Firmus to allocate half of IPO to early backers
Data centre operator Firmus plans to allocate about 50% of its initial public offering to existing shareholders.
Data centre operator Firmus plans to allocate about 50% of its initial public offering to existing shareholders.
DBS Group Chief Investment Officer Hou Wey Fook says AI-led earnings growth continues to underpin major technology stocks while investment-grade bonds yielding above 5% offer an attractive source of income and portfolio stability. He joined Bloomberg's Insight with Haslinda Amin
Clime Capital (ASX:CAM) reported a $13.4 million pre-tax profit for FY26 while receiving a qualified audit opinion regarding unlisted unit trust holdings.
Schneider Electric said it is acquiring US-based engineering software developer PTC for an implied enterprise value of $23.7 billion. The French conglomerate will buy PTC for $205 per share in an all-cash deal. Bloomberg's Manuel Baigorri breaks down the situation.
Etherstack (ASX:ESK) announced plans to reorganise its share premium account via a capital reduction to establish distributable reserves.
Maritana Minerals (ASX:MRT) has secured its final regulatory permits and extended its early works agreement for the Black Swan Processing Hub.
TWG Tea Co-Founder Taha Bouqdib examines how El Nino-driven weather disruptions are reshaping global tea and coffee markets, affecting crop yields, supply chains and pricing. He also highlights how TWG Tea is navigating market volatility, investing for long-term growth, and scaling its global footprint. He speaks with Haslinda Amin on "Insight with Haslinda Amin."
Red Hill Minerals (ASX:RHI) has commenced a 1,700-metre diamond drilling programme across two key targets at its Broken Hill Project.
Critical minerals and data centers remain top investment opportunities in Africa, according to Bloomberg Businessweek's latest Investors Guide to Africa. Bloomberg's Chief Africa Correspondent Jennifer Zabasajja reports
European asset management firm Eurazeo has opened its first Middle East office in Abu Dhabi. Mathieu Teisseire, Eurazeo, Head of Investor Relations told Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on why they decided to expand in the region despite the geopolitical tensions.
Vanadium Resources (ASX:VR8) completed a scoping study on a joint vanadium and iron operation at its Steelpoortdrift Project.
Roy Larke, Co-founder at consultancy JapanConsuming, discusses the outlook and challenges facing Japan's retail and consumer sector. He speaks with Shery Ahn on Bloomberg: The Asia Trade.
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