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☆ Dud IPO market closes 2023 with a whimper for the second year in a row
▼ + stars: | 2023-12-08 | by ( Bob Pisani | ) www.cnbc.com time to read: +8 min

Another year, another lousy IPO market. The 2023 IPO market is closing with a whimper, not a bang. You'd think the IPO market would be bubbling, but it's dead quiet. Source: Renaissance Capital For a good part of the year, the excuse was interest rates were rising, the market was too volatile, and the after market performance of 2023 IPOs was terrible. The November rally is too little too late to save the IPO market Unfortunately, it all came a little too late to rescue 2023.

Persons: Birkenstock, You'd, Rivian, Doordash, IPOs, Matt Kennedy, Don Short, you've, haven't, confidentially, Waystar, Kim Kardashian's, Musk, Howe Ng, Ng, Kyle Stanford, Instacart, it's, James Ulan, Stanford, Pitchbook, Greg Martin Organizations: Renaissance, That's, IPOs, Hertz, Sotera, ARM, Renaissance Capital, Klarna, Microsoft, Forge Global, Bloomberg, SpaceX, Nvidia, Rainmaker Securities Locations: Pitchbook

☆ There's a wave of pre-IPO startups with pandemic-era price tags stuck in limbo right now
▼ + stars: | 2023-11-21 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

There is a wave of pandemic-era startups stuck in limbo right now. The days of seeing 80% to 100% year-on-year revenue growth are gone, Hussein Kanji from early-stage fund Hoxton Ventures told Business Insider. Hoxton Ventures' Hussein Kanji said the days of companies racking up 100% year-on-year revenue growth are over. Investors tend to assess whether a company is IPO-ready on the rule of 40, which is revenue growth plus EBIT margin. Kanji added: "This is a lesson for a lot of people – if the IPO window opens up, take the company public."

Persons: they're, James Ulan, Klarna, Ulan, Karna's, Hussein Kanji, Morgan Stanley, Kanji, Kamil Mieczakowski, Fabian Heilemann, Graphcore Organizations: Business, Hoxton Ventures, Hoxton, Nvidia, Sequoia Locations: Ulan

☆ Two Dead, Dozens of Homes Destroyed as Bushfires Rage Across Eastern Australia
▼ + stars: | 2023-10-31 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +1 min

SYDNEY (Reuters) - Two people have been killed and dozens of homes destroyed in bushfires raging across Australia's northern Queensland state, as firefighters travel from across the country and from New Zealand to try and contain the out-of-control blazes. Residents have been told to evacuate from two massive bushfires in the southeast portion of Queensland, even as dozens of fires continue to burn across the state where at least 45 homes have been destroyed and two people killed since last week. "These are heartbreaking scenes when people lose their houses," Albanese said from the town of Bundaberg, near one of the large fires. Firefighters from the neighbouring state of Victoria and New Zealand were on their way to help, Albanese added. More than 7,500 hectares (18,500 acres) are burning out of control in the neighbouring state of New South Wales, only 40 kms (25 miles) from one of the Queensland fires.

Persons: Anthony Albanese, " Albanese, Albanese, Firefighters, Lewis Jackson, Michael Perry Organizations: SYDNEY, Firefighters, Queensland Locations: Australia's, Queensland, New Zealand, Bundaberg, Victoria, Australia, New South Wales, Ulan, Sydney

China's increased appetite for thermal coal from Australia and Russia has led to a shift in imports by India, the world's second biggest coal buyer. From December to February India's imports of Australian thermal coal had been above 1 million metric tons per month, peaking in January at 1.79 million. In contrast India is turning back to thermal coal from Indonesia, with July arrivals of 6.87 million metric tons, up from 6.04 million in June. For July, Indonesia's share of India's thermal coal imports was 63%, which was the highest since the 65% in April. China and India both generally import Australian thermal coal of a lower energy value than the traditional buyers of Japan, South Korea and Taiwan.

Persons: David Gray, it's, Indonesia's, Shri Navaratnam Organizations: REUTERS, Labor Party, Liberal, National, China, Argus, Reuters, Thomson Locations: Ulan, New South Wales, Mudgee, Australia, LAUNCESTON, Beijing, Asia, China, Mongolia, Indonesia, Russia, India, Japan, South Korea, Taiwan, Australia's Newcastle, Ukraine

☆ He fled Russia's draft, now he's stranded in a South Korean airport
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +2 min

Jan 19 (Reuters) - For two months now, 23-year-old Russian Vladimir Maraktayev has been living in an airport departure lounge. After travelling on to the Philippines, he flew to South Korea on Nov. 12, hoping to receive refugee status in what he considered one of Asia’s most stable democracies. He applied for refugee status upon arrival, but South Korean authorities rejected his application on the grounds that fleeing conscription is not a valid reason to be given asylum. He said his days consist of taking walks around the airport lounge and trying to read books and study Korean. Though he has very little money, as Russian bank cards have largely stopped working outside a handful of countries, he receives food from the South Korean justice ministry.

