The bulk of Ricardo Salinas' $10.5 billion wealth is tied up in Grupo Elektra, which is poised to plunge in value when it begins trading again on the Mexican stock exchange.
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Bloomberg News reposted this
https://lnkd.in/dCy6rCt3 Monthly trading in unlisted has averaged as much as $300 million this fiscal year, up from $50 to $60 million last year. As India’s stock exchanges expand, minting dozens of billionaires over the past few years, a sprawling and largely unregulated gray market for unlisted shares is revealing new risks and regulatory gaps W/ Alex Gabriel Simon Bloomberg News
Boom in Unlisted Share Trading Creates Riches and Risks in India
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Does Donald Trump’s pick of Scott Bessent as Treasury secretary mean some relief for China over tariffs — even after the President-elect's latest levy threat? Rebecca Choong Wilkins with more https://trib.al/iN4tquN
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CSL has built a A$130 billion market cap on blood, vaccines and iron, becoming Australia's third biggest listed company. This week's Bloomberg Australia podcast asks: what's next for the biotech company in a post-pandemic world?
The Bloomberg Australia Podcast - Bloomberg
bloomberg.com
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A Singapore businessman who convinced investors to put a total of S$1.5 billion into a nickel trading scheme channeled a third of that into his own accounts, prosecutors said.
Singapore Prosecutors Say Trader Took $360 Million in Metal Scam
bloomberg.com
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CBS accused Sony of trying to pressure it through litigation into giving up decades-old rights to distribute the popular Wheel of Fortune and Jeopardy! game shows.
CBS Fires Back at Sony in Court Feud Over ‘Jeopardy!’ Deal
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India’s rupee has managed to weather the global currency storm unleashed by Donald Trump’s tariff threats, but not without consequences. Read for free with your email on what else could move markets today.
Stable Indian Rupee Weathers Currency Storm Unleashed By Trump's Tariff Threats
bloomberg.com
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Chinese sales of electric vehicles and hybrids have accounted for more than half of retail passenger vehicle sales in the four months from July, a trend that’s poised to send appetite for transport fuels into decline
China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff
bloomberg.com
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From buying drastically less to gifting secondhand items, US families are adapting to save money this holiday season.
Inflation-Battered Consumers Are Going to Extreme Lengths to Nab Holiday Deals
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The US is weighing additional chip sale restrictions to China that stop short of some stricter measures previously considered.
US Readies China Chip Curbs That Stop Short of Earlier Proposals
bloomberg.com