Lundin Scion Leads Group Raising $500 Million for Mining Fund
A group of investors led by a son of the late Swedish-Canadian mining tycoon Lukas Henrik Lundin is seeking to raise $500 million for a fund that will invest in mining projects.
Bloomberg Business
Trump Is Learning He Can’t Say Whatever He Wants While on Trial
Donald Trump turned a Manhattan courthouse into a bully pulpit this week, creating photo ops and sound bites of him railing about his civil fraud trial for his presidential campaign to blast out on social media and in fundraising appeals.
Pernod Ricard Considers Sale of Czech Liqueur Brand Becherovka
Pernod Ricard SA is exploring a sale of Czech liqueur brand Becherovka, people with knowledge of the matter said, as the French spirits maker considers ways to streamline its portfolio.
Italy’s Banks Seen Sidestepping Meloni Tax With Payouts Intact
Most of Italy’s banks probably won’t pay the country’s new tax and choose to boost their capital cushions instead.
‘Republicans Are in Ruin’: Democrats Seize Opportunity to Raise Money
The historic ousting of Kevin McCarthy as House speaker hands Democrats a political gift: The opportunity to both mock their opponents’ misfortune and to raise money off it.
M&A Traders See Deals Return in 2024 During Software Consolidation
Merger arbitrage traders don’t expect deals to pick up until next year, though they are seeing signs of diminishing antitrust fears, while software companies are becoming attractive targets.
Traders Pile on Strong Dollar Bets While Bond Yields March Higher
At Goldman Sachs, strategists say the yen may slump to the lowest against the dollar since 1990. Talk of parity is stalking the euro. And across Wall Street, speculators are again piling into bets on the US currency after being burned by its unexpected rise.
Adobe’s $20 Billion Figma Bid Sparks EU Pricing Power Query
Adobe Inc.’s rivals and customers are being quizzed by European Union watchdogs on whether the US software firm could upend fair competition in the interactive product design market after its proposed $20 billion buyout of Figma Inc.
Bulls Bet Megacap Stocks Primed For Buyback Boost
Bulls hoping the Nasdaq 100’s best day since August is the start of a meaningful rebound may be about to get a boost from a long-standing ally: tech companies themselves.
French Train Maker Alstom Slumps After Cash Flow Warning
Alstom SA isn’t ruling out selling assets, its chief financial officer signaled, after a warning on financial guidance wiped out as much as €3.1 billion ($3.3 billion) of the train maker’s market value.
