World News Feed
Latest news from trusted sources around the world
OpenAI Filed Confidentially for IPO as Rivals Race to Market
OpenAI, the maker of ChatGPT, filed confidentially for an IPO, joining artificial intelligence rivals in tapping public markets to fund ambitious growth plans.
Inflated ‘Private’ Ratings Are Masking Credit Risk, Columbia Study Says
Ratings that underpin a growing slice of the $1.8 trillion private-credit market, the hottest corner of Wall Street in recent years, are systematically understating investment …
JPMorgan Shops 15% Yield Debt for Trump-Boosted Oil Driller
JPMorgan Chase & Co. is in talks with investors to refinance a nearly $1 billion loan at a 15% interest rate for Sable Offshore Corp., …
Fast Retail Firm Zepto Files for Biggest India IPO This Year
Rapid-commerce company Zepto Ltd. has filed updated paperwork for what’s set to be India’s biggest initial public offering this year, bringing to market one of …
Bitcoin’s $235 Billion Crash Masks Bigger Shift in Crypto
The easiest way to understand crypto used to be to look at Bitcoin.
A 20-Year Real Estate “Super Cycle” Is Beginning: Rabil
Kayne Anderson CEO Al Rabil joins Bloomberg Open Interest to explain why he believes housing, medical offices, senior housing, and industrial real estate are entering …
Stocks Gain as Buyers Step In After AI-Led Selloff
Wall Street staged a comeback as dip buyers emerged, lifting stocks amid renewed enthusiasm over artificial intelligence and bets that a solid economy will keep …
US Stocks Rebound From Selloff as Chipmakers Lead Broad Gains
US stocks advanced on Monday, paring last week’s slump, as chipmakers headed for their best session in a year and traders assessed flaring tensions in …
Korean Leveraged ETF Misfires, Jumps 50% Even as SK Hynix Slumps
A leveraged exchange-traded fund tied to SK Hynix Inc. surged 50% on Monday despite a drop of nearly 8% in the underlying stock, a dislocation …
Airline Bosses Gather for IATA Meeting in Rio
Bloomberg's Guy Johnson reports live from Rio de Janeiro on the key concerns for airline executives gathered at the International Air Transport Association's annual general …
Universal Music Sounds Out Investors for €1 Billion Bond Sale
Universal Music Group NV is speaking to investors ahead of a possible €1 billion ($1.15 billion) two-part bond sale on Monday, after rejecting hedge fund …
Blackstone Looks to Sell $2 Billion of Fund Stakes, FT Says
Blackstone Inc. is looking to sell more than $2 billion of its stakes in private investment funds by bundling the exposure into bonds for investors, …
European Stocks Fall on Mideast Tensions; Zealand Pharma Sinks
European stocks fell after a choppy session as investors reacted to conflicting signals about the war in the Middle East.
Iran, Israel Pledge to End Attacks That Threatened Peace Talks
Iran and Israel agreed to ease strikes against each other after a flare-up in violence threatened to derail peace negotiations and led President Donald Trump …
Treasuries Drop as Jobs Data, Iran Tensions Fuel Rate Hike Bets
Treasuries fell as investors ramped up bets that the Federal Reserve will need to raise interest rates, while escalating tensions in the Middle East added …
Flood Warnings for South China Farmlands Raise Rice-Crop Risks
Forecasts for heavy rains in southern China over the next week are raising the risk of flash floods, potentially inundating crops and damaging rice fields.
Copper Rebounds From Friday Slump on China-Buying and US Flows
Copper edged up to recoup some of last week’s losses as buying activity in China and flows of metal to the US supported the demand …
Saudis Lower July Oil Prices, Though Still at Decades High
Saudi Arabia cut the price of its main crude grade to Asia for a second straight month, though the premium for barrels to the kingdom’s …
AI Trade Unwind Rocks Korean Traders Leveraged for One-Way Bet
Fear was already running high ahead of South Korea’s Monday open, but the ferocity of the selloff still caught some investors off guard.
Oil Rallies as Iran and Israel Exchange Fresh Missile Attacks
Oil jumped after Iran and Israel traded fire, despite US President Donald Trump’s calls for both sides to quit fighting, a fresh escalation in a …
Corporate Japan Borrows More as Deals, Outflows Pressure Ratings
Japanese businesses are ramping up borrowing to cover cash shortfalls fueled by record merger activity, booming capital investments and mounting investor pressure for shareholder returns, …
IAG CEO on Asia demand, Consolidation & Fuel Prices
International Airlines Group (IAG) CEO Luis Gallego speaks at the International Air Transport Association (IATA) on growing demand in Asia, consolidation & increasing fuel prices. …
Air New Zealand CEO on Consolidation & Price Increases
Air New Zealand CEO Nikhil Ravishankar speaks at the International Air Transport Association (IATA) on flight consolidation and price increases to meet demand. (Source: Bloomberg)
Embraer Arijan Meijer on Tariff Impact Within Aviation
Embraer CEO of Commercial Aviation Arijan Meijer speaks at the International Air Transport Association (IATA) on the impact of tariffs saying it "makes sense" for …
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