Ratcliffe’s Ineos Markets New Bond After Boost From Iran War
Ineos Group, the heavily-indebted chemicals conglomerate helmed by Jim Ratcliffe, plans to raise €400 million ($468 million) from bonds to repay upcoming term loans.
Emerging Assets Drop as Middle East Flareup Weighs on Sentiment
The currency and stock benchmarks for developing economies declined as a flareup in the Middle East conflict reinforced concerns over a global inflation spike and curbed risk appetite.
Singapore’s Marina One Office Complex Said to Attract CapitaLand, Hongkong Land
CapitaLand Group Pte and Hongkong Land Holdings Ltd. are among possible bidders for the Marina One high-rise complex in Singapore’s central business district, according to people familiar with the matter.
Sadler Accused Bankers of Botching Block Trade as He Sold Stock
Segantii Capital Management founder Simon Sadler accused bankers of mishandling a block trade in fashion retailer Esprit Holdings Ltd. as his own firm was shorting the stock, a Hong Kong court heard on Tuesday.
The Iran War’s Clean Energy Lesson
If the Iran war has taught the world anything, it’s that oil is unreliable. Bloomberg Opinion columnist Lara Williams explains why that’s great news for clean energy. (Source: Bloomberg)
Fear of Losing Money and Better Investing Choices
Fear of losing money can push investors into rushed choices, missed chances, and poor timing. By understanding this fear, you can build calmer habits and make clearer decisions.
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EU Seeks ‘Reliable’ US Ties, French Trade Minister Says
French Trade Minister Nicolas Forissier discusses the trade relationship between the European Union and the US as President Donald Trump threatened to raise tariffs on cars and trucks from the EU to 25%. EU officials have said all options will be on the table if Trump follows through with the threat as the two sides work to implement the agreement. “There was an agreement last July, and so now we have to implement it,” Forissier tells Bloomberg Television. (Source: Bloomberg)
JPMorgan’s Faller Says Prepare for Shocks Even as Equities Rise
Madison Faller, investment strategist at JPMorgan Private Bank, says the economic backdrop is resilient and that earnings growth will drive markets higher, as long as the war in the Middle East doesn’t flare up again. “So that means positioning for upside, but also I think allocating toward shock absorbers,” Faller tells Bloomberg Television. (Source: Bloomberg)