NATO to Offer Ukraine Fast Path to Join When Conditions Met
NATO members pledged to invite Ukraine to join the bloc “when allies agree and conditions are met” and to eliminate bureaucratic hurdles in order to speed up the process.
Bloomberg Business
Jack Ma’s Wealth Drops $4.1 Billion as Ant’s Valuation Slashed
Jack Ma’s fortune is dwindling further as a planned repurchase of shares reveals a much reduced valuation for Ant Group Co., the payments business he co-founded.
Two Teens Accused of Masterminding Hacks on Grand Theft Auto and Uber
Two UK teenagers were accused of being key members of the notorious hacking group Lapsus$, with prosecutors alleging that the pair were involved in attacks on companies including Nvidia Corp., Rockstar Games Inc., and Uber Technologies Inc.
Miami Beach Aims to Kill Spring Break Image With $100 Million Bond
Miami Beach wants to do away with rowdy spring break crowds in favor of ballet and botanical gardens.
Fir Tree Resolves Suit Against Grayscale Over Bitcoin Trust Data
Fir Tree Capital Management said it reached an agreement with Grayscale Investments that resolves a lawsuit the hedge fund had filed against the crypto firm last year in connection with the $19.3 billion Grayscale Bitcoin Trust.
South Africa Gets Climate Finance Toward $1.5 Billion Water Fund
A South African state development bank said it has received $235 million in finance from the Green Climate Fund, which it estimates will allow it to create a water reuse infrastructure fund six times that size.
Sam Altman-Backed Nuclear Developer Oklo to Go Public With SPAC
Altman and Michael Klein are co-founders of AltC SPAC that is merging with Oklo
Senators Say Corporate Investors Are Driving Up Home Prices
Democratic senators including Banking Chair Sherrod Brown and Elizabeth Warren want to restrict tax breaks for large corporate investors that buy local homes and often drive up costs.
Toronto Financing Activity Plunges 54% With IPOs in Deep Freeze
New equity issues on the Toronto Stock Exchange fell 54% in the first half of the year, with the market for initial public offerings stuck in a major slump.
Adani Weighs Bid for Anil Ambani’s Bankrupt Coal Plants
Billionaire Gautam Adani is weighing a bid for a coal-fired power plant belonging to beleaguered Indian tycoon Anil Ambani that is currently being auctioned by Indian lenders, according to people familiar with the matter.
