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Latest news from trusted sources around the world

India-Linked Tanker Laden With Cooking Fuel Attempts Hormuz Exit
Economy Bloomberg
India-Linked Tanker Laden With Cooking Fuel Attempts Hormuz Exit

An India-linked supertanker laden with liquefied petroleum gas is attempting to transit the Strait of Hormuz, a rare crossing that underscores the country’s struggle to …

Building 'The World's Alternative Investment Marketplace': Masters in Business
Economy Bloomberg
Building 'The World's Alternative Investment Marketplace': Masters in Business

Barry speaks with Lawrence Calcano, chairman and CEO of iCapital about how he helped build the company into one of the globe's leading platforms for …

Wall Street Week | Warsh’s Fed, Vibe Coding, Geothermal Energy, Vegas Bets Big
Economy Bloomberg
Wall Street Week | Warsh’s Fed, Vibe Coding, Geothermal Energy, Vegas Bets …

This week, The Fed made its call this week, but Kevin Warsh may be about to change the institution itself. And, AI made coding easy …

Columbia’s Outlook Revised to Negative as Trump Slams Colleges
Economy Bloomberg
Columbia’s Outlook Revised to Negative as Trump Slams Colleges

Columbia University’s credit outlook was revised to negative by Moody’s Ratings, which cited rising risks tied to the “federal environment for higher education.”

Lancôme Global Brand President on Tapping into Longevity
Economy Bloomberg
Lancôme Global Brand President on Tapping into Longevity

Lancôme Global Brand President Vania Lacascade discusses why longevity will be the next shift for the beauty industry, and how brands are tapping into the …

Archroma Reaches Final Terms on Much Delayed Loan Extension
Economy Bloomberg
Archroma Reaches Final Terms on Much Delayed Loan Extension

Specialty chemicals producer Archroma sweetened the terms on a junk loan deal to extend around $1 billion of debt, inching closer to completing a transaction …

Pershing Square IPO Investors Post Gain After Free Shares
Economy Bloomberg
Pershing Square IPO Investors Post Gain After Free Shares

Investors in Bill Ackman’s new $5 billion closed-end fund ended the week with a small gain overall, once the value of the free shares they …

LA’s Television City Studio Lot Faces Sale Forced by Lenders
Economy Bloomberg
LA’s Television City Studio Lot Faces Sale Forced by Lenders

Lenders are forcing Hollywood landlord Hackman Capital Partners, the largest independent studio and soundstage owner, to relinquish entertainment properties around Los Angeles as values plunge …

American Flight Heads to Caracas as Commercial Flights to Venezuela Resume
Economy Bloomberg
American Flight Heads to Caracas as Commercial Flights to Venezuela Resume

American Airlines resumed flights to Venezuela after a seven-year hiatus, as President Donald Trump pushes to restore commercial and diplomatic ties after ordering the capture …

Kevin Hart: Wanted 'Skin in the Game' in Tequila
Economy Bloomberg
Kevin Hart: Wanted 'Skin in the Game' in Tequila

Actor & Comedian Kevin Hart and Co-Founder of Gran Coramino James Morrisey discuss the growth of their tequila brand and the highly competitive celebrity-owned tequila …

The Online Games Where The House Always Wins
Economy Bloomberg
The Online Games Where The House Always Wins

On today’s Big Take podcast, host Sarah Holder and Bloomberg reporter Vernon Silver go inside the world of casino-style games like Monopoly GO! and High …

EQT Picks Banks to Explore Options for WS Audiology
Economy Bloomberg
EQT Picks Banks to Explore Options for WS Audiology

EQT AB has picked investment banks to advise on options for hearing aid maker WS Audiology, including a possible initial public offering in Copenhagen, people …

Venetian Resort Las Vegas Seeks $2.35 Billion to Refinance Debt
Economy Bloomberg
Venetian Resort Las Vegas Seeks $2.35 Billion to Refinance Debt

The iconic Venetian Resort Las Vegas is seeking to raise $2.35 billion from debt investors to refinance its capital structure, joining a flurry of high-yield …

Lake Como Club’s Bold Business Play
Economy Bloomberg
Lake Como Club’s Bold Business Play

A small Italian soccer club is rewriting the business of sports—turning Lake Como into a luxury global brand. Como 1907 President Mirwan Suwarso joined Bloomberg …

Leo Pharma Is Said to Add More Banks to Copenhagen IPO Lineup
Economy Bloomberg
Leo Pharma Is Said to Add More Banks to Copenhagen IPO Lineup

Leo Pharma AS has picked more banks to help it prepare for a possible initial public offering in Copenhagen, according to people familiar with the …

UK Billionaire’s Family Office Targets More Private Equity Exits
Economy Bloomberg
UK Billionaire’s Family Office Targets More Private Equity Exits

The billionaire UK founder of a home-repair business acquired by Brookfield Asset Management is working to ramp up his family office’s private equity exits, as …

AI Agents Are Becoming Day Traders, But Gains Are Elusive
Economy Bloomberg
AI Agents Are Becoming Day Traders, But Gains Are Elusive

Jake Nesler’s AI trading bot got one big decision right in its first week. It ignored the chase.

Aluminum Gains as Trump Vows to Maintain Naval Blockade on Iran
Economy Bloomberg
Aluminum Gains as Trump Vows to Maintain Naval Blockade on Iran

Aluminum gained, with traders seeing little prospect of an imminent opening of the Strait of Hormuz that would ease availability of the metal.

Singapore PM Warns of AI Disruptions, Vows to Support Workers
Economy Bloomberg
Singapore PM Warns of AI Disruptions, Vows to Support Workers

Singapore Prime Minister Lawrence Wong warned of bigger disruptions ahead as the country navigates a more uncertain global environment, from the Iran conflict to the …

Yen Rally Is at Risk of Fading Fast Without More Intervention
Economy Bloomberg
Yen Rally Is at Risk of Fading Fast Without More Intervention

The yen’s intervention-fueled rally is at risk of evaporating quickly, increasing the likelihood that Japan will have to wade back into the market to shore …

Record-Low Spreads on EM Asia High-Grade Debt Show Resilience
Economy Bloomberg
Record-Low Spreads on EM Asia High-Grade Debt Show Resilience

Yield premiums on emerging-market Asian investment-grade dollar bonds have tightened to unprecedented levels amid reduced new issuance and China’s economic resilience despite Iran-war disruptions.

India’s Heat Exposes a Fragile Grid as Energy Crunch Deepens
Economy Bloomberg
India’s Heat Exposes a Fragile Grid as Energy Crunch Deepens

India is preparing for a blistering summer until monsoon rains arrive in June, with above-normal heat already straining power grids at a time when the …

Gold Notches Second Weekly Loss as US-Iran Talks Hang in Limbo
Economy Bloomberg
Gold Notches Second Weekly Loss as US-Iran Talks Hang in Limbo

Gold steadied as traders digested the latest developments in the standoff between the US and Iran that’s heightened inflation risks and dashed hopes for rate …

S&P 500 Index Futures Rise on Earnings, Yen Gains: Markets Wrap
Economy Bloomberg
S&P 500 Index Futures Rise on Earnings, Yen Gains: Markets Wrap

US equity-index futures advanced, signaling that a rally which pushed Wall Street gauges to record highs on strong megacap tech earnings may have further to …

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