Browsing Tag
abandons
Elon Musk abandons deal to buy Twitter; company says it will sue
AP
San Francisco, July 9
Elon Musk announced on Friday that he would abandon his tumultuous $44 billion offer to buy Twitter after the company failed…
Tongaat Hulett abandons planned R5bn rights offer
The decision by JSE-listed Tongaat Hulett to terminate an underwriting agreement of up to R2 billion with Magister Investments, for its planned R5 billion rights issue to reduce the company’s massive debt, has been welcomed.
Analyst and…
End of strict COVID measures in China could result in 1.5 million deaths, study finds: Researchers…
Dr. Marco Ajelli and other researchers in both China and the U.S. issue grim predictions if China abandons Zero-COVID policies.
Dr. Marco Ajelli of the Indiana University School of Public Health-Bloomington is one of several authors of…
Forbes abandons plans to list via Spac
Forbes, the media business known for chronicling the fortunes of the ultra-rich, has abandoned plans to list through a merger with a special purpose acquisition company as investor interest in the market has cooled significantly,…
UK universities union abandons national approach to marking dispute
The long-running industrial dispute over pension cuts and working conditions at UK universities appears to be faltering, after union branches abandoned a national marking strike due to start this week that could delay students from…
Magellan reels as rock star investor Douglass abandons the stage
On Thursday Magellan’s founder Hamish Douglass delivered a sermon to a throng of small investors with a key message to avoid the emotional roller-coaster of market movements. By Sunday morning, when he contacted Magellan’s deputy chairman,…
Meta abandons its cryptocurrency venture, Diem
Issued on: 01/02/2022 - 04:07
The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million sale of its technology, capping a years-long…
Nvidia likely to lose $3.25billion if it abandons Arm’s deal
Nvidia made a $40billion (approx £30billion) bid for chip designing giant, Arm, but is rumoured to be looking for an exit strategy due to slow progress.
According to a report by Bloomberg, insiders have suggested that Nvidia “doesn’t…
Binance abandons plans for Singapore crypto platform
Binance will close its Singapore crypto trading platform after clashing with regulators in the city-state earlier this year, marking the latest blow to the exchange’s efforts to establish operations in a major financial centre.…