Bloomberg Markets :press: 2 years ago

Greece to Boost Climate Disaster Fund With Hospitality Tax Hike Greece plans to double its budget backstop for natural disasters linked to climate change by increasing a levy on accommodations, mostly affecting luxury hotel stays, Prime Minister Kyriakos Mitsotakis said. #press https://www.bloomberg.com/news/articles/2023-09-16/greece-to-boost-climate-disaster-fund-with-hospitality-tax-hike?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Dyson to Invest 11 Billion Pesos in New Philippine Factory Consumer electronics giant Dyson Ltd. plans to invest 11 billion pesos ($194 million) in the Philippines in the next two years, according to a statement from the office of President Ferdinand R. Marcos Jr. #press https://www.bloomberg.com/news/articles/2023-09-16/dyson-to-invest-11-billion-pesos-in-new-philippine-factory?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Flood of Russian Wheat Halves World Prices From Wartime High Russia’s second consecutive bumper wheat harvest is reinforcing its position as the No. 1 exporter, but it’s also easing price pressures stemming from Moscow’s invasion of Ukraine. #press https://www.bloomberg.com/news/articles/2023-09-16/flood-of-russian-wheat-halves-world-prices-from-wartime-high?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Pence Says TikTok Should Be Banned Former Vice President Mike Pence said the US should ban TikTok, calling it a platform that allowed the Chinese government to obtain data on Americans without their knowledge. He speaks on "Balance of Power." (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-09-15/pence-says-tiktok-should-be-banned?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Mexico's Credito Real to File Wind-Down Deal Backed by Holders Credito Real will file as soon as next week a prepackaged insolvency agreement in a Mexican federal court, people familiar with the matter said, in a bid to resolve the collapse of what had been the country’s biggest payroll lender. #press https://www.bloomberg.com/news/articles/2023-09-15/credito-real-to-file-mexico-wind-down-deal-backed-by-holders?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Lumen Creditors Propose Debt Extension, Fresh Cash for Company Advisers to a group of Lumen Technologies Inc. creditors and the telecommunications company have started negotiations for a deal that would give the company fresh cash and push out debt maturities, according to people familiar with the situation. #press https://www.bloomberg.com/news/articles/2023-09-15/lumen-creditors-propose-debt-extension-fresh-cash-for-company?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Morgan Stanley to Keep Some of Its Contentious Preferred Shares Morgan Stanley is keeping hold of some preferred shares that fell through the cracks of the transition away from Libor — the first test of how it will deal with $4.1 billion of the securities. #press https://www.bloomberg.com/news/articles/2023-09-15/morgan-stanley-to-keep-some-of-its-contentious-preferred-shares?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Moody’s Puts Greece a Step Before Investment With Two-Notch Lift Greece’s sovereign-credit rating was raised two notches by Moody’s in a sign that the country’s economy is heading to better days leaving behind the debt crisis of the past decade. #press https://www.bloomberg.com/news/articles/2023-09-15/moody-s-puts-greece-a-step-before-investment-with-two-notch-lift?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Canada Autoworkers’ Strike Deadline Looms Canadian autoworkers are racing “full speed ahead” toward a Monday night deadline in their own talks with Ford Motor Co., even as they prepare for the potential impact of a broader US strike. #press https://www.bloomberg.com/news/articles/2023-09-15/canada-autoworkers-strike-deadline-looms-as-uaw-pickets?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Troubled Shadow Bank Zhongrong Gets Help From China State Giants An embattled Chinese shadow bank has taken a step closer to receiving potential state-led assistance, entering a partnership agreement with two of the nation’s biggest financial firms. #press https://www.bloomberg.com/news/articles/2023-09-15/troubled-shadow-bank-zhongrong-gets-help-from-china-state-giants?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

A $1B Climate Change Investment Rajiv Shah, Rockefeller Foundation President discusses the Rockefeller Foundation's one billion dollar climate change investment. He speaks with David Westin and Romaine Bostick on "Wall Street Week Daily." (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-09-15/a-1b-climate-change-investment-video?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Runup to UAW Strike Slashed Ford, GM Market Values by $20 Billion In the runup to the United Auto Workers strike, shareholders shaved $20 billion off the market values of General Motors Co. and Ford Motor Co., and more pain is looming for the stocks as the walkout creates uncertainty and potentially pushes up wages. #press https://www.bloomberg.com/news/articles/2023-09-15/runup-to-strike-slashed-ford-gm-market-values-by-20-billion?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Hedge Funds Hiked Bullish Oil Bets to 15-Month High on OPEC+ Cuts Hedge funds boosted their bullish wagers on Brent and US crude to a 15-month high as supply cuts from OPEC+ rapidly tighten the oil market. #press https://www.bloomberg.com/news/articles/2023-09-15/hedge-funds-hike-bullish-oil-bets-to-15-month-high-on-opec-cuts?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Bloomberg Markets: Americas 09/15/2023 Alix Steel and Guy Johnson bring you the news you need to know and trends you need to watch as US markets get into the trading day. (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-09-15/bloomberg-markets-americas-09-15-2023-video?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Disney Talks on ABC Sale Heat Up Disney is holding exploratory talks about selling its ABC network and TV stations to local broadcaster Nexstar, according to sources. Bloomberg's Chris Palmeri joins Bloomberg's Caroline Hyde on "Bloomberg Technology." (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-09-15/disney-talks-on-abc-sale-heat-up-video?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Corporate Borrowers Are Giving In to High Rates, Wells Fargo Says Corporate borrowers are giving in to the likelihood that Federal Reserve officials will keep interest rates in the US elevated for a protracted period of time, according to Wells Fargo & Co. #press https://www.bloomberg.com/news/articles/2023-09-15/wells-fargo-says-corporate-borrowers-are-giving-in-to-high-rates?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

VC Spotlight: Bicycle Capital on Latin America Investments Brazil's Mottu raised $50 Million in a Series C round led by QED Investors and Bicycle Capital, the new venture firm by former SoftBank executives Marcelo Claure and Shu Nyatta. Mottu CEO Rubens Zanelatto and Bicycle Capital founder and Managing Partner Shu Nyatta join Bloomberg's Caroline Hyde on... #press https://www.bloomberg.com/news/videos/2023-09-15/bicycle-capital-on-latin-america-investments-video?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Blockchain Firm Figure Withdraws Application for Bank Charter Blockchain firm Figure is the latest fintech company to withdraw its application for a bank charter, a move made after years of waiting answers from US financial regulators. Figure co-founder and former CEO of SoFi Mike Cagney joins Bloomberg's Sonali Basak and Caroline Hyde on "Bloomberg Technology."... #press https://www.bloomberg.com/news/videos/2023-09-15/figure-withdraws-application-for-bank-charter-video?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

BP Ends Its Week of CEO Chaos With Many Unanswered Questions After several days of chaos, BP Plc is ending the week without a permanent leader and with significant doubts over its strategy. #press https://www.bloomberg.com/news/articles/2023-09-15/bp-ends-its-week-of-ceo-chaos-with-many-unanswered-questions?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Lots More With Neil Dutta What to think about the events of this week #press https://www.bloomberg.com/news/articles/2023-09-15/lots-more-with-neil-dutta?utm_source=press.coop