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Finance & Markets

European Shares Broadly Higher As Oil Prices Fall Below $100

(RTTNews) - European stocks were broadly higher on Wednesday as Brent crude prices fell below $100 a barrel amid easing concerns over global oil supplies and flash PMI data showed France's private sector activity expanded in September at the fastest rate in over two years.

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CVC-backed Bamboo Insurance postpones planned US IPO

CVC Capital Partners-backed home insurer Bamboo Insurance has postponed its planned US initial public offering, according to a report by Bloomberg citing unnamed people familiar with the matter, in a…

  • Bamboo Insurance, backed by CVC Capital Partners, delays U.S. IPO
  • Delay attributed to current market conditions, sources say
  • IPO could potentially be revived in the future, timeline unspecified

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