Rivian bond offering, GM air bag report, Lamb Weston earnings: Trending tickers

Rivian Automotive, General Motors, and Lamb Weston Holdings are among the top trending tickers on Yahoo Finance Live. Rivian’s (RIVN) stock fell sharply after announcing a $1.5 billion convertible bond offering. The Wall Street Journal is reporting that at least 20 million General Motors (GM) vehicles have air bags with a potentially dangerous part that … Read more

Inflation drops sharply in Europe, offering a glimmer of hope

FRANKFURT, Germany — Inflation that has been plaguing Europeans declined sharply in September, strengthening hopes that consumers will eventually get relief from costlier groceries, vacations and haircuts — and that the European Central Bank won’t have to further restrict the economy by raising interest rates from already-record highs. The annual rate was 4.3% this month, … Read more

Zanifu raises $11.2M to scale its stock financing providing in Kenya

Zanifu, a Kenyan fintech offering stock financing to micro, small and medium-sized companies, has raised $11.2 million debt-equity funding in a pre-Collection A spherical led by Past Capital Ventures and Variant Investments. Founders Manufacturing unit Africa, AAIC Funding, Google Black Founders Fund, and current investor Launch Africa additionally participated within the spherical. This brings whole … Read more

Denmark joins Netherlands in providing F-16 jets to Ukraine as Zelenskyy visits

EINDHOVEN, Netherlands — Denmark will donate 19 19 F-16 fighter jets to Ukraine, Prime Minister Mette Frederiksen stated Sunday, hours after an identical provide from the Netherlands. The provide got here as Ukrainian President Volodymyr Zelenskyy visited each international locations. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows under. The Netherlands and Denmark … Read more