Vinted, an online marketplace
for second-hand clothes, has surfed a sustainable fashion wave
to become Lithuania's first technology startup to reach
"unicorn" status with a valuation of over $1 billion.
Italian luxury yacht maker
Sanlorenzo expects its shares to start trading on the Milan
bourse on Dec. 10, it said on Thursday, as it tries to turn the
tide on a dismal season for stock market flotations in the
Up to five companies active in
the cannabis industry could go public in 2020 in Europe, a
continent whose stock markets have largely missed out on the
North-American "pot stocks" frenzy, a leading industry analyst
said on Thursday.
Germany plans to screen
non-European investors that want to buy into firms in high-tech
sectors such as robotics and artificial intelligence in a move
widely seen as targeting Chinese state-backed investors.
Shares in Brazil's biggest
lenders were down nearly 1% in early Thursday trading after the
country's monetary policy committee imposed a cap on interest
rates on overdraft credit, in a move likely to reduce their
The Nigerian government on
Thursday placed a bank guarantee of $200 million with a high
court in London to secure a stay on asset seizures of up to $9
billion related to a failed gas project, a spokesman for its
attorney general said.