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Klarna hits $19bn value in Wall Street debut
Bloomberg/Getty Shares in buy-now, pay-later lender Klarna jumped on their first day of public trading in the US, giving the firm a market value of more than $19bn (£14bn). It marks a significant milestone for the Swedish lending giant, which has cast itself as a challenger to credit cards and traditional banks. Founded in 2005, the company is known for allowing shoppers to pay for purchases in…
A $19bn industry is about to pay its workforce for the first time
NEWS-FINANCE -QUOTE-EDUCATIONAL AND MOTIVATIONAL Tucked away in a quaint university town in the Midwest sits the world’s third-largest sports stadium. Known aptly as the Big House, the American-football stadium in Ann Arbor, home of the University of Michigan Wolverines, can pack in 115,000 fans. One of the world’s most capacious, its gate receipts helped Michigan’s football programme generate…
Abu Dhabi’s Adnoc makes $19bn bid to take over Australia’s Santos
[TECH AND FINANCIAL] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A consortium led by Abu Dhabi’s national oil company has made a $19bn bid to take over one of Australia’s most valuable energy companies. Santos said XRG, an investment arm of the Abu Dhabi National Oil Company, had made an indicative cash offer of…
Rio Tinto returns an extra £1.9bn to shareholders with ... - https://goo.gl/ZudLJQ - #19Bn, #Extra, #Finance, #Returns, #Rio, #Shareholders, #Tinto
