Bloomberg

Meta Shifts Metaverse Executive to AI Following Job Cuts - Bloomberg

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... asked not to be named discussing private information. Ryan Cairns, who leads all of the company's Quest virtual reality hardware and its VR operating system ...



Hong Kong Property Losses Hit PE Funds After $17 Billion Rush ...

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... asked not to be named discussing private information. The building's high profile retail tenant has been replaced by 24/7 gyms and an outdoor gear store ...



Turkey Taps Debt Market With Dollar Bond as EM Optimism Grows ...

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The sovereign's new dollar notes, maturing in November 2036, are being marketed around the 7.15% yield area, according to a person familiar with the matter.



Amazon Plans to Cut Corporate Jobs Across Core Departments ...

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... according to a person familiar with the comments. He's also told colleagues that parts of the company remain unwieldy after Amazon's pandemic-era hiring ...



Philip Morris Kicks Off Five-Part Investment-Grade Bond Offering ...

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... according to a person familiar with the matter who requested anonymity because the details are private. Proceeds will go toward purposes including debt ...



Paramount to Cut 1,000 Jobs Wednesday in First Round of Layoffs ...

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Paramount Skydance Corp. will begin a major round of layoffs with 1000 job cuts on Wednesday, according to a person familiar with the company's plans.



Abu Dhabi's XRG Is in Talks to Invest in Argentina LNG Project ...

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XRG's talks with YPF are preliminary and the company may decide not to pursue an investment, according to people who asked not to be identified. The ...



'Yellowstone' Creator Taylor Sheridan to Leave Paramount for NBC ...

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... asked not to be identified discussing nonpublic information. The new contract will take effect in January 2029. Sheridan has been one of the most prolific ...



JPMorgan's Grip on London Gold Vaults Challenged by Rival Banks ...

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... asked not to be identified as they weren't authorized to speak publicly. Morgan Stanley's plans are at an earlier stage, but it aspires to expand its ...



Paramount Sets Steps to Get Warner Deal Past Opponents, Agencies

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... asked not to be identified discussing private information. BloombergPursuits · Suspects in Louvre Heist in Custody After Week-Long Manhunt · Art Basel Paris ...



Commerzbank's Former CEO Met Orcel After UniCredit Bought Stake

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Knof and Orcel met on Sept. 22, 2024, at the German executive's home in Bavaria, said the people, who asked not to be identified discussing private information.



Paramount Sets Steps to Get Warner Deal Past Opponents ...

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... asked not to be identified discussing private information. Key Speakers At The Bloomberg Screentime Conference. David EllisonPhotographer: Kyle Grillot ...



As Argentine Peso Rallies, US Eyes a Small Gain on Its Rescue ...

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... a person with direct knowledge. A spokesperson for the US Treasury didn't respond to a request for comment. The estimates are only a snapshot in time, of ...



Banijay Is Said in Talks to Acquire CVC's Betting Firm Tipico ...

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Banijay Group NV is in advanced talks to buy CVC Capital Partners Plc's German sports-betting business Tipico, according to people familiar with the matter. A ...



SAP Made Earlier Takeover Approach for Software Firm BlackLine ...

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BlackLine Inc. has attracted takeover interest from suitors including SAP SE, according to people with knowledge of the matter.



Novartis Said to Near $70-Per-Share-Plus Deal for Avidity - Bloomberg

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Novartis AG is nearing a deal to buy biotechnology company Avidity Biosciences Inc., according to a person familiar with the matter.



Gold Trader Hiring Spree Drives Up Pay as Bullion Market Booms ...

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... people familiar with the matter. Numerous hedge funds, banks and industrial companies like refiners are also either trying to break into precious metals or ...



India and China Resume Direct Flights as Modi-Xi Ties Warm Up ...

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... on the condition of anonymity. The airline hasn't yet announced a date for the launch of flights. Copy Link. Follow all new stories by Mihir Mishra. Following ...



Trump's Russia Oil Sanctions Designed to Put Pressure on Putin ...

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... according to a person familiar with the US move. The sanctions came on top of the blacklisting of Surgutneftegas PJSC and Gazprom Neft PJSC in January ...



German Firms Hand Over Secrets That China Could Use for Leverage

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Yet even as German companies divulge commercial secrets to China, their own government is flying blind, according to people familiar with the matter. While ...



Sector & Industry Performance - Bloomberg

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... people familiar with the matter, marking one of the biggest disposals by an asset allocator in Asia. Hong Kong Jockey Club Sells $1 Billion Portfolio to ...



Starmer Mulls Europe Rethink in Search for Way to Counter Farage ...

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... people familiar with the matter who spoke anonymously about internal strategy. With the Office for Budget Responsibility estimating that Brexit is ...



Russia's Oil Business Takes a Hit From Fight Between Top Traders ...

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... people with direct knowledge of the operations. It's forced the network to pay higher insurance premiums, accept longer and more opaque shipping routes, and ...



China's Pacific Gas Owns LNG Ship Skirting Russian Sanctions ...

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... with knowledge of the matter
with knowledge of the matter. The Chinese LNG tanker, CCH Gas, is owned by Pacific Gas, a Chinese shipping firm, although ...



Goldman Pitches Petco Debt Refinancing as Finances Strengthen ...

