Bloomberg ANA Holdings tumbled as much as 8.5% in Tokyo trading on September 28, its biggest intraday drop since April 1, after a report the airline is considering raising $1.9 billion via a public share offering. The Japanese carrier is also planning to cut costs by selling aircraft and disposing of non-core businesses, Nikkei reported, without saying where it got …

Bloomberg The end-of-month rebound in global equities faded as investors assessed a scaled-back fiscal stimulus proposal in the US against the rising toll of the coronavirus pandemic. European share declines were led by banks and other cyclical stocks. The pound added to gains amid speculation that successful Brexit trade talks could help shield Britain from a messy rupture with the …

Bloomberg A meteoric rally in an Australian penny stock is fast unravelling after confounding not just market watchers but also the company’s CEO. BrainChip Holdings Ltd., an artificial intelligence-focused startup whose flagship product is yet to be made widely available for commercial use, saw its 2020 gains propel to 1,500% earlier this month. While concerns about overheating have seen the …