Bloomberg Business

Creditor-on-Creditor Clashes Driven by FOMO, Fidelity Says

The rise of controversial debt deals that pit creditors of struggling companies against other lenders is being driven in part by a fear of getting left on the sidelines as rivals profit, according to Fidelity Investment’s Nathan Van Duzer.

Israel Faces Biggest Rocket Barrage From Lebanon Since 2006

Israel fought off a barrage of rockets from Lebanon on Thursday in the most sustained attack since a 2006 war, adding to tensions a day after a spike in confrontations in Gaza and Jerusalem that coincided with religious holidays.

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