Wood Group said the offer of 220 pence a share significantly undervalues the company and its growth prospects. https://www.wsj.com/articles/wood-group-knocks-back-sweetened-1-93-billion-bid-from-sidara-28686161
Hungary is working to “redefine” the country’s NATO membership status to allow for opt-outs should the military alliance undertake military actions outside of the defense alliance’s territory, Prime Minister Viktor Orban said. from Bloomberg Politics https://ift.tt/OYgRDcm
Wong Wai Ming, Executive Vice President and CFO at Lenovo, discusses his key takeaways from the company’s annual results and speaks on the current AI trends and its impact on the PC market. He speaks on “The Pulse with Francine Lacqua“. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/VJyMEKq
TL;DR Binance added new trading pairs and trading bot services, including PEPE/EURO. The company will remove certain trading and margin pairs by the end of May, advising users to close positions to avoid losses. The Latest Updates Binance – the world’s largest cryptocurrency exchange – continues implementing changes on its platform to enhance user experience…
UK household energy bills will drop in July, the same week the country goes to the polls in an election where cost of living is a key issue. from Bloomberg Politics https://ift.tt/9qQpwKD
The pound’s peer-beating rally received another boost this week as an interest-rate cut by the Bank of England next month became virtually unthinkable to traders. from Bloomberg Markets https://ift.tt/7pHDizM
Crypto markets have largely held on to gains this week, buoyed by Ethereum and the US Securities and Exchange Commission’s approval of spot exchange-traded funds. However, around $1.4 billion in notional value Bitcoin options contacts will expire on May 24. The 21,000 contract expiry is a relatively small event compared to the month-end May 31…
The death of Iranian president Ebrahim Raisi raises a serious question about the future of one of the most powerful jobs in the Middle East: who or even what can succeed Supreme Leader Ayatollah Ali Khamenei. Bloomberg News’ Ziad Daoud discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/jx64TEJ
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum just had one of its best weeks after its price exploded by almost 30%. It came on the news that an ETF approval was imminent, which was confirmed a few days later. Now, the price is consolidating…
The enormous capital raise by the UK’s National Grid Plc is Europe’s largest rights offering outside the banking sector for 15 years, according to its chief executive officer. And it’s in stark contrast to the funding approach taken by Britain’s struggling water companies. from Bloomberg Markets https://ift.tt/zT4LAVy