Paul Tudor Jones shares economic views at JUST Capital event


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Hedge-fund billionaire Paul Tudor Jones joined Nasdaq CEO Adena Friedman and Vista Equity Partners CEO Robert Smith in a virtual conversation with CNBC’s Andrew Ross Sorkin Wednesday evening to discuss the economic recovery and responsible investing.

Jones, a former cotton trader, rose to fame decades ago for predicting, and profiting from, the 1987 stock-market crash known as “Black Monday.”

He is also chairman of JUST Capital, a firm that collects data on, analyzes

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RenaissanceRe lining up massive capital raise


A whopping 5.5 million of RenaissanceRe Holdings Ltd’s common shares are up for grabs in an underwritten public offering.

The global (re)insurance provider – which has offices in Bermuda, Australia, Ireland, Singapore, Switzerland, the UK, and the US – has commenced the offering, with Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC acting as joint book-running managers and representatives of the underwriters for the massive equity issue.

In its announcement, RenaissanceRe also said: “State Farm Mutual Automobile Insurance Company, which currently owns approximately 4.4% of RenaissanceRe’s total common shares outstanding, has entered into an investment agreement to

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BGH, Bain, Indigo Partners, Cyrus Capital make Virgin Australia shortlist: source


HONG KONG/SYDNEY (Reuters) – Virgin Australia Holdings Ltd’s (VAH.AX) administrators have short-listed potential buyers BGH Capital, Bain Capital, Indigo Partners and Cyrus Capital Partners, a source with knowledge of the matter said on Monday.

FILE PHOTO: A Virgin Australia Airlines plane takes off from Kingsford Smith International Airport in Sydney, Australia, March 18, 2020. REUTERS/Loren Elliott/File Photo

The airline’s administrators expected to receive as many as eight non-binding indicative offers from potential buyers before a submission deadline on Friday.

Binding offers for the airline are due on June 12. The company entered voluntary administration last month owing creditors

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Intel Capital invests in Chinese chip companies amid tech tensions


SHANGHAI (Reuters) – Intel Capital, the venture arm of chipmaker Intel Corp (INTC.O), has invested in two Chinese startups in the semiconductor sector, the company announced on Wednesday, as part of its latest batch of deals.

FILE PHOTO: U.S. chipmaker Intel Corp’s logo is seen on their “smart building” in Petah Tikva, near Tel Aviv, Israel December 15, 2019. Picture taken December 15, 2019. REUTERS/Amir Cohen

The investments in companies that compete in fields typically dominated by U.S. players come as Intel remains embroiled in tensions between the United States and China over chip manufacturing.

ProPlus, one the

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