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Bill Ackman Says X Ban Will Make Brazil an ‘Uninvestable Market’

(Bloomberg) -- Hedge fund billionaire Bill Ackman joined critics of a court order to suspend Elon Musk’s X in Brazil, saying the ruling will...

Kyle Bass Says Blackballing Oil Was Always a Lost Cause for ESG

(Bloomberg) -- One of the most contentious investing strategies on Wall Street might be a lot less beleaguered right now if its defenders had...

Harris Finds Allies in Labor Leaders Despite Questions on Plans

(Bloomberg) -- Kamala Harris is counting on union support to help power her to victory in November. Labor leaders are lining up to oblige,...

Amazon Jungle Fires Spew Toxic Smoke to Brazil’s Largest City

(Bloomberg) -- A curtain of smoke from wildfires in the Amazon rainforest is spreading across Brazil, making its way to Sao Paulo and possibly...

Pimco, GMO Refine EM Playbook as Fed Cuts Set to Shake Up Market

(Bloomberg) -- Top-performing emerging-market bond managers are recalibrating positions as the most anticipated US interest rate cut in decades brings fresh impetus to an...

Arabian Mills’ $271 Million Saudi IPO Sells Out in An Hour

(Bloomberg) -- Arabian Mills for Food Products Co.’s initial public offering in Saudi Arabia was fully covered within an hour of books opening, the...

European Stocks’ Quest to Outshine US Markets Is Fading Quickly

(Bloomberg) -- The promise of European stocks gaining an edge over their US counterparts is fading after a brief spell of outperformance, as concerns...

German Far Right Seen Gaining in Regional Votes: What to Watch

(Bloomberg) -- The eastern German states of Saxony and Thuringia vote Sunday in elections that are expected to see the far-right Alternative for Germany...

Turkish Firms Face ‘Groundswell’ of Problems as 50% Rates Bite

(Bloomberg) -- Turkish companies are struggling under the weight of myriad challenges, hit by a combination of stubbornly high inflation, rising costs, dwindling access...

South Korea’s Export Momentum Picks Up, Boosting Growth Outlook

(Bloomberg) -- South Korea’s export growth returned to a double-digit clip last month, an outcome that bodes well for the economic outlook and reflects...

US Jobs Data Will Help the Fed Gauge the Extent of Its Moderation

(Bloomberg) -- Upcoming readouts on the US labor market, including the monthly payrolls report, will give Federal Reserve policymakers insight into the need for...

Landlords Face a $1.5 Trillion Commercial Real Estate Maturity Wall

(Bloomberg) -- Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year,...

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