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Chipmaker GlobalFoundries prices IPO at upper end to raise $2 6 bln

Chipmaker GlobalFoundries prices IPO at upper end to raise $2 6 bln
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Chipmaker GlobalFoundries prices IPO at upper end to raise $2 6 billion

Chipmaker GlobalFoundries Inc said on Wednesday it sold shares in its initial public offering (IPO) at $47 a piece, at the higher end of its targeted price range, to raise about $2.6 billion.

United statesSouth koreaPenghu xianSouth koreanAbu dhabiSherry jacob phillipsNiket nishantAurora ellisGreg roumeliotisAakriti bhallaMorgan stanleyRobinhood markets incFidelity management research companyBlackrock incBroadcom incDevices inc

Saudi Arabia s SABIC to invest at Teesside plant in northeast England

Saudi Arabia s SABIC to invest at Teesside plant in northeast England
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Treasury Secretary says spending packages will change U S economy for the better

U.S. Treasury Secretary Janet Yellen said on Thursday that President Joe Biden's social spending and infrastructure packages would change the shape of the U.S. economy for the better and drive inflation down.

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UK to convene committee to look at fallout from triggering Article 16 - Sky News

(Reuters) - Britain is activating a key government committee to look at the fallout from suspending cooperation over Northern Ireland, Sky News reported on Thursday. UK ministers are holding discussions inside the key cabinet committee, which oversaw Brexit fallout preparations, about the repercussions of triggering Article 16, which allows the UK to stop following some parts of the Northern Ireland Protocol, the report added. (Reporting by Aakriti Bhalla in Bengaluru)

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