Chinese Businessman Arrested in $1 Billion Fraud Conspiracy
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Germany Considers Watering Down Plan to Scrutinize Chinese Investments
Berlin is concerned that an aggressive new investment-screening law could clash with parallel efforts to attract foreign capital.The Wall Street Journal - World -
Chinese automakers redefine the car as a living space at Beijing Auto Show
The seemingly never-ending efforts of China’s electric car makers to redefine the automobile are on display at the nation’s largest annual auto showABC News - Tech -
Musk Courts Chinese Officials to Seek Approval for Tesla's Self-Driving Technology
His visit to Beijing on Sunday comes as the electric-vehicle maker struggles with flagging demand.The Wall Street Journal - World -
A Chinese Firm Is America’s Favorite Drone Maker. Except in Washington.
U.S. authorities consider DJI a security threat. Congress is weighing legislation to ban it, prompting a lobbying campaign from the company, which dominates the commercial and consumer drone markets.The New York Times - Business -
EU would need 50% tariffs to curb imports of Chinese electric cars
Report says punitive action being mooted in Brussels would not be enough to deter carmakersFinancial Times - Business - European Union -
Hong Kong Shares Rise 0.5%, Led by Property Stocks
The Hang Seng closed 0.5% higher, led by property stocks, with sentiment likely supported by news of another city in China easing curbs on home buying, which has raised market expectations that other Tier-1 cities will follow suit, Daiwa said.The Wall Street Journal - World - Hong Kong -
EU would need 50% tariffs to curb imports of Chinese electric cars
Report says punitive action being mooted in Brussels would not be enough to deter carmakersFinancial Times - World - European Union -
Individual U.S. states, invoking grassroots Americandistrust of the Chinese Communist Party, are taking action to block Chinese land purchases, factory plans and research in their jurisdictions.
Individual U.S. states, invoking grassroots American distrust of the Chinese Communist Party, are taking action to block Chinese land purchases, factory plans and research in their jurisdictions.The Wall Street Journal - World -
Individual U.S. states, invoking grassroots Americandistrust of the Chinese Communist Party, are taking action to block Chinese land purchases, factory plans and research in their jurisdictions.
Individual U.S. states, invoking grassroots American distrust of the Chinese Communist Party, are taking action to block Chinese land purchases, factory plans and research in their jurisdictions.The Wall Street Journal - World -
Biden speaks after signing $95 billion foreign aid package into law
President Biden spoke from the White House Wednesday after signing into law a $95 billion foreign aid package that will send money to Israel, Ukraine and Taiwan. The president had been pushing Congress on the legislation for months. CBS News chief ...CBS News - Top stories - Joe Biden -
IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.CNBC - Business -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
Israel Calls Alliance With U.S. ‘Ironclad’ After Receiving Billions in Aid
The money from Washington, which includes $5 billion to replenish Israel’s defenses and $1 billion for Gazan civilians, comes as Israel readies to invade Rafah.The New York Times - World - Israel -
Israel Calls Alliance With U.S. ‘Ironclad’ After Receiving Billions in Aid
The money from Washington, which includes $5 billion to replenish Israel’s defenses and $1 billion for Gazan civilians, comes as Israel readies to invade Rafah.The New York Times - Top stories - Israel -
Meta's Reality Labs posts $3.85 billion loss in first quarter
Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.CNBC - Business -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Mining Giant BHP Makes $39 Billion Bid for Rival Anglo American
The deal would create one of the largest copper miners at a time when demand is soaring for the metal used in many green technologies.The New York Times - Business -
BHP makes $39 billion bid for Anglo American in mining mega play
Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion).CNBC - Business -
Micron Gets $6.1 Billion to Build Three New Facilities
The government grant will fuel up to $125 billion in investment by Micron in New York and Idaho over the next 20 years, U.S. officials said.The Wall Street Journal - Tech -
Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants
The $6.1 billion for Micron, to shore up the domestic supply of semiconductors, comes after a key union endorsement and passage of an aid bill central to the president’s foreign policy agenda.The New York Times - Top stories - Joe Biden -
BlackRock-Temasek Venture Amasses $1.4 Billion for Clean-Energy Wagers
The firms’ Decarbonization Partners raised its first fund to support emissions-reducing technologies.The Wall Street Journal - World -
Poland's total military aid to Ukraine amounts to €8.4 billion
Yahoo News - World - Ukraine -
Biden, Seeking to Build on Fruitful Week, Announces Billions in Chip Grants
The $6.1 billion for Micron, to shore up the domestic supply of semiconductors, comes after a key union endorsement and passage of an aid bill central to the president’s foreign policy agenda.The New York Times - Business - Joe Biden -
Honda to build $11 billion electric vehicle hub in Canada
Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.CNBC - Business -
CNBC's Inside India newsletter: A $270 billion gamble on green?
Latest on the elections and some stock-picking tips that tie in with the nationwide vote and we also look at the upcoming T20 Cricket World Cup.CNBC - Business - India -
Toyota Makes $1.4 Billion EV Investment in Indiana Facility
The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky facility.The Wall Street Journal - World -
BlackRock-Backed $1.4 Billion Fund Proves There's Cash to Make in Climate Tech
BlackRock's Decarbonization Partners raised its first fund amid growing investor interest in climate tech.Inc. - Business - Climate -
Toyota Makes $1.4 Billion EV Investment in Indiana Facility
The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky facility.The Wall Street Journal - Business -
Buyout Shop GTCR's Take-Private Deal Values AssetMark at $2.7 Billion
The private-equity firm is buying out majority owner Huatai Securities, which acquired the wealth management company in 2016.The Wall Street Journal - World -
Alphabet issues first ever dividend, $70 billion buyback
Alphabet said Thursday that it’s issuing a 20-cent per share dividend, the company’s first ever, and that its board authorized the repurchase of up to $70 billion in stock.NBC News - Top stories -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech -
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.The Wall Street Journal - Business -
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.The Wall Street Journal - World -
Anglo American rejects BHP’s $39 billion bid as ‘opportunistic’
The British mining giant said BHP’s offer “significantly undervalues” its business and “future prospects”MarketWatch - Business -
Apollo Global to Buy U.S. Silica in $1.85 Billion Deal
U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion.The Wall Street Journal - World -
Apollo Global to Buy U.S. Silica in $1.85 Billion Deal
U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion.The Wall Street Journal - World -
Apollo Global to Buy U.S. Silica in $1.85 Billion Deal
U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion.The Wall Street Journal - Business -
Pentagon announces new $6 billion military aid package for Ukraine
The Pentagon has announced new $6 billion military aid package for UkraineABC News - Top stories - Ukraine -
Pentagon Announces Additional $6 Billion in Military Aid for Ukraine
The funds will allow Kyiv to purchase weapons directly from American defense companies.The New York Times - Top stories - Ukraine -
Mining Giant BHP Makes $39 Billion Bid for Rival Anglo American
The deal would create one of the largest copper miners at a time when demand is soaring for the metal used in many green technologies.The New York Times - Business