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Stock Market Today: Dow, S&P Live Updates for April 24: A $250 billion exchange-traded fund tracking the Nasdaq 100 got hit in late hours after Meta Platforms ...
bloomberg.com/news/articles/2024-04-23/stock-market-today-dow-s-p-live-updates
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Sliding Yen: The Bloomberg Close, Asia Edition : Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-26/sliding-yen-the-bloomberg-close-asia-edition
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China Carbon Permits to Benefit Clean Energy, Hasten End of Coal Plants - Bloomberg
bloomberg.com/news/articles/2024-04-25/china-s-carbon-milestone-to-benefit-clean-energy-providers
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US Consumer Sentiment Falls as Inflation Expectations Climb: US consumer sentiment fell in April on dimmer views of personal finances and the economy as ...
bloomberg.com/news/articles/2024-04-26/us-consumer-sentiment-falls-as-inflation-expectations-climb
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Pimco Says BOJ May Raise Rates Higher Than Markets Expect: The Bank of Japan may raise interest rates three more times even after last month’s historic hike ...
bloomberg.com/news/articles/2024-04-25/pimco-says-boj-may-raise-rates-higher-than-markets-expect
Fresh Support: The Bloomberg Open, Asia Edition: Good morning. US House approves $95 billion in foreign aid. China is front and center of gold’s rally ...
bloomberg.com/news/newsletters/2024-04-21/fresh-support-the-bloomberg-open-asia-edition
Quick Glance: Ukrainian President Thanks US for Weapon Aid
- Ukrainian President Zelenskyy thanked U.S. political leaders for approving an aid package for Ukraine, providing the country with a chance at "victory" in its defense against Russia.
- The House passed a bill granting Ukraine $60.8 billion in aid, with Zelenskyy urging swift Senate approval to ensure rapid assistance to frontline soldiers.
- Zelenskyy emphasized the critical need for long-range weapons and air defense systems to stabilize the situation and regain the initiative in Ukraine.
- He addressed rumors of a territorial deal with Russia, emphasizing the importance of a strategy based on concrete democratic measures to end the war.
Tesla Gains as EV Maker Says It’ll Accelerate Affordable Models
bloomberg.com/news/live-blog/2024-04-23/tesla-first-quarter-earnings
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
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President Joe Biden says he's 'happy to debate' Donald Trump. Trump says he's ready to go
apnews.com/article/joe-biden-donald-trump-debates-97c527d59bac59c06d2ee0e1edb81d9b
BOJ Holds: The Bloomberg Open, Europe Edition: Good morning. The BOJ holds rates, sending the yen weaker. Big Tech saves the day after the close in New York ...
bloomberg.com/news/newsletters/2024-04-26/boj-holds-the-bloomberg-open-europe-edition
Forecasting pioneer: ‘A lot would have to go wrong for Biden to lose’: A notable forecaster of presidential elections said in a recent interview that “a lot ...
thehill.com/homenews/campaign/4624541-forecasting-pioneer-lictman-biden-trump-2024/
Biden picks up another big union endorsement, this one from building trades workers
apnews.com/article/joe-biden-union-endorsement-651dd9dd2eb8e16ab898366e9501dc4e
US Vice President Kamala Harris hosted Kim Kardashian at the White House to discuss criminal justice reform, after the Biden administration granted clemency to ...
reut.rs/3xVhCa4
Mexico Trade Surplus Soars to Beat Expectations in March: Mexico’s trade surplus was four times as large as economists had forecast in March as fuel imports ...
bloomberg.com/news/articles/2024-04-26/mexico-trade-surplus-soars-to-beat-expectations-in-march
Biden just signed a bill that could ban TikTok. His campaign plans to stay on the app anyway
apnews.com/article/biden-tiktok-campaign-account-young-voters-ban-d351ccb17c59890473af1685a0a756f3
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Gold (XAUUSD) Heads For Weekly Loss as US Inflation Concerns Sap Demand: Gold was on track for a weekly loss as persistent inflationary forces looked ...
