Bunge, Chevron Buy Seeds Business to Meet Green Diesel Demand
Bunge Ltd. and Chevron Corp. acquired a seeds business in Argentina as they seek improve access to scarce feedstock needed to meet growing renewable diesel demand.
Bloomberg Business
Binance Australia Offices Searched by Regulator as Part of Derivatives Probe
Binance’s offices in Australia were searched by the country’s financial markets regulator as governments around the world turn up the heat on the biggest cryptocurrency exchange.
Coinbase Downgraded as Analyst Says Crypto Uncertainty Dims Outlook
The uncertainty swirling around Coinbase Global Inc. has made it too difficult to forecast how much revenue the company could earn, a Piper Sandler analyst said.
India Increases Africa Lending in Race to Counter China
Africa has become the second-largest recipient of credit from India as the country tries to catch up with China in expanding its influence in the resource-rich continent.
American Equity Accepts $4.3 Billion Brookfield Takeover Bid
American Equity Investment Life Holding Co. accepted a $4.3 billion cash and stock takeover bid from an arm of Canadian investment giant Brookfield.
Sunak Faces Green Backlash as Memo Exposes UK Funding Doubts
Rishi Sunak is under pressure to show his UK government will stick to its promises on tackling climate change, after a memo revealed officials’ doubts about hitting a £11.6 billion ($14.7 billion) funding target.
Hong Kong Police Arrest Four Ex-Members of Demosisto: SCMP
Hong Kong’s national security police arrested four men who had been members of now-disbanded political group Demosisto, South China Morning Post reported Wednesday, citing a person familiar with the case, as authorities kept up pressure on those associated with the Asian financial hub’s defunct protest movement.
Commercial Property Fears Create Opportunities, Blackstone Real Estate Co-Head Says
Fears over turbulence in commercial real estate is creating opportunities for well-capitalized investors, according to Blackstone Inc. co-head of global real estate Kathleen McCarthy.
German Landlords Face Risk of Large Cash Calls, Stifel Says
Germany’s real estate companies may need to undertake very large rights issues as refinancing becomes more challenging, according to analysts at Stifel Nicolaus & Co.
One More Fed Hike ‘Baked in Cake’: Evercore ISI’s Hyman (Video)
Evercore ISI founder and Chair Ed Hyman says anything more than one Federal Reserve rate hike is a mistake and will increase the likelihood of a recession. He speaks during an interview with Jonathan Ferro and Tom Keene on “Bloomberg Surveillance.”
