Bloomberg

Hong Kong's Iconic Sogo Department Store Races to Refinance Loan

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The operator of the Sogo department stores in Hong Kong has less than a month to refinance a loan coming due, people familiar with the matter said, ...



Varde Partners Aims to Raise $1 Billion Asia Private Credit Fund

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The vehicle aims to deploy capital across Asia, with a focus on India, Australia, and Southeast Asia, the people said, who asked not to be identified discussing ...



Aquarian Seeks More Backers for $4.1 Billion Brighthouse Deal

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Some institutional investors have committed to take a piece of the financing, according to people familiar with the matter, who asked not to be identified ...



Canadian Fund Firm Mackenzie Cuts Portfolio Managers to Trim Costs

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The firm cut staff in the investment management, technology and product divisions, said the people, who asked not to be identified because the matter is ...



Aflac Follows Alphabet Into Japan's Booming Yen Bond Market

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The coupon on the 10-year tenor was 3.482%, according to people familiar with the matter, who asked not to be identified because the information is private.



Iran Has Destroyed Roughly $1 Billion Worth of US Reaper Drones

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... a person with direct knowledge of the matter. More From Bloomberg. President Trump Hosts Congressional Picnic. Iran Says the US's Latest Proposal Has ...



Cursor Hits $3 Billion Annual Sales Rate Ahead of SpaceX Deal

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Cursor now has more than 3,000 customers paying at least $100,000 each for its software on an annualized basis, said the person, who asked not to be named ...



INR/USD: Indian Rupee Rises Most in Asia on Intervention, RBI Steps

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The Reserve Bank of India sold dollars in the offshore market, according to traders familiar with the development, who declined to be identified as the matter ...



Executive Assistants Making $100000 a Year Are Losing Jobs to AI

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... declined to be identified discussing private information. Contact us: Provide news feedback or report an error · Confidential tip? Send a tip to our reporters.



Billionaires' Row Tower Valued at $600 Million in Refinancing

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57th St., at more than $600 million once certain leasing milestones are reached, according to a person familiar with the matter who requested anonymity to ...



Bird Construction Readies Its First Corporate Bond Sale - Bloomberg

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... looking to sell bonds for the first time, and aims to raise around C$250 million ($181 million), according to people with knowledge of the matter.



Lone Star Weighs Sale of Lender IKB After Nearly 20 Years

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... a sale of IKB Deutsche Industriebank AG nearly two decades after investing in the German lender, according to people with knowledge of the matter.



JPMorgan Boosts Warner Bros. Loan to $10 Billion as Merger Looms

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... with knowledge of the matter. More From Bloomberg. Indian Prime Minister Narendra Modi in Italy. Modi's Toffee Gift to Meloni Ignites Rally in Wrong Indian ...



H.B. Fuller Said to Bid Over £600 Million for UK's AMS

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... Medical Solutions Group Plc, a British maker of tissue-healing medical products, as it seeks to push into healthcare, people with knowledge of the matter said.



Indian Central Bank Intervenes as Rupee Drops to Record Low

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... , according to traders familiar with the development, who asked not to be named discussing private matters. The rupee slipped to an all-time low of 96.9650.



Korea Exchange Is Said to Launch Weekly Options on Single Stocks

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... asked not to be named as the information isn't public. The bourse is also working on launching monthly and weekly contracts on exchange-traded funds later ...



Barclays Private Bank to Name India Diaspora Head in Singapore

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Jha, serving gardening leave at Bank of Singapore Ltd., will start at the British bank in July in the city-state, said the people, who asked not to be named ...



Jefferies Hires Volschenk to Lead Metals and Mining in EMEA

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Volschenk will be based in London and is expected to start at the US investment bank in late summer, said one of the people, who asked not to be identified ...



Japan's Nikkon Said to Weigh Going Private With US Funds to Bid

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are expected to take part in the bidding, said the people, who asked not to be identified discussing confidential information. More From Bloomberg. More ...



Tankmaker Rheinmetall Preps First Public Bond Deal Since 2010

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... according to a person familiar with the matter who asked not to be identified. Its last conventional bond sale was in 2010, though it has raised convertible ...



UK to Delay Hike in Motor Fuel Tax in Bid to Ease Living Costs

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The UK government is set to delay a planned hike in fuel duty due in September in a bid to ease the pressure on drivers, according to a person familiar with ...



OpenAI Faces IPO Unknowns Even After Victory Over Elon Musk

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The company aims to file for an initial public offering in the coming days or weeks, according to a person familiar with the matter, with the goal of going ...



US Enlists Small Biotech Firm for Experimental Ebola Treatment

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... biotech company to provide an experimental treatment that may be used in patients exposed to Ebola, according to a person familiar with the matter.



Go-To DC Sanctions Attorney Confronts Transactional Trump Era

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Unsure what to do, the executive (who requested anonymity for fear of repercussions from Russian authorities) asked a colleague for help and got some advice ...



Crop Giant Cargill Names Giordano as World-Trading Head

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Agricultural firm Cargill Inc. appointed Armando Giordano as its new head of world trading, according to people with knowledge of the matter.



