Bloomberg Markets
Kimberly-Clark Corp. is selling investment-grade bonds in as many as five parts to help fund its pending acquisition of Tylenol maker Kenvue Inc.
Bloomberg Markets
HSBC Holdings Plc started its search for a new chief executive officer of its asset management unit to replace Nicolas Moreau, according to people with knowledge of the matter.
Bloomberg Markets
Warren Buffett’s three children are preparing to take responsibility for one of the world’s biggest fortunes.
Buffett is worth about $150 billion and has pledged to give away the vast majority of his wealth.
When he dies, Susie, Howard and Peter Buffett will have to agree unanimously on how to give away what remains.
The siblings already back very different causes, from early education to food security and conflict mitigation.
But they still haven’t decided how they’ll distribute the fortune, wi
Bloomberg Markets
Deutsche Bank AG is betting the Nigerian naira will strengthen against the US dollar as it adds the West African nation to its frontier foreign exchange monitor, a tool it uses to watch currencies in smaller, less liquid markets.
Bloomberg Markets
Andrew Sheets, global head of fixed income research at Morgan Stanley, examines what impact volatility in French bonds and equities may have on European Central Bank policy and how his firm is approaching European markets. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
Bloomberg Markets
S&P 500 Index futures rise 0.5% as of 7:51 a.m. in New York as buyers are driving a rebound in US stocks after last week’s rout in chipmakers.
NY Times Business
The artificial intelligence giant plans to contribute 5 percent of its stock into a philanthropic fund. But its generosity depends on the A.I. boom continuing.
Bloomberg Markets
India’s navy is exploring new ways to power future warships so they can carry laser and microwave weapons capable of taking down swarms of cheap drones, according to Vice Admiral Ajay Kochhar.
MarketWatch
A wave of corporate results that could help determine whether the stock-market rally has more room to run — or whether investors are growing wary of the companies that powered it.
Financial Times
This new crisis looks different and the bloc’s leaders are preparing to talk directly to Putin
Bloomberg Markets
Republican lawmakers blasted President Donald Trump for waiving new tariffs and sanctions on Russia, prompting the president to defend himself against some of his strongest allies on Capitol Hill. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
Bloomberg Markets
The European Union is considering strengthening the rules around a riskier form of insurance provided to the banking sector, as part of an upcoming package to broadly ease access to securitized finance.
Bloomberg Markets
Though stockpiles are currently ample, a mining slowdown threatens to erode the country’s reserves.
Financial Times
Partner at firm had said need to approach ‘sophisticated investors’ to back its AI lab ‘probably’ ruled out region’s ‘sovereign wealth money’
Bloomberg Markets
Iran’s main oil-loading terminals have remained empty for weeks, adding to signs that a US naval blockade of the country is throttling Tehran’s exports.
MarketWatch
“Ill-timed circumstances can change our financial future in unexpected ways.”
Bloomberg Markets
Indonesia will remove stocks with concentrated ownership from its benchmark equities index, the latest effort to avert a possible downgrade of its market status by MSCI Inc.
Financial Times
Western allies provided advance warning about only one of two overnight attacks, says Ukrainian air force
Bloomberg Markets
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Shoqat Bunglawala, Goldman Sachs Asset Management EMEA Head of Multi-Asset Solutions; Hanna Notte, James Martin Center for Nonproliferation Studies Eurasia Program Director (Source: Bloomberg)
Bloomberg Markets
A mountain of debt and a budget deficit among the largest in the euro area mean France cannot simply increase spending to appease the public.