Polish E-Commerce Company Allegro Lights up Europe’s IPO Market | Technology News

By Anna Banacka and Anna Koper

WARSAW/GDANSK, Poland (Reuters) – Shares in Polish e-commerce group Allegro leapt more than 60% on their debut on Monday, giving the company a market value of almost $19 billion in Europe’s biggest initial public offering (IPO) so far this year.

Founded more than 20 years ago as a home-grown rival to eBay, Allegro is central Europe’s most recognised e-commerce brand and its website is attracting 20 million visitors a month as consumers go online during the COVID-19 pandemic.

Allegro’s strong start mirrored the performance of some recent IPOs in the United States where shares

Read More

Alberta finance minister accuses nurses’ union of trying to ‘take advantage of a health crisis’

Finance Minister Travis Toews issued a blistering news release on Thursday afternoon, accusing an Alberta nurses union of orchestrating an “overreaching and disingenuous demand for indefinite job security” that he described as “a shameful effort to take advantage of a health crisis.”



a man wearing a suit and tie: Alberta Finance Minister Travis Toews, who delivered his first-quarter economic update Thursday, Aug. 27, 2020.


© Courtesy: Government of Alberta
Alberta Finance Minister Travis Toews, who delivered his first-quarter economic update Thursday, Aug. 27, 2020.

Toews issued the statement after the United Nurses of Alberta, which represents more than 30,000 registered nurses, registered psychiatric nurses and “allied workers,” announced it had rejected Alberta Health Services’ proposal to delay collective bargaining until 2021.

“I

Read More

AXIS Insurance Adds 4 Senior Underwriters to Management Liability Team

Specialty insurer AXIS Insurance has hired four experienced underwriters to its U.S. Management Liability team.

Christina Segreti, Drew Kushnick, Matthew Holzinger and Sherry Alexakis have joined AXIS as senior underwriters to help support growth in the management liability market.

Segreti will work across management liability lines, including public and private directors and officers liability, employment practices liability, fiduciary liability and crime coverages. She was most recently a broker for property/casualty lines at Gallagher. Previously, Segreti focused on management liability insurance as a client service associate at Marsh & McLennan and as a Financial Products Underwriter at Great American Insurance. She

Read More