☆ Exclusive: China Energy places order to import Australian coal
▼ + stars: | 2023-01-06 | by ( Muyu Xu | ) www.reuters.com time to read: +4 min

India's share of Australian coal increased to 15.7% in 2022 from 12.3%, while Europe's share increased to 8% from 4.6%, the Kpler data showed. "Australian thermal coal is of better quality and is expensive. Global prices of both coking and thermal coal shot up after Russia's invasion of Ukraine last year. Analysts and traders expect the return of Australian coal to challenge the market share of suppliers such as Russia and add to pressure on prices in the longer term. "Entry of Australian coal into Chinese markets could ease coking coal prices, which are currently on the higher side," an Indian coal trader said.

☆ In poor, rural Buryatia, Russia's partial mobilisation hits hard
▼ + stars: | 2022-09-23 | by ( Felix Light | ) www.reuters.com time to read: +6 min

The Ulan-Ude draft office and the defence ministry in Moscow did not reply to a request for comment on the situation. PROVINCIAL MOBILISATION"There’s nothing partial about the mobilisation in Buryatia," said Alexandra Garmazhapova, president of the Free Buryatia Foundation, an organisation that provides legal help to those mobilised. Her foundation collected hundreds of appeals for help from residents whose relatives had received mobilisation papers. One resident of the Buryatia village of Orongoi, whose population in 2010 was 1,700, told Reuters that 106 men from the village had been mobilised. "The federal centre is trying not to touch St Petersburg and Moscow, because in Moscow you can have protests against the Kremlin," she said.

☆ Ministrul sănătății din Mongolia a demisionat, după un scandal legat de cum a fost tratată o femeie confirmată cu COVID imediat după ce a născut
▼ + stars: | 2021-01-20 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Mii de oameni au ieșit în stradă în Mongolia, înfuriați de cazul ueni femei care a fost transportată în carantină imediat după ce a născut, alături de bebelușul ei. Aceasta a fost urcată într-o ambulanță, cu hainele în care era îmbrăcată atunci când a născut, în timp ce afară erau -20 de grade Celsius. Femeia a fost diagnosticată cu COVID-19 la scurt timp după naștere, iar aproape imediat a fost „ridicată” din spital, fără să fie îmbrăcată cu haine groase, și dusă în carantină, alături de bebelușul ei. Oamenii au ieșit pe străzi pentru a cere demisia ministrului, dar și a celor responsabili. La rândul său, ministrul sănătății a recunoscut că sistemul sanitar al țării este unul limitat, fiind nevoie de eforturi semnificative pentru îmbunătățirea acestuia.

Persons: El Locations: Mongolia, Asia Centrală, Ikon, Ulan Bator, mongolă, mongol

În data de 4 noiembrie 2020, pe Bulevardul Lascăr Catargiu din București s-a deschis expoziția foto ”Suntem împreună”, realizată de Agenția de Presă Sputnik în cooperare cu Centrul Rus de Știință și Cultură din București. Astfel, în regiunea orașului Nijni Novgorod s-a format o armată de voluntari binecuvântată de Biserica Ortodoxă Rusă și condusă de cneazul Dmitri Pojarskii și negustorul Kuzma Minin. În data de 4 noiembrie 1612, această armată reușește, în urma unor lupte grele, să-i alunge pe polonezi din Kremlin. Aceasta este realizată de Agenția de Presă Sputnik, în cooperare cu Centrul Rus de Știință și Cultură din București. Vă așteptăm!”, au transmis reprezentanții Centrului Rus de Știință și Cultură de la București.

Persons: Lascăr Catargiu, Georgiana, Ivan al IV - lea, Ivan cel Groaznic, Feodor I . Firește, Dmitri Pojarskii Organizations: Agenția, Presă Sputnik, Sputnik, Rusia, Ortodoxă, Naționale Locations: București, Rus, BUCUREȘTI, Rusia, Moscova, Uniunea Polono, Lituaniana, Rusiei, România, Nijni Novgorod, Ortodoxă Rusă, Kremlin, României, Bucureștiului, Federației Ruse, Simferopol, Sabantuy, Kazan, Rusalia, Irkutsk, Maslenița, Suzdal, Novosibirsk, Omsk, Soci, Cita, Lascar

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