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MicroStrategy Bulls Unfazed by Double Dose of Pain
(Bloomberg) -- Shares of MicroStrategy Inc. have been hit hard this year as its once-winning approach of being a tech company that also holds billions of dollars in Bitcoin sends investors rushing for the exit. Analysts are holding fast in…
Japan to End Financing of Key Coal Projects Under Climate Pledge
(Bloomberg) -- Japan will withdraw financing for key coal-fired power plant projects in Bangladesh and Indonesia under efforts aimed at accelerating a global phase-out of the dirtiest fossil fuel. Most Read from Bloomberg The World’s Bubbl…
Toshiba Surges on Report of Bids at $22 Billion Valuation
(Bloomberg) -- Toshiba Corp. shares jumped as much as 6.5% on Thursday after Reuters reported bidders are considering offering up to 7,000 yen per share to take the company private, which would value the deal at about $22 billion. Most Rea…
Private Equity Giants Called Vultures Eye Breakthrough in Japan
(Bloomberg) -- For years, private equity giants have worked to change a damaging public perception in Japan: that they’re “vultures,” hacking companies apart and gorging on their remains. Most Read from Bloomberg Switzerland Imports Russia…
(Bloomberg) -- Chindata Group Holdings Ltd., a Chinese data center company backed by private equity firm Bain Capital, has received preliminary takeover interest from other firms in the industry, according to people familiar with the matte…