Dimon Calls Push to Stop All Oil, Gas Projects Enormously NaïveMarkets today: Bond yields hit 2024 highs with inflation in focusBlackstone Bet Spurs Biggest Apartment-Stock Jump in Four MonthsTrump Media Spirals as 37% Dive From Debut Close Erases BillionsYen’s Slump Faces Make-or-Break Moment After US Inflation DataEnergy Transfer Files for Regulator Review in Pipeline DisputeFrench IT Firm Atos Seeks at Least €1 Billion in New Funds, Aims to Halve DebtElite College Credit Ratings Take a...
tradingExpectations of a June interest rate cut solidify as cracks widen in labour marketBlowout U.S.
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Airbus Walks Away from Talks to Buy Part of Struggling French IT Firm AtosAtos SE, the legacy IT company once seen as the rising star of France’s tech industry, is facing a wall of debt — and it’s running out of options for bringing it down.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
France Seeks National Solution to Protect Atos Strategic AssetsFrance’s finance ministry says it will find a national solution to protect the strategic activities of Atos SA after Airbus SE walked away from talks to buy its big data and cyber security business.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Hyundai’s Ship Repair Firm Seeks Biggest Korean IPO Since 2022A company that repairs and manages ships kicked off what’s poised to be South Korea’s biggest initial public offering in two years, with analysts citing strong revenue growth a key attraction.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Safety Firm UL Solutions Holder Seeks Up to $812 Million in IPOSafety firm UL Solutions is planning to raise up to $812 million in its initial public offering (IPO). This news comes as Tesla's sales fall short of estimates for the first time since 2020. Additionally, Enauta has proposed a merger with Brazil Oil Juniors, while Shell warns that support for the energy shift will decrease if prices soar. Other news includes a gag order expansion in the Trump hush-money trial, Apple's struggle after its worst quarter in a decade, and the auction of a Tesla Cyberbeast to test its resale value. GoldenTree, owned by Tananbaum, has sold its crypto subsidiary to Republic. Furthermore, the UAE has cut its economic growth forecast due to the OPEC+ oil output cap, and oil prices are near a five-month high due to Middle East risks and a supply cut in Mexico. Lastly, Russian crude processing has increased after drone strikes caused a temporary output cut.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Atos to Present Debt Plan as Onepoint Bolsters Rescue CoalitionEmbattled French IT company Atos SE will present a debt restructuring plan on Monday, as the company’s top shareholder Onepoint seeks to build a coalition to offer an alternative rescue plan.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Butler Industries joins Onepoint in Atos rescue consortiumParis-based Butler Industries is joining a consortium to rescue distressed IT consulting firm Atos, the company's leading shareholder Onepoint said on Sunday...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »