13:44
2 mins read
Private Equity Has €41 Billion of Headroom for Dividend Recaps
Private equity firms have room to keep piling debt onto portfolio companies to fund payouts as market volatility makes exits harder.
Companies owned by buyout...
12:14
2 mins read
Boxer Names New CEO as Low Prices Help Lift Grocer’s Profit
Boxer Retail Ltd. promoted its supply-chain head to run the South African budget grocer from March, with the retailer facing intense competition for cash-strapp...
09:20
2 mins read
China Coal Prices at Three-Year High With Little Relief in Sight
China’s thermal coal prices climbed to a three-year high as sluggish domestic production growth and disruptions in top exporter Indonesia coincide with an energ...
08:41
1 min read
China Says Hybrid-Car Deal With Europe to Ensure ‘Export Space’
China said a deal with the European Union on hybrid cars will ensure “export space and steady growth” for its companies, as the two sides seek to reduce the ris...
08:38
1 min read
China Steel Firm Sets Up Shipbuilding Arm as Industry Booms
One of China’s largest private steel-making companies is moving into shipbuilding as the industry enjoys a boom in orders.
Shagang Holding Group Co. establishe...
06:56
1 min read
Boxer Appoints New CEO as South African Grocer’s Profit Rises
Boxer Retail Ltd. appointed a new chief executive officer as the incumbent is set to retire, with the South African budget grocer reporting higher first-half pr...
05:02
1 min read
Copper Gains on Easing Rate-Hike Bets and Chile Mine Avalanche
Copper extended gains as traders looked to a more hopeful outlook for interest rates and gauged the impact on supply of a fatal mine incident in Chile.
The bel...
04:45
1 min read
Wheat Extends Drop as Trump Remarks Fuel Black Sea Truce Hopes
Wheat declined for a fourth day after US President Donald Trump said Russia and Ukraine had agreed to an immediate “ energy ceasefire
· ,” raising hopes tha...
04:18
1 min read
Iran War’s End Will Be Turning Point for India, Amundi Arm Says
Amundi SA’s research arm sees scope for a rebound in Indian equities after a steep selloff fueled by high oil prices and persistent foreign outflows.
An end to...
15:47
1 min read
Saudi Arabia’s Main Riyadh Airport Comes Under Further Attack
Saudi Arabia-led coalition forces in Yemen said the kingdom’s main airport in Riyadh was hit by an unknown projectile on Sunday, causing a fire.
A passenger te...
14:30
4 mins read
Prediction Markets’ NFL Boom Tests Sports Betting Rules
Prediction markets built their business by letting users trade on everything from Federal Reserve decisions to pop culture. This year’s football season is showi...
13:06
4 mins read
Cockroach Party Leaders Vow to Continue Protests After Release
Leaders of India’s youth-led protest movement - Cockroach Janta Party - vowed to press ahead with their demand for the resignation of the country’s top election...
07:46
5 mins read
Jefferies Says Found Fraud in $900 Million of Radiant Deals
A Jefferies-run fund said in court proceedings that it has evidence of alleged fraudulent conduct by iron ore traders Radiant World and Sapphire Minmetals in re...
06:04
3 mins read
Taiwan’s Lai Urges Democracies to Unite After Trump-Xi Talks
Taiwanese President Lai Ching-te called on democracies in the region to unite against threats to stability, as the island faces pressure from Beijing and concer...
04:21
1 min read
China Issues Draft Standards for Remanufactured Automotive Parts
China released draft rules that would establish nationwide requirements for automotive-parts remanufacturing, including standards for the sourcing of used compo...
12:02
2 mins read
Poland Central Bank Faces Meeting Hurdles Without Glapinski: PAP
The potential suspension of Polish central bank governor Adam Glapinski could make it difficult to convene meetings of the rate-setting panel, a policymaker sai...
10:53
1 min read
China Passenger Vehicle Retail Sales Drop 24% in September
China’s passenger vehicle retail sales fell 24% in September from a year earlier to 1.702 million units, while new-energy vehicle sales declined 12% to 1.141 mi...
