Findi faces funding hurdles as suspension continues
Findi (ASX:FND) has failed to secure an acceptable financing or restructuring agreement to address its short cash runway and resolve its ongoing trading suspension.
Findi (ASX:FND) has failed to secure an acceptable financing or restructuring agreement to address its short cash runway and resolve its ongoing trading suspension.
Marc Luet, Citi's Japan, Asia North and Australia Cluster Head, discusses his outlook for the bank's business in the region, and what he views are investment opportunities. He speaks with Haidi Stroud Watts on the sidelines of the Citi ANZ Investment Conference on "Bloomberg: The Asia Trade".
Sahra English, Head of US Government Affairs at Citi, discusses her outlook for US midterm elections. She speaks with Haidi Stroud Watts on the sidelines of the Citi ANZ Investment Conference on "Bloomberg: The Asia Trade".
Aloke Gupte, Global Co-Head of Equity Capital Markets at Citi, speaks on "Bloomberg The China Show" after his bank claimed top spot for global IPO underwriters for the year through September.
Perpetual (ASX:PPT) reported a record $1.4 trillion in corporate trust funds under administration for the first quarter of FY27.
Reserve Bank of Australia Deputy Governor Andrew Hauser warned that Australia's inflation outlook has worsened, raising the possibility of an interest rate increase in November.
Looking past debut turbulence, Elice Group Chief Executive Officer Jae Won Kim aims to double revenue each year by exporting edge data center hardware and capturing sovereign AI contracts.
Detavio Samuels, CEO of Offscript Worldwide, says YouTube is a powerful discovery and audience-building platform, but creators can expand into other businesses and distribution channels. He says many creators earn roughly $3,000 $5,000 per million views, while Offscript helps more than 200 creators increase YouTube monetization sometimes doubling or tripling revenue and connect with major advertisers for sponsorships. He speaks with Romaine Bostick on "The Close."
Citadel founder and CEO Ken Griffin says the US has to "grow the damn economy." He says in order to do so, the US has to get Europe to grow its economy. He speaks to Bloomberg's Dani Burger at the Future of Global Markets Conference in New York.
Citadel founder and CEO Ken Griffin says investors are "almost certainly" in the midst of an artificial intelligence bubble during an interview with Bloomberg's Dani Burger at Citadel's annual Future of Global Markets Conference in New York.
P&N Bank reported an annual net profit of $30.4 million for the 12 months ended June 30, representing a 7.6% increase from the previous financial year.
Netflix reported earnings for the third quarter that exceeded Wall Street expectations, but forecast a fourth consecutive quarter of slowing sales growth, a projection that may amplify concerns about the performance of the world's leading online TV network. Netflix delivered sales of $12.9 billion in the third quarter, in line with Wall Street's expectations, and forecast sales of $13.4 billion in the year's final three months, falling short of what analysts have predicted. The pace of growth has fallen from 17.6% in the final quarter of last year to a projection of 11.5% for this year's fourth quarter. The company blamed its sales shortfall on the advertising business, which is on pace to deliver $300 million less than the company expected. Bloomberg Tech Host Ed Ludlow joins Bloomberg Businessweek Daily to discuss. He speaks with Alexis Christoforous and Norah Mulinda.
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