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Cobalt Holdings plans London’s biggest IPO in two years
[LONDON] Cobalt Holdings unveiled plans for an initial public offering in London in what could potentially be the biggest UK first-time share sale in more than two years.The firm,...
Skechers Strikes $9.4 Billion Deal to Go Private—The Biggest Footwear Buyout Ever
Skechers, the well-known U.S. shoe brand, is set to exit the stock market after 26 years. This follows a massive $9.4 billion buyout agreement with investment firm 3G Capital....
Skechers to go private for US$9.42 billion in biggest sneaker industry deal
[BENGALURU/NEW YORK] Skechers has agreed to be taken private by 3G Capital for US$9.42 billion in the footwear industry’s biggest buyout to date, exiting public markets after 26 years...
Oil posts biggest weekly loss in a month ahead of Opec+ meeting
[NEW YORK] Oil prices fell more than 1 per cent lower on Friday (May 2) and recorded their biggest weekly losses since the end of March, as traders turned...
Oil Prices Fall Sharply in April, Marking Biggest Monthly Drop Since 2021
The global oil market has faced sharp swings due to geopolitical tensions, economic shifts, and changing energy demand. After the COVID-19 pandemic caused major disruptions, new challenges like trade...
Biggest US dollar slump since 2022 hints at more losses ahead
[SINGAPORE] The US dollar posted its worst month since 2022 after global investors cut back on US assets, with options markets still flashing warning signals.A gauge of the greenback...