Telecom Italia Nearing Crossroads Decision on Network Sale
Telecom Italia SpA is nearing a decision about the sale of its landline network, a transformational deal for the former Italian phone monopoly that would be a first for a European carrier.
Bloomberg Business
Elizabeth Warren Says Binance Appears to Have Lied to Lawmakers
A pair of Senate Democrats wants the Justice Department to investigate whether crypto exchange Binance Holdings Ltd. lied to lawmakers about its business practices.
QT Will Soon Begin to Bite With 10% Hit to Liquidity, BNP Warns
The unwinding of balance sheets by major central banks will soon begin to bite, causing a massive siphoning of liquidity from markets, hitting risk assets while driving bond yields and the dollar higher, according to BNP Paribas SA.
Renewable Diesel Bubble Begins to Burst as Costs Spark Pullback
The US renewable diesel rush is losing steam as soaring costs eat into profits, prompting the world’s top crop trader and North America’s largest energy company to pull back on planned investments.
UK Union Blasts Amazon for ‘Dirty Tricks’ After Drive Fails
A union representing workers at an Amazon.com Inc. warehouse in Coventry, England withdrew its bid for official recognition and accused the tech giant of thwarting the unionization effort with “dirty tricks.”
Russia Throws Wheat Sale to Egypt Into Turmoil Over Price Floor
Egypt’s latest wheat tender has ended in dispute as an increasingly assertive Russian state tries to impose an unofficial minimum export price.
Wildfires Pose Workplace Conundrum: Stay Home or Come to the Office?
As millions of workers gaped at the thick haze enveloping the Northeast US this week, they faced yet another remote work conundrum: Should they commute in a smoky haze to a well-ventilated office or is it safer to stay home?
‘Old Economy’ Stocks Poised to Pick Up Slack When AI Mania Eases
For all the frenzy around AI, there’s a quiet investor backlash building against the tech oligarchy’s recent stock market run.
Cathie Wood Says Binance Legal Woes Good for Coinbase
Cathie Wood said Binance Holdings Ltd.’s US legal problems will benefit its rival Coinbase Global Inc.
Billionaire Glasenberg Nears Purchase of Bike Maker Pinarello
Ivan Glasenberg is nearing a deal to buy storied Italian bicycle maker Cicli Pinarello Srl, according to people familiar with the situation.
