Bloomberg

KPMG Cuts 195 US Audit Jobs in Latest Round of Layoffs - Bloomberg

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Employees learned earlier this week of the layoffs that hit just over 2% of KPMG's US audit workforce, according to a person familiar with the company's ...



Taco Bell Franchisee Secures $120 Million in Tough Loan Market ...

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A Taco Bell franchisee priced a $120 million leveraged loan on Wednesday at a cheaper cost than expected, according to a person familiar with the matter, ...



Indian Rupee Roars Back From Brink of Record Low on US Trade ...

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... declined to be identified discussing private matters. The rupee, which had been teetering near record lows just a day earlier, staged its biggest intraday ...



Republican to Pressure Trump to Reverse Some Treasury Job Cuts ...

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... a person familiar with the matter said. The CDFI Fund employees were part of a purge of roughly 4,100 federal workers that the White House laid off amid the ...



NBC News Eliminates 150 Jobs Before Cable Networks Spinoff ...

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... a person familiar with the matter. The parent of NBCUniversal, Comcast said in 2024 it planned to divest CNBC, MSNBC, USA Network and other cable channels ...



The Breakneck Rise of Iron Ore Market Powerhouse Radiant World ...

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Trafigura handles between 30 and 50 million tons a year, according to a person close to the company. “Radiant benefited from its India origin as iron ore ...



NYC Mayor Eric Adams Says He's Received 'Amazing' Job Offer ...

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Adams made the comments in a meeting with over 200 participants from across city government, said the person, who asked not to be named without authorization to ...



China Port Fees Jack-Up Oil Tanker Costs and Cause Market Chaos ...

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... asked not to be named due to the sensitivity of the issue. Some companies with more than 25% American ownership have started to remove China and Hong Kong ...



Turkey Mulls New Central Bankers as Akcay's Departure on Table ...

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Central bank Deputy Governor Cevdet Akcay's term will end in April, people briefed on the matter said, with an extension seen as unlikely. Akcay will turn ...



Turkey Mulls New Central Bankers With Akcay Future Uncertain ...

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Central Bank Deputy Governor Cevdet Akcay's term will end in April, people briefed on the matter said, with an extension seen as unlikely. Akcay will turn ...



China Accessed Classified UK Systems for a Decade, Officials Say ...

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Chinese hackers accessed classified UK computer systems for more than a decade, people familiar with the matter said, as the British government published ...



Standard Bank Is Said to Be in Talk to Acquire Kenya's NCBA ...

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... asked not to be identified as the information is still private. Chief executive officers from the two Kenyan banks - Joshua Oigara at Stanbic and John ...



Goldman Kicks Off Post-Earnings Bond Sales with Five-Part Deal ...

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Proceeds from the Goldman offering will be used for general corporate purposes, said the person, who asked not to be identified as the details are private.



India Plans New Transport Authority to Fix Infrastructure Flaws ...

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... asked not to be identified citing rules. The Cabinet clearance for the proposal may take three to six months, they said. The world's most-populous nation is ...



Standard Bank Is in Talks to Acquire Kenya's NCBA Group ...

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... asked not to be identified as the information is still private. Chief executive officers from the two Kenyan banks — Joshua Oigara at Stanbic and John ...



India, EU Close to Resolving Clearing House Oversight Dispute ...

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... with the European Securities and Markets Authority over regulatory oversight of local clearing agencies, according to a person familiar with the matter.



Gaza Truce Brings Relief, But Arab States Fear What Comes Next ...

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... requested anonymity discussing sensitive matters. Read More: Trump Basks in Mideast Spotlight With Harder Part to Come. “Arab and Muslim states, especially ...



Brazil Lines Up Global Pledge on Quadrupling Clean Fuel at COP30 ...

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6-7 and is currently drawing up a list of potential signatories, according to people familiar with the matter, who requested anonymity to discuss private ...



CEPU Signs MoU to Help Power OpenAI-Backed Argentine Data ...

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CEPU would likely provide the power from a hydroelectric dam, according to a person familiar with the matter who asked not to be identified discussing non ...



Italy Seeks €5 Billion Contribution From Banks to Budget - Bloomberg

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... people familiar with the matter
people familiar with the matter. Italian officials are discussing a range of measures that would allow Rome to secure ...



Saudi PIF-Backed Salic to Pursue Full Ownership of Olam Unit ...

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... people familiar with the matter
people familiar with the matter. The Public Investment Fund-backed firm intends to start talks as soon ...



AI Image Generator Black Forest in Talks for $3.3 Billion Value ...

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... asked not to be identified discussing private information. The terms of the deal are not final and the details could still change, they added. Black Forest ...



Bank of America Plans SRT on $3 Billion of Private Markets Loans ...

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The portfolio underlying the potential transaction consists of so-called subscription lines, said the people, who asked not to be identified because the deal is ...



France's Banks, Insurers Offer Debt After Macron Appoints Cabinet ...

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... asked not to be identified. The flurry of sales follows President Emmanuel Macron announcing a new cabinet on Sunday, including reappointing prime minister ...



Goldman Sachs, BofA Lead €1.215 Billion Verisure Loan After IPO ...

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... asked not to be identified because the deal is private. The banks plan to reprice and extend the remainder of that debt as early as next week, they said ...