09:12
3 mins read
India Announces Emergency Steps to Support Plunging Currency
India’s central bank rolled out a series of measures to support the sliding rupee in its strongest action since the country’s currency crisis in 2013.
The step...
03:30
1 min read
Australia Says It Doesn’t Need Russian Fuel After Trump Diesel Move
Australia has no need to buy fuel from Russia and said that purchases from there will remain barred so that the country doesn’t benefit from the invasion of Ukr...
00:00
1 min read
An Indian University Graduate Turns to Gig Work
The delivery rider knows his way around Delhi. He’s still searching for the secure salaried job that eludes many young people.
By Akriti Sharma | Updated on Oc...
23:06
1 min read
Bambusa Therapeutics Files for IPO to Fund Eczema Drug Trials
Bambusa Therapeutics Inc. filed for a initial public offering to help fund trials of its drugs to treat eczema and other inflammation disorders.
The Boston-bas...
21:41
2 mins read
A Big Asset Manager Deleveraging Is Underway in Treasury Futures
Asset managers are offloading long-duration Treasuries futures contracts, an indication that forced selling is underway as cash yields hover just off multiyear...
19:55
2 mins read
Corn Falls Most Since 2023 After US Makes Surprise Crop Estimate
Corn plunged by the most in three years after the US Department of Agriculture raised its outlook for yield and production of the top American crop, when most a...
17:41
1 min read
Dutch Propose Law to Crack Down on Russian Shadow Fleet
The Dutch government proposed a legal change to crack down more effectively on Russia’s shadow fleet, prompting the Russian embassy to threaten its own retaliat...
17:41
2 mins read
Aritzia Surges Most in 18 Months on Earnings, Better Outlook
Aritzia Inc. stock is having its best trading day in more than a year as accelerating growth in the US and in online sales delivered another quarterly beat and...
16:56
4 mins read
Tiny Drones Help Tackle Shell’s Million-Dollar Hurricane Problem
When hurricanes sweep through the Gulf of Mexico, oil companies can lose millions of dollars waiting for the all-clear to restart production. Shell Plc thinks a...
16:26
2 mins read
Cable One Lender Seeks to Block $480 Million Mega Broadband Deal
Lender CoBank ACB filed a lawsuit Friday seeking to block Cable One Inc. from acquiring a 55% equity stake in Mega Broadband Investments from private equity fir...
12:45
3 mins read
KKR Bans Non-Competes for Lower-Paid US Portfolio Company Staff
KKR & Co. has prohibited non-compete agreements for lower-paid employees at its US portfolio companies, aiming to show that the restrictive contracts aren’t nee...
12:17
3 mins read
The Winners and Losers of Malaysia’s 2027 Spending Plan
Malaysia’s retail and tourism sectors are set to benefit as the government increases cash aid and raises the minimum wage to ease cost-of-living pressures in wh...
11:20
2 mins read
Ambani’s Jio Said to Set IPO Price Band at 1,065-1,119 Rupees
Jio Platforms Ltd. is set to price its shares at 1,065 rupees to 1,119 rupees apiece in its planned initial public offering, according to people familiar with t...
11:09
3 mins read
Dollar’s Longest Winning Streak Since Early 2025 Keeps Going
The dollar rally is forging ahead as soaring oil prices weigh on currencies of energy importing nations and global inflation fears persist.
The Bloomberg Dolla...
10:12
1 min read
El Niño Puts Ivory Coast Cocoa at Risk of Heat, Water Stress
A strengthening El Niño is threatening an already fragile outlook for cocoa supplies, with top grower Ivory Coast’s state weather agency warning of a rainfall d...
09:29
3 mins read
Segantii Insider Trading Trial Ends With Verdict Due February
The high-profile insider-trading trial involving Segantii Capital Management wrapped up Friday in Hong Kong, as defense lawyers challenged the allegations in cl...
