Caleb Mutua News Today

Pharmaceutical giant AbbVie Inc. is looking to sell at least $13 billion of corporate bonds to help fund its acquisitions of ImmunoGen Inc. and Cerevel Therapeutics Holdings Inc., according to people with knowledge of the matter.

(Bloomberg) -- Pharmaceutical giant AbbVie Inc. sold $15 billion of bonds in the US investment-grade market on Thursday to help fund its acquisitions of ImmunoGen Inc. and Cerevel Therapeutics Holdings Inc., adding to a recent rush of buyout financings. Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesStocks Rally as AI Craze Sweeps Across the World: Markets WrapT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Says Mobile Network Restored as ...

(Bloomberg) -- Procter & Gamble Co.’s $1.35 billion debt sale is flashing one of the clearest signals yet that investors are binging in corporate debt markets before the Federal Reserve can pull interest rates lower.Most Read from BloombergRussia Says Ukraine Downed Plane Carrying Prisoners for SwapTrump Races Toward 2024 Biden Rematch After New Hampshire WinApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028Billionaire Joe Lewis Pleads Guilty in Insider Tra...

(Bloomberg) -- Mexico tapped international debt markets on Tuesday, kicking off bond sales from Latin American governments this year and marking the country’s first new issuance in more than eight months. Most Read from BloombergIran Sends Warship to Red Sea After US Sinks Houthi BoatsTokyo Runway Collision Leaves 5 Dead, Airbus Aircraft AblazeUS Pressured Netherlands to Block China-Bound Chip MachineryIndia’s Crude Oil Imports From Russia Plunge on Payment IssuesElectric Car Model...

(Bloomberg) -- Broadcom Inc. is moving closer to selling a potential jumbo investment-grade bond after scoring approval from the European Union’s merger officials for its $61 billion acquisition of VMWare Inc. Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsSaudi Arabia’s PIF Wealth Fund Takes $11 Billion Investment Hit‘Pivotal’ US CPI Report to Show Lowest Core Inflation Sin...

Embattled billionaire Gautam Adani is in talks with creditors to prepay some loans backed by pledged shares as he seeks to restore confidence in his sprawling…

We have a risk management balance to strike, and we think that slowing down at this point is a good way to balance the risks of over-tightening.

Credit market rallies most in two years as inflation abates. The Goldman Sachs Short Index surged 10.9% Thursday, with a two-day 17.5% spike. Read more here.

Surging consumer inflation may have been the catalyst, but the unfolding crisis has been decades in the making. Click here to read more.

The incorporation of environmental, social and governance (ESG) practices in guiding corporate decision-making in Latin America is following a growing global trend of focus on sustainability...