SpaceX seeks $750 million leveraged loan
NEW YORK (LPC) – Elon Musk’s Space Exploration Technologies Corp, known as SpaceX, is looking to line up a $750 million leveraged loan, sources said.
Soccer: French club Bordeaux sold to U.S. hedge fund
French club Girondins de Bordeaux have been sold by the media company M6 Metropole Television to Los Angeles-based hedge fund General American Capital Partners (GACP), the French firm said on Tuesday.
Wall Street inches higher ahead of U.S. election results
U.S. stocks rose on Tuesday, as strong earnings and easing of trade tensions lifted materials and industrial sectors but trading volumes were light as uncertainty about the outcome of U.S. midterm elections kept investors on the sidelines.
Judges named to hear government’s appeal of AT&T Time Warner deal approval
A panel of three federal appeals court judges named by former Presidents Ronald Reagan, Bill Clinton and Barack Obama will hear the Justice Department’s appeal of a ruling allowing AT&T Inc to acquire Time Warner, court records show.
Stocks edge up, dollar steady, as U.S. votes in midterms
Stock markets edged up modestly on Tuesday, with trading thin in the United States, while the dollar and Treasury yields held steady, as Americans went to the polls in a pivotal midterm election that could shift the balance of power in Congress.
Caution grips European stocks ahead of U.S. mid-term results
European shares ended a choppy session in negative territory on Tuesday as investors punished companies like Zalando that missed expectations and remained cautious while waiting for the results of U.S. mid-term elections.
German prosecutors search BlackRock in dividend-stripping inquiry: source
Prosecutors searched the Munich offices of BlackRock on Tuesday, a person with knowledge of the matter said, as part of the country’s largest post-war fraud investigation.
EU approves Disney buy from Fox if makes TV divestments
Walt Disney’s $71.3-billion offer to buy Twenty-First Century Fox Inc’s entertainment assets won approval from the European Commission on Tuesday, subject to Disney selling interests in factual TV channels in Europe.
Iran predicts ‘difficult days’ for oil consumers worldwide: SHANA
Iran’s oil minister said on Tuesday that U.S. sanctions on Iranian crude exports mean difficult days for oil consumers worldwide, adding that waivers issued by Washington to eight importing countries will not satisfy market demand.
U.S. ends safety probe into nearly 50,000 U.S. Ford police vehicles
The National Highway Traffic Safety Administration is closing an investigation into nearly 50,000 Ford Motor Co Explorer Police Interceptor vehicles over reports of sudden brake failures, it said on Tuesday, without seeking a recall.