Codelco Eyes $2 Billion Gain From Unifying Copper Mines in Chile

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... asked not to be identified discussing confidential information. More From Bloomberg. Iran Missiles. Iran Threatens to Retaliate Beyond Middle East If US ...



Goldman CEO Slides Into Musk's DMs During Bid to Lead SpaceX IPO

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... asked not to be identified citing private details. More From Bloomberg. Iran Missiles. Iran Threatens to Retaliate Beyond Middle East If US Attacks. updated ...



Baillie Gifford, Layer Global Add $200 Million to Kalshi Funding

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... a person familiar with the situation a person familiar with the situation. Baillie Gifford is joining Kalshi as investor for the first time, said the ...



Reliance in Talks With CATL, Others for Big Battery System Parts

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... according to people familiar with the matter, as India's largest company seeks to advance its renewable energy ambitions in the face of China's tech curbs.



French Truck Rental Firm Fraikin Exploring €3 Billion Sale

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... with knowledge of the matter with knowledge of the matter said. The owners — a consortium of investment firms and creditors — are working with ...



Chevron, Motiva Curb Deliveries of Key Motor Oil Feedstock

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... requested anonymity discussing non-public information. More From Bloomberg. Oil Traders Navigate Iran War Impacts With Niche Spread Bets. Stocks and Oil ...



Apple's New Hardware Chief Shakes Up Oversight of Product Design

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... with knowledge of the matter. He took the position as part of a broader leadership overhaul at Apple, with longtime hardware executive John Ternus tapped to ...



Reeves Floats Price Freezes on Food in Bid to Cut UK Bills

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... on condition of anonymity. Nothing has been agreed and the price freezes wouldn't be imposed, the people said. More From Bloomberg. More Federal Electric ...



Ukraine Sees US Seeking Technology Transfers in Drone Deal

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... rights from Ukraine as part of a drone deal that is awaiting approval at the highest political level, a person familiar with the matter said.



KKR and ECP Weigh Increasing Offer for Energy Group DCC

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KKR & Co. and Energy Capital Partners are considering raising their offer to acquire energy provider DCC Plc, people with knowledge of the matter said.



Itochu Takes Over AirLife's Japan Sales in Healthcare Expansion

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... declined to be named as the decision is not yet official. Michigan-based SunMed does business in Japan as AirLife after a 2023 rebrand. More From Bloomberg.



Indian Airlines Plead With Oil Majors to Postpone Jet Fuel Hikes

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... asked not to be named because the discussions are private. India's oil and gas ministry is also involved in discussions, and may intervene again as it did ...



BlueCrest Hires Nomura Trader Who Lost Job Over Alleged Spoofing

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Sawada joined the UK-based investment firm as a portfolio manager, according to people familiar with the matter, who asked not to be identified as the ...



Indonesia Prices Its Latest Dollar, Euro Bonds Amid Selloff

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... asked not to be identified. Indonesia has tapped investors in both markets this year, in addition to the yen and China's currency . More From Bloomberg. More ...



India Set for Record Central Bank Dividend to Cushion War Shock

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The Reserve Bank of India's board will meet Friday to approve the dividend, according to people familiar with the matter who asked not to be identified as the ...



Senegal Arrears to Arab Development Bank Highlight Debt Woes

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The amount owed to Badea is less than 90 days overdue, said the people who were present at the meeting and asked not to be identified discussing private ...



Orient Express Rail Operator Seeks €300 Million From Debut Bond

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A debut senior secured bond issue with a four-year tenor may follow, said a person familiar with the deal, who asked not to be named. More From Bloomberg.



US Open Stadium Seeks $400 Million Private Debt for Revamp Plans

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... with knowledge of the matter said, requesting anonymity because the discussions are private. More From Bloomberg. More Federal Electric Vehicle Money Flows ...



Japan's Takaichi Set to Announce Extra Budget Amid Mideast Shock

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... asked not to be identified discussing a private matter. More From Bloomberg. Boeing airplanes at the company's manufacturing facility in Renton, Washington ...



UBS BB Hires Former Bradesco BBI Banker Mesquita as Head of ECM

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UBS BB Investment Bank hired Claudia Bollina Mesquita as head of equity capital markets, according to people familiar with the matter.



US Regulators Poised to Reshape Secret Ratings Process for Banks

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... this week a plan that would overhaul how examiners secretly rate banks, according to people familiar with the matter, a move likely to be cheered by lenders.



Lufthansa Speaks to Investors for Euro Bond as Fuel Stress Grows

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... person familiar with the matter, who asked not to be identified. Proceeds would be used for general corporate purposes, including refinancing existing debt ...



Merck Eyes $6 Billion in Seven-Part Bond Sale for Terns Deal

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Merck is selling the notes in as many as seven parts, according to a separate person with knowledge of the matter. The longest portion of the offering, a 30 ...



Apple iOS 27: AI Writing, Grammar Help; New Shortcuts App

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The features are planned for iOS 27 and iPadOS 27, according to people with knowledge of the matter. The additions include new AI-powered writing tools, the ...



E-Commerce Giant Shein Buys Apparel Brand Everlane, Reports Say

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The company's board signed off on the deal Saturday, Puck said, citing a person with knowledge of the matter. More From Bloomberg. Jumia Technologies logo.

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