Germany’s Birkenstock set for US listing after $1.5 bln IPO

Germany’s Birkenstock set for US listing after $1.5 bln IPO

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing Rights Oct 11 (Reuters) – LVMH-backed Birkenstock (BIRK.N) was set to list its shares on the New York Stock Exchange on Wednesday after the German luxury sandal maker notched a … Read more

Birkenstock prices US IPO conservatively at $46 per share

Birkenstock prices US IPO conservatively at $46 per share

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing Rights NEW YORK, Oct 10 (Reuters) – German premium footwear Birkenstock Holding (BIRK.N) chose to price its U.S. initial public offering (IPO) conservatively at the middle of its indicated price … Read more

Dolphins RB De’Von Achane could miss multiple games – NBC 6 South Florida

Dolphins RB De’Von Achane could miss multiple games – NBC 6 South Florida

Miami Dolphins rookie running back De’Von Achane suffered a knee injury during the team’s 31-16 victory over the New York Giants. Now, ESPN’s Marcel Louis Jacques reports that Achane could miss multiple games and is a possible candidate for injured reserve. “He’s kinda dealing with it. It’s more of his knee and we’re evaluating it. … Read more

World Bank’s Banga faces pressure on resources, shareholder schisms

World Bank’s Banga faces pressure on resources, shareholder schisms

Ajay Banga, World Bank president, participates in global infrastructure and investment forum in New York, Thursday, Sept. 21, 2023. Seth Wenig/Pool via REUTERS/File Photo Acquire Licensing Rights MARRAKECH, Morocco, Oct 9 (Reuters) – World Bank President Ajay Banga will come under pressure this week to focus on climate change, but the former Mastercard CEO first … Read more

Analysis: When, not if, Europe copies Wall Street share trading reform

Analysis: When, not if, Europe copies Wall Street share trading reform

Wall Street due to change to one day settlement in May Shorter time could increase competitiveness of EU markets Could be complex due to numbers of institutions involved LONDON, Oct 5 (Reuters) – The European Union, Britain and Switzerland have little choice but to copy Wall Street in speeding up share trading, though it will … Read more

Japan pledges $1 billion for UN climate change fund

Japan pledges $1 billion for UN climate change fund

People arrive to attend the Pledging Conference of the Green Climate Fund (GCF) for the First Replenishment in Paris, France, October 25, 2019. REUTERS/Pascal Rossignol/File photo Acquire Licensing Rights BRUSSELS, Oct 5 (Reuters) – Japan will put up to 165 billion yen ($1.11 billion) into the United Nation’s main fund for helping vulnerable countries cope … Read more

Why a rout in government bonds is worrying

Why a rout in government bonds is worrying

LONDON, Oct 3 (Reuters) – The world’s biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes hold. In the U.S. Treasury market, the bedrock of the global financial system, 10-year bond yields have shot up to 16-year highs. In Germany, they touched their … Read more

Morning Bid: Shutdown, oil, auctions and China rankle

Morning Bid: Shutdown, oil, auctions and China rankle

The U.S. Capitol Building is seen in Washington, U.S., August 31, 2023. REUTERS/Kevin Wurm/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets by Mike Dolan After the worst week since March on Wall St, three issues keep the pressure – a possible U.S. government shutdown at the end … Read more

German business sentiment worsens in September -Ifo

German business sentiment worsens in September -Ifo

A steel worker of ThyssenKrupp walks in front of a blast furnace at a ThyssenKrupp steel factory in Duisburg, western Germany, November 14, 2022. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights BERLIN, Sept 25 (Reuters) – German business morale deteriorated slightly in September, falling for the fifth month in a row, a survey showed on Monday. … Read more

Condor launches direct flights from Frankfurt to Mombasa

Condor launches direct flights from Frankfurt to Mombasa

A German leisure and vacation airline has launched direct flights from the city of Frankfurt to Mombasa. Condor has been flying into Kenya for about 20 years now but only as a charter to Mombasa. Speaking during a meeting with travel agents at a hotel in Nairobi, Condor General Manager for Kenya and Tanzania Lilian … Read more