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Tech IPOs are booming everywhere but in Europe

Bloomberg Tech stocks around the world are pushing all-time highs, spurring headline-grabbing listings by the dozen, yet in Europe the biggest news in the sector is a company looking to leave public markets. Startup factory Rocket Internet SE has brought at least nine initial public offerings (IPOs) to market over the past five years, but said it would be “better ...

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UAE welcomes signing of Juba Peace Agreement in Sudan

ABU DHABI / WAM The UAE welcomed the signing on Tuesday of the Juba Peace Agreement between the Transitional Government of Sudan and armed movements. In a statement, the UAE Ministry of Foreign Affairs and International Cooperation re-affirmed the UAE’s continuous support for all efforts to enhance Sudan’s security, stability and prosperity in a way that realises the aspirations and ...

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Global trade seen recovering faster now than post-Lehman

Bloomberg Global trade is on course to recover more quickly from the coronavirus pandemic than after the 2008 financial crisis, according to Germany’s Kiel Institute for the World Economy. Shipping volumes are already back at levels that took more than a year to reach following the collapse of Lehman Brothers Holdings Inc., hinting at a V-shaped recovery, the institution’s President ...

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