The big winners in Musk’s Twitter deal? Merger arbitrage traders
The Nub Elon Musk’s decision to revive his $44-billion buyout of Twitter is shockingly good news for investors including billionaire Carl Icahn who continued to...
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THE LATEST POPS 🗞
Every morning Bona pops is delivered to your mail with news highlights from around the world
Google to pay $85m to end Arizona consumer-privacy suit
The Nub Alphabet Inc’s Google will pay $85-million to resolve a consumer privacy suit by Arizona claiming the technology giant surreptitiously collects data on users’...
Short Sellers Pounded Anew in Latest Trial for Market Timers
The Nub One by one, short sellers are being forced to capitulate as market expectations grow for a slower pace of central bank tightening. Whether...
Asian stocks extend gains after US equities rally: markets wrap
The Nub Asian stocks extended a rally on Wednesday following the best two-day run for US equities in more than two years, as investors began...
Market downturn sparks longest US tech IPO drought in over 20 years
The Nub The stock market downturn since the start of the year has caused the longest drought in US technology listings this century, with experts...
Global economy faces four key risks, warns Singapore monetary authority chief
The Nub The global economy faces not one but four key uncertainties including a downturn next year, according to Singapore central bank chief Ravi Menon,...
How global tech stocks are navigating a year of transition
The Nub The underwhelming performance of global technology stocks this year may have left some investors mystified as to how businesses that are supposedly the...
Asia stocks gauge gains for first time in six days: markets wrap
The Nub Stocks climbed in Asia following a rebound in the final hour of New York trading as investors shifted positions ahead of a flurry...
Most CIOs Feel Need For Raising Tech Budget To Drive Businesses: Grant Thornton Survey
The Nub A majority of chief information officers (75 per cent of the respondents) feel the need for increasing the tech budget and driving businesses...
Streaming giants race to launch advertising-supported subscription tiers
The Nub It’s no longer a case of whether Netflix will roll out an advertising-supported option, but rather when. What impact ads will have on...
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