Bhinneka News Online: Reuters Before the Bell: Tradeweb Markets plans to raise up to $709 million in IPO

Monday 25 March 2019

Reuters Before the Bell: Tradeweb Markets plans to raise up to $709 million in IPO

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Monday, March 25, 2019

Tradeweb Markets plans to raise up to $709 million in IPO

Tradeweb Markets Inc, an electronic trading platform for bonds and derivative instruments, said on Monday it is planning to raise up to $709 million in an initial public offering.

Goldman Sachs UK unit reports gender pay gap of 51 percent

Goldman Sachs's British business on average paid women 51 percent less than men per hour in 2018, the U.S. investment bank said on Monday, down from 56 percent the year before.

Boeing sets briefing on 737 MAX as Ethiopian carrier expresses confidence in planemaker

Boeing Co will brief more than 200 global airline pilots, technical leaders and regulators this week on software and training updates for its 737 MAX aircraft, as Ethiopian Airlines expressed confidence in the planemaker despite a recent crash.

Norwegian to lease planes, postpone sales after grounding of Boeing MAX

Norwegian Air will lease planes and postpone the sale of older models in its fleet following the grounding of its Boeing 737 MAX aircraft, the company said on Monday.

Flattened yield curve reason to be nervous, but U.S. economy solid: Fed's Evans

Chicago Federal Reserve Bank President Charles Evans said on Monday it was understandable for markets to be nervous when the yield curve flattened, though he was still confident about the U.S. economic growth outlook.

Philadelphia Fed's Harker sees no rate hike in short-term

The circumstances are not in place to raise U.S. interest rates again in the short-term, Philadelphia Federal Reserve President Patrick Harker said on Monday.

Apple invites Hollywood to Silicon Valley in TV push

Apple Inc is expected to finally lift the curtain on Monday on a secretive, years-long effort to build a television and movie offering designed to compete with big media companies and boost digital services revenue as iPhone sales taper.

Nike fined $14 million for blocking cross-border sales of soccer merchandise

U.S. sportswear maker Nike was hit with a 12.5 million euro ($14.14 million) fine on Monday for blocking cross-border sales of soccer merchandise of some of Europe's best-known clubs, the latest EU sanction against such restrictions.

Qatar Airways backs Boeing despite MAX crash crisis

Qatar Airways threw its support behind Boeing on Monday as the U.S. planemaker faces its biggest crisis in years after deadly crashes of its flagship 737 MAX jet.

JPMorgan awards research grants, deepening its AI push

JPMorgan Chase & Co has awarded 47 financial grants to university faculty and PhD students for artificial intelligence research, ramping up its efforts in the emerging technology, the bank plans to announce later on Monday.