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Chairman Cuts Stake; NEV in Asset-Sale Talks: Evergrande Update

Today News || (Bloomberg) — China Evergrande Group’s Chairman Hui Ka Yan cut his stake in the company for the…

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Business

The Most Important Number of the Week Is 6.2%

Today News || (Bloomberg Opinion) — It was the shot (of inflation) heard round the world. The Labor Department said…

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Business

China Markets Bonds; Property Sector Shrinks: Evergrande Update

Today News || (Bloomberg) — China Evergrande Group’s onshore real estate unit has yuan bond interest due Tuesday, in another…

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Business

CEO Who Built GitLab Fully Remote Worth $2.8 Billion on IPO

Today News || (Bloomberg) — Even in the quirky world of software development, GitLab Inc. stands out.  The company has…

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Jane Fraser Has a Plan to Remake Citigroup While Tormenting Rivals

Today News || (Bloomberg Businessweek) — One of Citigroup Inc.’s more serendipitous real estate investments turned out to be the…

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Business

Profit Panacea Is Badly Needed in This Stressed-Out Stock Market

Today News || (Bloomberg) — Six straight times, earnings season provided the definitive antidote to the stock market’s ills. That…

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Business

SoftBank-Backed Oyo Files to Raise $1.1 Billion in IPO

Today News || (Bloomberg) — India’s Oyo Hotels & Homes filed preliminary documents for an 84.3 billion rupee ($1.1 billion)…

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Business

N.Y. Readies for Worker Shortage; Singapore Record: Virus Update

Today News || (Bloomberg) — A group of federal workers and contractors filed suit against the U.S. government over its…

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Business

Stocks Gain, Treasuries Curve Flattens After Fed: Markets Wrap

Today News || (Bloomberg) — Stocks closed higher and the Treasury yield curve flattened after Federal Reserve officials signaled they…

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Business

With Industry in Crosshairs, Chile Pension Fund Downplays Risks

Today News || (Bloomberg) — Chile’s politicians are threatening to kill his business, but one of Latin America’s biggest fund…

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