World News Feed
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Trump Says Citi Is the Top M&A Adviser, But It's Not
President Donald Trump congratulated Citigroup and CEO Jane Fraser for being the top adviser on mergers and acquisitions. But the bank is nowhere near the …
Lula abre vantagem de 6 pontos sobre Flávio, diz Quaest
O presidente Luiz Inácio Lula da Silva ampliou sua vantagem sobre o senador Flávio Bolsonaro depois que o adversário foi envolvido em um escândalo de …
Commerzbank Raises More Concerns Tied to UniCredit Bid
Commerzbank AG expressed fresh doubts whether the rising acceptance level of UniCredit SpA’s takeover bid is a full reflection of investor support.
Carlyle Seeks Banks for India IPO of Healthcare RCM Provider
Carlyle Group Inc. has invited pitches from investment banks to advise on a potential India initial public offering of its recently acquired healthcare billing service …
Wedding Inflation Has Brides Paying Witches For Perfect Days
Picture this: It’s the week of your wedding. You’re staring down a forecast of clouds and rain. What do you do? A lot of brides …
Oracle Earnings Pose Next Test for Suddenly Shaky AI Stock Rally
The rally in artificial intelligence-related stocks is suddenly on shaky footing, and Oracle Corp.’s earnings report after the close represents the group’s next test.
Paul Chan on Hong Kong’s Market Outlook
Paul Chan, Financial Secretary, Hong Kong Special Administrative Region of the People's Republic of China told Bloomberg’s Yvonne Man that legitimate inflows are still being …
Meta Partners With Reliance on Its First AI Data Center in India
Meta Platforms Inc. is partnering with Reliance Industries Ltd. to build its first AI data center in India, adding to a wave of investment in …
Rupiah Risks Remain After Surprise Indonesia Rate Hike
Bank Indonesia’s surprise rate hike rattled markets as the rupiah slid further, underscoring investor unease, Bloomberg's Marcus Wong reports. (Source: Bloomberg)
Hong Kong Dollar Carry Trade Appeal Dims as Funding Costs Climb
A seasonal cash demand spike in Hong Kong is set to lift funding costs, making it less attractive to pursue a carry trade using the …
Gold Slumps Below $4,200 as Renewed US-Iran Clashes Test Truce
Gold extended a decline after the US and Iran exchanged strikes following the downing of an American military helicopter, jeopardizing efforts to end the war …
Stocks Fall as Trump Says US to Attack Iran Hard: Markets Wrap
A selloff in the world’s largest technology companies sent stocks lower, with the market also falling as oil climbed amid a flare-up in tensions in …
Oil Jumps on Another Sharp US Inventory Draw, Trump Iran Threats
Oil turned higher as US crude inventories posted another steep drop, and President Donald Trump criticized Iran over stalled peace deal negotiations, following an exchange …
China Tightens Its Grip on Billions in Offshore Wealth
On today’s Big Take Asia podcast, Beijing is trying to stop money from leaving the country. Why now – and what it means for wealthy …
Citi CFO Sees Trading Revenue Jump as CEO Fraser Drives Turnaround
Citigroup Inc. is preparing for a windfall from trading across asset classes, with momentum appearing more sustained than it did early last year, according to …
Lancaster-Samuel Says Clients Have a 'Fear of Getting Out'
Baylor Lancaster-Samuel, Senior Vice President and Chief Investment Officer with Amerant Investments, discusses the current phase of the equity market cycle. She says many clients …
LA Stadium Workers Avert Strike Before First World Cup Game
Workers at SoFi Stadium near Los Angeles reached a tentative agreement with management, averting the threat of a strike days before hosting the US team’s …
JPMorgan-Led Group to Sell Qualtrics Hung Debt at Year End
A group of banks led by JPMorgan Chase & Co. is planning to offload about $5.3 billion in financing for software firm Qualtrics International Inc. …
JPMorgan Strategist Expects CPI Above 4% with Signs of Easing Energy Inflation
Meera Pandit, Global Market Strategist at JPMorgan Asset Management, discusses expectations for the upcoming U.S. CPI report, forecasting a print above 4%. She highlights that …
Apotex Targets Top of Range in Biggest Canada IPO Since 2021
Apotex Health Corp. is guiding investors to expect its Toronto initial public offering to price at the top of the marketing range later Tuesday, according …
Kenya Retains Benchmark Interest Rate for Second Time
Kenya’s central bank left its benchmark interest rate unchanged for the second time in a row, as it monitors the impact of the ongoing conflict …
Technology Megacaps Tumble as Rotation Trade Gathers Momentum
The S&P 500 Index dropped, reversing earlier gains, as a rotation out of technology stocks that propelled the stock market higher for most of the …
BP CEO Shakes Up Structure in Push Back to Oil and Gas
New BP Plc Chief Executive Officer Meg O’Neill reorganized the energy giant’s leadership and reporting structures in an overhaul that cements the company’s focus on …
Markets Prepare for Arrival of Musk’s AI-Infused Space Conglomerate
Markets prepare to welcome Elon Musk’s multiplanetary, AI-infused version of General Electric.
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