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Rio Takes Step Toward M&A Redemption With $6.7 Billion Lithium Bet

(Bloomberg) -- A little over a decade ago, Rio Tinto Group was reeling from the impact of disastrous investments. First, the bruising top-of-the-market purchase...

Florida Aims to Restore Power to Many by Early Next Week

(Bloomberg) -- Florida’s two biggest utilities said the majority of their customers who lost power from Hurricane Milton will have it restored by early...

Trump Adviser Bessent Slams Fed Over September Half-Point Cut

(Bloomberg) -- A top economic adviser to Donald Trump said the Federal Reserve exercised bad judgment by cutting interest rates close to the presidential...

TD Bank Shares Drop Again as Investors Weigh Long-Term Costs of Asset Cap

(Bloomberg) -- Shares of Toronto-Dominion Bank dropped again on Friday, bringing their two-day decline to almost 10%, after the lender agreed to stiff penalties...

France Credit Rating Cut to Negative by Fitch on Wider Deficits

(Bloomberg) -- Fitch Ratings put France on negative outlook a day after the government presented its 2025 budget, delivering a rapid critique of Prime...

Japan Group of Atomic Bomb Survivors Gets Nobel Peace Prize

(Bloomberg) -- A Japanese group of atomic bomb survivors was awarded the Nobel Peace Prize for their efforts to ban such weapons at a...

UK Economy Saw Return to Growth Before Budget Jitters Took Hold

(Bloomberg) -- The UK economy returned to growth in August, putting Prime Minister Keir Starmer on track for a modest recovery before worries about...

Chennai Petroleum in Talks to Raise $3.3 Billion for Refinery

(Bloomberg) -- Chennai Petroleum Corporation Ltd. is in talks with banks to raise a 280 billion rupee ($3.3 billion) loan to help build a...

Japan’s Finance Ministry to Suspend Nomura From Debt Auctions

(Bloomberg) -- Japan’s Ministry of Finance plans to temporarily exclude Nomura Holdings Inc. from taking part in government debt auctions after the firm admitted...

Bank of Korea Pivots With Hawkish Rate Cut as Real Estate Cools

(Bloomberg) -- The Bank of Korea cut its benchmark interest rate after local property markets showed signs of cooling and inflationary pressure eased sharply,...

Seven & i to Split Into Two to Fend Off Couche-Tard Takeover

(Bloomberg) -- Seven & i Holdings Co. is embarking on its biggest-ever overhaul, betting that a bold breakup will help fend off an unsolicited...

ESPN’s Stephen A. Smith Picks Sports Like Stocks, Shorting Golf

(Bloomberg) -- Asked to rank sports like stocks, ESPN anchor Stephen A. Smith said he’d buy baseball and women’s basketball, but sell golf and...

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