: The British billionaire is determined to eventually tap public markets, as a $6 billion Greensill Capital refinancing push enters a second yearHP’s stock soared to a record high after Warren Buffett’s Berkshire Hathaway revealed it had taken an 11.4 per cent stake valued at about $US4.2 billion in the maker of personal computers and printers.
Walmart is ramping up pay for its truckers as the retailer seeks to shore up staffing amid a nationwide need for drivers. Fanning fears over recession risks in the euro area, a Reuters poll saw euro zone inflation staying high for the remainder of 2022.China stocks closed down on Thursday as the country’s worst coronavirus outbreak since the initial wave in 2020 clouded the economic growth outlook, despite pledges by authorities to roll out more policy support.
US regulators are now engaged in a six-month review aimed at coming up with recommendations on a raft of issues linked to digital assets, including a digital version of the US sovereign currency. The initiative was launched through an executive order by President Joe Biden.
Steel consumption in March and April, the traditional peak season, has been sluggish this year as the pandemic disrupted industrial activities.The most-traded steel rebar futures, used as construction material, on the Shanghai Futures Exchange for October delivery fell 1.2 per cent to 5070 yuan a tonne at close.
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