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... Health & Wellness Company's nearly $1.6 billion term loan as the company's financial position has improved, according to people with knowledge of the matter.



Bank of England Probes Data Center Lending Amid AI Bubble Fears ...

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Now, the central bank's attention is moving to the links between AI companies and the financial sector, according to people with knowledge of the matter.



BOE Bows to Pressure to Reveal Detail of Hedge Fund Talks Faster ...

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According to a person familiar with the change, it was made due to market participant feedback and to avoid any perception of an advantage for those in ...



Rubio's Sizing Up of Russian Spin Spurred US Shift On Putin ...

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... according to a person familiar with the Kremlin's thinking. But a day later, after meeting with Ukrainian President Volodymyr Zelenskiy, Trump reiterated ...



NBA Gambling Scandal: Arrests of Rozier, Billups Expose Business ...

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Our existing partnership agreement with them remains in effect.” A person close to the union said that the two parties don't have an agreement or a go ...



Housekeeper Salaries Top $100,000 as Luxury Furniture Booms ...

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“It's a lot of levels of cleaning that I've done to get where I am right now,” says Gina, who asked to be identified only by her first name because of the ...



VC Firms Lean on AI for More Than Just Returns - Bloomberg

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... a person familiar with the matter. Thrive Capital has an AI agent called Puck, likely named for the Puck Building where it's headquartered in Manhattan ...



Trump to Pick Michael Selig for CFTC Chair Amid Crypto Expansion ...

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... to chair the Commodity Futures Trading Commission, according to an administration official, who asked not to be identified discussing personnel matters.



India Close to US Trade Deal While Urging No Rush to Sign ...

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There has been a convergence of most issues and a deal is in sight, the official, who asked not to be identified as the discussions were private, told ...



South Africa in Talks With Six Firms to Raise Funds for F1 Races ...

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... asked not to be identified because the talks are private. Formula One Management Ltd. only works with the government in some countries and the commitments ...



GM Lays Off Hundreds of Salaried Workers Amid Profit Guidance ...

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... asked not to be identified discussing internal matters. GM has been streamlining the company to boost profits at a time when automakers are trying to cope ...



TotalEnergies Said to Weigh Stake Sale in German Battery Storage ...

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The asset could attract investors such as infrastructure funds, said one of the people, who asked not to be identified because the information is private.



Ontario's $100 Billion Pension Dismisses Entire Asia Buyout Team ...

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The Singapore-based private equity team for the region has a handful of members, according to people with knowledge of the matter who asked not to be identified ...



Canal+ Explores Buying Comcast's Stake in African Streaming ...

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... asked not to be identified as the information is private. MultiChoice Group Ltd., controlled by Canal+, owns the rest of Showmax. Considerations are ...



Bessent's Intervention in Argentine Peso Soars Past $1 Billion ...

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The tally remains unconfirmed, but one trader who asked not to be identified put the figure at $1.4 billion, while a local consulting firm told clients it was ...



Wall Street Bets on Tariff Refunds If Court Rules Against Trump ...

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... asked not to be identified discussing potential terms. Most of the trades range in size from $2 million to $20 million, with few over $100 million, one of ...



Pershing Square Sells Its First Dollar Bond Since 2021 - Bloomberg

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... according to a person familiar with the matter. Proceeds are earmarked for general corporate purposes, said the person, who asked not to be identified ...



Russia Seeks Oil Sanctions Workaround to Offset Hit to Budget ...

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... an official close to the Kremlin. Russia will deploy its network of oil traders and shadow tanker fleet to limit the financial impact, the official said ...



Netanyahu Rivals' West Bank Annexation Bill 'Insults' Vance ...

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” A coalition official who declined to be identified because discussions aren't public said Likud would use its committee clout to stop the bill's passage.



Everton Bidder 777 Fraud Case Exposes Football's Shaky Finances ...

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... declined to be identified when discussing a private meeting. Wander used the occasion to try to pitch 777 as an investment for Al-Khelaifi, the person said ...



Rivian Cuts About 600 Jobs in Latest Setback for EV Maker ...

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The job cuts, which Bloomberg reported earlier Thursday citing a person familiar with the matter, focus on commercial roles across the servicing and sales ...



Rivian Cuts About 600 Jobs in Latest Setback for EV Manufacturer ...

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... a person familiar with the matter
a person familiar with the matter. The layoffs will be focused on commercial roles across the servicing and sales ...



Argentine Bonds and Peso Rally Ahead of Crucial Vote for Milei ...

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... people with direct knowledge of the matter. The US also agreed to increase its quota on beef imports from Argentina on Wednesday to boost the South American ...



BC Partners' New Fund Raises €1.8 Billion as First Close Nears ...

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... with knowledge of the matter
with knowledge of the ...



Private Credit Lenders Are Taking Over Telecoms Supplier Netceed ...

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All of the creditors agreed to write off some of their debt in exchange for ownership stakes in the company, people with knowledge of the matter said, speaking ...



Latest Oil Market News and Analysis for Oct. 24 - Bloomberg

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... according to an official close to the Kremlin. Rosneft, headed by President Vladimir Putin's close ally, Igor Sechin, and Lukoil are the country's two ...

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