bloomberg.com/news/articles/2024-04-26/gold-xauusd-heads-for-weekly-loss-as-us-inflation-concerns-sap-demand
How 4% Could Be the New Inflation Target: Whether explicitly or implicitly, central banks look likely to take a more flexible approach in future.
bloomberg.com/news/newsletters/2024-04-24/how-4-could-be-the-new-inflation-target
Fixed Income Luminaries Favor Coupon Clipping as US Yields Rise: Welcome to the Weekly Fix, the newsletter with high yields and low duration risk ...
bloomberg.com/news/newsletters/2024-04-26/fixed-income-luminaries-favor-coupon-clipping-as-us-yields-rise
Here's Who's Winning the Global Fight for AI Talent: Inside the competition for top-tier researchers.
bloomberg.com/news/articles/2024-04-25/here-s-who-s-winning-the-global-fight-for-ai-talent
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Some Nikki Haley voters are hanging on to her candidacy and, like her, refuse to endorse Trump
apnews.com/article/nikki-haley-donald-trump-pennsylvania-joe-biden-c8ab4e675cfd2fa64d6b749b881c6fbd
EU Raises Stakes With Chinese Medical-Device Probe: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European ...
bloomberg.com/news/newsletters/2024-04-24/eu-raises-stakes-with-chinese-medical-device-probe
Quick Glance: EU Raises Stakes With Chinese Medical-Device Probe
- The EU launched a probe into Chinese medical-device procurement, prompted by concerns that the government in Beijing unfairly favors domestic suppliers, risking tensions ahead of Xi Jinping's upcoming visit.
- The investigation will collect information from companies and member states and must be concluded within nine months. If it confirms a lack of reciprocity, the EU could restrict Chinese access to its tenders.
- This move follows a decision last year to begin an anti-subsidy probe into electric vehicles made in China, potentially leading to new tariffs by July.
- Chinese leaders have rebutted European and US criticism of market distortion in favor of domestic firms, but doubts persist regarding Beijing's extensive use of public support.
UMB Financial in Talks to Acquire Rival Bank Heartland: UMB Financial Corp. is in talks to acquire rival Heartland Financial USA Inc., people with knowledge of ...
bloomberg.com/news/articles/2024-04-26/umb-financial-in-talks-to-acquire-rival-bank-heartland
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China’s Prices Are Just Too Low for Buyers to Sweat About Tariffs: China can withstand any new tariffs the world throws at it – even the punitive ones Donald ...
bloomberg.com/news/articles/2024-04-23/china-s-prices-are-just-too-low-for-buyers-to-sweat-about-tariffs
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KKR Raises $11 Billion for Its Newest Global Infrastructure Fund: KKR & Co. raised $11 billion for its latest global infrastructure fund ...
bloomberg.com/news/articles/2024-04-24/kkr-raises-11-billion-for-its-newest-global-infrastructure-fund
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(JPY/USD) Japan Is ‘Very Close’ to Intervention, Ex-Forex Chief Says: Japan is on the brink of currency intervention if the yen weakens any further ...
bloomberg.com/news/articles/2024-04-23/japan-is-very-close-to-intervention-former-forex-chief-says
Acceleration: The Bloomberg Open, Asia Edition: Good morning. Tesla soars on plans to accelerate the launch of cheaper models. Companies raised a record amount ...
bloomberg.com/news/newsletters/2024-04-23/acceleration-the-bloomberg-open-asia-edition
Biden administration pushes back plan to ban menthol cigarettes: The Biden administration has reportedly abandoned its plans to ban menthol cigarettes after ...
thehill.com/homenews/administration/4624481-biden-dropping-plan-ban-menthol-cigarettes-report/
Quick Glance: Biden administration faces delays in menthol cigarettes ban
- The planned implementation of a ban on menthol cigarettes in the US is expected to take 'significantly more time,' according to US Health and Human Services Secretary Xavier Becerra in a statement on Friday.
- In April 2022, the US Food and Drug Administration (FDA) initially announced the ban on the popular mint flavor, setting a deadline for August 2023. Final rules were sent to the White House Office of Management and Budget for review in October, with the status listed as 'pending.'
