Investors scramble for bite of Burger King India IPO with $9.5 bln of bids

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Investors scramble for bite of Burger King India IPO with $9.5 bln of bids

NEW DELHI/BENGALURU, Dec 4 (Reuters) – Burger King India’s initial public offering drew bids of $9.5 billion, or more than 150 times the shares on offer, signalling investors were upbeat about the country’s food service sector despite a slowdown inflicted by …
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Dow rises 100 points, S&P 500 hits fresh record high despite disappointing US jobs report

Stocks rose slightly on Friday as traders pored through the latest U.S. jobs report, putting the major averages on pace for another weekly advance. The Dow Jones Industrial Average traded higher by 115 points, or 0.4%. The S&P 500 gained 0.5%, and the …
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Hackers could disrupt delivery of COVID-19 vaccine

HOUSTON — As companies begin to ship coronavirus vaccines hackers are already finding ways to take advantage. IBM is issuing a disturbing warning that hackers could disrupt delivery of highly anticipated coronavirus vaccines. In fact the attacks have …
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In a Boost for Boeing, Ryanair Orders 75 Additional 737 Max Planes

Dec. 4—Irish low-cost carrier Ryanair’s firm order for 75 additional 737 MAX airplanes on Thursday provided a much-needed boost for Boeing as it struggles to revive its fortunes after the MAX crash tragedies and the global pandemic’s devastating hit to the air …
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A third of Oregon's Paycheck Protection Program money went to 1.6% of loan recipients

Nearly a third of the $7 billion that Oregon businesses received through the Paycheck Protection Program went to 1,054 companies who account for just 1.6% of the state’s loan recipients, according to data released this week by the Small Business …
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