Category: Business

Goldman Sachs Group Inc. is promoting the smallest proportion of women to managing director since Chief Executive Officer David Solomon took the top job in 2018. Women comprise 27% of Goldman’s new managing director class, according to numbers released by the firm earlier this month. That compares with 31% in the last set of managing director promotions in 2023. Nicole Reboe,…

Brazil will keep pushing to get further tariff relief from the US on coffee exports after US President Donald Trump’s decision to lower levies barely impacted its largest supplier. Source: Bloomberg Markets.

Ethiopia confirmed its first outbreak of Marburg virus disease after sending samples from a cluster of suspected cases of viral hemorrhagic fever for testing earlier this week. Source: Bloomberg Markets.

McKinsey & Co. has criticized the culture and leadership at ANZ Group Holdings Ltd., saying employees at the Australian bank are reluctant to challenge and deliver bad news, the Australian Financial Review reported. Source: Bloomberg Markets.

“I’ve been able to get behind the last two cuts, and we’ll see what happens for this next one,” Federal Reserve Bank of Atlanta President Raphael Bostic says during an event in Seattle. (Source: Bloomberg) Source: Bloomberg Markets.

Treasuries stalled as traders awaited a raft of delayed economic data with the potential to revive expectations for Federal Reserve interest-rate cuts. Source: Bloomberg Markets.

Former Manchester United star Rio Ferdinand, who has turned his focus to investing in sports businesses, says the way younger audiences consume football is reshaping the industry and that companies need to adapt fast. He spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche. (Source: Bloomberg) Source: Bloomberg Markets.

Francine Lacqua talks with Franklin Templeton CEO Jenny Johnson about how to steer a $1.6 trillion business amid the rise of AI, shifting politics and booming private markets. (Source: Bloomberg) Source: Bloomberg Markets.

Ross Gerber, co-founder and CEO of Gerber Kawasaki Wealth and Investment Management, reacts to the Wall Street Journal report that Paramount, Comcast and Netflix are preparing bids for Warner Bros. He speaks on “Bloomberg The Close.” (Source: Bloomberg) Source: Bloomberg Markets.