- According to the proposed FDA regulations, the manufacturing and sale of menthols would be prohibited, without direct regulation of smokers themselves.
- A prohibition on menthol cigarettes could potentially save up to 650,000 lives over the next 40 years, with a third of these lives being saved within the black community, as stated by the Campaign for Tobacco-Free Kids.
Union leader endorsing Biden: ‘We’re not gonna waste a lot of time’ on Trump supporters
thehill.com/homenews/campaign/4617991-building-trades-union-endorses-biden/
Senate Votes to Push Ukraine and Israel Aid Bill Toward Final Passage: The overwhelming bipartisan vote for the long-stalled $95.3 billion aid package capped a ...
nytimes.com/2024/04/23/us/politics/senate-aid-package-ukraine-israel-taiwan.html
Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
- President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.
- Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.
- The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.
- Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
Average US 30-Year Mortgage Rate Rises to 7.17%, Up From 7.1% Last Week: Mortgage rates in the US increased for a fourth straight week.
bloomberg.com/news/articles/2024-04-25/mortgage-rates-in-the-us-climb-for-a-fourth-week-to-reach-7-17
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Gold (XAUUSD) Steady After Two-Day Drop Driven by Easing Mideast Tension: Gold ticked down ahead of US data due later this week that may shed more light on the ...
bloomberg.com/news/articles/2024-04-24/gold-xauusd-steady-after-two-day-drop-driven-by-easing-mideast-tension
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Singapore Plans Law to Support Gig Workers’ Retirement Needs: Singapore will introduce a new law this year that will help so-called gig-economy workers plan for ...
bloomberg.com/news/articles/2024-04-27/singapore-plans-law-to-support-gig-workers-retirement-needs
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Meta Dismay: The Bloomberg Open, Asia Edition: Good morning. Meta plunges on a disappointing outlook. The yen weakens further. And a Klimt painting is sold at a ...
bloomberg.com/news/newsletters/2024-04-24/meta-dismay-the-bloomberg-open-asia-edition
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Cheers, Tech: The Bloomberg Open, Asia Edition: Good morning. Alphabet, Microsoft, Snap gain on results. Airbus lifts A350 jet output. And Venice finds a way to ...
bloomberg.com/news/newsletters/2024-04-25/cheers-tech-the-bloomberg-open-asia-edition
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CNN Poll: Few think Trump is being treated the same as other defendants: As the first criminal prosecution of a former American president began just 13% ...
cnn.com/2024/04/25/politics/cnn-poll-trump-trial/
Five Things You Need to Know to Start Your Day: Americas: Good morning. Tech stocks struggle after Meta disappointment, earnings season continues apace and ...
bloomberg.com/news/newsletters/2024-04-25/five-things-you-need-to-know-to-start-your-day-americas
BOE Official Warns Climate Change Shocks May Need Rates Response - Bloomberg: A Bank of England official warned that climate change may trigger large price ...
bloomberg.com/news/articles/2024-04-25/boe-official-warns-climate-change-shocks-may-need-rates-response
Podcast: Why Niall Ferguson Says the US Election Isn’t About Foreign Policy: On the new Bloomberg podcast Voternomics , historian Niall Ferguson says independent ...
bloomberg.com/news/articles/2024-04-26/podcast-why-niall-ferguson-says-the-us-election-isn-t-about-foreign-policy
Improvement: The Bloomberg Close, Europe Edition: Good afternoon. Here's what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-24/improvement-the-bloomberg-close-europe-edition
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US Small-Business Rent Delinquencies Rise to a Three-Year High: The delinquency rate for US small businesses climbed to a three-year high this month ...
bloomberg.com/news/articles/2024-04-26/us-small-business-rent-delinquencies-rise-to-a-three-year-high
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Equity Bounce: The Bloomberg Open, Europe Edition: Good morning. Equities gain after a Wall Street bounce but the outlook remains unclear ...
bloomberg.com/news/newsletters/2024-04-23/equity-bounce-the-bloomberg-open-europe-edition
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China’s Hands Are Tied in Fighting US Over TikTok: Hello, this is Josh Xiao in Singapore.
