Toronto Exchange Fights to Keep Stock Listings in Canada Over US
The Toronto Stock Exchange is in a battle to keep Canadian companies listing their shares at home as a stream of firms opts for US exchanges instead.
Bloomberg Business
China to Hold ‘Major’ Military Activities Tuesday in Yellow Sea
The Chinese military planned to conduct “major military activities” in the Yellow Sea, the country’s maritime agency said, without elaborating on the nature of the plans.
Bond Buyers See ‘Best Bang for Buck’ in EM as Hiking Cycles End
With inflation easing around the world and many central banks nearing the end of their interest rate hikes, a growing chorus of investors say the best place for bond buyers to juice returns is in emerging markets.
LVMH Gets Bumper Demand For Its First Bond Sale Since 2020
Investors piled in for LVMH’s first debt sale in three years, as the luxury goods maker seized on stellar quarterly results as well as calmer conditions in Europe’s credit market.
Ben & Jerry’s Employees Move to Unionize Flagship Vermont Store
Workers at the flagship Ben & Jerry’s scoop shop in Burlington, Vermont, have launched a bid to unionize, saying that they lack a voice in workplace decisions.
These Are the Key Foreign Power Brokers in the Sudan Conflict
Fighting between the Sudanese army and the Rapid Support Forces paramilitary group has claimed the lives of at least 97 civilians, set back hopes of a return to civilian rule after a 2021 coup and sparked fears of a full-blown civil war.
Mass ESG Fund Downgrades That Rocked Market May Be Reversed
A mass wave of downgrades that shocked investors as they watched Europe’s top ESG designation get stripped from almost $200 billion may now be reversed.
SpaceX Delays Launch of Starship Rocket Moments Before Liftoff
Elon Musk’s SpaceX delayed the highly anticipated launch of its next-generation Starship rocket, putting off for at least two days a key step needed to eventually send crewed missions into deep space.
Credit Suisse Saw $4.4 Billion Fund Outflows Since UBS Deal
Credit Suisse Group AG saw clients pull $4.4 billion from US and European funds since the lender agreed to be acquired by rival UBS Group AG last month, with recent inflows suggesting the worst of the bleeding may be over.
Citigroup’s Head of MENA Antonios Leaves US Bank After 19 Years
Elissar Farah Antonios, one of the Middle East’s most experienced female bankers, is leaving Citigroup Inc. after almost two decades, according to people with knowledge of the matter.
