Bloomberg

Qantas Hikes Fares on Long-Haul Routes as Fuel Prices Surge

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The fare increases will vary from route to route, with fares typically rising about 5%, according to a person familiar with the matter. Jet fuel prices have ...



Private Credit Lends Extra $400 Million to Software Firm Enverus

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With the additional borrowings, Enverus is now leveraged at a ratio of about 7.5 times debt-to-earnings, according to another person familiar with the matter.



The Tycoon Who Had a Secret Life as an Alleged Scam Kingpin

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Prince still exists, though a person close to Chen's organization said China's action took out top lieutenants. Chen's relatives are now helping to direct ...



Cliffwater $33B Private Credit Fund to See Redemptions Above 7%

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The firm hasn't yet decided whether to limit redemptions at the 5% or 7% mark, said the people, who asked not to be named because the information isn't public.



GIC-Backed Greenko Energies Said to Weigh $1 Billion India IPO

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India's Greenko Energies Pvt. is weighing an initial public offering in Mumbai to raise as much as $1 billion, according to people familiar with the matter, ...



China's Biggest Eye Hospital Chain Is Said to Plan Hong Kong Listing

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Aier Eye Hospital Group Co. is considering listing in Hong Kong, according to people familiar with the matter, potentially joining a growing queue of ...



Asian Airlines Raise Fares, Mull Groundings as Fuel Crunch Looms

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Indian carriers have hiked prices on long-haul routes by 15% and are considering further increases, people familiar with the matter said. In Vietnam, state ...



PAG Is Said to Explore Sale of Chicken Meat Producer Fengxiang

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PAG is considering a sale of poultry meat producer Shandong Fengxiang Co. after taking it private last year, people familiar with the matter said.



Khamenei's Son Takes Power in Iran as Trump Downplays Oil Spike

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... officials briefed on the matter. Visit our live blog for up-to-the-minute updates on the Middle East. A veteran market strategist, who has gotten calls ...



Iran Signals No Letup in War as Khamenei's Son Made Leader

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... officials briefed on the matter. “They haven't been able to get to it and at some point, maybe we will,” Trump said late Saturday during a briefing aboard ...



Oil Came Close to $120, Iran War Market Selloff, Khamenei's Son ...

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... officials briefed on the matter. (5) UK Prime Minister Keir Starmer raised the prospect of intervening to help households with soaring energy bills as oil ...



How the Iran War Is Disrupting Global Oil and Gas Supply

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... people with direct knowledge of the situation. Kuwait, Qatar and Bahrain have no other option but to ship their oil through the Strait of Hormuz. Energy ...



Hims & Hers Surges on Novo Obesity Deal That Ends Public Feud

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Novo and Hims plan to announce a new partnership as soon as Monday, according to a person familiar with the matter, who spoke on the condition of anonymity.



Blackstone Is Said to Work With Citi on Revived Sale of ShyaHsin ...

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... with knowledge of the matter with knowledge of the matter. The alternative asset manager may seek a valuation of at least $1 billion for the Chinese ...



G-7 to Discuss Joint Emergency Oil Reserves Release, FT Says

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The ministers will hold a call at 8:30 a.m. New York time on Monday, the newspaper reported, citing people with knowledge of the matter. Three G-7 countries ...



Live Nation Nears DOJ Settlement That Avoids Ticketmaster Sale

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... with knowledge of the matter with knowledge of the matter. The settlement discussions have intensified since a trial kicked off March 2 and a final ...



Bank of America Offers $2.75 Billion Loan for Tegna Acquisition

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... person familiar with the matter. A lender call will be held at 10 a.m. New York time with commitments due March 18, said the person, who asked not to be ...



Saudi Arabia Starts Oil Output Cuts as Shut Hormuz Fills Storage

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... person familiar with the matter person familiar with the matter. The move by the kingdom, the world's biggest oil exporter, follows the United Arab ...



Renault CEO Goes Into Cost-Cutting Mode After Share Slump

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... asked not to be named because the discussions are private. “The problem is the speed of the Chinese,” Provost said last month at an internal town-hall ...



Indonesian Nickel Plants Halt Output After Deadly Landslide

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The suspension at PT QMB New Energy Materials, where the accident occurred, could last as long as three months, said the people, who asked not to be named ...



Apple Delays Smart Home Display Launch as It Waits for New Siri AI ...

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Apple had then planned to release the display this month, when it hoped the new Siri would be ready, said the people, who asked not to be identified because the ...



Startup ElevenLabs Aims to Be IPO-Ready Within Three Years

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New York and London exchanges are also under consideration for the IPO, according to a person familiar with the matter who asked not to be identified because ...



Soaring Credit Risk Pushes Borrowers to Keep Delaying Bond Sales

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... asked not to be identified. With deals already delayed last week, there is now a pipeline of issuers waiting to tap the market when the opportunity arises ...



Stablecoin Payments Firm KAST Raises $80 Million in Funding

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KAST expects its annual revenue run rate to rise to $100 million this year, according to the people, who asked not to be identified to discuss confidential ...



FDA Plans to Loosen Testing Rules to Boost Biosimilar Drugs

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The FDA expects to issue draft guidance as soon as Monday, said the official, who declined to be named because the information is not yet public. The policy ...



