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Genneia Files for First Argentine IPO in the US Since 2019
Economy Bloomberg
Genneia Files for First Argentine IPO in the US Since 2019

Power producer Genneia SA filed for an initial public offering in New York, trying to become the first Argentine company to launch in the US …

Brazil Rail Operator Opens New Route to Boost Soymeal Exports
Economy Bloomberg
Brazil Rail Operator Opens New Route to Boost Soymeal Exports

Brazilian railway operator VLI SA is starting a new export route for soybean meal, addressing key bottlenecks as the country attempts to boost shipments of …

Morgan Stanley Among Banks Challenging Growing Dollar Optimism
Economy Bloomberg
Morgan Stanley Among Banks Challenging Growing Dollar Optimism

Currency strategists at Credit Agricole, Morgan Stanley and TD Securities are among those bucking the consensus call for a stronger dollar.

Economy Bloomberg
Prasad: Oil Flow is Up But Market Uncertainty Remains

Oil extended its drop for a third day, as flows through the Strait of Hormuz climbed. Aathira Prasad, Director of Macroeconomics at Nasser Saidi & …

Citi's Luet: China's Franchise Has Grown Very Strongly
Economy Bloomberg
Citi's Luet: China's Franchise Has Grown Very Strongly

Marc Luet, Head of Japan, Asia North & Australia and Banking at Citi, says the bank has seen the role of the yuan grow and …

Japan 10-Year Bond Sale Sees Weaker Demand Than 12-Month Average
Economy Bloomberg
Japan 10-Year Bond Sale Sees Weaker Demand Than 12-Month Average

Japan’s 10-year government bond auction drew weaker demand than the average for the past year on concerns the Bank of Japan isn’t raising rates quickly …

Iran’s Floating Oil Stockpile Swells as Major Buyers Stay Away
Economy Bloomberg
Iran’s Floating Oil Stockpile Swells as Major Buyers Stay Away

A hoard of Iranian oil is building up at sea, as the Islamic Republic struggles to find buyers before the expiry of a 60-day window …

Korean Stocks Fall as Jitters Over Meta and Apple Hit Chipmakers
Economy Bloomberg
Korean Stocks Fall as Jitters Over Meta and Apple Hit Chipmakers

South Korean stocks slumped as Meta Platforms Inc.’s plan to sell computing power raised questions over excess in AI capacity, driving a selloff in chipmakers.

Dow Average Hits Peak as Jobs Ease Fed-Hike Worry: Markets Wrap
Economy Bloomberg
Dow Average Hits Peak as Jobs Ease Fed-Hike Worry: Markets Wrap

A sharp slowdown in the US jobs market spurred gains in most stocks on Wall Street amid speculation the Federal Reserve won’t be forced to …

Oil Extends Slide as More Barrels Flow Through Strait of Hormuz
Economy Bloomberg
Oil Extends Slide as More Barrels Flow Through Strait of Hormuz

Oil extended its slide to pre-war levels as flows through the Strait of Hormuz increase and traders grapple with signs of oversupply.

Hikers Turn to AllTrails App to Navigate Nature
Economy Bloomberg
Hikers Turn to AllTrails App to Navigate Nature

AllTrails CEO Liz Hamren is joined by Bloomberg's Adam Thompson to discuss how to navigate the summer hiking season and break down how to visit …

Meta Platforms Getting Into Cloud Infrastructure Business | Closing Bell
Economy Bloomberg
Meta Platforms Getting Into Cloud Infrastructure Business | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Bailey Lipschultz, Carol Massar and Tim Stenovec. …

Chuck E. Cheese CEO Highlights Growth in Birthday Party Business
Economy Bloomberg
Chuck E. Cheese CEO Highlights Growth in Birthday Party Business

Scott Drake, CEO of Chuck E. Cheese, discussed the company's strategy to connect with customers through family-friendly, clean, and safe entertainment options. He highlighted the …

Japan's $13 Billion Global Anime Merchandise Goal
Economy Bloomberg
Japan's $13 Billion Global Anime Merchandise Goal

Anime has become a global entertainment powerhouse, attracting billions of dollars in investment and fans worldwide. Now, companies including Marubeni are targeting the fast-growing $13 …

South Korean Banks Expand Trading Floors for 24-Hour Won Market
Economy Bloomberg
South Korean Banks Expand Trading Floors for 24-Hour Won Market

South Korea’s biggest lenders are boosting trading desks in London and Seoul to prepare for the won’s round-the-clock trading starting next week.

Tankmaker KNDS Delays IPO as Investors Cool on Defense Stocks
Economy Bloomberg
Tankmaker KNDS Delays IPO as Investors Cool on Defense Stocks

Tankmaker KNDS postponed its initial public offering, as weakness in European defense stocks derailed what was expected to be the biggest first-time share sale in …

One Almost-Goldilocks Report
Economy Bloomberg
One Almost-Goldilocks Report

While we wait for the jobs data.

New York, Chicago Grids Strain as Record Heat Wave Expands
Economy Bloomberg
New York, Chicago Grids Strain as Record Heat Wave Expands

Power grids from Chicago to New York City are bracing for sky-high demand as sweltering heat begins to build across the eastern half of the …

Warsh Taps Ex-BOE Chief King for New Fed Communications Task Force
Economy Bloomberg
Warsh Taps Ex-BOE Chief King for New Fed Communications Task Force

Federal Reserve Chairman Kevin Warsh has tapped former Bank of England Governor Mervyn King to co-chair the US central bank’s new task force on communications.

US Stocks Rise as Traders Weigh Warsh Remarks, Manufacturing
Economy Bloomberg
US Stocks Rise as Traders Weigh Warsh Remarks, Manufacturing

US stocks pared earlier losses as fresh economic data painted a picture of resilience, while traders assessed commentary from Federal Reserve Chairman Kevin Warsh.

Economy Bloomberg
Bad Loan Investor APS Eyes €3.3 Billion of Portfolio Deals

APS Holding is preparing to step up purchases of distressed debt as it sees higher interest rates and real estate stress starting to dent bank …

UK Retailer TG Jones Restructuring Plan Approved by London Court
Economy Bloomberg
UK Retailer TG Jones Restructuring Plan Approved by London Court

Ailing UK high-street retailer TG Jones Retail Holdings Ltd won court approval for a sweeping financial restructuring that will shutter more than 100 stores and …

Wall St. Women Trade Day Jobs for Lucrative Online Fame
Economy Bloomberg
Wall St. Women Trade Day Jobs for Lucrative Online Fame

A growing number of women in Wall Street are giving up their coveted jobs and pay checks for a shot at online stardom — a …

Pakistan Inflation Cools, Keeping Central Bank on Guard
Economy Bloomberg
Pakistan Inflation Cools, Keeping Central Bank on Guard

Pakistan’s inflation eased last month, though it remained in double digits, keeping policymakers on guard against persistent price pressures.

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