Bloomberg Markets :press:'s avatar
Bloomberg Markets :press:
markets_at_press.coop@mostr.pub
npub1frx6...aq40
Breaking news and analysis on global financial markets ( feed imported by https://press.coop )
Novo Owner’s CEO on Obesity Sales Boom, Catalent Deal Novo Holdings CEO Kasim Kutay discusses the surge in income from obesity drug sales and offers an update on the Catalent deal and insight on the company’s deal strategy. #press
Bloomberg Daybreak Europe: Close to Liftoff 03/12/2024 Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Today's show was... #press
Russia’s Sokol Crude Backlog Clears Slowly as Cargoes Head to China A backlog of cargoes of Russia’s Sokol crude that built up off Singapore and South Korea is slowly clearing, with Russia seeking out new buyers for a grade previously favored by Indian refiners. #press image
StanChart CEO Contender Cooper Set to Leave in Broad Overhaul A frontrunner to replace Standard Chartered Plc Chief Executive Officer Bill Winters is set to depart as the emerging markets lender pushes through a broader management reshuffle to boost returns. #press image
Trading US Inflation Is Muddying Bond Market’s Auction Gameplan Bond traders have plenty on their plates the next couple days, even after they absorb a crucial US inflation reading that stands to shape expectations for Federal Reserve policy for months to come. #press image
Former Sequoia India Firm Launches New Fund for Early Ventures Peak XV Partners, formerly part of Sequoia Capital, is creating a new fund that will take stakes in global seed and early venture funds, and make other investments that fall outside the purview of its existing portfolios. #press image
China Vanke in Debt Swap Talks With Banks to Stave Off Default China Vanke Co. is in talks with banks on a debt swap that would help the cash-strapped developer stave off its first-ever bond default, according to people familiar with the matter. #press image
BOJ’s Absence in ETFs Seen as Step to Healthier Stock Market The Bank of Japan’s surprise lack of exchange-traded fund buying on Monday despite a drop in shares is spurring speculation the bank will stop purchasing ETFs, to try to make the nation’s stock market healthier by boosting liquidity for traders and reducing price distortion. #press image
BofA Strategists Boost S&P 500 Profit Forecast to Join Top Bulls The S&P 500 will deliver stronger-than-expected earnings in 2024, powered by resilient economic growth and artificial intelligence breakthroughs, according to Bank of America Corp. strategists, who are now among Wall Street’s most bullish profit forecasters. #press image
<strong> </strong>Porsche’s New Macan and 911 Put a Damper on Profitability Porsche AG expects weaker returns this year due to the costly rollout of new models and high development spending in a challenging global economy. #press image
Czech Central Bank Should Avoid ‘Jumbo’ Cuts, Policymaker Says A senior Czech central banker sought to douse speculation over accelerated monetary easing, saying policymakers should cut interest rates at a steady pace to stem any return in inflation. #press image
ECB Official’s Climate Comments Draw Rebuke From Staff Committee European Central Bank staff said they were “shocked” by remarks by one of the institution’s top officials on how to approach climate change, urging President Christine Lagarde and her colleagues to rethink their leadership style. #press image
Generational Opportunity in Commercial Real Estate Nadeem Meghji, Blackstone Global Co-Head of Real Estate is seeing a generational buying opportunity in commercial real estate as demand grows for data centers and warehouses. He also announces a key milestone for Blackstone's BREIT. (Source: Bloomberg) #press image
PC Maker Raspberry Pi Picks Banks for IPO, Choosing London Over New York Personal computer maker Raspberry Pi appointed bankers at Peel Hunt and Jefferies to prepare a London initial public offering, a listing that would be a win for the UK capital after an exodus of companies to the US. #press image
Bitcoin Hits $49,000 as US ETF Trading Starts Bitcoin pared gains after hitting $49,000, with trading commencing for the first US exchange-traded funds that invest directly in the cryptocurrency. James Seyffart of Bloomberg Intelligence and Bloomberg's Emily Graffeo discuss. (Source: Bloomberg) #press image