Apollo Global to Buy U.S. Silica in $1.85 Billion Deal
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Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon
Chinese electric car startup Nio is adjusting its approach to global markets in light of geopolitical developments, CEO William Li said Thursday.CNBC - Business -
After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.CNBC - Business -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
In Quest for Metals, U.S. Pitches Deal to Ease Sanctions on Israeli Businessman
Mining magnate Dan Gertler, whom the U.S. has accused of corruption, would sell his assets in the African country under a proposal that could make it easier for Western companies to access valuable minerals there.The Wall Street Journal - World - Israel -
In Quest for Metals, U.S. Pitches Deal to Ease Sanctions on Israeli Businessman
Mining magnate Dan Gertler, whom the U.S. has accused of corruption, would sell his assets in the African country under a proposal that could make it easier for Western companies to access valuable minerals there.The Wall Street Journal - Business - Israel -
U.S. and Saudi Arabia near potentially historic security deal
United States National Security Advisor Jake Sullivan met with Crown Prince Mohammad bin Salam on Saturday to discuss a potentially historic bilateral agreement between the two nations.CBS News - World -
Sony and Apollo Take Key Step in Bid for Paramount’s Assets
The two companies have expressed interest in acquiring the media conglomerate, but are backing away from their $26 billion all-cash offer.The New York Times - Business -
Top 20 Global Concert Tours from Pollstar
AP Global Top 20 Pollstar Week of 05/20/24ABC News - Entertainment -
As American global hegemony ends, multi-alignment rises
Unlike the rigid alliances of the Cold War, multi-alignment involves a strategic flexibility that empowers nations to navigate the complexities of a multipolar world.The Hill - Politics -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
The Race to Buy TikTok Is On—but There Might Not Be a Winner
Investors are interested in buying TikTok so that it can avoid a US ban. But even if ByteDance accepts, a takeover will be far from simple.Wired - Tech - Tiktok -
Honor of Kings gets a global rollout on June 20 on mobile
TiMi Studio Group and Level Infinite, both divisions of Tencent, have confirmed that Honor of Kings will have a global roll-out on June 20.VentureBeat - Tech -
China is a 'critical' global supplier, full decoupling may be impossible, survey shows
Chinese companies are growing more optimistic about a rise in trade exports as firms show no signs of fully decoupling from China, according to Allianz Trade.CNBC - Business - China -
Crypto Lender Genesis Global Gets Wind-Down Plan Approved
A bankruptcy judge approved a chapter 11 wind-down plan for Genesis that will pay back creditors about 77% of the same digital assets that they lent to the cryptocurrency lender before its bankruptcy filing.The Wall Street Journal - World - Crypto -
Global Economy Will Grow More Than Expected, U.N. Report Says
An update to January forecasts suggests the world's economic growth rate will hit 2.7 percent in 2024, thanks to a better U.S. outlook and improved prospects for some larger emerging economies.Inc. - Business -
Global investors wake up to cheap UK stocks as takeover activity rises
Jupiter Asset Management boss says London-listed shares are ‘cheapest they have been in 50 years’Financial Times - Business - United Kingdom -
The Best Gluten-Free Sandwich Breads to Buy Now
Too often, a bread with no gluten makes a sandwich without integrity. Among the many options available today, we found the slices that can actually cut it.The Wall Street Journal - World -
How to buy secondhand clothes you’ll love online
Have a bidding strategy and a targeted approach … and train the algorithms. Be specific in searches. “If you enter ‘green dress’ into the search box on eBay, it will bring back thousands of results, so use the filter,” says Becky Barnes, a ...The Guardian - World -
Honda Motor Plans to Invest Over $60 Billion on EV Strategy
The Japanese automaker plans to invest on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - Business -
Siemens to Sell Innomotics to KPS Capital Partners for $3.8 Billion
Siemens agreed to sell its Innomotics large motors business to private-equity firm KPS Capital Partners, the latest move by the German industrial giant to reshuffle its portfolio.The Wall Street Journal - Business -
China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments.CNBC - Business - China -
CoreWeave Raises $7.5 Billion in Debt for AI Computing Push
The deal is one of the largest-ever private debt financings.The Wall Street Journal - Tech -
China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities pledged new support for state-owned enterprises to enable them to buy unsold apartments, in an effort that could help developers get more funding to finish construction on pre-sold properties.NBC News - Top stories - China -
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Poland invests $2.5 billion into fortifying border with Russia and Belarus
Poland's prime minister says it is investing about $2.5 billion to step up security and deterrence on its border with Russia and its ally BelarusABC News - World - Russia -
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UK government set to pay billions to victims in blood scandal
Compensation expected to be announced after conclusion of seven-year public inquiry on MondayFinancial Times - Business - United Kingdom -
Sony Music warns global tech and streamers over AI use of its artists
Music group representing Adele and Beyoncé contacts more than 700 companies to prohibit use of contentFinancial Times - Business -
Experts say coral reef bleaching near record level globally because of 'crazy' ocean heat
Scientists say temperatures that have gone “crazy haywire” hot, especially in the Atlantic, are close to making the current global coral bleaching event the worst in historyABC News - Tech -
Billionaire McCourt Seeks to Buy TikTok For 'The People.' Could that Ever Work?
Former L.A. Dodgers owner Frank McCourt is pulling together a deal to buy the controversial social media app. He says it's the "people's bid," and it won't include the app's all-important algorithm.Inc. - Business - Tiktok -
Best Buy has a sale on the best TVs for watching sports in 2024
Best Buy just slashed up to $900 off the price of premium 4K TVs from LG, Samsung, Sony and more.CBS Sports - Sports -
Best Buy has a huge sale on TVs ahead of Memorial Day
Save hundreds on TVs from top brands like Samsung, LG, TCL and more with Best Buy's pre-Memorial Day deals.CBS News - Top stories -
The 6 best places to buy prescription glasses online in 2024 and save
Warby Parker, GlassesUSA, Zenni Optical, Roka and more: The 6 absolute best places to buy glasses online and saveCBS News - Top stories -
Now everyone hates private equity I’ll buy some
And I’ve found a way to do it that avoids the insane feesFinancial Times - World -
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China Says It Will Start Buying Apartments as Housing Slump Worsens
Signaling growing alarm, policymakers ramped up efforts to stem a continued decline in real estate values.The New York Times - Business - China -
A divided Congress agrees: Buying concert tickets is frustrating and needs to be fixed.
The U.S. House of Representatives resoundingly passed a bill Wednesday that would mandate more transparency on ticket prices for live events and ban practices that jack up concert prices.MarketWatch - Business -
Shoppers are taking on credit-card debt to buy groceries. That’s ‘a canary in a coal mine.’
As grocery prices rise, one in four adults who pay for food with credit cards are carrying debt.MarketWatch - Business -
British investor in talks to buy 49% share in Teesside International Airport
Michael Flacks wants to transform the facility into a cargo, repair and maintenance hubFinancial Times - World