Hong Kong’s Picky IPO Issuers Rewrite Playbook for Allocations

Europe's largest carmaker Volkswagen plans to slash an additional 50,000 jobs as it struggles to compete with cheaper Chinese rivals. Melanie Boeff explains. (Source: Bloomberg)

US retail diesel rose to a record, threatening to further spike energy-driven inflation as wars in Iran and Russia roil the market. The widely used fuel climbed to a nationwide average of $5.85 a gallon at the pump on…

Nigerian billionaire Aliko Dangote is looking to raise $1.6 billion in the initial public offering for his refinery, Africa’s largest.

Designer Jeff Banks visited Affleck’s Palace, an indoor emporium selling vintage clothing.

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading…

Blue Owl Technology Finance Corp. raised $150 million through a private placement, its third financing since June, the software-focused private credit fund said Friday.