Bloomberg Business

EU’s Google Feud Aids Russian Rival Blamed for Kremlin Lies

The European Union’s crackdown on Google’s Android has led to an unintended consequence: boosting the popularity of Russia’s favorite search-engine, accused by the bloc of spreading Kremlin propaganda about the invasion of Ukraine.

FTX Sent Email to Sculptor, Customers Promising Money Was Safe

In an email a few months before FTX collapsed, the company falsely promised institutional customers, including hedge fund Sculptor Capital Management, that their assets would be safe in the event of an insolvency, according to a former FTX lawyer who testified at the trial of Sam Bankman-Fried.

American Air Beats for Quarter, Cuts Forecast on Higher Fuel

American Airlines Group Inc. topped Wall Street’s expectations for third-quarter profit even as its forecast for the rest of the year fell short, underscoring the choppy environment as carriers are battered by climbing jet fuel prices.

Private Credit Managers Seek Retail Investors in Beverly Hills

As some of the largest managers in the $1.5 trillion private credit market gathered for an industry conference in Beverly Hills this week, one question dominated discussions on and off stage: how to convince smaller investors to join in.

Close Bitnami banner
Bitnami