Bullrich Adviser Says Dollar, Peso Will Coexist in Argentina Argentina’s Patricia Bullrich would pursue a currency regime where the peso and dollar exist together as legal tender if she wins the presidency, according to her chief economic adviser Carlos Melconian. #press

Bloomberg.com

Bullrich Adviser Says Dollar, Peso Will Coexist in Argentina

Argentina’s Patricia Bullrich would pursue a currency regime where the peso and dollar exist together as legal tender if she wins the presidency,...

PAI Weighs €4 Billion Sale of Facilities Manager Apleona PAI Partners is exploring a sale of Apleona Group GmbH that could value the German facilities manager at about €4 billion ($4.3 billion), people with knowledge of the matter said. #press

Bloomberg.com

PAI Weighs €4 Billion Sale of Facilities Manager Apleona

PAI Partners is exploring a sale of Apleona Group GmbH that could value the German facilities manager at about €4 billion ($4.3 billion), people ...

EU Must Choose Between Cheaper Power or Protecting Wind Industry Europe will have to decide whether it wants to reduce electricity prices or protect its wind-turbine manufacturers from low-cost Chinese competitors, said the boss of TotalEnergies SE. #press

Bloomberg.com

EU Must Choose Between Cheaper Power or Protecting Wind Industry

Europe will have to decide whether it wants to reduce electricity prices or protect its wind-turbine manufacturers from low-cost Chinese competitor...

Brazil Central Bank Says Bigger Interest Rate Cuts Are Unlikely Brazil’s central bank poured cold water over bets on a faster pace of interest rate cuts and cited a number of factors that could determine the length of the monetary easing cycle, including long-term inflation expectations which remain above target. #press

Bloomberg.com

Above-Goal Inflation Crushes Brazil Hopes for Bigger Rate Cuts

Brazil’s central bank poured cold water on expectations of bigger interest rate cuts, emphasizing risks to the monetary easing cycle it kicked of...

SBB Will Only Use Half of $720 Million Cash for Debt, S&P Says SBB, the landlord at the center of Sweden’s property crisis, will deploy roughly half of a cash lifeline to repay upcoming debt maturities, according to comments by rating firm Standard & Poor’s. #press

Bloomberg.com

SBB Will Only Use Half of $720 Million Cash for Debt, S&P Says

SBB, the landlord at the center of Sweden’s property crisis, will deploy roughly half of a cash lifeline to repay upcoming debt maturities, accor...

Ex-Deutsche Duo Team Up to Launch Distressed Debt Hedge Fund Distressed debt specialist Michael Sutton is teaming up with a former Deutsche Bank AG colleague for one of the biggest European hedge fund launches of the year. #press

Bloomberg.com

Ex-Deutsche Duo Team Up to Launch Distressed Debt Hedge Fund

Distressed debt specialist Michael Sutton is teaming up with a former Deutsche Bank AG colleague for one of the biggest European hedge fund launche...

Hong Kong Exports in August Post Longest Falling Streak on Record Hong Kong’s exports in August posted their longest streak of monthly declines on record, as weak demand and China’s slow recovery continue to pose challenges for the financial hub’s economic growth. #press

Bloomberg.com

Hong Kong Exports in August Post Longest Falling Streak on Record

Hong Kong’s exports in August posted their longest streak of monthly declines on record, as weak demand and China’s slow recovery continue to p...

UK’s Worst-Performing Water Firms Told to Hand Back £114 Million Britain’s water regulator told suppliers to reimburse customers to the tune of £114 million ($139 million), just as the industry needs billions of pounds to repair aging networks plagued by leaks and sewage spills. #press

Bloomberg.com

UK’s Worst-Performing Water Firms Told to Hand Back £114 Million

Thames Water Ltd. was slapped with a penalty of over £100 million ($122 million) by regulator Ofwat, just as the beleaguered UK utility needs bill...

Biopharma's Tech Adoption Challenges Life sciences-focused cloud startup Benchling has seen its business soar over the last few years, amid a renewed interest in biotech among investors. Benchling CEO Sajith Wickramasekara joins Caroline Hyde and Ed Ludlow to discuss the state of the global biopharma industry and its adoption of technology. He speaks on "Bloomberg... #press

Bloomberg

Watch Biopharma's Tech Adoption Challenges - Bloomberg

Life sciences-focused cloud startup Benchling has seen its business soar over the last few years, amid a renewed interest in biotech among investor...

