Bloomberg

Databricks AI Chief to Exit, Launch a New Computer Startup ...

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... asked not to be named discussing private information. Rao declined to comment on his plans for the new company. Rao is a serial entrepreneur who sold his ...



BlackRock's Rick Rieder Climbs List of Fed Chair Powell ...

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... according to someone familiar with the Treasury secretary's thinking. Rieder would bring a calm demeanor and in-depth knowledge of financial firms outside ...



Ukraine Claims Strikes Affecting Key Russian Baltic Oil Hubs ...

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The strikes temporarily suspended crude operations at Primorsk, the largest oil-loading port in the region, a person familiar with the situation said ...



Dubai Property Developer Binghatti Prepares For Possible IPO ...

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The firm is seeking to hire banks to help it go public in the United Arab Emirates, according to people familiar with the matter, who declined to be named while ...



Warburg Is Said to Explore Rival Bid for Fund Services Firm JTC ...

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... with knowledge of the matter
with knowledge of the matter said. Warburg Pincus has been studying a possible deal for JTC, the people said, asking ...



Apple AI and Search Executive Robby Walker to Leave Company ...

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... , one of the iPhone maker's most senior artificial intelligence executives, is leaving the company, according to people with knowledge of the matter.



OpenAI, Nvidia CEOs Set to Announce UK Data Center Investments ...

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... center investments when they head to the country next week at the same time as President Donald Trump, according to people with knowledge of the matter.



Ares Plans €1.5 Billion Private Credit Secondaries Deal - Bloomberg

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... with knowledge of the matter
with knowledge of the matter said. The fresh continuation vehicle will hold a number of legacy European loans from ...



Apple AI and Search Executive Robby Walker to Leave iPhone Maker

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... with knowledge of the matter
with knowledge of the matter. Walker, who's one of a few direct reports to AI chief John Giannandrea, was in charge of ...



Stocks and Bond Prices Are Saying the Fed Has Nailed It So Far ...

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Discovery, people with knowledge of the matter said. Any deal would face financial and regulatory hurdles. Stocks slipped from all-time highs as investors ...



Hong Kong Pitches Itself as Assembly Base for China EV Makers ...

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Hong Kong is in talks with several Chinese electric-vehicle makers to establish local EV manufacturing, according to people familiar with the matter, ...



Microsoft CEO-Backed Groww Prepares India IPO Filing - Bloomberg

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... people familiar with the matter
people familiar with the matter. If the valuation holds, Groww would become India's largest brokerage by market value ...



Chinese Bond Flow Data Suspended After Market Selloff Deepens ...

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... requested anonymity discussing private matters. The bond flow data are closely followed by traders as a gauge of sentiment in the world's second-biggest ...



G-7 Finance Chiefs to Talk China, India Tariffs Over Russia Oil ...

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They'll also discuss the potential use of immobilized Russian assets, said one of the people, who spoke on the condition of anonymity. Read More: Trump ...



NATO Working on Defensive Measures After Poland Drone Incident ...

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There will also be a political response, according to the person, who requested anonymity to discuss private matters. An initial political response was ...



Federal Prosecutors Looking Into Fraud Allegations at Tricolor ...

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... and subprime auto lender Tricolor Holdings, which filed to liquidate in bankruptcy court on Wednesday, according to people with knowledge of the matter.



Billionaire Adani's Bid to End Bribery Case Stalls With Strained US ...

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... asked not to be identified as the talks are private. Trump administration officials have signaled to the tycoon's representatives — which include a roster ...



Backers of Coffee Unicorn Kopi Kenangan Said to Mull Stake Sales ...

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... asked not to be identified because the deliberations are private. Kopi Kenangan could be valued at $1.2 billion to $1.4 billion in a transaction, the people ...



Chinese Data Center Firm Zdata Seeks $500 Million Private Loan ...

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... asked not to be identified discussing private matters. The deal's tenor could be around two to three years, they added. Discussions are ongoing and the ...



Evergrande Liquidators Get Bids for Unit From State-Owned Firms ...

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are among the bidders indicating interest in Evergrande Property Services Group Ltd., according to the people, who asked not to be identified discussing private ...



Israeli Firms Barred From Dubai Air Show as Regional Furor Grows ...

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... declined to be identified by name or nationality while discussing sensitive matters. Tuesday's attack in Doha, which targeted the political leadership of ...



BlackRock Seeks to Tokenize ETFs After Bitcoin Fund Breakthrough ...

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... declined to be identified citing confidential information. The New York-based firm is working on tokenizing funds tied to real-world assets, such as stocks ...



Microsoft to Put More Computing Power Behind In-House AI Models ...

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... asked not to be named discussing an internal meeting. Microsoft is taking the approach of simultaneously deepening its ties with OpenAI, partnering with ...



Germany Is Said to Back New York Plan for Israel and Palestine ...

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... asked not to be named because the decision isn't yet public. The declaration backs the creation of a Palestinian state as well as a right to return for ...



Peter Mandelson's Firm Global Counsel Cuts Ties With Him After ...

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Clients remain supportive of the company, according to one of the people, who asked to remain anonymous given its separation from Mandelson is yet to be ...



