Latest posts
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FanDuel Owner Flutter to Delist From London After Shift to US
Flutter Entertainment Plc announced it plans to delist from the London Stock Exchange about two years after the online betting group shifted its primary listing to New York, as part of a wave of international companies that moved their main…
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Pakistan Budget Tests Growth Push Against IMF Constraints
Pakistan unveiled a budget aimed to bolster growth with tax cuts for businesses, while also making an effort to preserve fiscal gains amid rising oil prices.
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UK Lags Rivals in Curbing Influx of Cheap Parcels From China
More cheap parcels exported from China are flowing into the UK than rival European economies, undermining British retailers that want the government to accelerate a promised crackdown.
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UK Economy Shrank in April as Iran War Started to Take Toll
The UK economy contracted for the first time in eight months, an early sign of the damage wrought by war in Iran.
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The Bull and Bear Case for SpaceX
SpaceX shares are hitting the public markets on Friday after the biggest IPO of all time. Founder ETFs Partner, Michael Monaghan, sees a three-in-one opportunity for investors while True North Advisors’ Dhruv Maniktala says his firm is positioning as sellers…
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Oil Seen Rising Past $150 If Hormuz Still Closed
FGE NexantECA Chairman Emeritus Fereidun Fesharaki says he sees oil prices rising to $150 a barrel if the Strait of Hormuz is still effectively closed by August. On Bloomberg’s Insight with Haslinda Amin, he also said oil could be closer…
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Singapore Brings Back 19th-Century Tech to Beat the Heat
Singapore is bringing back this 19th-century technology in some parts of the island to combat the heat. It comes as a “super” El Niño is set to make it unusually hot in the country. (Source: Bloomberg)
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Lopez: Musk a Tremendous Force, Reassures Investors
SpaceX has made history with the largest IPO ever, raising $75 billion and debuting with a market value of $1.7 trillion. The blockbuster listing underscores investor appetite for AI and future technologies, while putting Elon Musk on the verge of…
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SpaceX Shares Indicated More Than 35% Higher in Shadow Trading
Shadow markets are pricing a blockbuster SpaceX stock debut, indicating a pop of at least 35% for Elon Musk’s rocket, satellite and AI company.
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Australian Private Credit Firm Makes Bet on UK Loan Manager
Australian real estate private credit firm Qualitas Ltd. is expanding into Europe with the acquisition of a UK-based loan manager, leveraging on growing demand for commercial financing across the region.
