SpaceX raised a record $75 billion in its IPO on Friday after selling about 5% of its outstanding shares, but it could raise even more under a provision designed to…
Author: Admin
SpaceX soars 19.2% in blockbuster debut, lifting US markets higher
U.S. stocks ended higher on Friday as investors held out hope for a peace deal between Iran and the United States and as SpaceX shares surged in their debut, making…
Paramount wins DOJ approval for Warner Bros. Discovery merger as $7 million daily fee deadline looms
The US Department of Justice has formally approved David Ellison’s Paramount Skydance to acquire Warner Bros. Discovery for approximately $110 billion, clearing the most significant federal regulatory hurdle in a…
Officials say sprinklers at California medical equipment warehouse didnt work during blaze
TRACY, Calif. (AP) — Firefighters responding to a a massive medical equipment warehouse in Northern California and sent embers flying for miles were hindered by sprinklers and hydrants that weren’t…
Risks cloud hover over microfinance
KOLKATA: The prediction of a subpar and the ongoing could adversely impact rural livelihoods in the country, potentially raise the risks of new defaults in the Rs 3.31 lakh crore…
ED arrests two former Reliance Anil Ambani Group executives in money laundering case
The Enforcement Directorate on Friday arrested two former executives of the Reliance Anil Ambani Group (RAAG) under the Prevention of Money Laundering Act (PMLA) in Mumbai, officials said. The ED…
Advent International Is Said Near Close of $26 Billion Fund
(Bloomberg) — Advent International is nearing the final close of a $26 billion buyout vehicle, raising one of the biggest pools of capital in the private equity industry, according to…
PNB, Ujjivan raise FCNR deposit rates
New Delhi, State-owned on Friday said it has increased the interest rate on FCNR (B) USD deposits, providing non-resident Indians with an opportunity to grow their overseas earnings while safeguarding…
Why let gold sit idle? Here’s how gold leasing can help investors earn returns
Indian households view gold as a store of wealth that is purchased and then left untouched in bank lockers and safes for years. While the metal may appreciate in value…
SpaceX shares rise 11% on Nasdaq debut for market cap just shy of $2 trillion
SpaceX Inc.’s share price rose 11% in its Nasdaq debut Friday, lifting its valuation to about $1.96 trillion as investors piled into the world’s largest IPO and bought into Elon…