Good morning, friends and Coins2Day readers.
Happy Friday! What’s been a very busy week will close today with one of the most anticipated IPOs ever, and consumers are starting to get their hands on the new Apple iPhones. Here’s what else you need to know in business news today.
1. Scotland votes to stay in the UK, and the markets like it
After 55% of Scottish voters decided not to form an independent country, European markets are moving higher. The U.K. Pound is up against both the U.S. Dollar and the Euro, and the U.K.’s FTSE index has seen an uptick too.
2. Get ready for Alibaba
The day is here when the Chinese e-commerce company will make its market debut. With shares priced at $68, the IPO will raise $21.8 billion, the biggest in U.S. History. There is no set time for when trading will begin, but some estimate it will be close to 11 a.m.
3. Oracle has made a big change
On Thursday afternoon the software company’s founder Larry Ellison stepped down from his CEO role, and two people took his place: Mark Hurd and Safra Catz, both of whom had previously been presidents at the company. Ellison will remain executive chairman and will become chief technology officer.
4. New iPhones are out today!
Get thee to an Apple Store! The new iPhone 6 and iPhone 6 Plus are out today. With huge pre-orders, only a limited number will be available for walk-in customers, so if you’re not on line already, you probably won’t get one.
5. GlaxoSmithKline found guilty of bribery
A court in China has found the British pharmaceutical giant guilty of bribery and fined it the equivalent of $491.5 million. The penalty is the largest-ever corporate fine in China.