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Reinsurers in Monaco Place Their Climate Bets

Today’s newsletter takes a closer look at reinsurers, an industry that exists to help primary insurers cope with losses when disaster hits. As we...

Posted into Weather @npub1uwnf...mfms

Bloomberg 3 months ago

Sweden Seeks to Cut Age of Criminal Responsibility to 13

Bloomberg.com

Sweden Seeks to Cut Age of Criminal Responsibility to 13

The Swedish government, facing an election next year, wants to hold children as young as 13 responsible for serious crimes in its latest push to cr...

Posted into Politics @npub1c49e...f0ty

Bloomberg 3 months ago

Rheinmetall CEO Backs Profit Goals With No End of War in Sight

Bloomberg.com

Rheinmetall CEO Backs Profit Goals With No End of War in Sight

Rheinmetall AG Chief Executive Officer Armin Papperger said he’s confident about achieving ambitious 2030 targets for profitability and revenue, ...

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Bloomberg 3 months ago

Bloomberg Wealth: Vlad Tenev

Robinhood Co-Founder and CEO Vlad Tenev joins David Rubenstein for this week

Posted into Bloomberg Television @npub17dl9...2ar7

Bloomberg 3 months ago

Bain to Sell China Data Centers to HEC-Group in $4 Billion Deal

Bloomberg.com

Bain to Sell China Data Centers to HEC-Group in $4 Billion Deal

Bain Capital agreed to sell its data centers in China to Shenzhen Dongyangguang Industry Co. in a transaction valued at about $4 billion.

Posted into Bloomberg @npub1z0ca...flnl

Bloomberg 3 months ago

Goldwind Plans to Spend $2.7 Billion on Inner Mongolia Project

Bloomberg.com

Goldwind Plans to Spend $2.7 Billion on Inner Mongolia Project

Goldwind Science & Technology Co., the world’s largest wind-turbine maker, plans to invest about 18.9 billion yuan ($2.7 billion) on a wind p...

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Bloomberg 3 months ago

‘Block Everything’ Protesters Cause Disruption in Paris

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Bloomberg 3 months ago

Brazil Judges Near Historic Verdict in Bolsonaro Coup Trial

Bloomberg.com

Brazil Judges Near Historic Verdict in Bolsonaro Coup Trial

Brazil Supreme Court Justice Luiz Fux voted against the conviction of Jair Bolsonaro on coup attempt charges Wednesday, the first member of the pan...

Posted into Bloomberg @npub1z0ca...flnl

Bloomberg 3 months ago

Fifth Third CEO Says $200 Million Loan Fraud Is ‘One-Off’ Issue

Bloomberg.com

Fifth Third CEO Says $200 Million Loan Fraud Is ‘One-Off’ Issue

Fifth Third Bancorp, which said it was the victim of fraud on a loan with a $200 million balance, believes the situation was an isolated incident i...

Posted into Business @npub1x3mm...u75f

Bloomberg 3 months ago

German Lawmakers Approve €1 Billion Purchase of Israeli Drones

Bloomberg.com

German Lawmakers Approve €1 Billion Purchase of Israeli Drones

German lawmakers gave their formal approval for the government’s planned purchase of three additional Heron surveillance drones from Israel in a ...

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Bloomberg 3 months ago

Trade War Benefits African Consumers, Jumia CEO Says

Jumia CEO Francis Dufay says President Donald Trump

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Bloomberg 3 months ago

Brazilian Inflation Cools Off With Rate Cuts Still Months Away

Bloomberg.com

Brazilian Inflation Cools Off With Rate Cuts Still Months Away

Brazil’s monthly inflation rate declined in August, falling on lower electricity and food costs that served as a relief to price weary shoppers b...

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Bloomberg 3 months ago

CATL Modifies Hungary Battery Factory After EV Demand Shift

Bloomberg.com

CATL Modifies Hungary Battery Factory After EV Demand Shift

Contemporary Amperex Technology Co. Ltd. is tweaking its €7.3 billion ($8.5 billion) Hungary factory to produce several types of batteries as the...

Posted into Emerging Markets @npub1nwf8...kfn3

Bloomberg 3 months ago

Brighthouse Buyout Comes Down to One Bidder and Plenty of Doubts

Bloomberg.com

Brighthouse Buyout Comes Down to One Bidder and Plenty of Doubts

Back in January when news broke that Brighthouse Financial Inc. was seeking to sell itself, investors cheered and almost immediately bid up shares ...

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Bloomberg 3 months ago

Uber Will Add Joby’s Blade Helicopter Trips to Its Ride-Hail App

Bloomberg.com

Uber Will Add Joby’s Blade Helicopter Trips to Its Ride-Hail App

Uber Technologies Inc. customers will be able to book Blade’s helicopter and seaplane services directly within the Uber app as early as next year...

Posted into Emerging Markets @npub1nwf8...kfn3

Bloomberg 3 months ago

Nvidia Backs PsiQuantum in $1 Billion Round at $7 Billion Value

Bloomberg.com

Nvidia Backs PsiQuantum in $1 Billion Round at $7 Billion Value

The quantum computing startup PsiQuantum Corp. raised $1 billion from investors including Nvidia Corp., Qatar Investment Authority and Macquarie Ca...

Posted into Emerging Markets @npub1nwf8...kfn3

Bloomberg 3 months ago

Credit Crunch: France, Tariffs, Fed, UK: Credit Always Resilient

Credit Crunch: France, Tariffs, Fed, UK: Credit Always Resilient - Bloomberg

Bloomberg Intelligence's weekly podcast on fixed income, credit, currencies, and commodities.

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Bloomberg 3 months ago

Lyft Launches Autonomous Rides in Atlanta With Safety Drivers

Bloomberg.com

Lyft Launches Autonomous Rides in Atlanta With Safety Drivers

Lyft Inc. is piloting autonomous rides in Atlanta with a safety driver on board, a long-planned launch meant to help it better compete against Waym...

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Bloomberg 3 months ago

Apollo’s Zelter Sees ‘Lingering Inflation’ in US Economy

Jim Zelter, president at Apollo Global Management, says the US economy has “legacy inflation issues” and that companies are having a challengin...

Posted into Bloomberg Television @npub17dl9...2ar7

Bloomberg 3 months ago

SNB Will Provide ‘Summary’ to Lift Veil on Its Rate Meetings

Bloomberg.com

SNB Will Provide ‘Summary’ to Lift Veil on Its Rate Meetings

The Swiss National Bank plans to release a so-called summary of monetary discussions in what may become a communication revolution for an instituti...

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