Health-care property company Icade Sante SAS and its holders are seeking as much as 902 million euros ($1.05 billion) in a Paris initial public offering as demand from Europe’s aging population grows.
Fintech startup TAG Innovation Pvt. received $12 million from investors including New-York based Liberty City Ventures and Canaan Partners in its fundraising effort to capitalize on the growing popularity of digital payments in Pakistan.
BP Plc’s traders lost $100 million in a “debacle” of a deal with a West African commodities firm, according to details from an London employment lawsuit that offers a rare glimpse into the business on the oil giant’s trading floor.
Oil rallied after a U.S. industry report showed another big draw in crude inventories, pointing to a tightening market, and China’s central bank added liquidity to quell concern about a major developer’s debt woes.
Democrats are pursuing an almost certainly doomed strategy to avert a government shutdown and stave off a federal default, raising the likelihood of financial-market stresses that will ultimately force U.S. lawmakers’ hands.
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