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Apollo plans to lead $1bn financing for Musk’s Twitter bid

  Bloomberg Apollo Global Management Inc. is in talks to lead a preferred financing for Elon Musk’s proposed buyout of Twitter Inc., according to people with knowledge of the deal. The funding, arranged by Morgan Stanley, will exceed $1 billion and may include Sixth Street Partners, among other firms, the people said. Shares of Twitter closed at $47.26 apiece, with ...

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Greek inflation soars 10% for first time in 27 years

  Bloomberg Greek inflation soared beyond 10% for the first time since 1995 as Russia’s war in Ukraine heightened already spiking energy costs. A national gauge of consumer prices jumped 10.2% from a year ago in April, the highest since February 1995, driven by electricity and fuel, as well as goods including vegetables and transport, the Hellenic Statistical Authority said. ...

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Norway’s inflation at 13-year high boosts rate-hike pressure

  Bloomberg Norway’s inflation accelerated more than expected last month to a new 13-year high, raising pressure on the central bank to speed up its interest rate-hike plan to more than one increase per quarter. Consumer prices rise 5.4% from a year earlier, the fastest pace since October 2008, according to data from Statistics Norway. Economists surveyed by Bloomberg expected ...

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