(Bloomberg) — SpaceX is discussing plans to raise money and sell insider shares in a deal that would value Elon Musk’s rocket and satellite maker around $400 billion, people familiar with the matter said. Most Read from Bloomberg The valuation would mark a significant premium to the $350 billion high-mark set during SpaceX’s share buyback…
(Bloomberg) — Wall Street’s latest tax dodge doesn’t hide in the Cayman Islands or rely on complex derivatives. It’s engineered to turn a publicly traded fund into a tax-minimizing machine that hums quietly on autopilot. Most Read from Bloomberg Invest in Gold Powered by Money.com – Yahoo may earn commission from the links above. While…
Mercedes-Benz Group AG’s vehicle sales declined in the second quarter after trade tensions led by President Donald Trump’s tariffs hit demand in the US and China. Mercedes’ global car sales fell 9% to 453,700 units from a year earlier, the German company said Monday. Sales dropped 12% in the US and 19% in China —…
(Bloomberg) — India has temporarily barred Jane Street Group LLC from accessing the local securities market for alleged index manipulation, dealing a severe hit to the US firm that made $4.3 billion in trading gains there in more than two years. Most Read from Bloomberg The Securities and Exchange Board of India said it would…
Updated Jul 5, 2025 20:44 IST Bill Gates is no more world’s top 10 billionaire. Image: facebook.com/BillGates/ ET Now Digital Bill Gates Net Worth : Microsoft cofounder Bill Gates is no longer the top 10 richest people in the world as he lost USD 52 billion in net worth. As per Bloomberg, Gates’ net worth…
US President Donald Trump has reaffirmed his interest in visiting China and announced that talks between Beijing and Washington were set to start early next week on a possible TikTok deal that could determine the future of the popular video-sharing platform. The fate of TikTok, which faces a potential ban in the US over national…
(Bloomberg) — US stock futures retreated Friday as American trade partners pushed for concessions ahead of a July 9 deadline to finalize trade deals with the Trump administration. Meanwhile OPEC+ delegates meeting tomorrow will consider an increase of more than 411,000 barrels a day in August. Most Read from Bloomberg Contracts for the US benchmark…
(Bloomberg) — President Donald Trump’s administration plans to restrict shipments of AI chips from the likes of Nvidia Corp. to Malaysia and Thailand, part of an effort to crack down on suspected semiconductor smuggling into China. Most Read from Bloomberg Invest in Gold Powered by Money.com – Yahoo may earn commission from the links above….
Hong Kong could benefit from Singapore’s recent move to oust unlicensed cryptocurrency companies, according to analysts, potentially leading to a significant injection of liquidity. On May 30, the Monetary Authority of Singapore instructed cryptocurrency firms incorporated in the city and offering services abroad to acquire a licence or leave the country. Singapore’s central bank subsequently…
(Bloomberg) — President Donald Trump’s new trade deal with Vietnam sends a clear signal about where US tariffs on Chinese goods might ultimately land, as talks between Washington and Beijing continue following their recent truce. Most Read from Bloomberg Chinese goods currently face tariffs of around 55%, a level expected to remain through August. But…