bloomberg.com/news/newsletters/2024-04-26/china-s-hands-are-tied-in-fighting-us-over-tiktok
Biden notches another union endorsement as building trades back reelection: President Joe Biden secured another union's backing on Wednesday as the organization ...
reuters.com/world/us/biden-notches-another-union-endorsement-building-trades-back-reelection-2024-04-24/
Quick Glance: Biden criticizes Florida's abortion ban and holds Trump accountable
- President Biden condemns the upcoming 6-week abortion ban in Florida.
- He blames Trump for appointing justices who overturned Roe v. Wade.
- Biden's campaign focuses on abortion rights to mobilize voters.
- Efforts to leverage Florida's abortion laws for political gain are highlighted.
Hong Kong Bankers Face More Job Cuts on China Slowdown, High Pay: Hong Kong investment bankers could face more job cuts as the slowdown in China deals persists ...
bloomberg.com/news/articles/2024-04-22/hong-kong-bankers-face-more-job-cuts-on-china-slowdown-high-pay
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Confidence vote double-whammy?: Hi there, I’m Ailbhe Rea, a Bloomberg UK Associate Editor and Readout author. Hope you enjoy today’s newsletter.
bloomberg.com/news/newsletters/2024-04-26/confidence-vote-double-whammy
The 71-Day Inflow Boom Ends for BlackRock’s Bitcoin ETF Giant: For 71 days in a row, BlackRock Inc.’s Bitcoin fund enjoyed a remarkable run ...
bloomberg.com/news/articles/2024-04-25/the-71-day-inflow-boom-ends-for-blackrock-s-bitcoin-etf-giant
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Retail Stock Traders Are Turning Bearish for First Time Since November: Individual investors are pessimistic that the US stock market can bounce back after ...
bloomberg.com/news/articles/2024-04-25/retail-traders-are-turning-bearish-for-first-time-since-november
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Revival in Japanese Stock Market Hinges on Domestic Demand Taking Hold: Japan’s stock market needs to see more domestically-oriented companies step up their game ...
bloomberg.com/news/articles/2024-04-25/revival-in-japanese-stock-market-hinges-on-domestic-demand-taking-hold
Supreme Court will decide if Trump has immunity in election case: The Supreme Court seems highly skeptical of former President Donald Trump’s claim of absolute ...
apnews.com/article/supreme-court-trump-capitol-riot-prosecution-immunity-72c885c07c77970d4380206f87b2d8ca
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
- Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.
- Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.
- Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.
- Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
Yen Approaches Intervention Point as BOJ Meeting Starts: Yen traders are bracing themselves for a redux of September 2022, when Japan intervened in the market to ...
bloomberg.com/news/articles/2024-04-25/yen-inches-closer-to-intervention-point-as-boj-meeting-starts
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Brazil Iron Ore Exports Seen Surging in 2024 If Rivers Stay High - Bloomberg: Brazil’s Corumba region could more than double iron ore shipments through ...
bloomberg.com/news/articles/2024-04-25/brazil-iron-ore-exports-seen-surging-in-2024-if-rivers-stay-high
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What Was Your First Job Like? Advice For Graduating Students In US: As college graduation season nears, millions of students are preparing to enter the workforce ...
bloomberg.com/news/articles/2024-04-24/what-was-your-first-job-like-advice-for-graduating-students-in-us
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New US Home Sales Jump to Highest Level Since September: Sales of new homes in the US bounced back in March in a broad advance as prospective buyers toughed out ...
bloomberg.com/news/articles/2024-04-23/new-us-home-sales-jump-to-highest-level-since-september
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Venice Tourism Fee: What It Costs, How to Pay, When It Applies: Local protests broke out over the plan, which had been years in the making.
bloomberg.com/news/articles/2024-04-25/venice-tourism-fee-what-it-costs-how-to-pay-when-it-applies
Yen Traders See Risk of Intervention at Highest Since Late 2022: Traders are preparing for Japanese authorities to step in and prop up the yen ...
bloomberg.com/news/articles/2024-04-26/yen-traders-see-risk-of-intervention-at-highest-since-late-2022
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Nursing homes must hit minimum staffing levels under new federal rule: Nursing homes will be required to have minimum levels of front-line caregivers for the ...
thehill.com/policy/healthcare/4610990-nursing-homes-minimum-staffing-level-federal-rule/
Quick Glance: Biden's Landmark Staffing Mandate for Nursing Homes
- The Biden administration has implemented first-ever staffing requirements for nursing homes to enhance care quality.
