Bloomberg Business

Punk-Rock Football Club Rejects Lure of Private Equity Billions

A German football club famed for its progressive politics and social activism has become the first to speak out publicly against a plan to raise as much as €2 billion ($2.2 billion) by selling broadcasting rights to a private equity group.

Steve Cohen Is ‘Pretty Bullish’ on Markets Thanks to AI

Steve Cohen said investors are too worried about a market downturn and that focusing too much on recession odds may cause them to miss the “big wave” of opportunities brought on by artificial intelligence.

Barclays, Morgan Stanley Lead Banks Into Milestone CO2 Deal

A group of banks led by Barclays Plc and Morgan Stanley is working on a compromise deal to unlock a months-long stalemate that’s stalled efforts to calculate and disclose the carbon footprints of the industry’s capital-markets operations.

Shell Plans Sale of French Floating Wind Power Unit Eolfi

Shell Plc is seeking to sell French floating wind developer Eolfi, a potential retreat from one element of its renewable power plans as new Chief Executive Officer Wael Sawan pushes to deliver greater value to shareholders.

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