China Telecom Corp, blacklisted by the U.S. government, surged on its first day of trade on Friday, defying a bearish market and following its $7.3 billion fundraising via public offering, the world's biggest in 2021.
China Telecom Corp surged 34% on its Shanghai debut on Friday, defying a bearish market after raising $7.3 billion in the world's biggest stock listing so far this year.
Brazilian securities watchdog CVM said on Thursday it was investigating comments by a top executive of Minerva SA on social media and in a newspaper that sent shares of the meatpacker on a wild ride this week.
Deutsche Telekom confirmed it was in active talks to sell its Dutch unit, signaling movement on Thursday on its portfolio of non-core assets as it reported a forecast-beating set of second-quarter results and raised its outlook.