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Business

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IPO surge tests Chinese banks under new SFC limits
IPO surge tests Chinese banks under new SFC limits

HONG KONG: A surge in initial public offerings in Hong Kong is exposing staffing strains at Chinese investment banks, as regulators...

U.S.stocks fail to find direction despite iCPI falling to 2.4 percent
U.S.stocks fail to find direction despite iCPI falling to 2.4 percent

NEW YORK, New York - U.S. stock markets edged in and out of positive territory Friday, with little commitment in either direction....

Sanofi replaces Hudson as turnaround stalls
Sanofi replaces Hudson as turnaround stalls

LONDON, U.K.: French drugmaker Sanofi has abruptly removed Chief Executive Paul Hudson, signaling mounting investor pressure over sluggish...

In China, consumer choices outweigh nationalist rhetoric
In China, consumer choices outweigh nationalist rhetoric

HONG KONG: Diplomatic tensions between China and countries such as Japan and the United States have flared repeatedly in recent years....

Strategists see rebound chance in US software shares
Strategists see rebound chance in US software shares

NEW YORK CITY, New York: The recent sharp selloff in U.S. software stocks, fueled by concerns that advances in artificial intelligence...

U.S. stocks in sharp retreat Thursday
U.S. stocks in sharp retreat Thursday

NEW YORK, New York - U.S. stocks fell sharply on Thursday, ahead of Friday's inflation report which is not expected to weigh on markets....

Illinois

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No. 18 Saint Louis breezes past Loyola Chicago for 18th straight win
No. 18 Saint Louis breezes past Loyola Chicago for 18th straight win

(Photo credit: Kamil Krzaczynski-Imagn Images) Trey Green and Ishan Sharma each scored 14 points to lead No. 18 Saint Louis to an...

Wisconsin blitzes No. 10 Michigan State, fells another top-10 foe
Wisconsin blitzes No. 10 Michigan State, fells another top-10 foe

(Photo credit: Robert Goddin-Imagn Images) Nick Boyd had 29 points and John Blackwell added 24 to pace Wisconsin to a dominant 92-71...

Daily World Briefing, Feb. 14
Daily World Briefing, Feb. 14

2nd U.S. aircraft carrier sent to Mideast The United States has ordered the second aircraft carrier to sail from the Caribbean Sea...

Phils release OF Nick Castellanos, who admits bringing beer to dugout
Phils release OF Nick Castellanos, who admits bringing beer to dugout

(Photo credit: Jayne Kamin-Oncea-Imagn Images) The Philadelphia Phillies released outfielder Nick Castellanos on Thursday. The...

No. 7 Nebraska deals with adversity, seeks salve in skidding Northwestern
No. 7 Nebraska deals with adversity, seeks salve in skidding Northwestern

(Photo credit: Vincent Carchietta-Imagn Images) Seventh-ranked Nebraska clearly has commanded the fundamentals during a banner start,...

Twins sign veteran reliever Liam Hendriks
Twins sign veteran reliever Liam Hendriks

(Photo credit: Ken Blaze-Imagn Images) The Minnesota Twins signed three-time All-Star reliever Liam Hendriks to a minor league contract...