SEOUL (Reuters) – Big Hit Entertainment, the music label of South Korean boy band BTS, has chosen JPMorgan <JPM.N>, NH Investment and Securities <005940.KS> and others to handle its initial public offering (IPO), according to media reports. The IPO could be one of the largest in years in the country’s entertainment industry, with its total […]
PARIS (Reuters) – French carmaker PSA <PEUP.PA> said on Monday the company will close its European factories until March 27 due to the coronavirus outbreak spread. “The chairman of the executive board with the members of the crisis unit decided …on the closure of the vehicle production sites,” PSA said in a statement. (Reporting by […]
LONDON (Reuters) – New hedge fund launches fell in the fourth quarter of 2019 to their lowest level since 2008, at 89 globally, according to data from industry tracker Hedge Fund Research (HFR). A total of 480 hedge funds launched in 2019, the lowest number since 2000, according to the data. The number of hedge […]
