Trump set to make $1.25B 'earnout' bonus as Trump Media stock hits benchmark
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Trump Media & Technology Group’s stock is tumbling again after the company announced a massive new influx of shares. The struggling company is rapidly losing money, and a new stock offering could help it stay afloat. But there’s a downside to going back to the market with new shares: A new public stock offering of 21.5 million shares announced Monday would add more than 15% more stock to the publicly available shares of the Truth Social owner. That would substantially devalue existing...
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Stock trading hits 3-month low on prospect of new war
The prospect of a war between Iran and Israel is believed to have affected Bangladesh’s capital market. Due to the disruption of import trade in the country, triggered by the Russia-Ukraine war, the profits of most of the listed companies had already decreased during this economic recession, and this time, it has also spread fear in the capital market. Market analysts say there is no direct trade with Iran in Bangladesh. As a result, listed companies are less likely to…
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China's foreign trade up 5 pct in Q1, hits new records
BEIJING, April 12 (Xinhua) -- China's total import and export of goods expanded 5 percent year on year in yuan terms in the first quarter of...