Finance

E-commerce firm Pattern, shareholders raise $300 million in US IPO

E-commerce firm Pattern, shareholders raise $300 million in US IPO

(Reuters) -Pattern and its existing shareholders raised $300 million in its U.S. initial public offering on Thursday, after the e-commerce firm priced its shares within the marketed range. This w...

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Oil little changed as demand concerns overshadow US rate cut buoyancy

Oil little changed as demand concerns overshadow US rate cut buoyancy

(Reuters) – Oil prices were little changed on Friday after settling lower in the previous session, the day after the U.S. Federal Reserve cut interest rates for the first time this year, du...

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Mayville Engineering, Thermon, Belden, Insteel, and Arrow Electronics Shares Skyrocket, What You Need To Know

Mayville Engineering, Thermon, Belden, Insteel, and Arrow Electronics Shares Skyrocket, What You Need To Know

A number of stocks jumped in the afternoon session after investors scooped up equities, shaking off the initial concerns inferred from the Fed’s dot plot, with tech stocks leading the charg...

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What’s The Real Reason Behind OPEC+’s Surprise Oil Production Boost?

What’s The Real Reason Behind OPEC+’s Surprise Oil Production Boost?

OPEC+’s decision last week to increase its collective oil production has surprised many, given the soft outlook for oil prices for the remainder of this year and into next. It is true that the 13...

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