Are close to sealing a merger agreement, telling employees a final pact is coming within weeks. And shares in the lse group trade higher as shareholders prepare to vote on the 27 billion takeover well, a very good morning and welcome to street signs. One of our top stories today, alibaba has closed almost 7 higher after its hong kong debut, the Largest Global listing so far this year the ecommerce giant listed at a price of 176 hong kong dollars to raise 11. 2 billion in fresh capital. And as part of the ipo, the Chinese Company issued 500 million new ordinary shares. Emily tan is joining us live from hong kong emily, the largest ipo of 2019, quite a stellar postmarket performance with the stock up almost 7 in trading how has the reception been overall . Reporter you know what, juwana, the newcomer to the market today was the most heavily traded in hong kong with 1. 8 billion worth of shares changing hands as you mentioned, the stock closed up more than 6. 5 , off the days highs, but u
Despite high interest rates, consumers still willing to spend, NRF says furnituretoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from furnituretoday.com Daily Mail and Mail on Sunday newspapers.
Target is the latest company to announce that it's slashing prices as inflation continues to squeeze consumer wallets. The price cuts will take effect this summer.
The NRF has cited data from the US Census Bureau to show retail sales moderated in April as consumers remain willing to spend despite 'stubbornly high inflation.'