapples with supply issues amid soaring demand for its weight-loss drugs. Despite impressive financial gains and market dominance, the Danish pharma giant must navigate a critical decision.

Markets

European shares rise as S&P 500 hits record high as earnings thrill

Shares climb in Europe as the S&P 500 hits the 5,000 level for the first time as strong financial results continue.

Markets

AstraZeneca shares tumble despite posting strong sales for cancer drug

Shares in AstraZeneca were down nearly 4% on the London Stock Exchange on Thursday morning after reporting its latest financial results.

Business

Shares flying high for Athens Airport after Greek stock exchange debut

Greece put up a 30% stake in Athens International Airport SA, subsequently drawing strong investor interest.

Business

Drugmaker Novo Nordisk reaches market value of $500 million

Demand for obesity drugs has pushed Novo Nordisk's share price to new highs.

Markets

Flutter starts trading on NYSE: Will it stick with London too?

As Flutter moves over to the US, there's questions over whether the company will now end its London listing.

Business

SAP plans to 'transform' 8,000 jobs due to AI-driven business

One of Europe’s biggest tech companies is restructuring 8,000 jobs in an effort to shift their focus to AI.

The Big Question

Why are US exchanges more appealing to European companies?

NYSE Vice Chair John Tuttle discusses why European companies are opting for US stock exchanges and how the upcoming US elections will impact the IPO market.

United Kingdom

London police arrest six over stock exchange plot

Arrests were made in London, Liverpool and Brighton following a police investigation after receiving a tip from a British newspaper about the alleged plan.

Markets

Weekly markets wrap: European shares dip ahead of non-farm payrolls

European markets were somewhat downbeat this week, due to disappointing economic data and upcoming US non-farm payrolls

Business

European stocks hit a 23-month peak to start the new year

Euronews Business breaks down the latest stock markets figures