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Latest news from trusted sources around the world

Black-Market Peptides Fuel a Multibillion-Dollar Gold Rush
Economy Bloomberg
Black-Market Peptides Fuel a Multibillion-Dollar Gold Rush

Bloomberg's Madison Muller and Amanda Mull break down a rising black-market trend in the 'wellness' space, as customers look for more shots to fix issues …

MSCI Upgrades Bulgaria to Frontier; Vietnam, Argentina Unchanged
Economy Bloomberg
MSCI Upgrades Bulgaria to Frontier; Vietnam, Argentina Unchanged

MSCI Inc. reclassified Bulgaria as a frontier market, while indicating no changes to Argentina’s and Vietnam’s status in its latest review of global stock indexes.

MSCI Delays Indonesia’s Market Status Review Until November
Economy Bloomberg
MSCI Delays Indonesia’s Market Status Review Until November

MSCI Inc. again decided to postpone its review on Indonesian equities, saying it needs more time to see whether recently announced transparency reforms are effective.

Porsche Looks to Reduce Complexity by Cutting Models
Economy Bloomberg
Porsche Looks to Reduce Complexity by Cutting Models

Porsche AG confirmed its profit outlook for the year as it pushes to become leaner to revive margins battered by US tariffs and weak demand …

Economy Bloomberg
Oil Steadies While Tankers Openly Enter Hormuz After Peace Deal

Oil steadied while tankers become more overt in transiting the Strait of Hormuz following an agreement between Iran and the US to end their conflict. …

Economy Bloomberg
Greenspan’s Legacy, From Irrational Exuberance to 2008 Crisis

Tributes to former Federal Reserve Chairman Alan Greenspan poured in after the news of his death early Monday, many from former colleagues and market players …

Israel Weighs US IPO for Major State-Owned Defense Firms
Economy Bloomberg
Israel Weighs US IPO for Major State-Owned Defense Firms

Israel is considering listing state-owned defense giants Israel Aerospace Industries Ltd. and Rafael Advanced Defense Systems Ltd. in the US to potentially avoid stricter disclosure …

Strongest Dollar This Year Pressures EM Currencies and Stocks
Economy Bloomberg
Strongest Dollar This Year Pressures EM Currencies and Stocks

Most developing-world currencies weakened against the dollar on Tuesday as the greenback climbed to its strongest level of the year, amid a risk-off mood triggered …

NYC Heads to Polls With Democrats Split Over Age, AI, Israel
Economy Bloomberg
NYC Heads to Polls With Democrats Split Over Age, AI, Israel

New York City is living through the noisiest Congressional primary season in a generation.

Bristow Is Said to Near Berry Aviation Deal in Government Push
Economy Bloomberg
Bristow Is Said to Near Berry Aviation Deal in Government Push

Bristow Group Inc. is nearing an acquisition of privately held Berry Aviation Inc. as it seeks to expand in the government services sector, according to …

High Frequency Traders Expand Push Into Currency Options Market
Economy Bloomberg
High Frequency Traders Expand Push Into Currency Options Market

High-speed trading firms are making fresh inroads into the currency options market, with IMC Trading and Susquehanna International Group expanding globally and Optiver Holding pursuing …

Euro Hits August Low as Lagarde’s Rates Talk Diverges From Fed
Economy Bloomberg
Euro Hits August Low as Lagarde’s Rates Talk Diverges From Fed

The euro fell to its lowest level since August after weak economic data and dovish comments from European Central Bank President Christine Lagarde prompted traders …

ECB’s Lane Sees Danger Inflation Will Top 2% for Some Time
Economy Bloomberg
ECB’s Lane Sees Danger Inflation Will Top 2% for Some Time

European Central Bank officials are facing the risk that inflation will hover above their goal “for quite some time,” according to Chief Economist Philip Lane.

SBP Group Eyes Innovation as It Shifts Beyond Generics
Economy Bloomberg
SBP Group Eyes Innovation as It Shifts Beyond Generics

SBP Group CEO Eric Tse discusses his outlook for China's healthcare sector and how one of China's old-guard pharmaceutical players aims to transition from generics …

Japan’s 5-Year Bond Sale Demand Weaker Than 12-Month Average
Economy Bloomberg
Japan’s 5-Year Bond Sale Demand Weaker Than 12-Month Average

Japan’s five-year government bond auction Tuesday saw lower demand than the 12-month average, as yen weakness added to expectations that the Bank of Japan may …

US-Iran Talks Continue as Trump Administration Allows Oil Sales
Economy Bloomberg
US-Iran Talks Continue as Trump Administration Allows Oil Sales

The US issued a 60-day license allowing Iran to sell oil on the international market, giving Tehran an economic lifeline as the two adversaries continued …

Gold Slumps as Tech Selloff Reverberates Through Global Markets
Economy Bloomberg
Gold Slumps as Tech Selloff Reverberates Through Global Markets

Gold slumped toward $4,000 an ounce and silver plunged as much as 5% as a broad selloff swept through financial markets.

Stocks Hit by Tech Selloff as Korean Shares Plunge: Markets Wrap
Economy Bloomberg
Stocks Hit by Tech Selloff as Korean Shares Plunge: Markets Wrap

A selloff cascaded across global markets as investors turned jittery about high-flying tech stocks and frothy valuations. South Korea’s Kospi Index plunged 10% from a …

Oil Edges Lower as Iran Waiver Signals Peace Talks Progress
Economy Bloomberg
Oil Edges Lower as Iran Waiver Signals Peace Talks Progress

Oil edged lower as traders gauged signs of progress toward an agreement to end the Iran war, which included a US waiver allowing some sales …

Vimeo Parent Bending Spoons, Backers Seek $1.62 Billion in IPO
Economy Bloomberg
Vimeo Parent Bending Spoons, Backers Seek $1.62 Billion in IPO

Bending Spoons SpA, which acquires struggling software businesses, and some of its backers are seeking to raise as much as $1.62 billion in an initial …

Schick Razor Maker Is Said to Reject Unsolicited Takeover Offer
Economy Bloomberg
Schick Razor Maker Is Said to Reject Unsolicited Takeover Offer

Edgewell Personal Care Co., which makes Schick razors, has rejected an unsolicited takeover offer from private equity firm Yellow Wood Partners, according to people familiar …

Economy Bloomberg
Cotopaxi CEO: Luggage a ‘Natural Extension’ for Brand

Lindsay Shumlas, CEO of Cotopaxi, discusses the company's recent expansion from backpacks into the luggage market with the launch of their new Coraza luggage line. …

US Refiners Get Rare Chance to Buy Iranian Crude Again
Economy Bloomberg
US Refiners Get Rare Chance to Buy Iranian Crude Again

The Trump administration has temporarily eased some sanctions on Iranian oil, pausing hostilities that have defined US-Iran relations since the 1979 hostage crisis.

A Blockbuster Summer for Debt Issuance
Economy Bloomberg
A Blockbuster Summer for Debt Issuance

Corporate bond bonanza.

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