Bloomberg

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 ...



UK Set to Drop Regional Power Price Plan Hated by Industry ...

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... asked not to be named discussing a decision that hasn't been announced. They cautioned that a final decision hasn't been made and that it will need ...



Banque Havilland Nears Sale of Monaco Unit to Fintech Investors ...

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... asked not to be named because the details haven't been made public. Banque Havilland was formerly controlled by the family of David Rowland, a millionaire ...



Gap CEO's Turnaround Plan Was Working Until Trump's Tariffs ...

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... asked not to be named because the matter was confidential. Yet Dickson was hardly a stranger to apparel. He grew up in New York City with parents who both ...



Private Credit Rejects JPMorgan Trading Push - Bloomberg

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... a person with direct knowledge of the situation. Lin didn't respond to requests for comment and the JPMorgan spokesperson declined to say who would replace ...



Deutsche Bank (DBK) Taps Macquarie Strategist for Emerging ...

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Deutsche Bank AG has hired Macquarie Asset Management's sovereign debt strategist Bruno Rovai, according to a person familiar with the matter, ...



White House Restaffs National Security Council Amid Foreign Wars ...

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After the White House pushed out scores of NSC staffers in May, it was left with only a few dozen, according to a person familiar with the matter. The White ...



MMC Ports Is Said to File for Biggest Malaysian IPO Since 2012 ...

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MMC Port Holdings Sdn. is pressing ahead with its planned listing in Malaysia, according to people familiar with the matter, in what could be the biggest ...



Columbia Investigating Possible Cyberattack after Website Outage ...

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The school doesn't have any indication so far of ransomware, or breached or stolen data, according to one of the people familiar with the matter. Its main ...



Trump's Tariffs: US, Mexico Eye Import Quota in Trade Talks on ...

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Amounts above it would be subjected to the full duty, said people familiar with the matter. The proposed cap would equal 88% of the total steel US buyers ...



Banks, Insurers Curbs on Thermal Coal Undermined by Loophole ...

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... declined to be named because they weren't authorized to speak publicly. It follows a spike in the dynamic following Russia's 2022 invasion of Ukraine, when ...



StanChart Plans SRT Tied to $2 Billion of Corporate Loans ...

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... with knowledge of the matter
with knowledge of the matter. The reference portfolio includes loans from both North America and Europe, said the people ...



JPMorgan Re-Packages Freddie Mortgage Bonds From Axonic Into ...

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... declined to be identified discussing sensitive information. A spokesperson for Bank of America declined to comment. Bond managers are eager to sink more ...



Tata Capital Is Said to Get SEBI Approval for $2 Billion IPO ...

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The Securities and Exchange Board of India notified the company and its bankers, according to the people, who asked not to be identified as the information is ...



Airbnb Snail Mail Standoff Spotlights Dismay Over Hurdles for ...

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... declined to be identified discussing a private matter. FedEx didn't respond to a request for comment on the discrepancy. Liberal and Conservative. Complaints ...



JBS Plans First Debt Sale After US Listing to Extend Maturities ...

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The Brazilian company is expected to price a three-part offering of debt due in 10, 30 and 40 years on Monday, according to a person with direct knowledge of ...



Europe Frets About US Retreating From Region Ahead of NATO ...

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... person familiar with the matter. It's unclear whether European nations have started planning to fill any potential gaps left by US forces. Withdrawing the ...



Farage's Rise Calls Bank of England Independence Into Question ...

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Farage has privately discussed the possibility of taking back independence from the BOE, according to a person familiar with the situation. And deputy ...



NATO Offers to Tweak 5% Spending Goal to Win Spanish Approval ...

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The adjustment would introduce a nuance that could provide more flexibility to the commitment, said the people, who requested anonymity to discuss private ...



US Strike on Iran: Gulf States Fear Escalation As Strikes Rattle ...

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... insisted on anonymity to discuss sensitive matters. The terrorism and sectarian warfare that followed the 2003 Iraq War and the Arab Spring loom large ...



EU Frets Over US Demands in Trade Talks It Sees as Unbalanced ...

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... people familiar with the matter. Among Washington's requests are measures relating to quotas for fish exports that EU officials say may be incompatible with ...



Aflac Reports Potential Leak of Personal Data in Cyber Breach ...

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The company brought in CrowdStrike Holdings Inc., according to a person familiar with the matter, who requested anonymity because the information isn't public.



Trump Pledge of Quick China Magnet Flows Has Yet to Materialize ...

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... a person familiar with the matter. That's particularly galling because China has adequate ethane supplies in reserve and can switch to using naphtha from ...



Romania Government Talks Hit Roadblock Over Fiscal Measures ...

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... asked not to be named as they take place behind closed doors. Dan, a centrist who beat back a far-right challenge to win the country's highest office last ...



Romanian President to Name Premier as Fiscal Deal Reached ...

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President Nicusor Dan will make the appointment at 3 p.m. in Bucharest on Friday, according to people familiar with the plans, who declined to be identified as ...



Octagon to Hire Ex-Morgan Stanley Head for Private Credit Push ...

