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Reeves Says She Was Wrong About UK Tax Needs Before Election

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(Bloomberg) -- Chancellor of the Exchequer Rachel Reeves said she was wrong to tell British voters before the election that...
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Middle East’s Top Broadcaster Jumps 10% as Saudi PIF Buys Stake

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(Bloomberg) -- The Middle East’s biggest broadcaster surged as much as 10% in Saudi Arabia after the kingdom’s sovereign wealth...
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Fed and Peers Will Go Ahead With Rate Cuts After This Week’s US Election

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(Bloomberg) -- The Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a...
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German Banks Start to Cut US Office Loan Exposure That Caused Bond Turmoil: Credit Weekly

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(Bloomberg) -- German banks are cutting legacy US office loan exposure after concerns about commercial real estate losses led to...
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Berkshire Hathaway’s Cash Pile Reaches Record $325.2 Billion

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(Bloomberg) -- Berkshire Hathaway Inc.’s cash pile reached $325.2 billion in the third quarter, a record for the conglomerate, as...
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Tech Earnings Fail to Fire Up Traders With Sky-High Expectations

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(Bloomberg) -- Investors had hoped earnings from five of the world’s biggest companies would shake the stocks out of a...
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How One of the Tiniest Oil Markets Cost Trafigura Over $1 Billion

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(Bloomberg) -- Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs of...
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Charting the Global Economy: US Job Growth Tanks Ahead of Election, Fed Meeting

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(Bloomberg) -- US hiring in October was the weakest since 2020, reflecting the impact of severe hurricanes and a strike...
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Marc Lasry’s Avenue Capital Seeking a Buyer for Impact Fund

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(Bloomberg) -- Avenue Capital Group is seeking a buyer for its impact investing business after one of the biggest US...
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Reeves Faces Market Wobbles and UK Ministers Still Wanting More

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(Bloomberg) -- Amid the selloff in UK bonds this week triggered by Chancellor of the Exchequer Rachel Reeves’ budget plan...
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Disgraced Three Arrows Founder’s Wife Sells $38 Million Singapore Mansion

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(Bloomberg) -- The wife of Zhu Su, the co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, has managed to...
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Boeing Bankers Grab Up to $300 Million in Capital Raise Fees

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(Bloomberg) -- Boeing Co.’s $20 billion-plus capital raise delivered four banks a hefty payday just as equity market issuance began...
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