stock exchange
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Veon Group shareholders have expressed concern to the board about the company’s current strategy, citing the underperformance of its share price.
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IBM has completed the spin-off of Kyndryl with the business trading on the New York Stock Exchange, from today.
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Globe Telecom has confirmed it is pivoting its primary business to become a "digital solutions group", as its market valuation set a new record.
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An investment group is planning to raise £400 million on the London Stock Exchange to invest in digital infrastructure, including subsea operator Aqua Comms.
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BlackRock has filed documents that confirm it is selling part of its stake in China Telecom for US$200 million.
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The biggest stock exchange in the US is to delist shares of three Chinese telcos in the latest move in the deepening financial battle between the US and China.
Forthcoming events
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Elliot Management, the US-activist investor that took a US$3.2 billion stake in AT&T, has liquidated its investment in the company.
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GDS Holdings Limited (NASDAQ: GDS) raised US$1.67 billion in its second Hong Kong listing, after pricing shares at $86.04 each.
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Telia Company has confirmed it is in advanced talks with the Turkish Wealth Fund (TWF) about a “potential divestment of its indirect stake” in Turkcell, valued at US$530 million.
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Colt Technology Services has successfully managed to reduce latency between Tokyo and Hong Kong stock exchanges creating the fastest connectivity between the two regions.
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The Moscow Exchange (MOEX) has partnered with Avelacom and deployed new points of presence (PoPs) in Hong Kong, Singapore, Shanghai, Dubai and Mumbai data centres.
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BSO has struck an agreement with the Tel-Aviv Stock Exchange (TASE) to offer direct connectivity to international traders looking to access the growing Israeli market.