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Tradeweb raises $1.1 billion in year’s second-largest IPO in US

Bloomberg Tradeweb Markets Inc. raised $1.1 billion in the second-largest US initial public offering this year, after again increasing the number of shares it was selling and then pricing them above the marketed range. The bond and derivative trading platform sold 40 million shares for $27 apiece, according to a statement. Tradeweb had originally planned to sell 27.3 million shares ...

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Tesla slumps as deliveries drop-off deepens demand concern

Bloomberg Tesla Inc. shares plummeted as a record decline in deliveries during the first quarter stoked concern of slackening demand for the Model 3 sedan that started selling less than two years ago. The electric-car maker delivered 63,000 vehicles in the three months that ended in March, down from 90,966 in the fourth quarter. Tesla shares sank as much as ...

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Libyan Air Force hits Haftar positions south of Tripoli

Bloomberg Forces loyal to the internationally recognised government in Tripoli conducted air strikes to try to halt a march on the capital by strongman Khalifa Haftar’s troops, officials said. Fighter jets struck positions near Tripoli held by Haftar’s self-styled Libyan National Army on Friday and on Saturday, LNA media official Aguila Saber and local city official Hamed al Nuwaiser said. ...

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