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Ant Group wins approval for Shanghai IPO

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Wednesday, China's regulator has granted its approval for Ant Group's planned listing in Shanghai, potentially the biggest IPO in the world, beating the record by the Saudi Aramco $29.4B float last December.
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21 Oct 2020

Prada names new diversity chief

On Wednesday, Italy's Prada announced it had named Malika Savell as the luxury group's chief diversity officer for North America, amid its plan to make the company more inclusive.

21 Oct 2020

Gap considers shutting some EU stores

Gap Inc is looking at shutting down stores in some EU countries, as the company aims at saving cash amid its battle with a sales drop caused by the coronavirus crisis.

21 Oct 2020

Verizon tops forecasts for paid users

On Wednesday, Verizon Communications topped forecasts by adding more monthly paid subscribers than anticipated amid rising demand during the work-from-home period.