Chinese online group discounter Pinduoduo Inc priced its U.S. IPO at $19 per American depositary share (ADS), raising $1.63 billion in the second-biggest U.S. float by a Chinese firm this year, according to sources.
Casino shares rose sharply on Wednesday, which traders attributed to Goldman Sachs declaring a stake in the French supermarket retailer and to an upbeat note on the stock from analysts at Deutsche Bank.
Walmart said on Monday that it has sold an 80 percent stake in its Brazilian operations to private equity firm Advent International, exiting an underperforming business in its third major international deal since April.
Citi Retail and Sears Holdings announced on Tuesday the extension of a 15-year credit card partnership, amounting to a $425 million cash injection for the U.S. retailer, as part of the 'Shop Your Way Mastercard' program.
Robust earnings from Tencent Holdingssent its market value surging by as much as $34 billion on Thursday, helping the Chinese technology giant briefly reclaim the mantle of Asia’s most valuable listed company.