Financial Services

UPDATE 1-Spain’s Applus+ to raise at least 300 mln euros in market debut

MADRID, April 2 (Reuters) – Spanish testing and inspection company Applus+ aims to raise at least 300 million euros ($413.8 million) by selling new shares in its stock market debut and will use the…

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China Property shares surge on reports that home ownership restrictions may lift

SHANGHAI, April 2 (Reuters) – Mainland property stocks soared on Wednesday after state media reported that several cities may relax house ownership restrictions.

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UPDATE 4-Pressure rises on Gross as investors pull $3.1 bln from Pimco’s flagship fund

(Adds outflow figure for March and background on Pimco’s clients, bylines)

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