finance

Lucid Group Inc., a maker of high-end battery electric vehicles, didn’t so much stare into the abyss this week as bungee-jumped it. An article on an obscure EV blog claiming Lucid was considering filing for bankruptcy touched off an intra-day 57% plunge in the stock on Tuesday. While the company has

The president has told Bank of America and JPMorgan Chase to stop cutting conservatives off from doing business.

Lucid Group Inc., a maker of high-end battery electric vehicles, didn’t so much stare into the abyss this week as bungee-jumped it. An article on an obscure EV blog claiming Lucid was considering filing for bankruptcy touched off an intra-day 57% plunge in the stock on Tuesday. While the company has

Government wants to encourage UK IPOs of portfolio companies as FTSE exodus continues

Syngenta Group’s planned $5 billion Hong Kong initial public offering is facing delays as the seed and pesticide company waits for better conditions in the agriculture sector, according to people familiar with the matter.

Shares of Brazilian education company Anima Holding SA slumped a record 33% on Wednesday after it agreed to repurchase a business it had sold five years ago, with analysts citing high valuation and an increase in leverage.

Smaller deals involving regional banks and wealth managers are driving acquisitions in the financial services industry, according to a clutch of industry watchers.

Brazil’s government plans to publish a provisional measure on Wednesday to renegotiate more than 100 billion reais ($20 billion) in rural debt, as President Luiz Inácio Lula da Silva prepares to seek reelection in October.

A group of lenders led by JPMorgan Chase & Co. is lining up a debt package worth up to $3 billion to support Warburg Pincus’ acquisition of Pantherx Specialty LLC, according to people familiar with the matter.

Union Bankshares declares $0.36 dividend