Page 81 - Stk News Today

(Bloomberg) -- Open English, an online English school targeting Spanish speakers, is planning a U.S. initial public offering next year, according to people with knowledge of the matter.

Johnson & Johnson and Aspen Pharmacare Holdings Ltd have agreed on terms that may lead to a licensing deal allowing the SA drug company to make its own-branded Covid-19 vaccine and decide on the recipients of the doses it produces.

The Russian rouble recovered on Monday after sinking to a more than seven-month low on Friday, buffeted by swinging oil prices, geopolitical risk and the emergence of the Omicron strain of COVID-19, which has hurt risk appetite globally.

Flooring products maker Victoria Plc said on Monday it would buy the rugs division along with the UK polypropylene carpet and non-woven carpet businesses of Belgium's Balta Group NV for 138 million euros ($155.50 million).

Russia's No. 2 bank VTB will remain the controlling shareholder of grains business Demetra for at least another three years and could then consider floating it in an IPO, Chief Executive Andrey Kostin told Reuters.

Brazilian online lender Nubank is considering cutting the potential valuation of its initial public offering following a slump in technology stocks globally, Bloomberg News reported on Monday, citing people familiar with the matter.

(Bloomberg) -- In a change of tone over the world’s two biggest emerging markets, global investors overseeing billions of dollars are slowly starting to favor China versus India -- reversing a year-long trend that’s pushed stocks in opposite directions. 

(Bloomberg) -- OPEC+ is moving two technical meetings to later this week after oil’s rout last Friday and to give its committees more time to evaluate the impact of a new strain of the coronavirus.

(Bloomberg) -- Canada is following countries, from the U.S. to the U.K. and Hong Kong, in banning foreign nationals from seven southern African nations, amid concerns about a new Covid-19 variant.

(Bloomberg) -- It was supposed to be a quiet trading day in the U.S. that could easily be handled through post-Thanksgiving drowsiness. Instead, news spread Thursday night of an ominous new coronavirus variant, and traders braced for widespread losses on Black Friday.