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Finnish counter-drone company Sensofusion Plc plans to raise about €300 million ($343 million) in an initial public offering in Helsinki as it seeks funds to accelerate growth amid rising demand for technology to detect and neutralize drones.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
India experienced accelerated business growth in September due to increased demand in manufacturing and services sectors. The HSBC flash India Composite Purchasing Managers' Index rose significantly from August, indicating expansion. However, export growth slowed, impacting overall economic performance negatively.
SHANGHAI: China and Hong Kong stocks fell on Wednesday, as investors tempered expectations for an upcoming meeting between US and Chinese presidents, while rising trade tensions with Europe weighed. The real estate sector, however, advanced amid signs of fresh government support.
Dubai: Gold prices in the UAE have seen a slight drop overnight as global traders turn cautious monitoring progress in talks between the US and Iran and comments by Federal Reserve officials. Prices of the yellow metal have eased by Dh2.5 as 24-karat gold trades at Dh523.50 versus Dh526 on Monday.
MUMBAI: Indian government bonds were stuck in a narrow range early on Wednesday, with support from lower oil prices offset by selling pressure as the benchmark 10-year yield hovered around 7%. The benchmark 6.94% 2036 bond yield was at 7.0052%, as of 10:15 a.m. IST, after ending at 7.0106% on Tuesday.
Mumbai: SS Retail Limited delivered a strong stock market debut, with its shares listing at a premium of nearly 51 per cent over the IPO issue price of ₹424. The stock began trading on the BSE at ₹639.10, representing a listing gain of 50.73 per cent. Investors allotted shares at ₹424 earned a notional gain of ₹215.10 per share.
The Department of Justice also argued President Trump was motivated by national security concerns in banning MS NOW, CNN and Politico from the White House.
