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Bending Spoons to Buy Vimeo in $1.38 Billion All-Cash Deal

Vimeo, the online video platform that has struggled to compete against the likes of YouTube and TikTok, agreed to a $1.38 billion, all-cash takeove...

Posted into Bloomberg @npub1z0ca...flnl

Bloomberg 3 months ago

Fighting Talk from Von Der Leyen as Tensions Soar

Bloomberg.com

Fighting Talk from Von Der Leyen as Tensions Soar

Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make s...

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Bloomberg 3 months ago

US Producer Prices Unexpectedly Decline in August

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Bloomberg 3 months ago

Amazon’s Zoox to Launch Robotaxi Rides to Public in Las Vegas

Bloomberg.com

Amazon’s Zoox to Launch Robotaxi Rides to Public in Las Vegas

Amazon.com Inc.’s autonomous driving unit Zoox has started offering rides to the public in Las Vegas, marking a first in the US for a purpose-bui...

Posted into Bloomberg @npub1z0ca...flnl

Bloomberg 3 months ago

Tokenization Could Change Everything in Capital Markets, Says Tenev

Robinhood CEO Vlad Tenev talks about how tokenization could radically change capital markets. Tenev spoke with Carlyle Co-Founder & Co-Chairman Dav...

Posted into Bloomberg Television @npub17dl9...2ar7

Bloomberg 3 months ago

US Sees Eighth Straight Drop in Car Trips by Canadians in August

Bloomberg.com

US Sees Eighth Straight Drop in Car Trips by Canadians in August

Canadians showed their commitment to boycotting the US with an eighth straight year-over-year decline in American road trips last month.

Posted into Economics @npub10czv...r33v

Bloomberg 3 months ago

A $3 Billion Error Draws Apology From South Africa Energy Agency

Bloomberg.com

A $3 Billion Error Draws Apology From South Africa Energy Agency

South Africa’s energy regulator apologized for a 54 billion-rand ($3.1 billion) error in calculating electricity tariffs, a mistake that will be ...

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Bloomberg 3 months ago

Nebius Plans to Raise $3 Billion to Expand After Microsoft Deal

Bloomberg.com

Nebius to Raise $3 Billion for Growth After Microsoft Deal

Nebius Group NV plans to raise $3 billion in convertible notes and equity to help it expand in the wake of a major deal to provide artificial intel...

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Bloomberg 3 months ago

Treasuries Jump as Wholesale Inflation Unexpectedly Declines

Bloomberg.com

Treasuries Jump as Wholesale Inflation Unexpectedly Declines

Treasuries rose, led by short-dated notes, after a reading on wholesale inflation came in weaker than expected, cementing bets that the Federal Res...

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Bloomberg 3 months ago

Russia’s Crude Flows Jump to Three-Month High on Black Sea Surge

Bloomberg.com

Russia’s Crude Flows Jump to Three-Month High on Black Sea Surge

Higher shipments were driven by larger volumes from the port of Novorossiysk

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Bloomberg 3 months ago

US Producer Prices Unexpectedly Drop, First Decline Since April

Bloomberg.com

US Producer Prices Unexpectedly Drop, First Decline Since April

US wholesale inflation unexpectedly declined in August for the first time in four months, adding to the case for the Federal Reserve to cut interes...

Posted into Economics @npub10czv...r33v

Bloomberg 3 months ago

Old Mutual’s New Boss Is On a ‘Mission’ to Restore Market Share

Bloomberg.com

Old Mutual’s New Boss Is On a ‘Mission’ to Restore Market Share

Jurie Strydom, the new chief executive office of Old Mutual Ltd, Africa’s largest insurer by assets, wants to leverage its scale to win back mark...

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Bloomberg 3 months ago

Schlegel Says SNB Won’t Hesitate to Cut Rate Again If Needed

Bloomberg.com

Schlegel Says SNB Won’t Hesitate to Cut Rate Again If Needed

The Swiss National Bank won’t shirk from cutting borrowing costs below zero if such a move is really called for, President Martin Schlegel said.

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Bloomberg 3 months ago

Gunvor Signs 20-Year Supply Contract With Texas LNG

Bloomberg.com

Gunvor Signs 20-Year Supply Contract With Texas LNG

Gunvor Group signed a 20-year deal to buy liquefied natural gas from Texas LNG Brownsville LLC, according to a statement from the US developer.

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Bloomberg 3 months ago

Starmer’s Judgment Questioned Over Mandelson’s Epstein Links

Bloomberg.com

Starmer’s Judgment Questioned Over Mandelson’s Epstein Links

Prime Minister Keir Starmer faced cross-party questioning over the relationship between UK Ambassador to the US Peter Mandelson and disgraced finan...

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Bloomberg 3 months ago

Futures Rise as

Futures Rise as - Bloomberg

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global busine...

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Bloomberg 3 months ago

What’s Behind the Deadly Riots That Brought Down Nepal’s Prime Minister?

Bloomberg.com

What’s Behind the Deadly Riots That Brought Down Nepal’s Prime Minister?

The Himalayan nation of Nepal is experiencing its biggest political crisis since a decade-long civil war ended in 2006. Protesters set government b...

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Bloomberg 3 months ago

Blackstone Buys Luxury Miami Hotel From Trinity, Certares

Bloomberg.com

Blackstone Buys Luxury Miami Hotel From Trinity, Certares

Blackstone Inc. is acquiring the East Miami hotel from a joint venture between Trinity Investments and Certares Real Estate Management, adding to r...

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Bloomberg 3 months ago

Harris Says It Was Reckless for Democrats to Defer to Biden on Running Again

Bloomberg.com

Harris Says It Was Reckless for Democrats to Defer to Biden on Running Again

Former Vice President Kamala Harris said it was “recklessness” that led top Democrats to defer to then-President Joe Biden on whether he should...

Posted into Politics @npub1c49e...f0ty

Bloomberg 3 months ago

Reinsurers in Monaco Place Their Climate Bets

Bloomberg.com

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...

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