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News & Analytic Centre

Software Startup Sprinklr Confidentially Files for IPO

Reuters Sprinklr, which counts Microsoft Corp and telecom operator Verizon Communication Inc as customers, has confidentially filed with the U.S. Securities and Exchange Commission for an initial public offering, the software company said on Monday. The New Yorkbased firm provides software that helps its clients with marketing, advertising and customer engagement. Sprinklr was founded in […]
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Around 10 UBS Executives in Australia Resign Sources

SYDNEY, March 15 Reuters Around 10 UBS Australia bankers, including top banking analyst Jonathan Mott, mining analyst Glyn Lawcock and head of financial sponsors advisory Justin Dwyer, have resigned, two sources with knowledge of the matter said. The majority of the departing staff have been hired by startup Barrenjoey Capital Partners, which is partly owned […]
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Former Commerzbank CEO Launches Fintech SPAC in Amsterdam

FRANKFURT, March 15 Reuters Former Commerzbank Chief Executive Martin Blessing has launched the Amsterdam initial public offering of a blankcheque company targeting the acquisition on a financial technology firm, the bookrunner of the deal said on Monday. The European FinTech IPO Company 1 EFIC1 is planning to raise up to 415 million euros and seeking […]
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Chinas Unemployment Rate Holds at 13.1

One year since the coronavirus pandemic hit, Chinas young people are still having a hard time finding jobs. The unemployment rate for those aged 16 to 24 was 13.1 as of February, far above the national urban jobless rate of 5.5, the National Bureau of Statistics said Monday. The 13.1 young peoples unemployment rate is […]
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Dollar Chart Suggests Recovery could have Legs

March 15 Reuters Betting against the dollar was one of investors favorite trades at the start of 2021, but the U.S. currency is now recovering and technical analysis patterns from recent years suggest it could recoup a third or, potentially, all of last years 13 drop. Charts show the 2020 fall in the dollar index […]
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Rising USD Despite Plenty of Money. Whats Next?

  Global stock markets took a small step up at the opening of markets on Monday. However, overall we can speak of a very mixed sentiment. The complex market picture we have seen in previous weeks is still in place after the start of the US economic aid package. Longerterm US government bond yields continued […]
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