(Reuters) -Former U.S. President Donald Trump came a step closer on Friday to reaping a major windfall from his social media firm after investors in a blank-check acquisition company approved a tie-up currently worth about $6 billion. The deal values Trump's majority stake in the company that holds his app Truth Social at about $3.6 billion. The windfall could prove...

By Pablo Mayo Cerqueiro and Emma-Victoria Farr LONDON/FRANKFURT (Reuters) - A strong debut by Swiss skincare company Galderma on Friday is steadying nerves around Europe's IPO market, a day after a poorly received listing from German retailer Douglas, bankers said. Galderma's debut on the Zurich stock exchange marked Europe's biggest IPO since Porsche in September 2022. Its long-awaited listing comes...

Shares of apparel and footwear company Nike Inc ( NKE ) are trading lower Friday morning after the company reported third-quarter financial results that beat Street estimates. Here's a look at what analysts are saying about the results and the company's future. The Nike Analysts: Telsey analyst Cristina Fernandez has an Outperform rating and lowers the price target from $120...

HOUSTON, March 21 (Reuters) - Brazil's largest sugar-cane ethanol producer, Raizen, has explored locations in Brazil for an ethanol-based sustainable aviation fuel (SAF) plant, aiming to build the world's second ethanol-to-jet fuel plant. The proposed project would produce at least 33.3 million U.S. gallons per year of SAF using ethanol rather than biomass waste, Paulo Neves, Raizen vice president of...