London
Fast fashion retailer Shein confidentially files for London IPO
Shein sign during its opening, at ABC Serrano, on 26 April, 2024 in Madrid, Spain. Alejandro Martinez Velez | Europa Press | Getty Images Shein, the fast fashion giant with links to China, has confidentially filed for a public listing in London as it faces backlash in the U.S., a person familiar with the matter […]
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Experts say Shein’s U.S. IPO is all but dead
The Shein logo can be seen on a smartphone, while the Chinese online retailer’s website is open on a laptop. Monika Skolimowska | Picture Alliance | Getty Images China-founded e-commerce company Shein’s hopes of going public in the United States are growing slimmer by the day, according to experts, as rising tensions between Beijing and […]
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Europe stocks decrease Carlsberg down 8% following bid rejected British isles retail gross sales defeat forecast
LONDON — European shares were reduce Friday early morning as investors monitored a slew of central financial institution selections and data releases. The pan-European Stoxx 600 index experienced prolonged losses to .85% by 11 a.m. in London, with bank stocks tumbling 1.8%. Carlsberg shares fell 8% soon after U.K. delicate drinks maker Britvic confirmed it […]
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European markets blended FTSE ticks up right after United kingdom inflation falls
Purchasers move together the key large avenue in Whitstable, United kingdom. Bloomberg | Bloomberg | Getty Photographs LONDON — European shares had been blended Wednesday, getting rid of the optimistic momentum seen during the former buying and selling session. The Stoxx 600 index hovered around the flatline, down .02% by 1:04 p.m. London time, with […]
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Inside Europe’s tech hubs: Does London have what it takes to remain No. 1?
The U.K. is the No. 1 country in Europe for tech by many accounts. In 2023, British startups raised $21.3 billion, their third-highest total on record, according to a report from Dealroom and HSBC Innovation Banking. It’s the No. 1 location in Europe for funding — with France coming in second, raising $9.2 billion last […]
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Millionaires are abandoning the British isles in droves, new investigation exhibits
Zhangkun | Second | Getty Visuals LONDON — A file quantity of millionaires is expected to leave the United Kingdom this year, in accordance to new analysis, with this year’s standard election predicted to further exacerbate the exodus. The Henley Non-public Prosperity Migration Report suggests that Britain will encounter a web loss of 9,500 high-web-truly worth […]
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European marketplaces larger following choppy begin to the 7 days
A stock trader appears to be at his screens in the trading area of the Frankfurt Stock Trade. Anxieties about a new coronavirus mutation in southern Africa have dealt a main blow to the German inventory market. Arne Dedert | Picture Alliance | Getty Photographs LONDON — European stocks ended up larger Tuesday after a […]
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Top 10 most expensive cities for expats in 2024
Hong Kong retained its pole position as the world’s most expensive city for expats in 2024, according to Mercer. Chunyip Wong | E+ | Getty Images Asia’s biggest financial hubs have once again clinched the top spots for being the costliest cities for international workers to live in, according to Mercer. Hong Kong was ranked […]
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Taylor Swift’s London Eras Tour could delay Bank of England rate cut, analysts say
Taylor Swift performs on stage during during “Taylor Swift | The Eras Tour” at Anfield on June 13, 2024 in Liverpool, England. Gareth Cattermole/tas24 | Getty Images Entertainment | Getty Images LONDON — Taylor Swift’s record-shattering Eras Tour is continuing to supercharge consumer spending as it enters it U.K. leg, suggesting that the Bank of […]
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Europe stocks lower to cap off losing week as France’s CAC 40 tumbles more than 2%
This picture taken in Paris on March 3, 2024 shows the silhouette of the Eiffel Tower and the city skyline against a cloudy weather. (Photo by Stefano RELLANDINI / AFP) (Photo by STEFANO RELLANDINI/AFP via Getty Images) Stefano Rellandini | Afp | Getty Images LONDON — European stocks tumbled on Friday, rounding off a choppy […]
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