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... head of direct lending origination for its private credit business, Sean Sullivan, has left the firm, according to people with knowledge of the matter.



Apple Debates a Deal With Perplexity in Pursuit of AI Talent ...

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... with knowledge of the matter. The discussions are at an early stage and may not lead to an offer, said the people, who asked not to be identified because ...



Third Point, Pentwater Reap Big Gains From US Steel-Nippon Steel ...

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... a person familiar with the situation. The New York-based firm stood out for its prescient call in the April letter on the transaction's likelihood to ...



China's Baidu Eyes Robotaxi Expansion to Singapore and Malaysia ...

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Baidu Inc. is planning to launch its Apollo Go robotaxi service in Singapore and Malaysia as early as this year, according to a person familiar with the matter ...



Musk's xAI Sweetens Debt Offering as Investors Face Deadline ...

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... person familiar with the matter. Each of the components had been priced at lower rates and the term loan B had a smaller discount. Some investors expected ...



Tencent Music Shares Double on Break From China Price Cut Script ...

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Baidu Inc. is planning to launch its Apollo Go robotaxi service in Singapore and Malaysia as early as this year, according to a person familiar with the matter ...



Musk's xAI Lures Investors to Sweetened $5 Billion Debt Deal ...

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The $3 billion of new bonds priced at a 12.5% yield, as did a $1 billion fixed-rate term loan , according to a person familiar with the matter. A separate ...



Israel-Iran War: US Officials Prepare for Possible Strike on Iran in ...

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Senior US officials are preparing for the possibility of a strike on Iran in coming days, according to people familiar with the matter, as Israel and the ...



Ex-Citi Wealth Management Executive to Buy Small Argentine Bank ...

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The transaction has already been submitted to Argentina's central bank, according to the person, who asked not to be named discussing an ongoing transaction.



Gulf States Caught off Guard by Speed of Israel's Iran Attack ...

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... people with direct knowledge of the matter. There, Prince Faisal repeated what his country had told Iran for months, including during Defense Minister ...



Irish Billionaire Coulson Nears Deal to Cede Ardagh to Creditor ...

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... asked not to be named because they aren't authorized to speak publicly. The details of the deal are still under discussion and could change, the people said ...



Gulf States Caught Off Guard by Speed of Israel's Iran Attack ...

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... people with direct knowledge of the matter who were not authorized to discuss sensitive subjects. There, Prince Faisal repeated what his country had told ...



Japan Regulator to Ramp Up Scrutiny of Banks' Repackaged JGBs ...

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... asked not to be named discussing a private matter. The FSA will review these disclosures and may consider extra actions if necessary, the people said. The ...



Italy's Brembo to Provide Brakes for US Bike Brand Specialized ...

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With the latest move, the Italian company's brake business is entering the mountain bike competition segment, said the people who asked not to be named ...



Barclays, Santander Among Firms Interested in Buying Sabadell's TSB

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The banks are in the early stages of exploring separate bids for TSB, according to the people, who asked not to be named discussing private information.



Chipmaker Wolfspeed Nears Bankruptcy Deal With Lenders ...

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The company will soon announce a deal with lenders for a so-called prepackaged bankruptcy, said the people, who asked not to be named because the information is ...



Banco Master CEO Injects $364 Million, Easing Path to BRB Merger ...

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... a person familiar with the matter
a person familiar with the matter. The capital increase by Chief Executive Officer Daniel Vorcaro is part of a plan ...



Amazon Orders Employees to Relocate to Seattle, DC, Arlington ...

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... according to people familiar with the situation. Amazon is mostly rolling out the mandate in one-on-one meetings and town halls rather than sending out a ...



New World Seals Deal for Louis Vuitton Store in Hong Kong's K11 ...

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... according to people familiar with
according to people familiar with the matter, as global luxury giants eye ...



Alibaba-Backed 'AI Dragon' MiniMax Is Said to Plan Hong Kong IPO ...

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MiniMax, one of China's so-called AI Dragons or Tigers, could aim to list as soon as this year, according to the people, who asked not to be identified because ...



Star Capital Is Said to Weigh IPO of Defense Tech Firm Vincorion ...

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The private equity firm has held initial discussions with potential advisers about a listing, said the people, who asked not to be identified as the information ...



Tencent-Backed MiniMax Releasing AI Tools to Take On Manus ...

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... according to a person with direct knowledge of the matter. The Shanghai-based company plans to roll out the services to the public this week, said the ...



Morgan Stanley (MS) to Shutter Electronic Equity Market-Making Unit

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The business, known internally as automated market-making, is being closed, according to two people familiar with the matter, who declined to be identified ...



UK Inheritance Tax Surge on Rich Was Mistake, Policy Author Says ...

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... asked to remain anonymous because nothing has been decided. The Financial Times reported that Chancellor of the Exchequer Rachel Reeves is reviewing the ...



Microsoft Job Cuts Planned Aimed at Salespeople (MSFT ...

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The reductions won't exclusively affect sales teams, and the timing could still change, said the people, who requested anonymity to discuss a private matter.

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