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Category: Economy

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Latest News (18161 articles)

Economy Bloomberg
153d ago
Nordea Drops Crypto Misgivings, Allows Bitcoin Fund Access

Nordea Bank Abp is giving up on its previous reluctance to embrace cryptocurrencies in a clear sign how the banking …

Nordea Bank Abp has lifted its restrictions on cryptocurrency investments, indicating a shift in the … High (90%)
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Economy Bloomberg
153d ago
Private Credit Enters the Equity Business as Borrowers Struggle

Private credit firms are in the business of lending, not owning. But as more borrowers start to struggle with their …

Private credit firms are shifting their focus from lending to owning equity in struggling borrowers … High (80%)
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Economy Bloomberg
153d ago
New York Solicits Developers, Host Communities for New Reactors

New York is moving forward with its plan to develop at least 1 gigawatt of nuclear power, issuing a pair …

New York is seeking developers and host communities for new nuclear reactors, aiming to develop … High (80%)
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Economy Bloomberg
153d ago
Alibrahim on Saudi Arabia's GDP Growth

Saudi Arabia’s Economy Minister Faisal Alibrahim told Bloomberg’s Joumanna Bercetche that the Kingdom expects total GDP growth of 4.8–5.1% in …

Saudi Arabia's Economy Minister expects GDP growth of 4.8-5.1% in 2025 and 6.5% in 2026, … High (90%)
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Economy Bloomberg
153d ago
Russian Fuel Exports Plunge Amid Refinery Outages, New Sanctions

Refined fuel exports from Russia have tumbled to war-time lows, as a combination of refinery outages and tightening Western sanctions …

Russian fuel exports have plummeted to war-time lows due to refinery outages and new sanctions, … High (90%)
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Economy Bloomberg
153d ago
Cleveland-Cliffs Names Posco as Mystery Firm Behind Partnership

Cleveland-Cliffs Inc. named South Korean steelmaker Posco Holdings Inc. as its new strategic partner, identifying the firm behind a deal …

Cleveland-Cliffs Inc. has revealed Posco Holdings Inc. as its strategic partner, confirming a deal announced … High (80%)
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Economy Bloomberg
153d ago
Convertible Bond Boom Delivers Hedge Fund LMR’s Traders 30% Gain

A team of traders specializing in convertible bonds at multistrategy hedge fund LMR Partners is on track for record yearly …

LMR Partners' traders specializing in convertible bonds are on track for a 30% gain this … High (90%)
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Economy Bloomberg
153d ago
Why Did the Fed Cut Rates Again?

Is the Fed’s inflation target still 2%? If so, the board has a funny way of showing it, Bloomberg Opinion …

The article questions the Federal Reserve's commitment to its 2% inflation target, suggesting that recent … High (80%)
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Economy Bloomberg
153d ago
AI Spending Spree Rattles Wall Street

The biggest names in tech are spending at a record pace to power their AI ambitions — over $78 billion …

Big tech companies are spending a record $78 billion on AI infrastructure, testing investor patience … High (80%)
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Economy Bloomberg
153d ago
Adler Pelzer’s Bondholders Sign NDAs as Debt Talks Step Up

Some Adler Pelzer Holding GmbH bondholders have signed non-disclosure agreements, a sign that talks between the auto parts maker and …

Bondholders of Adler Pelzer have signed NDAs, indicating intensified debt refinancing talks between the company … High (80%)
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Economy Bloomberg ⭐ FEATURED
153d ago
ECB Keeps Rates Unchanged for Third Meeting

The European Central Bank left interest rates unchanged for a third meeting, with inflation in check and the economy continuing …

The European Central Bank maintained interest rates at 2% for the third consecutive meeting, citing … High (80%)
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Economy Bloomberg
153d ago
SPACs Are Booming Again. Here’s How They Work.

SPACs, the speculative investment vehicles that surged in popularity five years ago, are having a revival. SPACs, or special purpose …

SPACs, a type of shell company, are experiencing a resurgence in popularity, allowing them to … High (70%)
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