DiCaprio-Backed Film Says Key Beef Supplier to the US Has a Dirty Secret
Nicaragua sells meat from illegal ranches, documentary claims
Bloomberg Business
Amazon Cracks Down on Employees Who Stay Away From the Office
Amazon.com Inc. is cracking down on US workers who have ignored its return-to-office guidelines, in the latest example of companies attempting to reduce the amount of time employees work remotely.
South Africa’s Ex-Leader Zuma Is Freed as Thousands Released
South African President Cyril Ramaphosa granted clemency to thousands of non-violent offenders, including his predecessor Jacob Zuma who was convicted of contempt of court.
Puerto Rico’s Bankrupt Utility Strikes Tentative Deal With Bondholders
Puerto Rico’s bankrupt power utility reached a tentative agreement with a “substantial number” of its bondholders, according to a federal oversight board, and received another week to finalize a potential deal to reduce nearly $9 billion of debt.
Wall Street Banks ‘Energized’ for More M&A, KKR’s Thompson Says
The broadly syndicated debt market is ripe for Wall Street banks that are regaining their appetite for underwriting mergers and acquisitions, according to Cade Thompson, head of US debt capital markets at KKR & Co.
Zelenskiy Fires Top Military Draft Officers in Anti-Graft Push
Ukrainian President Volodymyr Zelenskiy dismissed all regional heads of military recruitment in his country to root out corruption as he seeks to maintain morale in the face of a grinding counteroffensive against the Russian army.
Novo Nordisk’s Growth Camouflages Weak Spots in Danish Economy
The massive growth of Novo Nordisk A/S is concealing weaknesses in Denmark’s economy, which would have stagnated over the past year and a half without its pharmaceutical industry.
US Housing Market Recoups $3 Trillion Lost in Recent Slowdown
The US housing market has regained the nearly $3 trillion in value that was wiped out during the past year’s slowdown, according to an estimate from brokerage Redfin Corp.
FC Barcelona to List Media Unit in NY in $1 Billion SPAC Deal
Spanish football’s FC Barcelona will list its content creation unit Barca Media in the US via a merger with a special purpose acquisition company that values the combined entity at $1 billion.
Norway’s $1.4 Trillion Wealth Fund Wants ESG Ratings Overhauled
Norway’s $1.4 trillion wealth fund is backing a European Commission proposal to overhaul the ESG ratings industry amid concerns that a lack of transparency and consistency among score providers is undermining confidence.
