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Latest news from trusted sources around the world

Economy Bloomberg
This ETF Tax Loophole Is All the Rage Among Rich Americans

A bespoke fund is becoming a must-have tool for wealthy investors looking to defer — and sometimes even avoid — capital gains tax.

Economy Bloomberg
Moody’s Lifts Argentina Debt Rating in Fresh Boost to Milei

Moody’s Ratings upgraded Argentina’s credit score, giving the nation its third sovereign upgrade in less than three months and further validating President Javier Milei’s economic …

Economy Bloomberg
Alaska Airlines Narrowly Beats Estimates as Fuel Costs Stay High

Alaska Air Group Inc. earnings outlook slightly beat analyst predictions as the airline grapples with rising fuel prices from the war in the Middle East.

Economy Bloomberg
Oaktree’s Poli Sees a $200 Billion ‘Distressed Moment’ Coming as Rates Stay …

Companies with $200 billion in debt face a reckoning as funding costs stay high and debt comes due over the next few years, according to …

Economy Bloomberg
Liverpool FC Owners Consider Selling Stake to Bhatia-Led Group

The owners of Liverpool FC are considering selling a stake in the English Premier League football club to a consortium of investors led by Amit …

Economy Bloomberg
Viktor Shvets on Whether Geopolitics Matters for Investors

Tail risks are growing, but they aren’t everything.

Economy Bloomberg
Bitcoin Rallies After Bessent Says Clarity Act at ‘1-Yard Line’

Crypto markets are stirring after months of listless trading on signs that Washington is moving toward a clearer rulebook for digital assets.

Economy Bloomberg
The Great British Takeover Tops $60 Billion After Mitie Deal

The UK stock market is losing the equivalent of more than $2 billion a week to takeovers of London-listed companies, with Mitie Group Plc the …

Economy Bloomberg
Danantara Hires Banks for Planned Second Dollar Bond Sale

Indonesia’s sovereign wealth fund Danantara has mandated banks to sound out investor demand for a potential sale of long-dated dollar bonds, weeks after completing its …

Economy Bloomberg
Zalando Avoids Fine as German Regulator Ends Disclosure Probe

Germany’s financial regulator concluded a review into Zalando SE over a missing disclosure in its annual report without imposing a fine.

Economy Bloomberg
HSBC’s Kettner Sees Risk of Pullback in Stocks Before Midterms

Equity investors should look to reduce some exposure after this earnings season, according to HSBC Holdings Plc’s Max Kettner, who warns that stretched sentiment, a …

Economy Bloomberg
The UK’s Bonds Are Giving Latest PM Burnham a Reality Check

There’s been no honeymoon in the bond market for the UK’s new Prime Minister Andy Burnham.

Economy Bloomberg
Japan Insurers Buy Most Super-Long Bonds in Three Years in June

Japanese insurance firms bought the most super-long government bonds in three years last month, adding to signs that demand from a key buyer is stabilizing.

Economy Bloomberg
Iron Ore Drops as China Steel Losses Deepen, Hormuz Risks Rise

Iron ore fell for a second day as deteriorating profit margins at Chinese steel mills and continued US-Iran hostilities clouded the demand outlook.

Economy Bloomberg
Goldman Says Brent Could Top $120 If Hormuz Disruptions Persist

Brent could rally to more than $120 a barrel by the fourth quarter if disruptions of the Strait of Hormuz persist, according to Goldman Sachs …

Economy Bloomberg
China Broadens Market Rescue With Tech Stocks Drawing Support

China is stepping up efforts to stabilize its stock market, mobilizing a range of state-linked institutions to stem a tech-driven selloff. The chip-heavy STAR 50 …

Economy Bloomberg
Gold and Silver Rise on Dip-Buying as Traders Weigh Fed Strategy

Gold and silver rose on dip-buying as traders monitored Middle East tensions for signs that higher energy costs could stoke inflation, putting pressure on the …

Economy Bloomberg
Latest Oil Market News and Analysis for July 21

Brent oil extended its recent rally as traders weighed threats to maritime traffic that span from the Strait of Hormuz and the Red Sea to …

Economy Bloomberg
Chip Rebound Drives Stocks Higher as Oil Eases: Markets Wrap

A strong rebound in chipmakers drove stock markets higher in a broadly supportive session that also saw lower oil prices, a rise in gold and …

Economy Bloomberg
DoubleLine Says Higher Bond Yields to Help Fed Keep Rates Steady

DoubleLine is positioning in shorter-dated government bonds on the view that Kevin Warsh’s credibility with investors will help allow Federal Reserve officials to keep interest …

Economy Bloomberg
Angola Signs $900 Million Port Deals With Chinese Firms

Angola signed deals with Chinese investors to develop the Barra do Dande Integrated Development Free Zone outside Luanda, as the government seeks to establish a …

Economy Bloomberg
Gilts Rattled on Andy Burnham’s First Day as Fiscal Fears Return

UK government bonds dropped after new Prime Minister Andy Burnham unnerved investors on his first day in the job over his approach to the country’s …

Economy Bloomberg
KKR, Vauban Among Final Contenders to Buy Portugal’s DStelecom

KKR & Co. and Vauban Infrastructure Partners are competing to acquire a majority stake in Portuguese fiber operator DStelecom, according to people familiar with the …

Economy Bloomberg
Netflix Taps US High-Grade Bond Market With $1 Billion Debt Sale

Netflix Inc. raised $1 billion from a US high-grade bond sale on Monday, its first since a debut deal two years ago, as slowing sales …

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