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Nio’s $1 Billion Convertible Bond Adds to Asian Sales Boom

(Bloomberg) -- Equity-linked debt issuance by Asian firms is set for its busiest quarter since March 2022, with a $1 billion convertible bond...

Africa’s Newest Oil Jackpot Comes With a Corruption Curse

(Bloomberg) -- It’s touted by some as possibly the world’s biggest-ever deep-water oil find.Most Read from BloombergThe discovery off the shores of Namibia...

HDFC Bank flags hit to asset quality, margins post merger; shares slide 4%

BENGALURU (Reuters) -India's top private lender HDFC Bank has warned that its merger with HDFC Ltd would hit key financial metrics including its...

NIO’s Shares Fall on Plans to Raise $1 Billion via Convertible Bonds

NIO’s Shares Fall on Plans to Raise $1 Billion via Convertible Bonds Source link

The US housing market is headed for the largest sales slowdown since 2011, Fannie Mae says

US home sales are headed for the largest slowdown since 2011, according to Fannie Mae.That's due to headwinds like higher mortgage rates, amid...

Ford avoids Canada walkout as UAW prepares for more US auto strikes

By Ben Klayman and Anirudh SaligramaDETROIT (Reuters) -Ford reached a last-minute deal to avoid a walkout at its Canadian operations late on Tuesday,...

Chinese EV maker Nio raises $1 billion in convertible bond deal

By Scott MurdochSYDNEY (Reuters) -Chinese electric vehicle maker Nio Inc said on Wednesday it had raised $1 billion in a two-tranche convertible bond...

Instacart’s $10 Billion IPO: Winners, Losers and Other Key Players

Online grocery-delivery company Instacart (CART) today (Sept. 19) made its long-awaited debut on Nasdaq. Shares, priced at $30 apiece, popped 40 percent at...

Intel Shares Slip as CFO Warns of Excess Data Center Chip Inventories

Intel Stock Slips as CFO Warns of Excess Data Center Chip Inventories Source link

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