Bloomberg

Goldman ICBC Wealth JV CEO Leaves Amid Growth Pains ...

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Goldman Sachs Group Inc.'s top executive at its wealth venture with China's biggest bank has resigned, people familiar with the matter said, ...



Meta Taps Four OpenAI Researchers for Superintelligence Team

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The company on Friday signed on Jiahui Yu, Shuchao Bi, Shengjia Zhao and Hongyu Ren, according to people with knowledge of the matter, who declined to be named ...



South Africa's Ramaphosa Cancels Trip as DA Mulls GNU Role ...

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... declined to be identified because the details aren't public. Have a confidential tip for our reporters? Get in Touch · Before it's here, it's on the Bloomberg ...



Budapest Pride Turns Into Mass Act of Defiance Against Orban ...

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... declined to give his last name. “This is about freedom. It's about tolerance of differences that no authority can erase.” HUNGARY-POLITICS-RIGHTS-LGBTQ.



Citigroup to Sell SRT Tied to $8 Billion of Corporate Loans ...

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New York-based Citigroup is offloading credit risk on the portfolio of corporate loans, said the people, who asked not to be named because the deal is private.



Bloomberg Businessweek Daily: NYC Mayor Plots Comeback ...

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... asked not to be named discussing private conversations. Today's show features: Bloomberg News New York politics reporter Laura Nahmias on Mayor Eric Adams ...



Centrica in Talks to Buy 15% of Sizewell C Nuclear Project ...

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A decision on whether the owner of British Gas becomes a key shareholder is expected in the coming weeks, according to the person, who asked not to be named ...



UK Weighs Easing Impact of Trading Book Capital Rules on Banks ...

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... asked not to be named given the sensitive subject. The European Union is wrestling with the same challenge. It implemented the final Basel reforms in ...



India's JSW Plans $468 Million Debt Sale to Fund Akzo Deal ...

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and Standard Chartered Bank Plc will arrange the debt, which is expected to be denominated in rupees, said the people, who asked not to be identified because ...



Trump Eyes Cuts to Gabbard-Led National Intelligence Agency ...

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... asked not to be identified discussing private matters. He's floated the idea again more recently, they said. Trump and members of his cabinet also appear to ...



OPEC+ Is Set to Weigh Another Super-Sized Oil Output Boost ...

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Several delegates, who asked not to be identified, said their countries are ready to consider the same hike again for August when they convene on July 6.



Qatar Said to Withdraw Interest for Rosneft's German Operations ...

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... asked not to be identified as the discussions are private. That increases the pressure on the new German government to take a decision on the business ...



Banks Look to Revive Selling $2.4 Billion Patterson Buyout Debt ...

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... asked not to be identified discussing a private matter. A revised financing could include both high-yield bonds and leveraged loans, they added ...



Allianz GI, Keppel Join Princeton Digital's $400 Million Loan ...

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... asked not to be identified discussing private matters. The allocations are set to be finalized next week, they said. BNP Paribas, Deutsche Bank, Keppel ...



Banks Vie for Advent's Planned £2 Billion Reckitt Unit Debt Deal ...

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... asked not to be identified because the talks are private. That relatively conservative level of leverage for the junk debt market is drawing interest from ...



UVA President James Ryan Exits Amid Trump Pressure, NYT Says ...

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Ryan informed university leadership of his resignation on a hastily-called meeting over Zoom, said one of the people, who asked not to be identified because the ...



GF Securities Offers Offshore Yuan-Backed Token With Interest ...

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... tokenized securities with daily interest in currencies including the US and Hong Kong dollars and offshore yuan, according to a person familiar with the matter.



Trump Tax Bill: GOP Reaches Tentative SALT Deal at $40,000 Cap ...

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... a person familiar with the matter
a person familiar with the matter. It wasn't immediately clear whether enough of the so-called SALT Republicans in ...



House Plans Single Vote to Move Genius and Clarity Crypto Bills ...

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... the Genius Act — to President Donald Trump's desk for signature as soon as the week of July 7, according to people with direct knowledge of the strategy.



US Pushes for Economic Pact in Congo-Rwanda Peace Agreement ...

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... a separate economic integration pact between the two nations — to be concluded within three months, people with direct knowledge of the talks said.



(NVDA) Nvidia Breakout Puts $4 Trillion Market Value Within Reach ...

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... people with direct knowledge of the strategy. Apple and Google's Android have been warned by a top German privacy regulator that the Chinese AI service ...



The US and China Reach an Understanding on Trade - Bloomberg

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Andrew Cuomo has no plans to drop out of the NYC mayor's race by today's deadline, a source said. Donors and advisers are trying to convince him to quit ...



GE Vernova (GEV) Is Exploring a Sale of Its Proficy Software ...

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... people familiar with the matter
people familiar with the matter. The company is working with financial advisers on the divestiture, the people said ...



Macquarie-Owned Fiber Provider Taps Debt Advisors Amid Cash ...

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KCOM, which operates in the north of England, is working with advisors including PJT Partners Inc., according to people familiar with the matter. The ...



Lula to Go to Supreme Court to Challenge Overturn of Tax Decree ...

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... requested anonymity because the decision has not been made public. Local newspaper O Globo was first to report the information. President Lula Speaks To The ...



