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Polish Airlines will announce an order for 40 Airbus A220s on Monday and retain options for 44, sources said.June 16, Royal Bank of Canada said that as the conflict between Israel and Iran continues, the Middle Easts oil supply faces increasing risks, and energy is now "clearly a target of attack." Analysts including Helima Croft pointed out in a report that the fact that both Iraq and Israel targeted energy infrastructure on the second day of the fighting is obviously worrying. If possible, Israel may choose to attack Irans Kharg Island hub to curb the flow of crude oil, while Iranian proxies may attack Iraqs (energy) facilities. The crisis has prompted banks to examine a range of possible outcomes, including the possibility of disruption to oil transportation in the Strait of Hormuz. If regime change does become Israels core goal, the Iranian leadership may not prioritize maintaining a stable supply of crude oil. But recent market concerns about the risk of "closing the Strait of Hormuz" may be amplified.Switzerlands producer/import price index in May was -0.7% year-on-year, compared with -0.50% in the previous month.Switzerlands producer/import price index fell by -0.5% month-on-month in May, compared with 0.10% in the previous month.On June 16, UBS published a research report stating that Hong Kong developers may have passed the worst refinancing risk. As of December last year, the total amount of loans due by developers fell by about 20% year-on-year to HK$201 billion. In addition, the sharp decline in Hong Kong interbank offered rates will also drive residential transactions. However, as highly leveraged developers still hold 9,100 units for sale, pricing issues remain. The bank estimates that Hong Kong residential prices will remain stable this year, while next year, with the interest rate cuts, the recovery of rental growth and the reduction of new launches, housing prices are expected to rebound by 0 to 5%. The bank remains optimistic about Hong Kong developers, with Henderson Land Development (00012.HK) and Sun Hung Kai Properties (00016.HK) as the first choice, raising the target price by 12% and 2% to HK$29 and HK$96 respectively, while Sino Land (00083.HK)s target price has been lowered from HK$10.5 to HK$9.8.

Twitter Accepts Elon Musk’s $44B Buyout; Elon Becomes Sole Owner

Cory Russell

Apr 26, 2022 09:53

Elon Musk paid $44 billion for Twitter's platform.


Shareholders will get $54.20 for each share they own, representing a premium of 38 percent.

On the basis of the upgrade, Dogecoin has risen by 25.8%.


Twitter confirmed the news today in a press statement, stating that the social media site has accepted Elon Musk's offer and has been sold to him for $44 billion in cash.


This is one of the most important events in Twitter's history, since each of its owners gained at least a 38 percent return on their shares, despite the fact that the company had made no net profit in the previous year.

Twitter SOLD to Elon Musk!

According to the press release, the formal deal would revert Twitter to a privately owned firm, with Elon Musk as the only owner.


According to the terms of the deal, each TWTR stockholder will get $54.2 for each shares they own.

This is a 38 percent premium over Twitter's closing price on April 1, the final trading day before Elon declared his 9 percent interest in the firm.


Elon's commitment to free expression reached a pinnacle when he made a $44 billion offer to acquire the whole firm. As a shareholder and member of the board, he was unable to make any significant changes to Twitter's policies.


After suffering shareholder pressure, Twitter eventually accepted the offer, despite initial reservations.


"Free expression is the backbone of a healthy democracy, and Twitter is the digital town square where things crucial to the future of mankind are argued," said Elon Musk, the new owner of Twitter. I also want to make Twitter better than it has ever been by adding new features, opening up the algorithms to boost trust, combating spam bots, and authenticating all people. Twitter has enormous potential, and I'm excited to work with the business and the Twitter community to realize it."


The sale, which is expected to be completed shortly, has no specific terms and conditions, and further information about the company's operations has yet to be released.

Musk Hosts a Dogecoin Party

DOGE joined the excitement as the DOGEfather became the owner of Twitter, his most powerful influence in the crypto realm, and rose by a massive 23.65% in the previous 24 hours.


Elon was having a talk about Dogecoin's future with the meme coin's inventor, Billy Markus, alias Shibetoshi Nakamoto, earlier today, according to FXEmpire, which helped to the surge.


However, now that Twitter is in Musk's hands, Dogecoin will experience more bullishness than it has ever seen before, sooner or later.

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