The Covid-19 pandemic has triggered a bumper crop of corporate share sales as distressed companies look to shore up their balance sheets and opportunists tap the market to expand or snap up cheap deals. Globally, 201 companies have issued equity valued at $50m or more since March 1, generating... Read more

Neil Munshi, west Africa correspondent The French military said its forces in Mali had killed one of al-Qaeda’s most senior leaders in Africa, Abdelmalek Droukdel, who was one of the architects of a diffuse terror network that has left thousands dead and millions displaced across the western Sahel. French... Read more

Never has a summer holiday been more needed, or more complicated. As the peak vacation period approaches, potential travellers around the world are trying to perform complex assessments on the prospects of their holiday plans going ahead. On one hand is the travel industry, offering encouraging words and discounted... Read more

One of the world’s greatest galleries will throw open its doors again on Saturday, but in circumstances very different from the past. The Prado, home to masterpieces by Hieronymus Bosch, Diego Velázquez and Francisco Goya, will welcome visitors after its longest closure since the Spanish civil war, more than... Read more

Reddit co-founder and executive chairman Alexis Ohanian announced that he is stepping down from its board and called for a black candidate to replace him, distancing himself from the sometimes controversial social media platform.  Mr Ohanian wrote on Twitter on Friday that he would “use future gains” on his... Read more

In front of Hungary’s grandiose parliament overlooking the Danube in Budapest, a memorial has recently appeared: a walkway dotted with the names of places that were part of the Hungarian kingdom before the Trianon treaty was signed 100 years ago. On June 4 1920, the treaty, named after a... Read more

Mark Zuckerberg says Facebook will review its content policies relating to threats of state use of force, in the first sign of a climbdown after the chief executive faced a backlash from employees for declining to take action on controversial posts by President Donald Trump.  In a post on... Read more

Shoppers in Florida’s Tampa Bay area this week had plenty of bargains to choose from as retailers seemingly tried to outdo each other with promotions. American Eagle in the suburban Tyrone Square shopping mall was offering up to 60 per cent off jeans, shirts and hoodies, while outside the... Read more

Fast rebounds in the stock market tend to be favorable for future prices. Source link Read more

Companies are pulling forward plans to go public in the US, responding to a surge in demand for new stock market listings that just culminated in the busiest week in a year. This week delivered $3bn in proceeds from initial public offerings, the biggest haul since May last year.... Read more