Qatar Said to Push LNG Expansion to 2027 After Iran Drone Attack

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... declined to be named as the information is not public. A more prolonged closure, as the war in the Persian Gulf escalates, would delay the start further ...



Software Startup Factorial in Funding Talks at $2 Billion Value

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... people familiar with the matter people familiar with the matter. The startup may raise as much as $200 million, one of the people said, requesting ...



First Brazil IPO in Five Years at Risk With BRK Mulling Delay

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... for an initial public offering, is considering delaying its debut as market conditions grow more challenging, according to people familiar with the matter.



Stock Movers: Chevron, Delta, Him & Hers - Bloomberg.com

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Ultrapar is in advanced talks with Chevron Corp. to sell a 30% stake in Ipiranga, Brazil Journal reports citing two sources familiar with the matter. An ...



Trump Weighs Several Options to Tame Surging Gasoline Prices

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... requested anonymity to detail private conversations. The tax pause would require approval of Congress, something that President Joe Biden was unsuccessful ...



Stock Movers: Puig, Jefferies, Netgear - Bloomberg.com

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- Sumitomo Mitsui Financial Group Inc. has no immediate plan to take over Jefferies Financial Group (JEF), according to people with direct knowledge of the ...



US Considers Idea of Special Operation to Seize Iran's Uranium

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... officials briefed on the matter. The US and Israel struck key nuclear facilities during last June's 12-day war. Uncertainty over Iran's highly enriched ...



Iran Elevates Khamenei's Son as Escalating Strikes Shake Region

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... officials briefed on the matter. “They haven't been able to get to it and at some point, maybe we will,” Trump said late on Saturday during a briefing ...



Australia Weighs Gulf States' Request for Military Aid to Defend ...

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... officials briefed on the matter. One of the stated aims of the attacks on Iran has been to rid the Islamic Republic of any capability to produce nuclear ...



Stocks and Bonds Slide Globally as Oil Tops $100: Markets Wrap

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... officials briefed on the matter. The stock market's reaction has so far been restrained, with hopes lingering that strikes will remain contained in scope ...



Novo and Hims End Feud, Will Sell Obesity Drugs Together

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Novo Nordisk A/S plans to sell its weight-loss drugs on Hims & Hers Health Inc.'s platform, according to a person familiar with the matter, ending a highly ...



AtaiBeckley Is Said to Explore Options for Main Psychedelic Drug

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and JPMorgan Chase & Co. to lead talks with other pharmaceutical companies, said the people, who asked not to be identified as the information is private.



'As Dead As Fried Chicken': Why Trump Finally Fired Kristi Noem

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Kristi Noem's 13-month tenure leading the Department of Homeland Security was marked by controversy. But it wasn't the two American citizens' deaths at the ...



Reinsurers Triple Ship Insurance Costs After US Torpedo Attack

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... reinstate policies, according to people familiar with the matter, after a US submarine sank an Iranian warship off Sri Lanka, amplifying risk perceptions.



'As Dead as Fried Chicken': Why Trump Finally Fired Noem

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... a person briefed on the matter, who asked not to be identified discussing private conversations. She identified a drone contract priced at more than twice ...



Epstein Investigated In DEA Probe for Ketamine, Money Laundering

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... asked not to be named to discuss sensitive law enforcement matters. The individuals named in a document related to the investigation, according to the ...



Blue Owl Has £36 Million Exposure to Collapsed UK Lender to Rich

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... asked not to be named discussing private information. Century entered administration with about £95 million of total debt, the people said, days before a ...



KKR Seeks $500 Million Loan for School Operator XCL Stake Buy

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... asked not to be named discussing private matters. BNP Paribas SA, DBS Bank Holdings Ltd., HSBC Holdings Plc, ING Bank and Standard Chartered Plc are leading ...



Blue Owl Leads $750 Million Debt Deal for Vista Nexthink Buyout

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The financing, which wrapped this week, includes a $650 million term loan and a $100 million revolving credit facility, according to a person familiar with ...



Boeing Close to 500-Jet Order With Trump-Xi Summit - Bloomberg

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The two sides are also in talks for a widebody sale that includes about 100 Boeing 787 Dreamliner and 777X jets, said the people, who asked not to be identified ...



Wall Street Regulators Discuss Moving Into Same Building Complex

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... asked not to be identified discussing confidential efforts. The discussions involve moving the CFTC into the same complex where the SEC is currently located ...



JPMorgan Shifts More of EA Buyout Financing Toward Junk Bonds

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... asked not to be identified because they're not authorized to speak publicly. Initially the debt mix was skewed more toward loans. Pre-marketing is due to ...



Oracle and OpenAI End Plans to Expand Flagship Data Center

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Nvidia Corp., the leading AI chipmaker, helped facilitate Meta's discussions with the developer, said the people, who asked not to be identified because the ...



Boeing Close to 500-Jet Order With Trump-Xi Summit

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The two sides also are in talks for a widebody sale that includes about 100 Boeing 787 Dreamliner and 777X jets, said the people, who asked not to be identified ...



USA Rare Earth Poised to Buy Rest of Stake in Round Top Deposit

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... requested anonymity to discuss a plan that isn't yet public. The purchase will make USA Rare Earth the sole operator of the Round Top project, which the ...

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