Global Dealmakers Suffer Worst January for M&A in Two Decades
The world’s dealmakers are enduring their worst start to a year in two decades, as economic and financing headwinds continue to prevent a bounceback in mergers and acquisitions.
Bloomberg Business
Georgia Wants Russia to Leave Its Land in a Ukraine Peace Deal
Georgia’s president said Russia must be required to abandon its nearly 15-year-long occupation of her nation’s territory as part of an eventual peace deal to end the Kremlin’s war in Ukraine.
DWS Star Manager Tim Albrecht Leaving Firm Amid Restructuring
DWS Group star stock picker Tim Albrecht is leaving the firm as Chief Executive Officer Stefan Hoops continues to revamp the top ranks at the asset management arm of Deutsche Bank AG.
EU Unveils a Green Investment Plan to Compete With US and China
The European Union unveiled a roadmap for how it plans to keep its industries competitive as the bloc tries to catch up to the US and China, which offer huge subsidies to domestic green technologies.
Casino Said to Discuss Merger of French Retail Arm With Teract
Casino Guichard-Perrachon SA is exploring a potential multibillion-dollar combination of its French retail operations with Teract SA, a challenger backed by billionaire Xavier Niel, people familiar with the matter said.
Iran Blames Foreign Spies, Iraq-Based Kurds for Drone Strike
Iran said a foreign security service and Kurdish groups were behind a drone attack on an Iranian ammunition depot last weekend which has escalated tensions in the energy-rich Persian Gulf.
Who Gained and Who Lost From India’s Federal Budget
Prime Minister Narendra Modi’s government delivered India’s annual budget on Wednesday that laid out a slew of measures to bolster infrastructure for creating more jobs and attract investment ahead of next year’s national election.
US Mortgage Applications to Buy a Home Drop by Most in a Month
Mortgage applications for home purchases in the US fell last week by the most in a month, indicating the housing market is struggling to gain traction despite a recent easing in borrowing costs.
Rates-Rocked Housing Markets Add Fuel to Bond Bulls’ Case
For bond investors looking to bet big on a rally this year, signs of distress in the world’s highly-leveraged housing markets are only adding to their conviction.
Renault, Nissan Director Deal Vote Seen With Hours to Spare
Renault SA and Nissan Motor Co.’s boards are set to greenlight a landmark deal to reshape their troubled two-decade alliance just hours before an official event unveiling more details of the plan, according to people familiar with the situation.