- The rule mandates 24/7 registered nurses and a minimum of 3.48 hours of care per resident daily.
- Industry voices concerns over staff shortages, estimating a need for over 100,000 additional workers.
- The new regulations will be phased in and could potentially lead to facility closures for non-compliance.
Russians Transform Dubai as They Flee Putin’s War: Photo Essay: Take a look at their culture at cafes, festivals and even a sailing school.
bloomberg.com/news/articles/2024-04-22/russians-transform-dubai-as-they-flee-putin-s-war-photo-essay
Britons Wake Up to Smell the Brexit Bacon: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
bloomberg.com/news/newsletters/2024-04-26/britons-wake-up-to-smell-the-brexit-bacon
China’s Sovereign Fund Ramped Up ETF Purchases to Lift Stocks: China’s sovereign wealth fund likely bought at least $43 billion of onshore exchange-traded funds ...
trib.al/CDBX9v2
Is Columbia’s president next to go amid pro-Palestinian protests?: Columbia President Minouche Shafik is falling under bipartisan criticism over the ...
thehill.com/homenews/education/4615605-columbia-pro-palestinian-protests-gaza-israel/
Stock Market Today: Dow, S&P Live Updates for April 25: Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern on whether ...
bloomberg.com/news/articles/2024-04-24/stock-market-today-dow-s-p-live-updates
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Quick Glance: Current Stock Market Trends: Dow, S&P Updates for April 24
- Major tech giants experienced a downturn in late hours following disappointing forecasts from Meta Platforms Inc., raising concerns about the stock market's trajectory.
- Before the results, the broader market struggled to gain momentum as traders prepared for economic data that will influence views on the Federal Reserve's next moves.
- Investors withdrew around $200 million from value-based ETFs this month, while growth stocks attracted over $3 billion in inflows.
- JPMorgan Chase & Co. is signaling a clear buy indication for US stocks after reaching a threshold that typically precedes above-average gains.
Odd Lots Newsletter: Anything But Bonds: Hello and welcome to the weekly Odd Lots newsletter, where Joe Weisenthal and Tracy Alloway bring you their thoughts on ...
bloomberg.com/news/newsletters/2024-04-26/odd-lots-newsletter-anything-but-bonds
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Oil-Backed Loans: Dubai Firm Pledged $13 Billion for 20 Years of South Sudan Oil: The loan from an obscure UAE company may tie up most of South Sudan’s oil ...
bloomberg.com/news/articles/2024-04-26/oil-backed-loans-dubai-firm-pledged-13-billion-for-20-years-of-south-sudan-oil
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Wild Card: The Bloomberg Open, Asia Edition: Good morning. Stocks bounced back ahead of tech earnings. South Korea’s shadow banking sounds alarm ...
bloomberg.com/news/newsletters/2024-04-22/wild-card-the-bloomberg-open-asia-edition
IMF Urges Higher For Longer Rates in Eastern Europe on Sticky Inflation - Bloomberg
bloomberg.com/news/articles/2024-04-19/imf-urges-higher-for-longer-rates-in-eastern-europe-on-sticky-inflation
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Exclusive: Biden opens first field office in Florida: The campaign now has a footprint in a county that went Democrat in the past two presidential elections.
axios.com/local/tampa-bay/2024/04/25/biden-campaign-field-office-florida
TikTok CEO Reacts to Law That Could Ban App: “We Aren’t Going Anywhere”: TikTok responds to the TikTok ban bill signed by President Biden in a video from TikTok ...
