Bloomberg Business

Buyout Group Reevaluates Its Pursuit of EBay-Backed Adevinta

Adevinta ASA shares fell the most since March 2020 after people with knowledge of the matter said a consortium backed by Permira and Blackstone Inc. is reconsidering its pursuit of the European online classifieds company, threatening a deal that would have ranked among the year’s biggest buyouts.

Japan Investigates Google Over Alleged Antitrust Violations

Japan’s antitrust watchdog has begun an investigation into whether Alphabet Inc.’s Google abuses its market position to block rival services, compounding scrutiny of the internet leader’s business practices across the globe.

UniCredit Offers to Buy Greece’s Stake in Alpha Bank

UniCredit SpA offered to buy the Greek state’s 9% holding in Alpha Bank and agreed to acquire Alpha’s local unit in Romania, in a strategic deal aimed at expanding its presence in central and eastern Europe.

Tensions Escalate After Chinese, Philippines Vessels Collide

Tensions over the South China Sea escalated Monday with China filing a diplomatic complaint, the Philippines summoning Beijing’s ambassador, and President Ferdinand Marcos Jr. ordering a probe a day after vessels from both nations collided in the disputed waters.

‘World’s Safest Asset’ Proves Anything But Amid Wild Treasuries

A surprisingly strong US economy and mixed signals from the Federal Reserve have fueled some of the wildest swings in Treasuries in recent memory. Add geopolitical angst and a surge in debt supply and you have a recipe for sustained volatility for months to come, market watchers say.

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