An Alibaba affiliate would become the largest public offering for sale in history, according to Jack Ma

An Alibaba affiliate would become the largest public offering for sale in history, according to Jack Ma

Ant Group , a fintech company, a subsidiary of Alibaba , plans to raise more than $ 34 billion jointly on its listing on the Shanghai and Hong Kong stock exchanges. This fact would make it the largest public offering for sale in history. “This is the first time that the …
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Chipmakers AMD and Nvidia are using skyrocketing stock prices to make industry's biggest acquisitions

Just over six weeks after Nvidia announced its $40 billion acquisition of Arm, AMD said on Tuesday that it’s agreed to buy Xilinx for $35 billion. If completed, they would be two of the three biggest semiconductor deals ever. AMD and Nvidia are taking …
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Michael Bloomberg pours $15 million into last-minute ad campaign to boost Biden in key …

Bloomberg will use his Super PAC, Independence USA, to air television ads across both states, according to a political advisor. Biden has eyed Ohio
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Surprise Strength, Climate's Costs, Impossible Trinity: Eco Day

Here's the latest news and analysis from Bloomberg Economics to help you start the day: The U.S. economic recovery's strength has consistently
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Premier Inn owner hit by £725m loss as local lockdowns dent bookings

Whitbread, the owner of Premier Inn, has slumped to a loss of £725m in the first half of its financial year and warned that bookings had slowed since regional lockdowns were imposed in October. The UK’s biggest hotel operator, which also owns the Beefeater …
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