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May 25, 2021
(Bloomberg) -- Ant Group Co. has suspended issuance of securities backed by online loans as Jack Ma’s financial technology giant overhauls its business to meet stringent new rules for the sector, people familiar with the matter said.
May 25, 2021
(Bloomberg) -- A rally in consumer and financial shares helped propel China’s stock benchmark toward its highest level in more than two months, amid signs of rising investor risk appetite and easing inflation concerns. The CSI 300 Index rose 2.
May 24, 2021
Ventia in Talks With Investors Over Potential IPO: AFR May 24 2021, 6:12 AM May 23 2021, 6:40 PM May 24 2021, 6:12 AM (Bloomberg) -- (Bloomberg) -- Ventia Pty Ltd., a telecommunications, infrastructure and utilities services company, has tested investor appetite for a potential initial public offering, The Australian Financial Review reports, citing unidentified sources. The company made a confidential pitch to some of Australiaâs biggest fund managers last month and banks are said to be...
May 24, 2021
Bidenâs Plans Face Youngstown Test That Defeated Trump and Obama May 24 2021, 6:15 AM May 23 2021, 7:30 PM May 24 2021, 6:15 AM (Bloomberg Markets) -- During Youngstown, Ohioâs industrial heyday, the box-like building on West Boardman Street was home to the printing plant of the Vindicator, a venerable broadsheet that took on big business, corrupt politicians, and organized crime. Today itâs home to the future of American manufacturingâor the company behind at least one vers...
May 24, 2021
Auchan Weighs Asia Exit in $400 Million Taiwan Stake Sale May 24 2021, 7:31 PM May 24 2021, 2:31 PM May 24 2021, 7:31 PM (Bloomberg) -- Auchan Retail is considering selling its stake in a group of RT-Mart-branded stores in Taiwan and is seeking $300 million to $400 million, people familiar with the matter said. (Bloomberg) -- Auchan Retail is considering selling its stake in a group of RT-Mart-branded stores in Taiwan and is seeking $300 million to $400 million, people familiar with the matter ...
May 24, 2021
Mainstream Markets Shrug at Volatile $1 Trillion Crypto Rout May 24 2021, 6:38 PM May 24 2021, 2:02 PM May 24 2021, 6:38 PM (Bloomberg) -- (Bloomberg) -- Traditional assets are riding out the cryptocurrency storm so far, a sign that mainstream exposure to volatile digital tokens may be comparatively limited. MSCI Inc.âs global equity gauge edged up last week even as the Bloomberg Galaxy Crypto Index endured a near 40% plunge, the worst since the onset of the pandemic last March. Treasuri...
May 24, 2021
(Bloomberg) -- Norwegian Cruise Line Holdings Ltd. plans to offer Alaska cruises starting in early August, joining several Carnival Corp. and Royal Caribbean Cruises Ltd. ships in plotting returns to the sea after more than a year without U.S. operations due to the Covid-19 pandemic.
May 24, 2021
EnergyExxon vows to add two new directors amid bitter proxy fight Jennifer HillerSvea Herbst-bayliss 2 minute read An Exxon gas station is seen in Houston, Texas, U.S., April 30, 2019. REUTERS/Loren Elliott/File Photo Exxon Mobil on Monday said it would appoint two new directors with energy industry and climate experience within the next 12 months, a pledge made days before a shareholder contest over the oil companyâs climate stance and board makeup. Shareholders on Wednesday will decide ...
May 24, 2021
May 25 2021, 12:11 AM May 24 2021, 1:42 PM May 25 2021, 12:11 AM (Bloomberg) -- The disarray at Solutions 30 SE deepened as the European technology-services company, first targeted in 2019 by activist short seller Muddy Waters Capital LLC, said its auditor couldnât sign off on its 2020 accounts. (Bloomberg) -- The disarray at Solutions 30 SE deepened as the European technology-services company, first targeted in 2019 by activist short seller Muddy Waters Capital LLC, said its auditor could...
May 24, 2021
May 24 2021, 1:23 PM May 24 2021, 10:24 AM May 24 2021, 1:23 PM (Bloomberg) -- A leading Japanese matchmaking app was hacked, likely exposing the personal information of more than 1.7 million account holders, in the latest high-profile online attack. (Bloomberg) -- A leading Japanese matchmaking app was hacked, likely exposing the personal information of more than 1.7 million account holders, in the latest high-profile online attack. Net Marketing Co., which runs the Omiai dating app, said that...