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UPDATE 1-Tech group Solutions 30 brings forward business update to May 21

By Reuters Staff
(Adds detail and background)
PARIS, May 19 (Reuters) - Solutions 30 on Wednesday said it would issue a business update on May 21, not May 25 as planned, after France’s AMF market regulator called on the technology services group to publish its results.
Shares in Solutions 30, which is headquartered in Luxembourg and listed in Paris, have been suspended since May 10.
The company, which has a stock market value of around 1.1 billion euros ($1.4 billion), has filed a defamation suit against hedge fund Muddy Waters in response to a critical report by the short seller, which has a position betting on a fall in Solutions 30’s share price. ....

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Energy, gold stocks push Australian shares higher

By Reuters Staff
2 Min Read
May 17 (Reuters) - Australian shares rose on Monday, driven by gold stocks on higher bullion prices, while Ampol and Viva Energy lifted the energy index after both fuel suppliers received a massive government funding to keep their refineries open.
The S&P/ASX 200 index was up 0.4% at 7,038.5 points, as of 0057 GMT. While the benchmark gained 0.5% on Friday, it clocked its biggest weekly drop since Feb. 26.
Energy stocks rose as much as 2.1% and eyed their best session in nearly two months, benefiting from a jump in Ampol Ltd and Viva Energy, while higher oil prices also helped. ....

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Indonesia's Gojek, Tokopedia merge to create tech giant

Indonesian ride-hailing and payments firm Gojek and e-commerce leader Tokopedia are merging to create a multi-billion dollar tech company called GoTo in the country's largest-ever deal, as rivals bulk up in the fast-expanding sector. ....

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UPDATE 1-Taiwan upbeat on economic prospects despite COVID-19 spike

Taiwan's economic prospects are bright and growth this year will come in as expected so long as the COVID-19 situation can be quickly brought under control, the government said on Sunday, pointing to limited impact from a recent spike in cases. ....

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Exclusive: Personal finance startup NerdWallet files for U.S. IPO - sources

2 Min Read
FILE PHOTO: Stock Exchange is seen over an entrance to the New York Stock Exchange (NYSE) on Wall St. in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid/File Photo
(Reuters) - NerdWallet Inc, the owner of the eponymous consumer financial advice website, has confidentially submitted paperwork to U.S. regulators for an initial public offering (IPO), people familiar with the matter said on Friday.
NerdWallet has hired a group of investment banks, led by Morgan Stanley, to arrange the IPO and is aiming to go public before the end of the year, the sources said. The San Francisco-based company could seek a valuation of as much as $5 billion, two of the sources added. ....

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