Wednesday, December 14, 2022

Elon Musk's banks to book Twitter loan losses, avoid big hits: sources

Twitter's lenders, led by Morgan Stanley, could face billions of dollars in losses if they tried to do so now, as investors shy away from buying risky debt during a period of economic uncertainty, market participants said.

from Tech-Economic Times https://ift.tt/usFvy9W

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Rare earth shortage hits electronic component companies

While applications under the scheme have surged past 110 now, at least 10 firms have sounded out worries at a time when the industry is keen...