The Wall Street JournalInstacart Pulls Back on Fourth-Quarter IPO PlansFidji Simo, the company’s chief executive, wrote in a memo to employees that tumultuous market conditions are making an IPO for the grocery delivery company “highly unlikely” in 2022.ReutersSterling dips after Truss resigns, fragile yen weakens past 150 levelSterling edged lower on Friday as investors digested the news that British Prime Minister Liz Truss had quit after just six weeks in office, while the Japanese yen languished near a fresh 32-year low. The pound dipped 0.21% to $1.1215 in early Asian trade, after a brief rally to a high of $1.1338 in the previous session after Truss announced her resignation. “I think that was a knee-jerk reaction to at least a temporary easing of UK political uncertainty… I think markets for now are pretty happy about the news,” said Carol Kong, currency strategist at Commonwealth bank of Australia (CBA).Business WireCactus Announces Timing of Third Quarter 2022 Earnings Release and Conference CallHOUSTON, October 21, 2022–Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its third quarter 2022 earnings release before market open on Monday, November 7, 2022. The Company will host a conference call to discuss financial…
Read More
Google fined $161.9 million in India over 'anti-competitive' Android policies – Yahoo