Trump Invites All Colleges to Join Compact After MIT's Rejection ...

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... asked not to be identified discussing internal policies. BloombergEquality +Politics · Germany's €1.3 Trillion Burden Is Becoming Battleground for Merz ...



Dubai Neighbor Sharjah Seeks Debut Yuan Loan as China Ties Grow

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The five-year loan, which is for general corporate purposes, could be signed as early as this month, the people said, who asked not to be identified discussing ...



China's Wingtech Dives 10% After Dutch Take Control of Nexperia ...

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... according to a person familiar with the matter, who asked not to be identified because the information is not public. A spokesperson for the ministry ...



Blackstone Swaps £1 Billion Portfolio for 9% Tritax Stake - Bloomberg

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... according to a person familiar with the matter. This fund announced its final close in 2020 with €9.8 billion ($11.4 billion) worth of capital commitments ...



Sarkozy Set to Become France's First Ever Jailed Ex-President ...

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21, according to BFM TV, which added that the former president would be held in the Paris prison of La Santé. The date was confirmed by a person familiar with ...



Codelco Buys Into Friedland's I-Pulse to Rein in Mine Costs ...

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The arrangement includes Codelco paying about $50 million, said people briefed on the matter. I-Pulse uses surges of electricity known as pulsed power in ...



UK Ministers Question Starmer's China Policy Amid Spying Row ...

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If the government approves the new embassy, it risks drawing further criticism that it is soft on China and angering the Trump administration, a person close to ...



UK Ministers Criticize Starmer's China Policy Amid Spying Row ...

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... according to a person familiar with the matter. New Home Secretary Shabana Mahmood is known to hold a long-standing hawkish position on China. If the ...



First Brands' Elusive CEO Weighs Stepping Down as Pain Grows ...

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Ed James, Patrick James' younger brother, has already stepped down from his senior role at First Brands, according to a person familiar with the matter. The ...



Ukraine Claims Strike on Oil Refinery Complex in Russia's Ufa ...

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... a crude oil processing unit at a Bashneft refinery in Ufa, Bashkortostan, with drones early Saturday, according to a person familiar with the matter.



US Geothermal Companies Are Spending Big on Federal Land ...

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Of the 192 signatories, 154 chose to remain anonymous. The probe is unfolding as FEMA faces the final months of hurricane season, which could still whip up ...



Telefonica Chile Confirms Parent Company Is Selling Unit ...

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WOM may also make an offer for parts of Telefonica Chile, according to a person familiar with the matter. Read: America Movil, Entel in Talks to Explore ...



Taiwan's Lai Unveils Plan for 'T-Dome' Air Defense System ...

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The US is monitoring whether Beijing will use the comments as a pretext for actions such as military drills, said the person, who declined to be named ...



Tokenization Firm Securitize Said to Be in Talks With Cantor SPAC ...

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A merger with Cantor Equity Partners II Inc. would value Securitize at over $1 billion, according to people with knowledge of the matter. Securitize has raised ...



Dubai Real Estate: Classifieds Firm Dubizzle Plans IPO Amid ...

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The firm is planning roadshows as soon as Monday, according to people familiar with the matter, who requested anonymity to discuss private information. The ...



HSBC's $14 Billion Take Private Bid To Reboot Hang Seng ...

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... people with direct knowledge of the matter identified as First Brands. While most of Yieldstreet's offerings were only available to accredited investors ...



Morgan Stanley Plans SRT Tied to $6 Billion Private Market Loans ...

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... people familiar with the matter
people familiar with the matter. The potential size of the SRT could be about $750 million, equivalent to around 12.5 ...



English Football's Best Team Is Stevenage, Not Arsenal - Bloomberg

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ECA executives discussed the signage before the event, according to a person familiar with the matter. They even joked that FIFA president Gianni Infantino ...



Government Shutdown: White House's Vought Says Federal Worker ...

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A person familiar with the matter described them as substantial. Trump's Budget Director Says He's Not Running DOGE - But He Is Cutting Waste. Russell Vought ...



US Approves Several Billion Dollars of Nvidia (NVDA) AI Chip Sales ...

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... requested anonymity so they could discuss a sensitive issue. That approval came after the UAE made concrete plans for a reciprocal amount of investment on ...



First National Financial Prepares C$600 Million Bond Sale ...

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... million ($428 million) in bonds next week as it moves closer to being bought out by private equity investors, according to people with knowledge of the matter.



Egypt Asks LNG Suppliers to Delay Shipments Through Year-End ...

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... with knowledge of the matter. The cargoes will be rescheduled for delivery in the first quarter of 2026, said the people, who asked not to be identified ...



Aramco Delays Chemical Expansion Plans on Weak Oil, Asia Focus ...

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... asked not to be named because the information isn't public. The deferrals are aimed at spreading out spending at a time of low oil prices and other more ...



Warner Music In Talks With Netflix for Films About Its Stars ...

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The company is now looking to outsource that work, said the people, who asked not to be named discussing information that's not public. Video Player is ...



Who Will Run Gaza If the Trump-Backed Israel-Hamas Ceasefire ...

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“Hamas is under internal pressure,” said one Gazan aid worker at the site, who asked not to be named because he feared he'd be singled out for retribution ...

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