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SPREAD BETWEEN 10-YEAR UK GILTS AND GERMAN BUNDS NARROWS TO TIGHTEST IN A MONTH
2026-05-21
SPREAD BETWEEN 10-YEAR UK GILTS AND GERMAN BUNDS NARROWS TO TIGHTEST IN A MONTH
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2026-05-21
The co-founders of Manus are exploring options to unwind a controversial acquisition by Meta Platforms after pressure from Beijing, including raising about $1 billion from external investors to buy back the Chinese-founded AI company, according to pe
The co-founders of Manus are exploring options to unwind a controversial acquisition by Meta Platforms after pressure from Beijing, including raising about $1 billion from external investors to buy back the Chinese-founded AI company, according to people familiar with the matter. Founders Xiao Hong, Ji Yichao and Zhang Tao are discussing financing at a valuation matching at least the roughly $2 billion Meta paid for Manus. Plans under consideration include restructuring Manus as a Chinese joint venture ahead of a potential Hong Kong IPO. Discussions remain preliminary, and challenges include separating Manus’s AI technology from Meta’s systems after integration.
2026-05-21
Indian government officials: 14 Indian vessels are stranded in the Strait of Hormuz.
Indian government officials: 14 Indian vessels are stranded in the Strait of Hormuz.
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