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Elon Musk slashes his margin risk with equity partners for Twitter

  Bloomberg Elon Musk may be the world’s richest person, but that doesn’t mean he wants to put his massive fortune at risk to buy Twitter Inc. The Tesla Inc co-founder restructured his complex bid for the social-media giant by getting $7.1 billion in equity commitments from investors. He also cut in half the size of a record margin loan ...

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Colombian inflation rises more than expected to 21-year high

Bloomberg Colombian inflation accelerated to its fastest pace since July 2000 last month, as the central bank signals it will continue to raise borrowing costs to rein in soaring prices. The annual inflation rate rises to 9.2% in April, the national statistics agency said, surprising all 24 analysts surveyed by Bloomberg who had a median forecast of 8.8%. The pace ...

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Canada’s trade surplus narrows in March

  Bloomberg Canada’s economy recorded a surge in trade with the rest of the world in March, as rising prices for commodities coupled with strong domestic demand and a smoother global supply chain drove both the imports and exports. Imports jumped 7.7% in March to C$61.1 billion ($47.7 billion), while exports were up 6.3% to C$63.6 billion, Statistics Canada reported. ...

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