Clario files confidentially for US IPO, Bloomberg reports

Clario files confidentially for US IPO, Bloomberg reports

(Reuters) – Clario, a software provider for drugmakers, has confidentially filed for an initial public offering in the United States and is targeting a valuation of more than $10 billion, Bloomberg News reported on Tuesday.The U.S. IPO market has witnessed an...
US business equipment borrowings up 11% in May, ELFA says

US business equipment borrowings up 11% in May, ELFA says

(Reuters) – U.S. companies borrowed 11% more to finance equipment investments in May compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday.Companies signed up for new loans, leases and lines of credit worth $10.2...
Canada considers imposing import tariffs on Chinese EVs

Canada considers imposing import tariffs on Chinese EVs

By David Ljunggren and Ismail ShakilOTTAWA (Reuters) -Canada is considering whether to impose import tariffs on Chinese-made electric vehicles and will seek the public’s opinion about the idea, Deputy Prime Minister Chrystia Freeland said on Monday.Freeland said...
Paramount Global to raise prices for its streaming plans

Paramount Global to raise prices for its streaming plans

(Reuters) – Paramount Global is raising subscription rates for its flagship streaming services, the media giant said on Monday, as it looks to recalibrate its business and pay off debt. The revision in pricing comes at a time when merger talks between...
Hunter Biden requests new federal gun trial

Hunter Biden requests new federal gun trial

By Jack QueenWASHINGTON (Reuters) -Lawyers for Hunter Biden, the son of U.S. President Joe Biden, said on Monday his trial on federal gun charges went forward prematurely earlier this month and must be done over again. Hunter Biden became the first child of a sitting...
German trade focus could pivot from China to US

German trade focus could pivot from China to US

By Maria MartinezBEIJING (Reuters) – Economy Minister Robert Habeck will underline Germany’s resolve to pursue commercial links with China during a visit starting Friday but trade experts say economic and political factors all increasingly favour the...
Record high prices, rising mortgage rates dampen US home sales

Record high prices, rising mortgage rates dampen US home sales

By Lucia MutikaniWASHINGTON (Reuters) -U.S. existing home sales fell for a third straight month in May as record-high prices and a resurgence in mortgage rates sidelined potential buyers from the market.There was, however, some encouraging news on the housing market,...