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China Bulls Getting Tired of Waiting for Elusive Stock Recovery

(Bloomberg) -- Weakness in Chinese equities is eroding the confidence of some of Wall Street’s staunchest supporters, with hopes for a turnaround fading in...

Carlyle-Backed StandardAero Files for IPO Showing a Profit

(Bloomberg) -- Aircraft maintenance services provider StandardAero Inc., which was bought by Carlyle Group Inc. in 2019, filed for an initial public offering as...

Palantir, Dell Among New S&P 500 Members as Index Rebalances

(Bloomberg) — Palantir Technologies Inc. (PLTR), Dell Technologies Inc (DELL). and Erie Indemnity Co. (ERIE) are set to join the S&P 500 as part...

Permira, H&F-backed Genesys Is Said to Tap Banks for 2025 IPO

(Bloomberg) -- Genesys Cloud Services Inc. has selected underwriters as the AI-powered customer engagement software provider seeks to revive its plans for an initial...

Republic Wants to Let Fans Finance Film and TV Productions

(Bloomberg) -- Republic, an investing platform that has raised $3 billion for companies spanning technology, real estate, gaming, sports and crypto, is now turning...

Biden Aides Working on Proposal for US Sovereign Wealth Fund

(Bloomberg) -- Top aides to President Joe Biden have been crafting a proposal to create a sovereign wealth fund that would allow the US...

Gavin Newsom Vetoes Home-Loan Bill for Undocumented Immigrants

(Bloomberg) -- California Governor Gavin Newsom vetoed a bill that would have made undocumented immigrants eligible for state-backed home loans, rejecting a measure that...

Canada Jobless Rate Jumps to Highest Since 2017 Outside Covid

(Bloomberg) -- Canada’s unemployment rate jumped by more than expected, raising questions about whether the labor market is loosening at a pace that would...

Egypt Seeks Rare LNG Cargoes for Winter, Squeezing Supply

(Bloomberg) -- Egypt is seeking winter cargoes of liquefied natural gas for the first time in years, highlighting a deepening energy shortage that will...

Yen Watchers on Alert for Test of August High on US Payrolls

(Bloomberg) -- Currency strategists see a strong chance of the yen testing its August high versus the dollar later Friday if payrolls data boost...

Seven & I Rejects Couche-Tard’s Takeover Proposal as Too Low

(Bloomberg) -- Seven & i Holdings Co. rejected a $39 billion takeover proposal from Alimentation Couche-Tard Inc. as too low and fraught with regulatory...

China Should Explain ‘Enormous’ Data Gaps, US Ex-Official Says

(Bloomberg) -- China should explain widening discrepancies in its balance of payments data that are obscuring growing global imbalances, a top US economist said.Most...

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