Elliott, the $65 billion hedge fund best known for its shareholder activism, has made a $2.5 billion investment in Texas Instruments. https://www.cnbc.com/2024/05/28/activist-elliott-takes-2point5-billion-stake-in-texas-instruments.html
Germany’s financial watchdog is lifting a three-year-old cap on the number of customers N26 Bank AG can take on after the fintech worked to improve its financial crime and anti-money laundering controls. from Bloomberg Markets https://ift.tt/S14UjH0
The long-awaited offering, if it proceeds, would alleviate near-term pressure on the kingdom to raise funds. https://www.wsj.com/articles/saudi-arabia-to-raise-10-billion-to-20-billion-in-fresh-aramco-stock-sale-e8e70ba8
Terry Haines, Pangea Policy founder, says the Biden administration needs to take a stronger stance against Iran and its ambitions to build a nuclear weapons program. He appears on “Bloomberg Surveillance.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/utrGJW5
Pope Francis has apologised after an alleged slur he made against gay men became public. https://ift.tt/maDErxV May 28, 2024 at 04:42PM
The Pulse With Francine Lacqua is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/OjviPUR
TL;DR While the broader crypto market corrected, Chainlink (LINK) rose to nearly $19, marking a 6% daily increase. Analysts forecast further gains for the asset, supported by rising whale activity and key partnerships. Metrics show large transaction volume and a shift from exchanges to self-custody, indicating reduced selling pressure. All Eyes on LINK The cryptocurrency…
Natural gas futures were little changed as a pickup in output was countered by strengthening LNG feedgas demand and Texas heat driving power demand. https://www.wsj.com/articles/u-s-natural-gas-futures-little-changed-ahead-of-expiry-5c2efb69
In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest Layer 2 networks on Ethereum,…
Saudi Arabia’s King Salman bin Abdulaziz chaired a weekly cabinet session by tuning in remotely, the official Saudi Press Agency reported, in a sign the 88-year-old monarch may be better after getting treated for an illness. from Bloomberg Politics https://ift.tt/xlW1q8A