07:31
2 mins read
Yuan Hits Four-Year High Versus Basket as PBOC Backs FX Policy
The yuan advanced to a four-year high against a basket of its trading partners’ currencies after the People’s Bank of China rejected claims of undervaluation an...
00:00
1 min read
What Everyone Gets Wrong About the Economic Problems in Europe
The debate about low productivity may be missing the picture.
By Joe Weisenthal and Tracy Alloway | Updated on Oct 08, 2026 at 09:00 AM
Listen to Odd Lots on...
00:00
5 mins read
Four Views on India’s Finance Boom and What Comes Next
The system has opened up for small investors as well as global private equity. The challenge is turning access into lasting economic gains.
By Anto Antony | Up...
17:24
1 min read
Revolut CEO Storonsky Says He’s Targeting US Primary Listing
Revolut Ltd. Chief Executive Officer Nik Storonsky said he wants the digital bank to hold a primary listing in the US, if it chooses to pursue a public offering...
16:46
3 mins read
UK’s MFS Owner Says He’s Been Harassed by Lawsuits After $3 Billion Collapse
The owner of Market Financial Solutions Ltd. is facing a growing barrage of lawsuits as creditors try to recover about £2.3 billion ($3 billion) of loans they h...
14:55
3 mins read
RBC Seeks to Block H&R’s Breakup and Sale to Blackstone, Others
RBC Global Asset Management says it will vote against the breakup and sale of Canada’s H&R Real Estate Investment Trust, adding to opposition on a deal that wou...
14:07
2 mins read
Valcambi Gold Refinery Plan Boosts Hong Kong’s Bullion Hub Drive
Valcambi SA, one of the world’s largest gold refiners, plans to open a new plant in Hong Kong, bolstering the city’s push to become a global bullion hub.
The S...
13:43
2 mins read
US, Zambia Decouple Health Deal From Critical-Minerals Talks
Zambia and the US are discussing a separate critical-minerals framework that isn’t part of a health and data-sharing agreement signed by the two countries on Th...
13:00
4 mins read
Anthropic IPO Investors Struggle to Put a Price on Rogue AI Risk
Investors considering Anthropic PBC’s planned mega-IPO are grappling with an unusual conundrum: How to value a company that some fear could help wipe out the hu...
12:57
2 mins read
Top Qatari Bank QNB Inks $2.5 Billion Loan Led By Asian Lenders
Qatar National Bank has secured a $2.5 billion syndicated loan led mainly by Asian lenders, according to people familiar with the matter, signaling continued ap...
12:33
3 mins read
Germany Doubles 2026 Growth Outlook as Manufacturing Rallies
Germany more than doubled its growth forecast for this year after a stronger-than-expected first half, as robust exports and a surge in government spending outw...
10:00
3 mins read
Saudis in Talks to Formalize Hormuz Shuttles in Fight for Market
Saudi Arabia is in talks with customers to offer oil loadings next year outside the Strait of Hormuz in long-term contracts, formalizing a system the kingdom ha...
09:56
4 mins read
Star Banker Robey Kept Chelsea FC’s Co-Owners Talking Through Feud
In between advising on multibillion-pound FTSE takeovers, investment banker Simon Robey this year found himself playing a role more akin to counselor to the own...
09:26
3 mins read
Bank of Ireland’s Soured Deals Show Hazard in Risk Transfer Boom
Investors have written down two risk transfer deals with Bank of Ireland Group Plc as the underlying loans deteriorate, a warning of the potential pitfalls invo...
09:14
2 mins read
India Shuns Costly Russian Oil as Middle East Flows Recover
Indian refiners have cut back Russian crude purchases for November delivery, as rising competition from China pushes up prices at a time when buyers can tap alt...
08:35
1 min read
Malaysia Gets Myanmar Vow on Refugees But Still Does Not Recognize Regime
Malaysia Prime Minister Anwar Ibrahim hosted Myanmar President Min Aung Hlaing for talks Thursday, though his government was careful to underscore it still does...
