U.K. Limits AstraZeneca Vaccine to Over-30s Amid Blood-Clot Concerns 

The U.K.'s vaccines advisory body said AstraZeneca's Covid-19 vaccine should preferably not be given to patients under 30 following concerns that it might cause potentially deadly blood clots in very rare instances.

StockX Valued at $3.8 Billion, Lets Employees Sell Shares 

The online marketplace notched a 35% jump in valuation in selling $60 million of new stock.

Buyout Firms Team Up on More Than $15 Billion KPN Bid 

The funds are preparing to conduct due diligence with the goal of submitting a formal bid for the Dutch communications-services provider this spring.

Tencent-Backed Anjuke Group Mulls Hong Kong IPO 

Tencent-backed Anjuke Group has filed an application for an initial public offering in Hong Kong, becoming the latest technology firm to tap the active equity fundraising market in the Asian financial hub.

Linklogis Set to Raise US$989M in Hong Kong IPO 

Tencent-backed Linklogis will raise 7.71 billion Hong Kong dollars in net proceeds from an initial public offering in Hong Kong.

Trip.com Starts Hong Kong Public Offering 

Online travel platform Trip.com Group said it has started its public offering of 31.64 million shares in its secondary listing in Hong Kong, joining the list of U.S.-listed Chinese firms keen to tap the active fundraising market in the Asian financial center.

CBS Cuts Ties With Executives Amid Allegations of Hostile Workplace 

Top executives David Friend and Peter Dunn had been suspended in January after a Los Angeles Times report.

Instacart and DoorDash Plan to Launch Their Own Credit Cards 

JPMorgan will issue Instacart's rewards credit card and is bidding for DoorDash's card, which the delivery companies hope will help them retain users.

Cruise Industry Spars With CDC Over How to Restart Sailings 

Cruise operators are pushing federal health authorities to let voyages begin in July, but the two sides are clashing on how to restart voyages.

Big Tech Companies Prosper Despite Chip Shortage 

The global semiconductor shortage, snarling the availability of everything from cars to refrigerators, hasn't crimped big tech's profits. An early barometer came when Samsung Electronics forecast a 44% rise in quarterly operating profit.


(END) Dow Jones Newswires

April 08, 2021 01:00 ET (05:00 GMT)

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