Macquarie Asset Management sold its first US collateralized loan obligation earlier this month, while hedge fund Arini, run by former Credit Suisse Group AG star trader Hamza Lemssouguer, priced its debut US CLO in April. Anthelion Capital, an AI-based asset management platform, is also looking to come to market in the next few weeks, and […]
To be sure, Meloni has been caught up in a complex balancing act with regard to Trump, coming under pressure both at home and abroad. Bloomberg has previously reported that while the Italian leader has been privately startled by his remarks, she has however chosen to avoid criticism of him at all costs, sometimes going […]
“I told them, if they insisted on coming in, we would burn the ship that night,” recalled Kuo Chien-ping, one of the movement’s leaders. Onshore, residents armed with rocks and bottles they claimed were filled with gasoline — it was actually water — lined the pier prepared to defend their island, also known as Lanyu. “It […]
Joumanna Bercetche: $600 billion was the headline figure that the White House put out after that bilateral meeting that took place between the Crown Prince and President Trump. Later on, Crown Prince MBS in a speech said that they’re working to increase that figure to $1 trillion of actual deals though. From what we understand, […]
“What’s really exciting about this is that it’s a local-currency facility” so the company doesn’t have to take foreign-exchange risk, Anish Thakkar, a co-founder of the company, said in an interview. It “allows us to provide the most affordable financing to customers,” he said.
After becoming the first major US crypto company to be listed on an exchange almost four years ago through a direct listing, shares of Coinbase jumped some 260% in the past two years, valuing the company at roughly $53 billion. Those gains belie a roller-coaster ride for investors following a series of scandals hitting the […]
“CPI categories that are China import-intensive — such as toys, shoes, and apparel – may see modest inflation,” Bloomberg Economics forecasters led by Anna Wong wrote in a note Monday. “Retailers are finding it difficult to pass on higher prices without suffering a sharp drop in demand — though they’ll still try. If that effect […]
In Canada, Prime Minister Mark Carney is set to unveil a new cabinet tasked with an ambitious economic agenda, including removing internal trade barriers and reorienting exports away from the US. Home sales for April will offer insight into a spring slump, while Ontario, the country’s most populous province, releases its budget.
“The president continues to roll back environmental and climate change protections, this time illegally stripping away billions of dollars for electric vehicle charging infrastructure, all to line the pockets of his Big Oil friends,” California Attorney General Rob Bonta said in a statement. New York, Washington, Colorado and Oregon are part the coalition that filed […]
Analysts and pundits have said repeatedly in recent years that shale fields in the US, the world’s top oil producer, are poised to peak. Yet, the industry has proved them wrong by innovating and driving output to fresh records year after year. So the assertion by Diamondback — the Permian’s top pure-play shale producer — […]