flash-finance

The incredible shrinking stockmarket

Norrsken VC General Partner Agate Freimane speaks with Bloomberg's Tom Mackenzie from the Founders Forum in Oxfordshire, UK. (Source: Bloomberg)

SpaceX’s ambition, to quote the ludicrously woo-woo language of its listing prospectus, is “to extend the light of consciousness to the stars.” To get to that ethereal end-state, however, it’s going to need to consume colossal quantities of hard physical stuff.

Blackstone Inc. is in discussions with Canada’s H&R Real Estate Investment Trust about a potential acquisition, according to people with knowledge of the matter.

Cosmos Health signs LOI to acquire Doc Pharma S.A.

Ecuador is cutting beer prices by more than 20% through a temporary tax cut to rally “extra support” for the national football team during the World Cup, President Daniel Noboa said.

The Chicago Mercantile Group announced plans to offer 24-hour, seven-days-a-week trading in new, smaller crude oil futures and its existing gold contract, the exchange said Thursday.

Stocks in Asia were set to advance Friday, tracking a rally on Wall Street after President Donald Trump said the US was nearing an agreement with Iran, raising hopes for a diplomatic end to a conflict that has rattled global markets. Oil dropped.

Brand Industrial Services Inc., a scaffolding and industrial services company that does business as BrandSafway, reported sharply lower first-quarter earnings as higher costs and spending on its push into data center construction weighed on results, according to people familiar with the matter.

Investors across Asia have been largely shut out of the world’s largest-ever initial public offering, which has forced them to find creative ways to make bets on SpaceX’s $75 billion global spectacle.