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 Kong. Starts Hong Kong Public Offering 

Online travel platform 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 center.

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 pandemic.

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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