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Chinese cosmetics maker Chicmax to plan HK IPO

  Bloomberg Chinese cosmetics manufacturer Shanghai Chicmax Cosmetic Co. is planning an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter. Shanghai-based Chicmax is working with China International Capital Corp., Citic Securities Co. and JPMorgan Chase & Co. on the proposed share sale that could raise several hundred million dollars, the ...

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Air France-KLM raises fares to fund shift to sustainable fuels

  Bloomberg Air France-KLM will apply a surcharge to its tickets prices to help fund the extra cost of using sustainable aviation fuel, going beyond voluntary measures that have so far prevailed in the industry. The move will add between 1 and 12 euros ($1.1-$13.6) to the cost of a flight depending on the distance traveled and the class, according ...

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Strategist who called retail boom sees S&P case near 5,500

  Bloomberg The bull market in the S&P 500 has further to run as the pandemic becomes endemic mid-year, according to Julian Emanuel, who in late 2019 correctly predicted the boom in retail investing. Continued fiscal and monetary support even if it’s diminishing — will help underpin US stocks this year along with historically low interest rates and robust US ...

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