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ZURICH (Reuters) - Shoe firm ON Running, backed by Swiss tennis star Roger Federer, is preparing for a U.S. stock market listing as early as this autumn in a deal valuing the firm at about $5 billion, people close to the matter said.
IT wasn’t the introduction to high finance that Adi Patel had once anticipated.
NEW YORK: Crude oil prices rose more than 1% on Wednesday, after U.S. distillate inventories posted a large drawdown and refiners ramped up activity to the highest in over a year, boosting hopes for rising fuel demand in the world's top oil consumer.
(Reuters) - Wealthfront will start allowing clients to invest in cryptocurrencies later this year, the U.S. digital wealth manager said on Wednesday, in the latest sign of growing acceptance of digital assets by mainstream finance.
FRANKFURT: Deutsche Bank posted a better-than-expected net profit for the first quarter as strength at its investment bank helped offset headwinds from restructuring and the pandemic.
BENGALURU (Reuters) - India's giant IT firms in Bengaluru and other cities have set up COVID-19 "war-rooms" as they scramble to source oxygen, medicine and hospital beds for infected workers and maintain backroom operations for the world's biggest financial firms.
NEW YORK/TOKYO: Ethereum, the world's second largest cryptocurrency in terms of market capitalisation, touched a new peak on Wednesday, with participants citing media reports about the European Investment Bank's plans to launch a "digital bond" sale on the ethereum blockchain network.
CANBERRA (Reuters) -Australia will spend A$747 million ($580 million) to upgrade four northern military bases and expand war games with the United States, Prime Minister Scott Morrison said on Wednesday.
NEW YORK/TOKYO (Reuters) - Ethereum, the world's second largest cryptocurrency in terms of market capitalisation, touched a new peak on Wednesday, with participants citing media reports about the European Investment Bank's plans to launch a "digital bond" sale on the ethereum blockchain network.
LONDON: Investors looking to gauge the strength of the global recovery need look no further than metals markets.