Page 38 - Stk News Today

(Bloomberg) -- Even the most buoyant of automakers is facing squalls after a perfect storm of supply-chain shortages, war, and the sinking of a cargo ship carrying millions of dollars worth of product across the Atlantic.  Porsche Cars North America Inc. announced on April 1 that U.S.

(Bloomberg) -- Private equity competition to raise money around the world is overwhelming investors, leaving some firms falling short of their funding goals, according to Baring Private Equity Asia Chief Executive Officer Jean Eric Salata.

(Bloomberg) -- Elon Musk has taken a 9.2% stake in Twitter Inc., a week after hinting about plans to shake up the social media platform. Twitter shares rose about 26% in pre-market trading, after a regulatory statement Monday on Musk buying the stake.

(Bloomberg) -- Sri Lankan bonds slumped, leading losses among developing countries on Monday, after protests spurred by soaring inflation and lengthy power cuts led to a cabinet reshuffle.

(Bloomberg Opinion) -- The much-awaited debut of GoTo, the combination of ride-hailing app Gojek and e-commerce firm PT Tokopedia, offers investors a stark choice.

(Bloomberg) -- U.S. equity futures and Treasuries declined Monday, while Asian shares were mixed, as traders weighed the prospect of aggressive Federal Reserve interest-rate hikes and stiffer sanctions on Russia. Shares fluctuated in Japan, Australia and South Korea.

(Bloomberg) -- Singapore’s two largest new-economy firms have been touted as the next big thing for years. A $71 billion rout in their share prices in 2022 seems to show investors aren’t buying the story. Shares of ride-hailing company Grab Holdings Ltd.

(Bloomberg) -- FAM Holding, a United Arab Emirates-based property developer with a portfolio of $545 million, plans to list its shares on Abu Dhabi stock exchange’s second market, joining a steady stream of companies tapping the nation’s bourses.

(Bloomberg) -- Volkswagen AG’s Audi brand raised its offer to gain a foothold in sports car brand McLaren to 650 million euros ($718 million) from 450 million euros, according to a report by the Germany’s Automobilwoche.

(Bloomberg) -- The House voted Friday to decriminalize marijuana, expunge federal convictions on pot-related charges and impose taxes on cannabis producers and importers.  The legislation passed 220-204 with support from most House Democrats and three Republicans.