Private-equity giants near settlements with the SEC over texting violations, and JPMorgan fined $200 million for compliance failures in trading. Also, Norway’s oil fund to vote against Exxon Mobil amid shareholder rights concern. https://createsend.com/t/d-F11DCD3C6D80C2532540EF23F30FEDED
Four people died and 16 were injured in the incident last Thursday. https://ift.tt/hqCASGP May 28, 2024 at 04:10PM
A bulk carrier was attacked while sailing through the Red Sea and the vessel has taken on water causing it to lean to one side, according to maritime security firm Ambrey. from Bloomberg Markets https://ift.tt/rGFgQLf
Hundreds of cannabis entrepreneurs, farmers and activists rallied in Bangkok and threatened legal action against the Thai government as it pushes ahead with a plan to reclassify marijuana as a narcotic just two years after decriminalizing it. from Bloomberg Politics https://ift.tt/EzWZ3BA
Companies like Vertiv that can help artificial-intelligence data centers dissipate heat have had gains of more than 600%. https://www.wsj.com/articles/cooling-for-ai-is-a-hot-stock-market-tradefor-now-d917e1d2
A ship came under attack Tuesday in the Red Sea off the coast of Yemen, with a private security firm saying radio traffic suggested the vessel took on water after being struck. No group immediately claimed responsibility, but suspicion immediately fell on Yemen’s Houthi rebels, who have launched a number of attacks targeting ships over…
The ban on the drug muguka by coastal governors sparked anger among farmers over financial losses. https://ift.tt/tuWDc4U May 28, 2024 at 03:22PM
The U.K. has been “denied the skills and infrastructure it needs to flourish,” the letter says. https://www.cnbc.com/2024/05/28/uk-election-wikipedias-jimmy-wales-and-business-leaders-back-labour.html
The financial hub of Shanghai eased requirements for home downpayments and mortgages, as bigger Chinese cities follow through on the central government’s aid for the property sector. from Bloomberg Markets https://ift.tt/uwhJ72n
Four Saudi Arabian companies have drawn a combined 659 billion riyals ($176 billion) in orders for their initial public offerings, as fund managers flocked to share sales that have offered near-guaranteed returns over the last two years. from Bloomberg Markets https://ift.tt/msjODBL