08:22
3 mins read
Rupee Slide Tests RBI’s Multiple Defenses as Record Low Nears
India’s central bank has put all kinds of support around the rupee, and it’s only just stopping the currency from hitting a record low.
The currency is 0.2% aw...
17:41
2 mins read
Morgan Stanley Selling Pieces of $3 Billion Royal Caribbean Loan
Morgan Stanley has invited banks to buy pieces of a $3 billion loan that helps fund Royal Caribbean Cruises Ltd.’s purchase of a 50% stake in Sandals Resort Int...
17:00
4 mins read
Commodity Volatility Spurs Regional US Banks to Offer Hedging
For years, regional US banks lent money to commodities clients, only to watch them take their lucrative hedging activity to Wall Street. Now the regionals want...
13:40
1 min read
Gold Body Accused of Enabling Deaths at Tanzanian Gold Mine
The London Bullion Market Association’s certification program served as a “thick smokescreen” that enabled serious abuses at a Tanzanian gold mine where two men...
13:18
3 mins read
After Hoax Sparks 20% Plunge, Texas Roadhouse Analysts Say Buy
Week after week, shares of Texas Roadhouse Inc. sunk, done in by a viral social media hoax that claimed discrimination was rampant at the chain.
Denials from t...
12:58
6 mins read
How Total Return Swaps Pile on Risk For Bondholders
Some governments in need of money have been turning to an obscure financial product typically used by hedge funds, exposing bond investors to new risks.
Angola...
12:00
1 min read
US Mortgage Rates Jump to 7.49%, Highest in Nearly Three Years
US mortgage rates climbed for a seventh straight week to their highest level in nearly three years, compounding the nation’s affordability problem.
The contrac...
11:30
4 mins read
Student Lender Collapses as Immigrant Crackdown Roils Loan Book
A US lender specializing in loans to international students has largely shuttered its operations after losing access to fresh financing, marking one of the most...
07:59
2 mins read
Reliance Drives India’s Venezuela Oil Imports to Seven-Year High
India’s imports of Venezuelan oil are set to surge to the highest in almost seven years this month, as steep discounts lure refiners such as Reliance Industries...
07:41
1 min read
China’s Central Bank Adds Gold in September as Bullion Weakens
China added more gold to reserves last month, pushing a buying streak close to the two-year mark as prices weaken toward $4,000 an ounce.
Holdings of bullion a...
13:47
2 mins read
Emera to Buy Canadian Utilities in C$14.3 Billion Deal
Emera Inc. agreed to acquire Canadian Utilities Ltd. in an all-stock deal valued at about C$14.3 billion ($10 billion), creating a sprawling power and natural g...
12:04
1 min read
Oil Inventories in the West Have Been Exhausted, Vitol CEO Says
Oil inventories in western countries have been exhausted as a result of the Iran war, the boss of the world’s largest independent oil trader said, warning that...
10:45
3 mins read
Segantii Trial Nears Finish as Lawyers Make Closing Arguments
Segantii Capital Management’s founder Simon Sadler returned to a Hong Kong court this week, as the prosecution delivered its closing argument in a high-profile...
10:38
2 mins read
SEBI Says Jane Street’s Appeal for More Details a Delaying Ploy
India’s markets regulator called Jane Street Group LLC’s demand for additional documents a “dilatory” tactic, a day after the Wall Street trading giant pressed...
10:12
1 min read
Chevron’s Wirth Warns US Diesel Curbs Could Send Prices Higher
A US ban on diesel exports could result in higher prices in some parts of the country as well as causing issues with other nations that rely on American supplie...
06:39
2 mins read
Firmus Stock Overhang Said to Make Some Investors Wary on IPO
Some potential investors are turning more cautious on the blockbuster initial public offering of data center firm Firmus Grid Ltd. as they worry about existing...
00:00
7 mins read
Wall Street’s $10 Billion India Hospital Bet Sparks a Fight Over Bills
The country is one of the world’s most active markets for private equity-driven healthcare consolidation.
By Ranjani Raghavan and Anto Antony | Updated on Oct...