News Highlights: Top Company News of the Day
AstraZeneca Vaccine Gets Hit With More Setbacks in U.K., Europe
The U.K.'s vaccines advisory body said AstraZeneca's Covid-19
vaccine should preferably not be given to patients under 30
following concerns that it might cause potentially deadly blood
clots in very rare instances.
StockX Valued at $3.8 Billion, Lets Employees Sell Shares
The online marketplace notched a 35% jump in valuation in
selling $60 million of new stock.
Buyout Firms Team Up on More Than $15 Billion KPN Bid
The funds are preparing to conduct due diligence with the goal
of submitting a formal bid for the Dutch communications-services
provider this spring.
After Wirecard, Germany's Proposed Audit Overhaul Worries Finance Executives
Auditors and finance chiefs of some of Germany's biggest
businesses are worried that a new regulatory proposal intended to
improve audit quality in the wake of the Wirecard scandal will lead
to higher costs and less competition.
Tencent-Backed Anjuke Group Mulls Hong Kong IPO
Tencent-backed Anjuke Group has filed an application for an
initial public offering in Hong Kong, becoming the latest
technology firm to tap the active equity fundraising market in the
Asian financial hub.
Linklogis Set to Raise US$989M in Hong Kong IPO
Tencent-backed Linklogis will raise 7.71 billion Hong Kong
dollars in net proceeds from an initial public offering in Hong
Trip.com Starts Hong Kong Public Offering
Online travel platform Trip.com Group said it has started its
public offering of 31.64 million shares in its secondary listing in
Hong Kong, joining the list of U.S.-listed Chinese firms keen to
tap the active fundraising market in the Asian financial
Uniqlo Operator's Net Profit Rose on Strong Sales
Fast Retailing Co.'s first-half net profit rose 5.4% compared
with the same period a year earlier thanks partly to stronger sales
in Japan and China, marking a continued recovery from the Covid-19
CBS Cuts Ties With Executives Amid Allegations of Hostile Workplace
Top executives David Friend and Peter Dunn had been suspended in
January after a Los Angeles Times report.
Instacart and DoorDash Plan to Launch Their Own Credit Cards
JPMorgan will issue Instacart's rewards credit card and is
bidding for DoorDash's card, which the delivery companies hope will
help them retain users.
(END) Dow Jones Newswires
April 08, 2021 05:15 ET (09:15 GMT)
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