SK Group Is Said to Consider Selling Stake in Malaysian Waste Firm ...

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... with knowledge of the matter
with knowledge of the matter. The South Korean conglomerate is working with a financial adviser on a potential sale of ...



Turkey Set to Skip Minimum-Wage Hike in Boost for Investors ...

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Turkey's government plans to skip a mid-year increase in the minimum wage, according to people with knowledge of the matter, resisting political pressure to ...



Prabowo Set to Attend BRICS Summit After Indonesia Joins Bloc ...

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The former general is expected to participate in the July 6–7 meeting, four officials said on condition of anonymity because the trip has not been publicly ...



Citi (C), BNY (BK) Step Back From CIBanco, Intercam on US Drug ...

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Citigroup has taken steps to cut ties with CIBanco SA and Intercam Banco SA, according to a person familiar with the matter. BNY has frozen the assets of ...



Saks Gets $600 Million Lifeline as Creditors Face Steep Losses ...

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Creditor Losses. The up to $600 million loan comes with a fixed 11% coupon, according to people with knowledge of the matter. That's lower than the rate ...



Oil-Price Surge Helps Angola Put Plan to Borrow From IMF on Hold ...

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... asked not to be identified because the information isn't public. There's no immediate need to seek IMF funding, they said. Angolan Finance Minister Vera ...



Tokyo Gas in Talks to Seal Long-Term US LNG Purchase Deals ...

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The exporters include Energy Transfer LP and Commonwealth, according to the people, who asked not to be named because the information is private. Tokyo Gas ...



Convenience Store Retailer Trolley Plans Rare IPO in Kuwait ...

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are advising on the transaction, which could take place as early as this year, according to the people, who asked not to be named discussing information that ...



China to Relax Urea Export Ban, Easing Global Price Pressure ...

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However, Chinese companies will still be subject to quotas and, in some instances, minimum prices for shipments, said the people, who asked not to be named ...



Tokyo Gas Said in Talks to Seal Long-Term US LNG Purchase Deals

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The exporters include Energy Transfer and Commonwealth, according to the people, who asked not to be named because the information is private. Tokyo Gas ...



Latest Oil Market News and Analysis for June 27 - Bloomberg

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Bloomberg reported that several delegates, who asked not to be identified, said their countries are ready consider another 411,000 barrel-a-day increase for ...



Vista Raises $5.6 Billion for Cloud Software Continuation Fund ...

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Vista raised a record $2.7 billion of fresh capital for the deal, according to the people, who asked not to be named because the transaction is private. It ...



Deutsche PBB Returns to Junior Bonds to Replace Old Debt ...

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The debt will be callable in 2030 and mature in 2035, according to a person familiar with the matter who asked not to be identified. The issue will finance ...



China Fund Giant CIC Pulls Back From US in Financial Decoupling ...

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Goldman's overall policy toward China is to keep its head down amid tense US relations, a person familiar with the matter said. A representative for Goldman ...



Monte Paschi to Raise €500 Million After Mediobanca Deal Cleared ...

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... a person familiar with the matter who asked not to be identified. Investor bids are above €1 billion ($1.16 billion), the person added. Tier 2 bonds help ...



Bain Raises About $1 Billion of Debt for Sizzling Platter Buyout ...

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... with knowledge of the matter
with knowledge of the matter. The $425 million seven-year first-lien term loan priced at 5 percentage points over the ...



Chinese Copper Smelters Ramp Up Exports to Escape Squeeze on ...

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The shipments could increase further if the tightness persists, said the people, who asked not to be identified citing private discussions. The exports ...



State Bank of India Picks Citi, HSBC Among Six for $3 Billion Sale ...

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... asked not to be identified because the matter is private. The appointments will be formalized soon as sale process is expected by end of July, they said ...



Vodafone Idea Aims for $2.9 Billion in Loans to Bolster Network ...

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The State Bank of India will likely lead a consortium of lenders, said the people who did not want to be named as the matter is private, adding the debt is ...



Saks in Talks for $600 Million of New Debt as Payment Nears ...

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The plans are in advanced stages but not yet final, said the people, who declined to be identified discussing private information. The negotiations come ...



Terra Quantum CEO in Spat With Lakestar Amid Funding Talks ...

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... investor Lakestar Capital Partners is deteriorating as the Swiss quantum computing startup seeks a fresh round of funding, people familiar with the matter said.



US Allows Ethane Cargoes to Sail to China After Inventories Soar ...

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However, they are still barred from unloading that cargo for use by Chinese entities, said people familiar with the matter who asked not to be named. The US ...



KnowBe4 Looks For $1.46 Billion Debt To Oust Private Credit ...

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... requested anonymity to discuss a private transaction. Blue Owl Capital, Blackstone Inc. and Carlyle's credit business were some of the lenders on the ...



Illinois Governor JB Pritzker Is Expected to Run for Third Term ...

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... asked not to be named because the decision is not public yet. Representatives for the governor declined to comment. The Chicago Tribune first reported on ...



Target Explores Factory-Direct Shipping Model Used by Temu ...

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The company is seeking to broaden its range of low-cost offerings through the initiative, said the people, who asked not to be named because the test hasn't ...

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Cautions

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