Where are the unicorns? The IPO market has unraveled this year

Wall Street bulls may have come thundering back in October as bears appear to have gone into hibernation. But there’s another beast, albeit a mythical one, that has been pretty much absent from the stock market all year: Unicorns. There has been little demand for private companies to make their debuts with initial public offerings.Story Published at: November 01, 2022 […]

BP announces $2.5 billion share buyback after profit soars

BP’s profit more than doubled in the third quarter of the year, extending a bumper run of earnings for the world’s biggest oil and gas companies that will add to growing calls in Britain and the United States for higher taxes on windfall profits. Story Published at: November 01, 2022 at 06:01PM

Remember the story behind Princess Diana’s revenge dress?

The summer of 1994 was uncharacteristically warm for Great Britain. Hot, sunny days were followed by close, sticky nights — and by the end of June, pressure had started to build. The last week of the month was an explosive one, meteorologically and culturally. On Friday June 24, an exceptionally severe thunderstorm hit the south east of the UK, diffusing […]

Why Switzerland built a 2-kilometer-long train

High in the Swiss Alps, St Moritz made its name as a place for pushing the boundaries of winter sport. By the time it hosted the second Winter Olympics Games in 1928 its reputation as a playground for wealthy adventurers was already well established.Story Published at: October 31, 2022 at 04:16PM