Page 733 - Bloomberg

Math doesn't add up: Differing views create confusion in TikTok-Oracle deal

A key reason for the discrepancy lies in differing views over the eventual distribution of TikTok's shares

Hotels to auto bonds: What global investors are buying in times of Covid-19

With asset values still seen as inflated, even in some hot areas like healthcare and technology, many are waiting for a potential second downturn after stimulus measures end

Make way for 'enertainers': Gensets at construction sites may be going out

While construction cranes have always run on electricity, they have tended to use diesel generators because the massive bursts of power needed would drain local grids and risk blackouts

Impressed by remote work of Apple employees, Cook sees permanent changes

Cook said he doesn't believe Apple will "return to the way we were because we've found that there are some things that actually work really well virtually"

Big banks let $2 trn in illicit funds move around world: FinCEN Files

Almost 90 financial institutions appear in the roughly 2,100 documents obtained, a fraction of the 2 million reports filed annually.

SCG Packaging plans to raise up to $1.7 billion in Thailand IPO

The company will sell an additional 169 million new shares should a so-called greenshoe option be exercised in full, the filing said

Rolls-Royce Holdings stock hits 17-year low as slump deepens for airlines

Europe's biggest airline will pull 150 jets by mid-decade, 50 more than in its previous plan

Jack Ma's Ant Group plans to lift IPO funding target to $35 billion

Ant's simultaneous listing in Hong Kong and Shanghai may mark the biggest IPO ever, topping Saudi Aramco's record $29 billion sale

ByteDance asserts control of TikTok and contests $5 billion fee

ByteDance and Oracle issued conflicting statements on Monday over the terms of an agreement they reached with the White House over the weekend to allow TikTok to continue

Chinese aircraft breach Taiwan airspace; raise risk of clash in the region

People's Liberation Army aircraft repeatedly breached the median line between Taiwan and the Chinese mainland last week, in the latest of a series of military exercises in the area

Nikola's founder Trevor Milton quits amid graft claims; shares dip

The resignation marks a remarkable fall from grace for Milton, a 39-year-old college dropout whose fortune soared when he took Nikola public through a reverse merger in June

Trump, China remarks cast a shadow on Oracle's deal for US TikTok

Treasury Secretary Steven Mnuchin remains confident that Trump will sign off on the transaction, but US national security officials continue to raise concerns

Amazon's buying spree for used planes makes green pledge harder to keep

Amazon has been among the biggest lessors of converted Boeing Co. 767s in the last five years as demand for online shopping has soared-more so since Covid-19 struck

Thanks to Covid, jet fuel is so cheap it's being blended for use by ships

The shift, almost unthinkable just a year ago, reflects the obliteration of demand the aviation industry has suffered in the wake of the Covid-19 pandemic

India's Covid-19 lockdown claims another victim; gold smuggling routes

Smugglers of gold have benefited from record high prices and a 12.5% import tax that India imposes on shipments of the metal and additional local taxes

Covid-19: UK comes up with fine of $13,000 for breaking isolation rules

Penalties will start at £1,000 pounds for breaking the restrictions starting from September 28, the prime minister's office said in a statement

China denies its 'unreliable entity list' targets US companies

China said it would continue to welcome foreign investors, open its economy by deepening market reforms, and that it has no intention to target any particular countries or entities

Daimler diesel claims mount as more investors seek damages: Report

Plaintiffs have demanded almost 250 million euros ($296 million) in damages in one case alone and claims in three other cases totaled an additional 100 million euros

Thailand protesters claim victory with a letter to king's council

Tens of thousands gather near Thammasat varsity campus for the biggest anti-govt protest since the 2014 military coup

Saudi firms start talks to form $11 billion chemicals maker; shares surge

The discussions are at an initial stage and no agreement has been reached, the companies said Sunday