Sandwich chain Subway is selling $3.35 billion of asset-backed securities to help fund its buyout, marking the largest securitization of its kind on record. from Bloomberg Markets https://ift.tt/N5UPDSu
The French leader said Ukrainian forces could only use French Scalp missiles to target military sites within Russia that fire on Ukraine. https://www.wsj.com/articles/macron-permits-ukraine-to-use-french-missiles-to-strike-inside-russia-within-limits-80fe5908
In just over two months, athletes from hundreds of countries will descend on Paris for the highly anticipated 2024 Summer Olympics. Athletes had a shortened window of time to prepare to compete at this year’s Olympic Games due to the COVID-delayed 2020 Summer Olympics. Competition in Tokyo began in July 2021 instead of 2020. As…
An unusual weather phenomenon called a “gustnado,” which looks like a small tornado but is actually a type of whirlwind kicked up by thunderstorm winds, brought some dramatic moments to a western Michigan lake over the weekend. Video posted on social media shows the gustnado churning across Gun Lake south of Grand Rapids on Sunday,…
If a summertime rally in a presidential election year followed form, the S&P 500 might stand at 5650 by Labor Day, according to Bank of America. https://www.cnbc.com/2024/05/28/sp-500-jumped-10percent-in-first-100-trading-days-of-2024-what-happens-next.html
DC Advisory, the investment bank owned by Daiwa Securities Group Inc., hired Michael Moore and Jono Peters from Union Square Advisors as co-heads of US private-capital markets, according to people with knowledge of the matter. from Bloomberg Markets https://ift.tt/UFVhryd
Retik Finance initially seemed promising, with a peak price of $3.16, but it recently dropped to just $1.25, losing over 50% of its value. This sharp decline highlights the DeFi market’s instability, prompting investors to search for more secure investment avenues. In stark contrast, BlockDAG is gaining a strong foothold in the cryptocurrency market, with…
The Economic and Financial Crimes Commission (EFCC) has issued a warning against the practice of spraying naira notes at social events, emphasizing that it diminishes the dignity of the currency. In a recent post on its official X page, the Nigerian anti-graft agency urged residents to respect the naira and avoid ridiculing it. The EFCC…
Chief Compliance Officer of Bitwise Katherine Dowling says in the last two weeks we’ve seen a “tectonic shift emulating from Washington” as the SEC seeks approval for an Ether ETF, and crypto will factor in the upcoming US election. She speaks with Katie Greifeld and Tim Stenovec on “Bloomberg Crypto.” (Source: Bloomberg) from Bloomberg Markets…
Independent MP Emmanuel “Jay Jay” Banda is in hospital after an alleged abduction over the weekend. https://ift.tt/owsh4aR May 28, 2024 at 08:22PM