The owners of Jets AS are considering a potential sale that could value the Norwegian vacuum sanitation systems group at around 5 billion kroner ($525 million), according to people with knowledge of the matter.
Canada’s largest publicly traded engineering firms are seeking to downplay concerns that artificial intelligence might disrupt their business models, arguing AI will boost demand for their services.
The US 30-year yield has scope to reach 6% as this month’s Treasury market selloff has yet to price in the risk of a sustained increase in productivity growth, the head of US rates research at Barclays Capital said in a report.
Piper Sandler is in talks to acquire Perella Weinberg Partners, according to a person familiar with the matter. While nothing is finalized, the banks could reach a deal in the coming weeks, said the person, who asked to not be identified because the discussions are private. Sridhar Natarajan has more on "Bloomberg Open Interest." (Source: Bloomberg)
The loan portion of Paramount Skydance Corp.’s $52 billion debt package for its acquisition of Warner Bros. Discovery Inc. was increased after it generated strong investor demand.
Lithuanian Prime Minister Mindaugas Sinkevicius discusses threats from Russia and the potential of permanently hosting US troops. Sinkevicius is trying to bolster his country’s security as the Kremlin’s full-scale invasion of Ukraine increasingly spills over into the NATO's eastern flank. He talks with Bloomberg's Oliver Crook in Brussels. (Source: Bloomberg)
Stellantis NV said it will temporarily suspend operations at some plants in France next month amid a shortage of long-range electric-vehicle batteries and efforts to contain dealer inventories.
La ofensiva migratoria de Trump está cambiando la relación de muchos inmigrantes con los bancos en EE.UU. Algunos retiran el efectivo, piden menos préstamos y enfrentan mayores trabas para acceder al crédito. (Source: Bloomberg)
Mexico’s pension funds pushed their holdings of government peso debt to a record in August, helping underpin demand as global volatility roils foreign investors in the expanding market.
The Securities and Exchange Commission staff issued a statement about valuing private assets as holdings become harder to sell and investor redemption requests surge. Kat Hidalgo has more on "Bloomberg Open Interest." (Source: Bloomberg)
A vessel carrying vehicles briefly became stuck at Dusseldorf harbor due to critically low water levels on the Rhine River, in one of the latest examples of how this year’s extreme weather is threatening transport.
Jefferies Financial Group's asset-management unit revenue slumped more than 50% in the fiscal third quarter, totaling $85.6 million in the three months through August. Bloomberg Intelligence's Neil Sipes has more. (Source: Bloomberg)
O presidente Luiz Inácio Lula da Silva e o senador Flávio Bolsonaro estão empatados com 48% dos votos na reta final da corrida presidencial, segundo nova pesquisa AtlasIntel para a Bloomberg News. Produção de Patricia Xavier e edição de texto de Daniel Carvalho e Andrew Rosati. (Source: Bloomberg)
Yields on the US Treasury’s longest-dated bond rose for a sixth straight day, crossing another key threshold amid a deepening selloff across global debt markets.
Anders Persson, fixed income CIO at Nuveen, sees “sort of a toxic mix here that’s pushing yields higher and higher” and says his firm is moving more neutral at this point and is “not quite comfortable going long duration yet.” He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
The board of Goldman Sachs Group has discussed a plan for John Waldron to succeed David Solomon as CEO as early as next year. Jennifer Surane has more on "Bloomberg Open Interest." (Source: Bloomberg)
Carnival Corp. raised its full-year outlook as demand for future sailings — particularly in Europe — hits the highest-level ever during the quarter. The shares rallied.
