Bloomberg

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.



Barclays Hires McKinsey to Identify Savings in Investment Bank ...

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... people familiar with the matter
people familiar with the matter. Consultants are examining the front office, finance, risk and technology divisions ...



Brazil Congress Threatens to Deal Fresh Blow to Lula Fiscal Plan ...

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They all requested anonymity to discuss sensitive matters. A spokesperson for the house speaker didn't immediately respond to a request for comment, but ...



US-China Tech Fight Widens After Taiwan Blacklists Huawei ...

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They requested anonymity as they weren't authorized to speak publicly. A congressional committee focused on China, meanwhile, said after Taipei's move that ...



NYC Comptroller Brad Lander Arrested at Immigration Court ...

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The comptroller was taken into custody for interfering with an arrest, according to a federal official who declined to be identified. The Department of ...



Renault (RNO FP) Kicks Off CEO Search After Luca De Meo's ...

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Renault aims to pick a successor to De Meo before he steps down on July 15, said the people, who asked not to be named because the deliberations are private.



Ascension Health Expands Reach With $3.9 Billion AmSurg Deal ...

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... asked not to be named discussing private holdings. (Updates to add quote in fourth paragraph, name of additional AmSurg owner in final paragraph.) Copy Link.



Saudi National Bank Taps Debt Market as Lenders Binge on Bonds ...

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... a person familiar with the matter, who asked not to be identified discussing private information. Order books exceeded $2 billion, the person said. The bond ...



India's MCX Bourse Said to Launch Electricity Futures This Year ...

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... asked not to be identified
asked not to be identified as the information is still private. The Securities and ...



DayOne Seeks $1 Billion Private Credit for Data Center Expansion ...

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The proposed loan, which can be upsized by an additional $250 million, is set to pay an interest of 9.5% to 10%, the people said, who asked not to be identified ...



Cantor Fitzgerald Poaches 15-Person Team in Push Into Germany ...

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... asked not to be identified discussing plans yet to be announced. Representatives for Cantor and HAL declined to comment. The hires expand the reach of the ...



AI Startup Anysphere Fields VC Offers at Over $18 Billion Valuation ...

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... asked not to be identified because the information is private. The talks arrive shortly after the startup, which launched in 2023, surpassed $500 million in ...



Russia Watches Israel-Iran Crisis With Few Tools to Intervene ...

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Iran hasn't asked for Russian help and Moscow doesn't plan to offer any defense assistance, according to a person close to the Kremlin. No one can stop ...



Qatar Asks LNG Ships to Wait Outside Hormuz Strait Until Loading ...

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... according to a person with direct knowledge
according to a person with direct knowledge of the matter. The precautionary order, which ...



Qatar Advises Caution for LNG Vessels Using Hormuz Strait ...

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... wait outside the Strait of Hormuz until they're ready to load amid escalating tensions in the region, according to a person with direct knowledge of the matter.



European Gas Jumps on Worries About Key LNG Route Navigation ...

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... according to a person with direct knowledge of the matter. While delays in shipments are not expected for now, prices reacted strongly as Hormuz is a major ...



Victoria's Secret Pressured by Another Investor Urging Changes ...

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... asked not to be identified because the information was private. “Barington has not sought to engage with us,” a spokesperson for Victoria's Secret said ...



Taiwan's Starlux Eyes More Large Airbus Jets in Paris Show Deal ...

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The carrier is leaning toward a top-up order for Airbus's A350-1000, said the people, who asked not to be identified because the information is private.



Oil Shippers Pause Offers to Mideast as Conflict Intensifies ...

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... asked not to be identified as they're not authorized to speak publicly. Meanwhile, some owners with tankers that had been provisionally chartered as of ...



Hungary Sells $4 Billion in Bonds to Fund Orban's Budget Gap ...

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The country garnered combined bids of more than $14 billion for the offering, according to a person familiar with the matter, who asked not to be identified ...



Saudi Electricity Seeks $1 Billion Loan Amid New Projects ...

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acting as the sole mandated lead arranger and bookrunner for the deal, said the people, who asked not to be identified as the matter is private. The loan is ...



EU Faces Struggle to Cut Russia Oil Price Cap on Mideast Risk ...

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... asked not to be identified because the meeting was private. Some countries also raised the need for coordination with the G-7, indicating an unwillingness ...



Air India Crash Seen Triggering $475 Million in Insurance Claims ...

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... asked not to be identified discussing private matters. A spokesperson for Air India did not immediately reply to request for comment. Insurers will first ...



Millennium in Talks to Sell Minority Stake That Values Hedge Fund ...

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... according to a person familiar with
according to a person familiar with the matter. The multistrategy firm is working with Goldman Sachs ...



EU's Sefcovic to Meet US's Greer at G-7 to Talk Trade, Tariffs ...

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... with US Trade Representative Jamieson Greer on the sidelines of the Group of Seven meeting in Alberta, Canada, according to a person familiar with the plan.



SALT Cap: Senate Draft Tax Bill Stays With Current $10,000 Limit ...

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The draft bill — slated to be released later on Monday — includes the current $10,000 SALT cap, according to a person familiar with the matter. But the ...



$7 Billion Hedge Fund Pharo Plans Abu Dhabi Hub For Africa Team ...

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... according to a person familiar with the performance. A spokesperson for the firm confirmed the plans for an Abu Dhabi office but declined to provide further ...



Israeli Weapons Displays Covered at Paris Show, Sparking Row ...

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A French official who asked not to be named said five Israeli companies had reneged on an earlier agreement not to display offensive weapons at the event.



Israeli Weapons Displays Covered at Paris Air Show, Sparking Row ...

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The official, who asked not to be named discussing sensitive matters, said the decision was in keeping with France's official stance — that while Israel has ...



Energy Markets Rattled as Israel, Iran Continue to Fight It Out ...

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Taiwan's Starlux Airlines is closing in on a $4 billion deal for almost a dozen Airbus A350-1000 widebody jets, according to people familiar with the matter.

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