Tag: <span>bloomberg wire</span>

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What Is Monkeypox and Should You Be Worried?

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A case of the rare and potentially dangerous monkeypox has been confirmed in the U.S., with two news cases appearing in the U.K., bringing the total number there to nine.

The infected Massachusetts m..

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Sri Lanka Default Hints at Trouble Ahead for Developing Nations

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Sri Lanka’s impending default on $12.6 billion of overseas bonds is flashing a warning sign to investors in other developing nations that surging inflation is set to take a painful toll.

The South As..

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Elon Musk Says Twitter Must Prove Bot Claims for $44B Deal to Proceed

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Elon Musk declared he won’t proceed with his $44 billion takeover of Twitter Inc. unless the social media giant can prove bots make up fewer than 5% of its users, casting yet more uncertainty over the..

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Elon Musk Declares $44 Billion Twitter Takeover ‘On Hold’

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Elon Musk tweeted that his $44 billion takeover of Twitter Inc. is “temporarily on hold” as he awaits data on its proportion of fake accounts, sending the social media giant into a tailspin.

Twitter ..

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G7 Expresses ‘Grave Concern’ Over Hong Kong Leader’s Election

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The foreign ministers of the Group of Seven most industrialized nations expressed “grave concern” over the process by which Hong Kong selected its next Chief Executive, calling it an assault on the fu..

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Sri Lanka Leader’s Brother Quits as Prime Minister in Escalating Crisis

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The brother of Sri Lankan President Gotabaya Rajapaksa resigned as premier on Monday as weekslong protests over Asia’s fastest inflation turned violent, prompting the government to impose a curfew and..

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Sri Lanka Imposes Curfew as Government Backers, Protesters Clash

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Sri Lanka has imposed a nationwide curfew as clashes erupted between government supporters and citizen protesters demanding the premier and his brother, the president, resign in recognition of the nat..

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Peloton Seeking Buyers for Stake of About 20% of Company

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Peloton Interactive Inc. is seeking to sell a stake of about 20% as part of a push to turn around the embattled fitness company, according to a person familiar with the situation.

The hope is to find..

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Elon Musk Secures $7.1 Billion in New Financing for Twitter

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Elon Musk has secured about $7.1 billion of new financing commitments for his proposed $44 billion takeover of Twitter Inc., the company said in a filing Thursday.

The commitments come as the Tesla I..

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World Hunger to Worsen After Spiking 25% Before Ukraine War

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The number of people going hungry surged by 25% last year and the toll is rising as the war in Ukraine sends food prices ever higher.

Conflicts in countries like Ethiopia and Afghanistan have worsene..