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Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.MarketWatch - Dec. 3 -
Two drug arrests after Belfast nightclub death
Chloe Ferris, who was in her 20s, died at Lux in the early hours of Sunday morning.BBC News - Dec. 3 -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
Terns Pharma broadens beyond obesity drugs with upbeat data in leukemia trial
Terns Pharmaceuticals Inc.’s stock jumped 7.5% premarket Tuesday, after the company announced positive data from an early-stage trial of a treatment for chronic myeloid leukemia.MarketWatch - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
5 Australians serving life sentences for drugs in Indonesia could soon return home
The remaining five Australians from the Bali Nine group who are serving life sentences for drug smuggling in Indonesia could be repatriated home this month as Indonesia and Australia put finishing ...ABC News - Dec. 3 -
FT readers: your favourite off-the-beaten-track eateries and bars in Venice
Top tips on authentic places to dine and drink in La SerenissimaFinancial Times - Dec. 3 -
Better drugs through AI? Insitro CEO on what machine learning can teach Big Pharma
Artificial intelligence is changing the way industries do businessABC News - Dec. 2 -
A Norwegian rapper suspected of drug crimes and assault is arrested in Poland
Poland's police say they have arrested and opened an extradition procedure for a Norwegian rapper who is wanted in his country for alleged drug crimes, causing bodily harm to a person and assault ...ABC News - Dec. 2