NY Times Business
Consumers across the continent increasingly want to buy low-cost Chinese vehicles. Policymakers are seeking to slow them down.
Bloomberg Markets
Frasers Group Plc increased its stake in Burberry Group Plc, putting it on track to be the brand’s biggest investor in billionaire Mike Ashley’s latest bet on a rival.
CNBC Finance
Delta planned to begin the route on Oct. 23, in what would have marked the first nonstop commercial flight between the U.S. and Saudi Arabia.
Bloomberg Markets
Investors fled US mortgage bond funds at historic levels over the past three weeks, with outflows ranking among the seven worst since the start of 2021, as surging interest rates spur a flight from volatility.
Bloomberg Markets
Kazakhstan’s central bank is switching from being one of the world’s biggest buyers of gold to a seller, as high Treasury yields reinforce the need to rebalance its reserves.
Bloomberg Markets
DLA Piper is hiring three senior lawyers from Latham & Watkins to join its growing capital solutions business as it continues an aggressive push into the private credit market.
Bloomberg Markets
Uganda’s shilling is bearing the brunt of rising US yields and foreign-investor selling as offshore holders trim their exposure to local-currency bonds.
Bloomberg Markets
When Goldman Sachs Group Inc. buys boutique ETF provider Neos Investments, it’ll acquire not only some of the hottest derivative-income funds around, but also products that are testing how decades-old laws are applied to Wall Street’s new generation of tax-optimizing strategies.
Bloomberg Markets
A newly formed borrowers’ collective of developing countries elected Pakistan to chair it as the group faced what United Nations Secretary-General António Guterres called “a perfect storm.”
Bloomberg Markets
Democratic Republic of Congo’s central bank will soon require a range of payments to be made in francs instead of dollars — including to mining subcontractors — to strengthen the local currency and encourage domestic investment, Governor Andre Wameso said.
Financial Times
Alexus Grynkewich says Russia’s ‘hybrid’ war is unsettling even if conflict is not imminent
CNBC Finance
"Starbucks is not buying Chipotle," a Starbucks spokesperson told CNBC.
Bloomberg Markets
A Gramercy Funds Management-backed law firm was unlawfully fired from a $36 billion lawsuit that has seen two private credit investors clash over who will represent hundreds of thousands of victims of a dam collapse in Brazil.
Bloomberg Markets
Saudi Arabia said it was dealing with new drone and cruise missile attacks on Monday, posing fresh security threats to the kingdom following the weekend’s deadly strikes on Riyadh airport. (Source: Bloomberg)
Bloomberg Markets
US equity futures waver ahead of earnings season with the US Treasury market closed for the holiday. Oil swings after President Trump said Kyiv and Moscow had agreed to an “energy ceasefire,” while President Zelenskyy says Russia has breached the truce. Saudi Arabia suffered its deadliest strikes since the Iran war began. Divya Singaravelu of Meridian 1305 Capital joins "Bloomberg Brief" to discuss the outlook for the 10-year Treasury yield. Josef Aschbacher, Director General of the European Sp
Bloomberg Markets
Veronica Clark, US economist at Citi Research, points to slowing economic activity outside of Artificial Intelligence and suggests that a modest increase in inflation could keep the Federal Reserve on hold in October and December. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
Bloomberg Markets
Private equity firms have room to keep piling debt onto portfolio companies to fund payouts as market volatility makes exits harder.
NY Times Business
Deadly attacks on the main Saudi airport add to the challenges facing the country, as it seeks to maintain energy production and keep major events on track.
CNBC Finance
The FAA warned U.S. airlines about flight risks over Saudi Arabia as Riyadh airport attacks disrupt travel and Delta weighs an Oct. 23 launch.
Bloomberg Markets
Ukrainian President Volodymyr Zelenskyy said on Monday that energy infrastructure has continued to be hit by Moscow’s air strikes, violating an energy ceasefire announced by US President Donald Trump. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)