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19.03.26 - 01:39
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BHAV Acquisition Corp Announces Pricing of $100 Million Initial Public Offering (GlobeNewswire EN)
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PISCATAWAY, N.J., March 18, 2026 (GLOBE NEWSWIRE) -- BHAV Acquisition Corp (the “Company” or “BHAV”) today announced the pricing of its initial public offering of 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one right. Each right entitles the holder to receive one-fourth (1/4) of one Class A ordinary share upon consummation of the Company's initial business combination. In connection with the offering, $10.00 per unit will be deposited into a trust account with Continental Stock Transfer & Trust Company acting as trustee. The units are expected to trade on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “BHAVU” beginning on March 19, 2026. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to trade on Nasdaq under the symbols “BHAV” and “BHAVR,” respectively....
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19.03.26 - 01:12
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HSBC Mulls Deep Job Cuts From Multiyear AI-Fueled Overhaul (Bloomberg)
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HSBC Holdings Plc is weighing a wave of deep job cuts over the coming years as Chief Executive Officer Georges Elhedery bets on AI to shrink its middle and back office footprint, one of the first signs of how the technology could reshape Wall Street workforces....
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19.03.26 - 00:36
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Everything, Everywhere, All At Once (ZeroHedge)
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Everything, Everywhere, All At Once
Authored by No1 at Gold & Geopolitics substack,
Let me start with a number.
In 1980, when the Iran-Iraq war disrupted global oil supply, the volume lost was around 4 million barrels per day.
Painful. The world went into recession. Volcker raised rates to 20% to kill inflation. It nearly killed the economy in the process. We called it a crisis and we meant it.
The current Hormuz blockade is running at roughly 20 million barrels per day.
The futures market, in its infinite wisdom, is pricing a quick resolution.
Trump says the war is “basically over”.
His Defence Secretary says it's “only just the beginning”.
One of them presumably has read the intelligence reports.
The other has a golf course booked.
That's the pin.
But that's not the bubble.
My estimation where mines are likely placed (from “War is Peace”)
Even in the most optimistic scenario - ceasefire tomorrow, everybody shakes hands - the Maersk CEO noted it takes at least ten days after a ...
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