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Virgin Australia shares soar 8.3% in $439 million IPO debut

Virgin Australia shares soar 8.3% in $439 million IPO debut

By Scott Murdoch and Christine Chen SYDNEY (Reuters) -Virgin Australia shares rallied 8.3% on Tuesday, after its A$685 million ($439 million) initial public offering, a transaction dealmakers hope will revive a subdued listings market. The airline sold 236.2 million shares at A$2.90 each, valuing it at A$2.32 billion on a fully diluted basis. The stock began trading at A$3.14, outpacing a 1.2% gai ...

2025-06-24 11:43:26
Asia stocks rally on tentative Israel-Iran truce; S Korea, HK lead gains

Asia stocks rally on tentative Israel-Iran truce; S Korea, HK lead gains

Investing.com-- Asian stock markets saw sharp gains on Tuesday, led by South Korea and Hong Kong, after U.S. President Donald Trump announced a tentative ceasefire between Israel and Iran, lifting investor risk appetite. Regional markets also tracked gains from Wall Street, with major U.S. stock index futures trading higher in Asian trading hours on Tuesday following a positive overnight clos ...

2025-06-24 11:39:32
Kennedy allows US Senator Cassidy a pick in revamped CDC vaccine panel

Kennedy allows US Senator Cassidy a pick in revamped CDC vaccine panel

By Ahmed Aboulenein WASHINGTON (Reuters) -U.S. Health and Human Services Secretary Robert F. Kennedy Jr. said on Thursday he promised to allow U.S. Senator Bill Cassidy to pick a candidate for a key panel of vaccine advisers. Kennedy, who has a long history of questioning the safety of vaccines contrary to scientific evidence, named eight members on Wednesday to serve on the U.S. Centers for Disea ...

2025-06-15 07:05:19
White House reviews SpaceX contracts as Trump-Musk feud simmers, sources say

White House reviews SpaceX contracts as Trump-Musk feud simmers, sources say

(Removes duplicate dateline.) WASHINGTON (Reuters) -The White House earlier this month directed the Defense Department and NASA to gather details on billions of dollars in SpaceX contracts following the public blowout between President Donald Trump and billionaire Elon Musk, four people familiar with the order told Reuters. Sparking an ongoing review, the administration ordered the agencies to scr ...

2025-06-15 07:04:31