By Niket Nishant and Manya Saini (Reuters) -The U.S. IPO market has bounced back strongly in 2024 after a nearly two-year dry spell, driven by receding recession fears and a searing rally in stocks. Still, investor preference for companies with a clear path to profitability has kept enthusiasm in check, with analysts expecting a recovery…
(Reuters) -Shares of BKV rose 3.1% in their debut on the New York Stock Exchange on Thursday, giving the U.S. natural gas producer a market capitalization of $1.56 billion. The beginning of the U.S. Federal Reserve’s long-awaited interest rate-cutting cycle has opened a window of opportunity for companies looking to list their shares. Some are…
By Steve Holland and Patricia Zengerle WASHINGTON (Reuters) – U.S. President Joe Biden announced more than $8 billion in military assistance for Ukraine on Thursday to help Kyiv “win this war” against Russian invaders, using a visit by President Volodymyr Zelenskiy to make a major commitment. The aid includes the first shipment of a precision-guided…
(Reuters) – The Federal Communications Commission on Thursday finalized a $6 million fine for a political consultant over fake robocalls in imitating President Joe Biden that sought to dissuade people from voting for him in a New Hampshire’s primary election. In May, Steven Kramer, a Louisiana Democratic political consultant was indicted in New Hampshire over…
