Page 184 - Bon News Today

Ladbrokes Parent Goes From Prey to Hunter in Casino-Merger Boom May 20 2021, 3:02 AM May 19 2021, 11:30 AM May 20 2021, 3:02 AM (Bloomberg) -- Entain Plc, the owner of Ladbrokes betting shops, is considering making a bid for some William Hill assets, targeting a competitor just months after rebuffing an unsolicited $11 billion takeover approach from MGM Resorts International. (Bloomberg) -- Entain Plc, the owner of Ladbrokes betting shops, is considering making a bid for some William Hill asset...

May 18 2021, 11:56 AM May 18 2021, 9:30 AM May 18 2021, 11:56 AM (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. International Monetary Fund resources should be used to buy out holders of African bonds and avert a crisis as a global push for debt relief runs aground, the head of the continentâ€�...

Rothschild Taps Argentina Crisis Veteran for Mideast Turnarounds May 17 2021, 5:39 PM May 17 2021, 12:27 PM May 17 2021, 5:39 PM (Bloomberg) -- Rothschild & Co. is set to hire a veteran of Argentina’s financial crisis from Abu Dhabi Commercial Bank PJSC to help grow the boutique adviser’s debt and restructuring practice in the Middle East, according to people familiar with the matter. (Bloomberg) -- Rothschild & Co. is set to hire a veteran of Argentina’s financial crisis from Ab...

99 problems? Huge shortage has ice cream shops stocking up on Flakes 00:00:00 / 00:00:00     He explained: “About four to five weeks ago, the rep I buy my ice cream mix off said there’s going to be a huge shortage [of Flakes] this year. “I thought it was just a joke or whatever. But we got a good stock in, and [the rep] maintains they’re unavailable anywhere - even in Europe. “They can’t make them fast enough, I think. They used to make them in Dublin, then they went to England, a...

(Bloomberg) -- Hungary moved into pole position to implement the European Union’s first interest-rate hike since the pandemic as soaring inflation prompts policy makers to act in the bloc’s east.

(Bloomberg) -- Zambia is working on a time line for the reform agenda it’s agreed with the International Monetary Fund, as the government of Africa’s first pandemic-era sovereign defaulter seeks to reach a deal on an economic program, the Finance Ministry said.

Genworth Falls After Delaying Mortgage IPO on Volatility May 14 2021, 4:22 AM May 13 2021, 7:29 PM May 14 2021, 4:22 AM (Bloomberg) -- Genworth Financial Inc. shares declined after the company postponed a planned initial public offering for its Enact Holdings Inc. unit, citing volatility in the mortgage-insurance market. (Bloomberg) -- Genworth Financial Inc. shares declined after the company postponed a planned initial public offering for its Enact Holdings Inc. unit, citing volatility in the ...

The Real Reason Why U.S. Bond Yields Are Stuck May 14 2021, 12:41 PM May 14 2021, 9:30 AM May 14 2021, 12:41 PM (Bloomberg Opinion) -- Here’s a conundrum. Why, when growth and inflation are picking up sharply, are U.S. bond yields stuck at modest levels? Yields on 10-year Treasuries are lower now than at the end of March, despite this week’s blowout inflation numbers and accelerating growth. The Federal Reserve wants you to believe this is because the inflationary spurt is temporar...

(Bloomberg) -- Bonds in South Korea and Thailand appear to be the most at risk in Asia as U.S. inflation expectations increase, according to a Bloomberg study.

May 14 2021, 4:47 PM May 14 2021, 3:41 AM May 14 2021, 4:47 PM (Bloomberg) -- Chile’s central bank held its benchmark interest rate at a record low and said borrowing costs would stay at that level as long as needed for the economic recovery to strengthen. (Bloomberg) -- Chile’s central bank held its benchmark interest rate at a record low and said borrowing costs would stay at that level as long as needed for the economic recovery to strengthen. The bank board, led by its President M...