Amsterdam to Ban Cruise Ships to Control Tourism, Pollution
Amsterdam voted to ban cruise ships in an effort to cut back on the inflow of tourists and reduce pollution from the giant vessels.
Bloomberg Business
Indian Billionaire Buys Russian-Linked London Mansion for £113 Million
Indian billionaire Ravi Ruia bought a £113 million ($145 million) London mansion linked to Russian property investor Andrey Goncharenko in one of the UK capital’s biggest residential deals in recent years.
Glencore Says Trading Unit May Earn $4 Billion This Year
Glencore Plc said it expects annual profit of $3.5 billion to $4 billion from its commodity trading business, reiterating that the unit remains on track to beat its long-term target for a fourth straight year.
US Recession Becomes Closer Call as Economists Rethink Forecasts
Some of the forecasters who were first out of the box to predict a US recession are starting to hedge their bets as inflation ebbs and the economy remains resilient.
Thailand Taps Interpol to Apprehend Fugitive Stark Ex-Chairman
The former chairman of Stark Corp., a Thai industrial cable maker at the center of an accounting scandal and debt defaults, has been flagged to Interpol by local authorities seeking to apprehend him.
Secret Villas Inside Hotels Are the Ultimate in Quiet Luxury
They’ve been sprouting up by the dozens: almost impossible to find or book online, highly private and exclusive, and with price tags that can exceed $30,000 per night.
China’s Ultra-Long Bonds Are All the Rage on Economic Gloom
China’s ultra-long government bonds are seeing heated demand as the economy’s dire outlook and expectations for modest stimulus drive bets for further gains.
Microsoft-Activision Antitrust Win Raises M&A Revival Hopes
Microsoft Corp.’s success fighting the Federal Trade Commission’s challenge to its $69 billion Activision Blizzard Inc. acquisition could ease the path to more deals at a time when Wall Street has been confronting a severe merger drought.
If Trump Wins a Second Term, He’ll Target His Enemies, Migrants and China
If Donald Trump returns to the White House in 2025, he’ll bar babies born in the US from automatically claiming citizenship, ban transgender people from the military, hold elections for school principals and swiftly end the war in Ukraine.
Japan Insurers With $2.7 Trillion Still Keen to Invest Overseas
Japanese life insurers plan to send more of their $2.7 trillion in investment money abroad, even after surging interest rates prompted them to dump billions of dollars of foreign bonds last year.
