Category: Business
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Leaking wells and toxic water are threatening the Permian basin, a cornerstone of global oil markets. Source: Bloomberg Markets.
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Hong Kong is lowering its threshold for home purchases by people applying for an investor visa to bolster the city’s property market. Source: Bloomberg Markets.
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StubHub Holdings Inc. is pricing its initial public offering at the midpoint of a marketed range, according to people familiar with the matter. Source: Bloomberg Markets.
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Tether Holdings SA unveiling a US-regulated stablecoin. The token will be launched in partnership with Cantor Fitzgerald LP and Anchorage Digital Bank NA and the project is designed to be compliant with the Genius Act. Tether CEO Paolo Ardoino and Tether USAT CEO Bo Hines join “Bloomberg Crypto” to discuss. (Source: Bloomberg) Source: Bloomberg Markets.
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Ahead of Donald Trump’s State visit to the UK, former UK ambassador to the US, Sir Peter Westmacott says: “The standing up to Donald Trump argument, the Love Actually moment with Hugh Grant if you like, it’s tempting if you like as an observer or for media purposes.” Speaking with Guy Johnson, Anna Edwards and…
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A Chinese biotech firm has skyrocketed more than 4,500% in the three months since its Hong Kong debut, stoking worries of speculative buying. Source: Bloomberg Markets.
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Gary Vaynerchuk, VaynerMedia CEO, says Stan is a tool content creators can use to launch their online businesses, calling it a “Swiss Army knife that can do it all.” John Hu, Stan founder and CEO, tells Romaine Bostick and Katie Greifeld on “The Close” that creators must think “omnichannel” and use Stan to build across…
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US Energy Secretary Chris Wright talks about the future of nuclear energy in the US, climate change and exporting more energy. He speaks on “Bloomberg Tech.” (Source: Bloomberg) Source: Bloomberg Markets.
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BlackRock Inc. is converting two mutual funds — managed by Chief Investment Officer of global fixed income Rick Rieder — into ETFs to better fit the strategies into the firm’s booming model-portfolio ecosystem. Source: Bloomberg Markets.
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Singapore new home sales rose to their highest in nine months in August, underscoring a recent resurgence in demand as a slew of projects hit the market. Source: Bloomberg Markets.