Bloomberg Business

Apollo Global Management Inc. said it would sell as much as $1.15 billion of convertible stock aimed at helping its Athene unit seize on market turbulence.

Stocks rebounded after posting their worst week since March as earnings rolled in. Treasuries fell as remarks from a Federal Reserve official signaled interest rates could remain higher for longer to tame inflation pressures.

Starwood Property Trust Inc. says a debt sale at a discount is a possible option for money tied up in a $230 million loan on the beleaguered American Dream mall and entertainment complex in New Jersey’s Meadowlands.

The yen has weakened in the wake of the Bank of Japan’s surprise tweak to its yield curve control program, a fact that won’t go unnoticed by central bank officials after Governor Kazuo Ueda took the unusual step of acknowledging that currency issues were considered in making policy decisions.

Pressure from foreign investors has spurred a serious move among Japanese companies to look for more female board members this year, according to a startup chief that helps firms do just that.

Lucid Group Inc. assured investors it’s on track to its achieve full-year production target after the maker of luxury electric sedans posted worse-than-expected quarterly results.

Venezuela’s opposition-led National Assembly is finalizing an agreement with international creditors to extend a legal deadline on $60 billion of defaulted bonds that threatened to trigger an avalanche of litigation, according to people with knowledge of the plan.