A Year Into Biden’s Climate Agenda, the Price Tag Remains Mysterious
It’s been exactly one year since President Joe Biden signed the Inflation Reduction Act, securing a core part
1970-01-01 08:00
Chinese Shadow Bank Misses Dozens of Payments as Fallout Spreads
Zhongrong International Trust Co. missed payments on dozens of products and has no immediate plan to make clients
1970-01-01 08:00
Citadel Acquires Yellow Debt Owned by Apollo, Other Lenders
An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by
1970-01-01 08:00
Crypto Startup Nova Labs is Betting on $5 Mobile Phone Plans
Nova Labs Inc., a blockchain startup building what it calls a “decentralized wireless network”, said it’s offering a
1970-01-01 08:00
Norway’s $1.4 Trillion Wealth Fund Returns 10% on Tech Surge
Norway’s $1.4 trillion sovereign wealth fund returned 10%, or $143 billion, in the first half, indicating it’s back
1970-01-01 08:00
Merger Arbitrage Fund Pentwater Boosted Activision Stake Before Key Court Nod
Pentwater Capital Management LP led hedge funds boosting stakes in Activision Blizzard Inc. last quarter before a make-or-break
1970-01-01 08:00
MTN’s Fintech Unit Seeks More Investors After Mastercard Deal
MTN Group Ltd. is seeking as many as three more strategic investors in addition to Mastercard Inc. for
1970-01-01 08:00
Cryptocurrencies Tainted by SEC Lawsuits Are Seeing an Increase in Trading
The impact of the SEC crackdown on crypto appears to be fading for the 19 tokens designated as
1970-01-01 08:00
Solar Giant Jinko Falls as Plant Spending Outweighs Profit Surge
Jinko Solar Co., one of the world’s largest panel producers, fell as much as 12% after outlining plans
1970-01-01 08:00
China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
1970-01-01 08:00
Mastercard to Buy Stake in MTN’s $5.2 Billion Fintech Unit
MTN Group Ltd., Africa’s biggest wireless carrier, said Mastercard Inc. agreed to take a minority stake in its
1970-01-01 08:00
Music Festivals Try to Save the Planet, One Recycled Tent At a Time
On a balmy July weekend, a sea of purple and blue tents stretched across a field in Belgium,
1970-01-01 08:00