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Loan Frenzy Masks Losses From Defaults: Credit Weekly
Bloomberg via Yahoo Finance· 13 hours ago(Bloomberg) -- Companies sold a record volume of leveraged loans last month, taking advantage of the...
Didi Reports Bigger Loss as Incentives, EV Bet Continue to Weigh
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- Didi Global Inc.’s net loss grew in the March quarter, after climbing marketing costs...
AP Business SummaryBrief at 3:39 a.m. EDT
The Norman Transcript· 4 days agoShares of Trump Media & Technology Group, the owner of social networking site Truth Social, have slumped after former President Donald Trump was convicted in his hush money trial. A New York ...
Factory automation looking more like us
China Daily· 6 days agoThe robot, Walker S, is produced by Chinese AI and humanoid robotics company UBTech Robotics. This is not the first time that the company's humanoid robots have created an ...
China's Didi Global Falls to First Quarter Loss on Drop in Xpeng Income
US News & World Report· 5 days agoDidi reported a net loss attributable to shareholders of 1.4 billion yuan ($193.13 million) for the three months to end-March, largely attributing that to a fall in investment income from its ...
How Beyond Meat is trying to get its sizzle back
Los Angeles Times· 3 days agoWhen Beyond Meat went public in 2019 in an initial stock offering that saw its shares nearly triple in price, it seemed to confirm that plant-based meats...
Tirzepatide Sheds Pounds in Chinese Adults With BMI as Low as 24
MedPage Today· 4 days agoPercentage weight loss is in line with pivotal trial results using standard obesity thresholds
Chili crisp capitalism meets a new wave of Asian American cynicism
LA Times via Yahoo Finance· 3 days agoThough MiLà, which last year raised $22.5 million in an initial funding round, isn’t exactly a...
Lenovo issues US$2 billion convertible bonds to Saudi Arabia sovereign fund to finance debt...
South China Morning Post via Yahoo Finance· 5 days agoThe three-year bonds will pay no interest but give the investor, Alat, a subsidiary of the Saudi...
Saudi Arabia Builds Bet on Asia Tech With $2 Billion Lenovo Deal
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- Lenovo Group Ltd. plans to sell $2 billion worth of zero-coupon convertible bonds to...