Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
You can save money by doing a quick check and unsubscribing from apps you no longer use.Technologyread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
(Adds details, valuation)
LONDON, May 29 (Reuters) - Britain's Trainline plans to list on the London Stock Exchange in June to raise its profile and tap into the growing demand for e-ticketed travel across Europe.
The independent rail and coach travel firm, which sells tickets via its website and mobile app, is looking to raise 75 million pounds ($95 million) through the issue of new shares.
Private equity owner KKR is targeting a total valuation for the business of up to 1.5 billion pounds, according to a banking source.
Political uncertainty around Britain's departure from the European Union sparked market turbulence in the first quarter of the year, with proceeds from European listings dipping to a 10-year low of $292 million.
With Brexit delayed, things have improved over the past couple of months. Middle Eastern payments companies Finablr and Network International started trading, while telecoms operator Airtel Africa is also considering a stock market flotation in London.
Trainline, a familiar brand to British travellers, is looking to trade on the main market of the London Stock Exchange, using its premium listing segment, and sell 25 percent of new and existing shares.
A premium listing meets more stringent rules than the European Union's minimum requirements.
Founded more than 20 years ago, the British company sells tickets from 220 rail and coach carriers across 45 European and Asian countries on its website and mobile app, generating net ticket sales of 3.2 billion pounds in the fiscal year 2019.
It has appointed J.P. Morgan Securities and Morgan Stanley & Co. International as main advisers to the deal. ($1 = 0.7903 pounds) (Reporting by Clara Denina Editing by Sinead Cruise/Keith Weir)