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Bloomberg Markets
The entities transforming New York’s Penn Station are slated to learn how much federal money will be directed to the project in about six months, according to Peter Cipriano, chief executive officer of the Halmar-Skanska consortium, the renovation’s master developer.
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Bloomberg Markets
Gustavo Pimenta, CEO of Vale, says that conflict with Iran has not impacted global demand for metals from the top iron ore producer. Pimenta also discussed the impact of the war on its sites in Oman, saying that he remains optimistic about the facility's future despite having to shut down production during the conflict.
(Source: Bloomberg)
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Bloomberg Markets
Morris Chen, portfolio manager CBMS/CRE debt at DoubleLine, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the evolution in the financing market, the bifurcated recovery of the commercial real estate market, and the risks investing in data centers. (Source: Bloomberg)
Bloomberg Markets
Bloomberg Intelligence's Athanasios Psarofagis joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the growing population of zombie ETFs, which are defined as funds that are at least three years old and manage less than $50 million. (Source: Bloomberg)
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