Groupon raises 700 million dollars in IPO
New York - Xinhua
Groupon Inc. on Friday raised 700 million U.S. dollars in its initial public offering (IPO) on the Nasdaq stock market. Groupon raised its issuing price to 20 dollars per share from a previous range of 16 to 18 dollars per share, and issued 35 million shares to raise a total of 700 million dollars. The IPO moved its market capitalization to nearly 13 billion dollars. The 700 million dollar IPO was the second largest by an internet company, just behind Google's 1.7 billion dollar IPO in 2004. The online "daily dealer," which offers internet coupons for almost everything, was founded just three years ago. The company's IPO was one of the most closely watched this year.
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Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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