Nikki Haley Says US Government Shutdown Would Be ‘Irresponsible’ Republican presidential contender Nikki Haley says she told lawmakers that a US government shutdown would be “irresponsible and inexcusable” — even as she urged her party to rein in spending. #press

Bloomberg.com

Nikki Haley Says US Government Shutdown Would Be ‘Irresponsible’

Republican presidential contender Nikki Haley says she told lawmakers that a US government shutdown would be “irresponsible and inexcusable” �...

Bond Market Faces Quandary After Fed Signals It’s Almost Done Bond investors face the crucial decision of just how much risk to take in Treasuries with 10-year yields at the highest in more than a decade and the Federal Reserve signaling it’s almost done raising rates. #press

Bloomberg.com

Bond Market Faces Quandary After Fed Signals It’s Almost Done

Bond investors face the crucial decision of just how much risk to take in Treasuries with 10-year yields at the highest in more than a decade and t...

Alpine Tunnel Chaos Puts Crucial European Network Under Strain When a landslide blocked an aging Alpine tunnel connecting Italy and France this summer, Livio Ambrogio knew what the fallout was going to be for his freight business: time and money. #press

Bloomberg.com

Alpine Tunnel Chaos Puts Crucial European Network Under Strain

When a landslide blocked an aging Alpine tunnel connecting Italy and France this summer, Livio Ambrogio knew what the fallout was going to be for h...

Death, Divorce and Downsizing to the £7 Million London Fixer-Upper And yet multiple buyers are interested. #press

Bloomberg.com

Death, Divorce and Downsizing to the £7 Million London Fixer-Upper

And yet multiple buyers are interested.

Bloomberg Markets: The Close 09/22/2023 Romaine Bostick & Katie Greifeld bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street and tackle emerging markets regain luster, UAW expands strikes and the CFTC calls for digital assets pilot program. Guests Today: Michael Pond of Barclays, Christine... #press

Bloomberg

Watch Bloomberg Markets: The Close 09/22/2023 - Bloomberg

Romaine Bostick & Katie Greifeld bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing be...

Equities Continued Slump on Month - Beyond the Bell Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Jess Menton. (Source: Bloomberg) #press

Bloomberg

Watch Equities Continued Slump on Month - Beyond the Bell - Bloomberg

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Gr...

Crypto Asset Manager CoinShares Starts US Hedge Fund Division CoinShares, one of Europe’s largest cryptocurrency asset managers, is starting a hedge fund division as it seeks to make inroads with American investors. CoinShares CEO Jean-Marie Mognetti joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology." (Source: Bloomberg) #press

Bloomberg

Watch Crypto Asset Manager CoinShares Starts US Hedge Fund Division - Bloomberg

CoinShares, one of Europe’s largest cryptocurrency asset managers, is starting a hedge fund division as it seeks to make inroads with American in...

Frontier Extends Record Rout as Wall Street Downgrades Pile Up Wall Street analysts are souring on Frontier Group Holdings Inc. as a stark decline in traveler demand and elevated fuel costs worsen the airline’s earnings outlook. #press

Bloomberg.com

Frontier Extends Record Rout as Wall Street Downgrades Pile Up

Wall Street analysts are souring on Frontier Group Holdings Inc. as a stark decline in traveler demand and elevated fuel costs worsen the airline�...

Activist Investor Dell Says Oil Will Pass $100 Shale drillers are resisting the lure of soaring oil prices and holding fast to production targets drawn up before crude began its ascent toward $100, said activist investor Ben Dell. He speaks on "Bloomberg Markets." (Source: Bloomberg) #press

Bloomberg

Watch Activist Investor Dell Says Oil Will Pass $100 - Bloomberg

Shale drillers are resisting the lure of soaring oil prices and holding fast to production targets drawn up before crude began its ascent toward $1...

Office Fear, Fed Keep Buyers of Lower-Rated Commercial Mortgage Bonds On Sidelines Spreads on lower-rated commercial mortgage-backed securities widened over the summer as traditional buyers of the debt wait for more clarity on the outlook for interest rates and office valuations. #press

Bloomberg.com

Office Fear, Fed Keep Buyers of Lower-Rated Commercial Mortgage Bonds On Sidelines

Spreads on lower-rated commercial mortgage-backed securities widened over the summer as traditional buyers of the debt wait for more clarity on the...

European Private Lending Giant Hayfin Is Said to Explore Sale Hayfin Capital Management, the private credit specialist that manages €30 billion ($32 billion) of assets, is exploring options including a potential sale, people with knowledge of the matter said. #press

Bloomberg.com

European Private Lending Giant Hayfin Is Said to Explore Sale

Hayfin Capital Management, the private credit specialist that manages €30 billion ($32 billion) of assets, is exploring options including a poten...