03:45 AM EDT, 03/11/2025 (MT Newswires) -- Wayfair ( W ) said Tuesday its Wayfair LLC subsidiary has priced a private offering of $700 million of 7.750% senior secured notes due 2030. Proceeds from the offering, expected to close on Thursday, will be used to repurchase about $580 million of its 1% convertible senior notes due 2026 and for general...

DUBAI (Reuters) - Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex after completing a tender offer. ADQ is now a majority shareholder in Aramex through a 35.31% stake acquired via the tender offer from unit Q Logistics, having previously held a 22.69% stake through Abu Dhabi Ports Group. In...

SHANGHAI/SINGAPORE (Reuters) - If you cannot fight them, join them, is the mantra among Chinese mom-and-pop investors who are embracing DeepSeek and other artificial intelligence tools, in sharp contrast with last year's government crackdown on computer-driven quantitative traders. Online crash courses have mushroomed and training rooms are packed with retail traders eager to beat the market using computer models, as...

03:38 AM EDT, 03/11/2025 (MT Newswires) -- Faraday Future Intelligent Electric ( FFAI ) said Tuesday that it will enter the New York State electric vehicle market with the FF 91 2.0, followed by potential FX models. The company said it will offer premium leasing services, focusing on flexible terms and tailored solutions for future regional customers. ...