(Bloomberg) — Billions of dollars in arbitrage capital is looking for a new home after Elon Musk finally closed his $44 billion deal to buy Twitter Inc. Most Read from Bloomberg Merger arbitrage traders, who make money betting on the outcome of dealmaking among public companies, are now setting their sights on transactions involving Activision … Read more
Former President Chandrika Kumaratunga survived the attack at her final rally in the capital Former President Chandrika Kumaratunga survived the attack at her final rally in the capital Three Tamil rebels imprisoned for trying to assassinate Sri Lanka’s first woman head of state were pardoned and released on Monday, according to the president’s office. The … Read more
EXCLUSIVE: Fresh off strong notices for Darren Aronofsky’s Venice Film Festival drama The Whale, Stranger Things star Sadie Sink has been tapped to star with Eric Bana (Munich) and Sylvia Hoeks (Blade Runner 2049) in thriller Berlin Nobody, which got underway in the German capital today. Rising German actor Jonas Dassler — who got his breakthrough as … Read more
‘We are at the turning point’: Mortgage rates are up, but home prices may have peaked — just as debt forgiveness frees up more cash U.S. mortgage rates have spiked to their highest level in two months, dealing another blow to the slower-moving housing market. The rate on America’s most popular home loan, the 30-year … Read more