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Todd Boehly Sets Up $74 Billion Asset and Insurance Manager

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(Bloomberg) -- Todd Boehly’s Eldridge Industries said it will launch a $74 billion asset manager and insurance company, capitalizing on...
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BOK’s Rhee Dismisses Chance of Rate Cut After Yoon’s Shock Move

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(Bloomberg) -- Bank of Korea Governor Rhee Chang-yong said it is unlikely the central bank will cut interest rates as...
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Dollar Gains as French Budget Woes Blight Euro: Markets Wrap

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(Bloomberg) -- The dollar pushed higher on Monday amid weakness in the euro and yen, as traders digested political tensions...
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India’s Growth Shocker Seen Adding to Troubles for Stock Market

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(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing....
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Siemens Shares Hit Record as Data Center Boom Drives Orders

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(Bloomberg) -- Siemens AG’s shares rose to a record after the company said the boom in power hungry data centers...
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Foreign Firms Pull More Money From China’s Slowing Economy

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(Bloomberg) -- Foreign companies pulled more money from China last quarter, a sign that some investors are still pessimistic even...
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Bank of America CEO Urges Fed to Not Go Too Hard on Rates

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(Bloomberg) -- Bank of America Corp. Chief Executive Officer Brian Moynihan has urged Federal Reserve policymakers to be measured in...
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‘The Black Swan’ author is really afraid of what’s happening to the U.S. dollar

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Nassim Taleb, who wrote the book The Black Swan about unpredictable events, is worried about the role of the U.S. dollar in global finance.It...
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Stocks Edge Lower Ahead of Key US Inflation Data: Markets Wrap

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(Bloomberg) -- Stocks retreated Thursday and bond yields inched higher, ahead of US inflation data that could show whether the Federal Reserve will opt...
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An Israel-Iran war of attrition will be the new reality for a long time, scholar says

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As Israel weighs how to retaliate against Iran's most recent barrage of missiles, the conflict looks like it will persist as the new normal,...
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Goldman, BlackRock Warn Europe’s Stock Rally Faces Tough Hurdles

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(Bloomberg) -- European stocks face a series of hurdles to extend their 2024 rally after hitting another record high this week.Most Read from BloombergMoney...
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Stocks Rise for Fourth Month on US Easing Hopes: Markets Wrap

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(Bloomberg) -- Global stocks are closing in on a fourth month of gains, lifted by hopes of a soft landing for the US economy...

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