TOPCMB

Analysis: Blackstone REIT restriction a possible warning sign for markets

LONDON, Dec 2 (Reuters) – While there has been little wider fallout from this week’s surge in redemption requests at an unlisted Blackstone real estate income trust (REIT), it is being read by some as a warning sign. Blackstone (BX.N) limited withdrawals from its $69 billion unlisted REIT on Thursday after redemption requests hit pre-set …

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‘No sacred cows’ as pipeline company TC Energy prepares for C$5 bln asset sales

WINNIPEG, Manitoba, Dec 2 (Reuters) – As TC Energy Corp (TRP.TO) prepares to unload C$5 billion ($3.7 billion) in assets next year, investors and analysts say the North American pipeline operator has plenty of options without touching its core gas business. Chief Executive Francois Poirier cleared up any ambiguities this week when asked how much …

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Musk delivers the first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after its unveiling No details on orders or capacity for electric trucks Semi uses existing Tesla motors, to feature a new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) without offering updated …

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Blackstone’s $69 bln REIT curbs redemptions in blow to property empire

NEW YORK, Dec 1 (Reuters) – Blackstone Inc (BX.N) limited withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday after a surge in redemption requests, an unprecedented blow to a franchise that helped it turn into an asset management behemoth. The curbs came because redemptions hit pre-set limits, rather than Blackstone …

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Florida pulls $2 bln from BlackRock in largest anti-ESG division

Dec 1 (Reuters) – Florida’s Chief Financial Officer said on Thursday his department would pull $2 billion worth of its assets managed by BlackRock Inc (BLK.N), the biggest such division by a state opposed to the asset manager’s environmental, social and corporate governance (ESG) policies. The move will hardly dent BlackRock’s $8 trillion in assets …

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Five letter bombs detected in Spain, country steps up security

First device sent to prime minister’s office on Nov. 24 Four similar letter bombs received on Wednesday and Thursday Ukraine embassy official slightly injured by one device Defense ministry, arms manufacturer, air base also targeted ‘Homemade’ devices designed to burn rather than explode MADRID, Dec 1 (Reuters) – Bomb disposal experts defused a fifth letter …

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Elon Musk expects Neuralink’s brain chip to begin human trials in 6 months

Nov 30 (Reuters) – Elon Musk said on Wednesday he expects a wireless brain chip developed by his company Neuralink to begin human clinical trials in six months, after the company missed earlier timelines set by him. The company is developing brain chip interfaces that it says could enable disabled patients to move and communicate …

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Biden says Ukraine, COVID are priorities; Senate Democrats push for spending bill

WASHINGTON, Nov 29 (Reuters) – Top US Democrats said on Tuesday that securing more funding for Ukraine and COVID-19 and passing a full-year spending bill are priorities before Republicans take control of the House of Representatives early next year. President Joe Biden held talks at the White House with Democratic and Republican leaders of the …

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