Chile Taps Global ESG Market for Second Time in Two Days
Chile is tapping global markets for this second time this week as it seeks to exchange yet more outstanding notes for newly issued euro-denominated sustainability-linked bonds.
Bloomberg Business
Billionaires and Bureaucrats Mobilize China for AI Race With US
A ChatGPT-inspired global wave of AI activity is only just beginning in the next battle for supremacy in technology.
‘Bidenomics Is Working’ in Contrast to GOP’s Trickle-Down Approach, President Says
President Joe Biden touted his economic agenda, contrasting it with the small-government philosophy Republicans have espoused for decades, as he sought to persuade skeptical voters the economy is thriving and bolster his reelection prospects.
Fugitive Venture Capitalist Ordered to Surrender $64 Million in SEC Case
A former venture capital fund manager who fled to India to avoid fraud charges was ordered by a US appeals court to surrender $64 million to the SEC, though the regulator will need to determine if assets like real estate, jewelry and a Hermès handbag are actually owned by him or his wife.
OPEC Shuts Bloomberg, Reuters and WSJ Out of Oil Conference
OPEC has canceled accreditation for reporters from three major news organizations to cover a conference in Vienna that will feature the head of BP Plc and the European Union’s top energy official.
Biden-McCarthy Deal Fails to Tame US Debt as Republicans Demand Cuts
The debt-limit accord between President Joe Biden and House Speaker Kevin McCarthy won’t stave off a long-term fiscal crisis, non-partisan US budget analysts warned Wednesday, adding fuel to fiscal conservatives’ push for deep spending cuts.
Invitation Homes Nears a Deal for 2,000 Starwood Rentals
Starwood Capital Group is nearing an agreement to sell a portfolio of rental houses to Invitation Homes Inc., according to people familiar with the matter.
Lowell Weicker, Connecticut’s Maverick Republican Senator, Dies at 92
Lowell Weicker, the Republican senator who helped lead the Watergate investigation that resulted in President Richard Nixon’s resignation, has died. He was 92.
NYC Faces Poor Air Quality as Smoke From Canada Fires Heads East
New York City, Long Island and New Jersey have been hit with air-quality alerts as another plume of smoke from Canadian wildfires swirls down across the Great Lakes and into the eastern US.
New York Teachers’ Pension Looks to Sell $6 Billion of Private Assets
New York State Teachers’ Retirement System is looking to unload $6 billion of private assets on the secondary market, making it one of the year’s largest sales.