hollywoodreporter.com/business/business-news/tiktok-responds-ban-bill-united-states-shou-chew-1235880260/
Nigeria Bank Stocks Dip as Investors Flee Dilution on New Rules: Nigerian banking stocks have lost more than a quarter of their value since the central bank ...
bloomberg.com/news/articles/2024-04-26/nigeria-bank-stocks-dip-as-investors-flee-dilution-on-new-rules
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Fauci to testify before Congress for the first time since stepping down: Anthony Fauci, former chief medical adviser to President Biden, will testify before the ...
thehill.com/policy/healthcare/4619450-fauci-to-testify-before-congress-for-the-first-time-since-stepping-down/
Gold (XAUUSD) Set for Fifth Weekly Gain on Increasing Mideast Tensions: Gold pared gains as demand for safe-haven assets eased after Iranian media seemed to ...
bloomberg.com/news/articles/2024-04-19/gold-xauusd-set-for-fifth-weekly-gain-on-increasing-mideast-tensions
Netflix Flex: The Bloomberg Close, Americas Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-18/netflix-flex-the-bloomberg-close-americas-edition
Gucci-Owner Kering Flounders in the French Luxury Sector: The resilience of rivals like Hermès shows Kering’s crisis is mostly of its own making rather than from ...
bloomberg.com/news/newsletters/2024-04-26/gucci-owner-kering-flounders-in-the-french-luxury-sector
Phil Houston on Techniques to Identify Lies in Business: Asking the questions others fail to.
bloomberg.com/news/articles/2024-04-26/phil-houston-on-techniques-to-identify-lies-in-business
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Traders See Cocoa Rally Top $15,000 on Lingering Supply Shortage: Cocoa prices have been on a tear this year and the rally may have even more room to run as bean ...
bloomberg.com/news/articles/2024-04-25/traders-see-cocoa-rally-top-15-000-on-lingering-supply-shortage
Novo Reigns, Stellantis Resilient: EMEA Earnings Week Ahead: Novo Nordisk A/S’s reign as Europe’s most valuable company “leaves no room to disappoint” with its ...
bloomberg.com/news/articles/2024-04-26/novo-reigns-stellantis-resilient-emea-earnings-week-ahead
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Best Countries for Golden Visas: Tips for Applying as Programs End: Spain is the latest country to announce the end of its residency-by-investment program ...
bloomberg.com/news/newsletters/2024-04-25/best-countries-for-golden-visas-tips-for-applying-as-programs-end
Investors Balk at Private Equity Firms Borrowing Against Their Funds’ Assets: Private equity firms are attempting to get blanket permission to borrow against ...
bloomberg.com/news/articles/2024-04-24/investors-balk-at-pe-firms-borrowing-against-their-funds-assets
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Secondhand Private Credit Sets Up $15 Billion of Early Exits: Blow-out growth in the $1.7 trillion private credit market has come at a cost ...
bloomberg.com/news/articles/2024-04-25/secondhand-private-credit-sets-up-15-billion-of-early-exits
Allegra Stratton: A Defensive Election Play: Rishi Sunak is on day two of his trip to the continent. So far, he’s used the trip to announce raising the UK’s ...
bloomberg.com/news/newsletters/2024-04-24/allegra-stratton-a-defensive-election-play
Quick Glance: Increase in UK defence spending by 2030
- Prime Minister Rishi Sunak commits to raising spending to 2.5% of GDP, putting the defence industry on a 'war footing'.
- Sunak emphasized the need for deeper stockpiles of munitions and quicker replenishment due to the events in the Ukraine conflict.
- The planned increase in defence spending would require significant financial reshuffling, partly through announced measures to reduce the size of the civil service.
- Shortly after announcing the pledge to send weapons worth 500 million pounds to Ukraine, this commitment followed.
Surveying the World's Transition From Fossil Fuels to Clean Energy: Energy executives warn that it will be a long and costly journey, while activists and ...
bloomberg.com/news/articles/2024-04-26/surveying-the-world-s-transition-from-fossil-fuels-to-clean-energy
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