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October 9, 2023
(Bloomberg) -- As bond markets everywhere get battered by a cocktail of higher interest rates, deficit angst and hawkish central bankers, one class of debt instrument is handing creditors double-digit returns: catastrophe bonds.Most Read from BloombergIsrael Latest: Netanyahu Vows Retaliation Has ‘Only Started’Schumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionStocks Shrug Off Losses After Fedspeak; Oil Climbs: Mark...
October 2, 2023
In a race to bridge the digital gap, Elon Musk's Starlink and Jeff Bezos' Project Kuiper are deploying fleets of low-Earth orbit satellites.
September 25, 2023
(Bloomberg) -- Some of the world’s biggest green investors are voicing dismay and bewilderment as they struggle to digest the UK government’s stated intention to wind back key climate commitments.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wake-Up CallBonds Resume Selloff as Hawkish Fed Talk Sinks In: Markets WrapHollywood Screenwriters ...
September 21, 2023
(Bloomberg) -- The Bank of England halted for now the most aggressive cycle of interest-rate rises in more than three decades as concerns about inflation gave way to signs the economy is slipping into a recession.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsPassalacqua in Italy’s Lake Como Is Named Best Hotel in t...
September 20, 2023
(Bloomberg) -- Shares of UK companies whose fortunes are tied to interest rates soared after data showed a softening in British inflation a day before the Bank of England’s latest policy announcement.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingTrudeau’s Murder Claim Risks Upending US Courtship of IndiaF-35 Debris Found After a $100 Million Fighter Jet Went MissingDollar Rally Is Crushing One of the Most Popular Trades of 2023A...
September 18, 2023
(Bloomberg) -- Bond deals arranged by Credit Suisse and Bank of America Corp. in connection with debt swaps for emerging-market issuers are facing renewed scrutiny, after the International Capital Market Association issued new labeling guidelines.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskHow Auto Executives Misread the UAW Ahead of Historic StrikeEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysUS, Chinese Officials Meet in Mal...
September 16, 2023
Four women allege sexual assaults between 2006 and 2013, one of whom said that Brand raped her
September 11, 2023
(Bloomberg) -- Bank of England policy maker Catherine Mann signaled she’s likely to support further interest-rate increases to combat inflation, warning that investors are pricing in an ever larger premium into UK assets to account for future price shocks.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayMeloni Tells China That Italy Plans to Exit Belt and RoadIndia ...
August 25, 2023
(Bloomberg) -- On a site in a deprived part of east London, the cracks in the UK economy are meeting the crisis at distressed developer Country Garden Holdings Co.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapModi and Xi Speak at BRICS Summit, Ask Officials to Resolve B...
August 20, 2023
They're betting the economy is only just starting to absorb the impact of five percentage points of Fed rate hikes.