Latest Oil Market News and Analysis for Sept. 12 - Bloomberg

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... a person familiar with the situation said. “We expect that Ukraine will step up their attacks on Russian energy infrastructure as a ceasefire is still ...



Aramco Taps Bond Market Again as Saudis Ramp Up Borrowings ...

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Information from person familiar with the matter who asked not to be identified. Copy Link. Get Alerts for: Following Harry Suhartono Harry Suhartono.



Centurium Is Said to Consider Stake Sale in $6 Billion Taibang ...

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Centurium has been sounding out potential buyers, including state-owned entities, according to the people, who asked not to be identified because the ...



US Raid Disrupts Construction at Multiple Korean Battery Plants ...

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... a person familiar with the situation said. LG Energy declined to comment. — With assistance from Shelly Banjo. Copy Link. Follow all new stories by Hyonhee ...



ICE Raid Disrupts Construction at LG Energy Plants Across US ...

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... a person familiar with the situation said. LG Energy declined to comment. South Korean Foreign Minister Cho Hyun is visiting Washington, seeking to finalize ...



Lithium Stocks Slump as Chinese Mine Set to Restart Early ...

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told employees in a meeting early Tuesday to prepare for a resumption at the Jianxiawo site and recall front-line workers, said a person with direct knowledge ...



Lithium Stocks Slide as CATL Mine Prepares for Early Restart ...

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... a person with direct knowledge of the matter, who asked not to be identified discussing private information. The person said a new permit had not yet been ...



China Consumer Inflation Dips Below Zero Again as Demand ...

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... a person with direct knowledge of the matter told Bloomberg, underlining the uncertainty around the policy push. China's economy meanwhile began to ...



Activist Investor Elliott Takes Stake in Japan's Kansai Electric ...

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Elliott Investment Management has taken a stake in Japanese regional utility Kansai Electric Power Co., according to a person familiar with the matter, ...



Aramco to Price Second Dollar Bond Sale of 2025 to Fund Projects ...

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The world's largest oil exporter is offering two tranches of dollar-denominated sukuk with five-year and 10-year maturities, a person familiar with the matter ...



Pigments Maker Tronox Weighs Junk-Bond Sale as Results Weaken ...

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... requested anonymity to discuss a private matter. A representative for Goldman Sachs declined to comment, while Tronox did not respond. The manufacturer ...



Rocket Maker Avio May Consider €300 Million Capital Raise ...

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Italian rocket maker Avio SpA may consider a capital increase to strengthen its satellite-launch business, people familiar with the matter said. The company's ...



Societe Generale Names Dogra Americas Consumer and Retail ...

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... asked not to be identified because the information is yet to be made public. The role includes corporate finance, equity capital markets, leveraged lending ...



Phillips 66 Considers Buying US LNG, Hires Staff in New Push ...

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The discussions are preliminary, according to the people, who asked not to be named because the talks were private. In a statement, Phillips 66 said its ...



California Plans to Boost Utility Wildfire Fund by $18 Billion ...

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... asked not to be named because the information is private. The boost will be around $18 billion, according to the people. The agreement would see ratepayers ...



Deutsche Bank Distressed Desk Nets $100 Million on EchoStar Bets ...

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... Charlie Ergen's EchoStar Corp., according to people familiar with the situation, who asked not to be named discussing confidential information.



Tencent Mulls Joining Dim Sum Rush in First Bond Sale Since 2021 ...

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... first public debt offering in four years with a sale of offshore yuan bonds as early as this month, according to people familiar with the matter.



GIC, SoftBank Are Said to Weigh Selling Stake in Fintech VNLife ...

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GIC Pte. and SoftBank Vision Fund are considering selling their stakes in Vietnamese fintech firm VNLife, according to people with knowledge of the matter.



Lazard Said to Hire Two Managing Directors From Bank of America ...

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... asked not to be identified because they weren't authorized to speak publicly. The two executives, who will both be managing directors focused on diversified ...



Altice USA Switches Advisers to Revive Debt-Reshuffle Talks ...

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... asked not to be identified as they're not authorized to speak publicly. Altice USA had been advised by Moelis & Co. and law firm Ropes & Gray. The latter ...



California May Pay Valero Hundreds of Millions to Keep SF Bay ...

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... asked not to be identified discussing private deliberations. The plant is slated to close by April, the latest in a string of recent California fuel-plant ...



CATL Readies to Restart China Lithium Mine Earlier Than Expected ...

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... Jianxiawo lithium mine sooner than previously anticipated and is actively preparing for the restart, according to a person with direct knowledge of the matter.



Meta to Pay $140 Million to Use Black Forest Labs AI for Images ...

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Meta will commit $35 million to Black Forest Labs in the first year and $105 million in the second year, according to a person familiar with the matter.



Stellantis Sells $2 Billion of US Investment-Grade Bonds - Bloomberg

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Jeep maker Stellantis NV sold $2 billion of high-grade bonds in three parts on Tuesday, according to a person familiar with the matter.



JPMorgan Lends $1 Billion for Lachlan Murdoch's Stock Buyouts ...

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JPMorgan Chase & Co. agreed to lend $1 billion to a company controlled by Lachlan Murdoch, according to a person familiar with the matter, ...

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