Drilling Commences at Leonora South
May 12, 2025
Blackstone to Takeover American Campus Communities in $12.8B Deal
American investment firm Blackstone Inc. has agreed to acquire student-housing firm American Campus Communities Inc. in a deal valuing the firm at $12.8 billion, according to a report on WSJ....
Read moreMetaverse Startup The Sandbox Set to Raise $400M at $4B Valuation
The Sandbox, a platform that enables the trading of virtual assets, is exploring raising fresh funds at a valuation of over $4B, according to a report by Bloomberg on Tuesday....
Read moreWhat to Watch Out for in Wall Street Next Week
American investors will be watching out for earnings releases of defensive stocks in the coming week, with the sector continuously outperforming, according to a Reuters report. Among the defensive stocks...
Read moreBlackstone, Edizione Propose €54-B Deal to Take Atlantia Private
Blackstone and holding firm Edizione have proposed a €54-billion takeover deal for Italian infrastructure operator Atlantia, according to an FT report. The proposal translates to €23 a share, bringing the...
Read moreGoldman Sachs Posts Stronger-Than-Expected Q1 Profits Despite Slump in Deal-Making
Goldman Sachs Group posted better-than-expected Q1 earnings as global revenues offset a fall in dealmaking fees, according to a press release by Goldman Sachs on Thursday. Goldman stated that first-quarter...
Read moreElon Musk Proposes $41 Billion Cash Offer for Twitter
Popular businessman Elon Musk on Thursday offered an unsolicited proposal to takeover social media giant Twitter for $41 billion, according to a Reuters report. Musk told Twitter’s board that the...
Read moreCircle Eyes Crypto Bank Charter in ‘Near Future,’ Says Jeremy Allaire
USD Coin issuer Circle Internet Financial Ltd. is eyeing to apply for a crypto bank charter in the United States in the ‘“near future,” Chief Executive Jeremy Allaire said in...
Read morePentagon to Discuss Ukrainian Aid With Major Defense Contractors
Top officials of the Pentagon are set to meet with major defense contractors to discuss possible steps to aid Ukraine in its ongoing conflict with Russia, according to an FT...
Read moreBlackRock Eyes Chinese ETF by Fourth Quarter
BlackRock Inc. is eyeing to roll out its first exchange-traded fund (ETF) in China latest this year, according to a Reuters report. BlackRock has reportedly started to hire staff for...
Read moreWalmart Recruits PayPal’s Executive John Rainey as its New Chief Financial Officer
Walmart Inc hired PayPal Holdings Inc. Chief Financial Officer John Rainey as its new CFO as the firm seeks to build a fintech app, according to a report by Bloomberg...
Read moreLucid Rolls Out Air More Expensive, More Powerful Sedan
American electric-car maker Lucid has launched a new and more expensive version of its sedan touting more power, according to a CNBC report. Dubbed the Lucid Air Grand Touring Performance,...
Read moreDaily Journal Slashes Alibaba Stake by More Than Half
Los Angeles-based software firm Daily Journal Corp. has cut down its holdings in the Chinese giant Alibaba Group Holding Ltd., according to a Reuters report. A regulatory filing showed that...
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