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Zalando Shares Drop 6% as BaFin Probes Disclosure in About You Deal
Stocks

Zalando Shares Drop 6% as BaFin Probes Disclosure in About You Deal

Zalando shares slid 6% after BaFin opened a review of its 2025 accounts over a possible disclosure slip related to its About You deal. The c

Marcus Devlin ·
Nuvation Bio Upsizes Convertible Note Deal to $250 Million, Sets Conversion at $7.84
Stocks

Nuvation Bio Upsizes Convertible Note Deal to $250 Million, Sets Conversion at $7.84

Nuvation Bio has upsized its convertible note sale to $250 million, using the proceeds to refinance a senior secured loan. The 0.75% notes d

Eleanor Whitfield ·
Volkswagen Weighs Up to 100,000 Job Cuts and Four German Plant Closures
Stocks

Volkswagen Weighs Up to 100,000 Job Cuts and Four German Plant Closures

Volkswagen is reportedly considering up to 100,000 job cuts and closing four German plants as part of a major restructuring. The plan could

Marcus Devlin ·
NetEase Upgrades Hong Kong Listing Status as Trading Shifts East
Stocks

NetEase Upgrades Hong Kong Listing Status as Trading Shifts East

NetEase is upgrading its Hong Kong shares from a secondary to a dual primary listing on June 30. The move follows an HKEX finding that over

Marcus Devlin ·
Honda CEO Survives Board Vote After $9 Billion EV Reset Triggers First Loss in 70 Years
Stocks

Honda CEO Survives Board Vote After $9 Billion EV Reset Triggers First Loss in 70 Years

Honda CEO Toshihiro Mibe kept his board seat after apologizing for the automaker's first yearly loss in seven decades. The loss stemmed from

Eleanor Whitfield ·
Tata Motors Dismisses Reports of Imminent Stellantis Partnership Deal
Stocks

Tata Motors Dismisses Reports of Imminent Stellantis Partnership Deal

Tata Motors Passenger Vehicles has cooled speculation about an imminent partnership with Stellantis, saying in a stock exchange filing that

Marcus Devlin ·
Vedanta Raises $1.75B in Bonds to Refinance High-Cost Debt, Cutting Coupon Costs
Stocks

Vedanta Raises $1.75B in Bonds to Refinance High-Cost Debt, Cutting Coupon Costs

Vedanta Resources' financing arm raised $1.75 billion in new US dollar bonds to buy back more than $2 billion of older, higher-coupon notes.

Eleanor Whitfield ·
Apple Supplier Lingyi iTech Rises in Hong Kong Debut After $1.1B IPO
Stocks

Apple Supplier Lingyi iTech Rises in Hong Kong Debut After $1.1B IPO

Lingyi iTech, a Chinese precision-parts supplier to Apple, rose in its Hong Kong debut after raising $1.1 billion. The strong performance su

Marcus Devlin ·
Beijing Tong Ren Tang Healthcare Investment Launches HK IPO with HK$671M Target
Stocks

Beijing Tong Ren Tang Healthcare Investment Launches HK IPO with HK$671M Target

Beijing Tong Ren Tang Healthcare Investment has launched a Hong Kong IPO targeting up to HK$671.2 million. Three cornerstone investors have

Marcus Devlin ·
Regis Resources Unveils First Resource Estimate for Beamish South, Shares Rise 3%
Stocks

Regis Resources Unveils First Resource Estimate for Beamish South, Shares Rise 3%

Regis Resources announced a first official resource estimate of 270,000 gold ounces at its Beamish South deposit in Western Australia. The c

Marcus Devlin ·
Core Lithium Spins Out Gold Assets into Axiant, Plans AU$8-10M IPO
Stocks

Core Lithium Spins Out Gold Assets into Axiant, Plans AU$8-10M IPO

Core Lithium is carving out its gold and other non-lithium exploration ground into a new company, Axiant Resources. Axiant plans an IPO to r

Eleanor Whitfield ·
Reformation IPO Filing Reveals Sales Growth Amid Profit Squeeze
Stocks

Reformation IPO Filing Reveals Sales Growth Amid Profit Squeeze

Reformation's IPO filing shows revenue rose to $507.1 million, but net profit dropped to $12.6 million. The sustainable fashion retailer fac

Eleanor Whitfield ·