Tag: sources say
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Shein scheduled for Hong Kong IPO hearing on Thursday, sources say
LONDON/HONG KONG, July 13 : Fast-fashion retailer Shein is scheduled for a Hong Kong initial public offering hearing with the city’s stock exchange on Thursday, two sourceS with knowledge of the matter said, a step which will bring it closer to its much-awaited market debut. The fast-growing commerce company
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SK Hynix options to trade two business days after Nasdaq debut, sources say
July 10 : U.S. exchange operators including Cboe Global Markets and Nasdaq expect to list options on SK Hynix’s U.S.-listed shares two business days after the stock’s trading debut, two sources familiar with the matter told Reuters on Friday.The South Korean chipmaker , which raised $26.5 billion in share sal
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Exclusive-Software firm CCC exploring sale, sources say
NEW YORK, July 9 : CCC Intelligent Solutions, a provider of software and AI-powered workflow tools, is exploring a sale of the company, according to three people familiar with the matter.The Chicago-based company has hired Morgan Stanley to advise on a sale process and has reached out to prospective buyers, i
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US states could sue next week to block Paramount-Warner Bros deal, sources say
July 8 : U.S. states concerned that Paramount’s $110 billion acquisition of Warner Bros. Discovery will hurt competition could sue to block the deal as soon as next week, two sources familiar with the matter told Reuters.The sources did not specify the type of competition that the states were concerned about
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FIFA mulling kickoff time changes for Mexico-England and Brazil-Norway, sources say
MEXICO CITY/NEW YORK, July 3 : FIFA is considering changing the kick-off times of two World Cup last-16 matches on Sunday as severe weather, including a risk of flooding, in Mexico City threatens to disrupt the schedule, sources familiar with the matter told Reuters.Mexico’s match against England at the Est
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Japan likely reaped record tax revenues last year, sources say
TOKYO, July 2 : Japan’s tax revenue likely exceeded 84 trillion yen ($516.92 billion) in fiscal 2025 to hit a record for the sixth straight year, two government sources said on Thursday.The increase may help Prime Minister Sanae Takaichi’s administration reduce its reliance on fresh debt issuance to fund big
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Exclusive-Binance set to lose permission to operate in EU, sources say
FRANKFURT, June 16 : Binance, the world’s largest crypto exchange, is set to lose permission to serve European Union clients from next month because its licence application is about to be rejected, two people familiar with the matter told Reuters.Under new EU rules, called MiCA, crypto firms have until the e
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Roku is exploring strategic options, including a sale of the company, sources say
June 12 : Roku Inc is exploring its strategic options, including a full sale of the company, according to six people familiar with the matter, amid interest from companies seeking access to its vast streaming audience and advertising platform.The company, whose shares jumped 22 per cent, has held discussio
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Google and Meta denied new trial in youth social media addiction case, sources say
June 10 : A California state court judge denied motions by Meta Platforms and Google’s YouTube seeking a new trial after a jury found them liable for designing social media platforms that are harmful to young people, sources familiar with the ruling confirmed on Wednesday.Los Angeles Superior Court Judge Car
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SpaceX IPO running at two times oversubscribed, sources say
NEW YORK, June 5 : – SpaceX has drawn investor demand that is about double the $75 billion it is seeking to raise next week in its IPO, or $150 billion, said two people familiar with the matter on Friday. An oversubscription rate of two times would be considered modest for most highly anticipated market…
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