Bilibili plans $700m convertible notes, Tencent to buy $200m
Tencent will subscribe for US$200 million of the convertible notes.
We haven't written up this one. Tech in Asia has the full story — the link below goes straight to it.
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Oando: Unlocking Billion Barrels of Opportunity
EDGY OPTIMIST By Obinna Chima Renaissance Capital Africa recently initiated coverage of Oando Plc with the argument that the market is valuing the company on the weight of its debts
- Oando Plc holds 920 million barrels of oil equivalent reserves, primarily gas.
- Renaissance Capital values Oando at N1.53 trillion, far above current N320 billion market cap.
- Company's production expected to increase 4.5 times by 2030, stabilizing against commodity cycles.
US diesel price hits new high
WASHINGTON: The price of diesel — the vital fuel used for road hauling, agriculture and construction — hit a new record Friday in the United States, as disruption from the US war with Iran squeezes…
Why UiPath Stock Plunged Today
AI-powered challengers could slow the business software provider's growth.
Weather, war push up food prices: FAO
PARIS: Food price inflation accelerated in August as drought and conflicts impacted commodity markets, with sugar prices hitting their highest level in more than a year, UN data showed Friday.
Honeywell Is Now Three Companies. Here's Which Piece I'd Actually Own.
Honeywell was a giant industrial conglomerate, but today it is three different businesses, and Honeywell's CEO is still running one of them.
The Blackest Black Box Mid-Session Review Ever
I was looking to see what the Administration’s Mid-Session Review economic forecast looked like. Alas, courtesy of Jared Bernstein, I am disappointed. Did Vought et al.