Kevin Durant Launches Sports and Entertainment Advisory Firm
Phoenix Suns star Kevin Durant and his business manager Rich Kleiman are launching an advisory firm under the duo’s Boardroom sports, music and media platform.
Bloomberg Business
Intel CEO Says the Chipmaker’s Technology Is Central to AI Boom
Intel Corp. Chief Executive Officer Pat Gelsinger, plotting a comeback for the once-dominant chipmaker, made the case that the company’s technology will be vital to an industrywide boom in artificial intelligence computing.
Glencore’s US Head of Crude Trading Freshwater Resigns
Glencore Plc lost its head of crude trading in the US, Guy Freshwater, adding to a string of oil-trader departures. Ricardo Gomez also left the oil desk.
Banks Open Bond Floodgates for Turkey Inc. and Find Eager Market
The move to more orthodox policies is building investor confidence.
Macron and Starmer Discuss Trump, Sidestep Brexit in Talks
French President Emmanuel Macron and UK opposition Labour Party leader Keir Starmer discussed the possibility of a second Donald Trump presidency and the overall impact of US elections next year at a meeting in Paris.
First Grain Ship Since July Leaves Ukrainian Black Sea Port
The first grain ship in over two months left one of Ukraine’s Black Sea ports, as Kyiv seeks to defy Russia’s effective maritime blockade following the collapse of a safe-passage deal. Wheat prices fell.
Biden Urges UN to Stand by Ukraine as Allies See Long War Ahead
President Joe Biden urged world leaders to back Ukraine in its war against Russia, even as the country and its allies brace for the prospect of a long-term conflict, in a speech to the United Nations General Assembly.
Barclays to Goldman See Dealmaking Rebound: Future of Finance
Barclays Plc expects dealmaking to rebound in the first half of next year, the head of the lender’s German operations said, joining her counterpart at Goldman Sachs Group Inc. in painting a positive picture for the industry.
Citigroup and BNP Are Among Banks Exploring $15 Billion Indian Ocean Project
Citigroup Inc., BNP Paribas SA and Standard Chartered Plc are among the banks looking into providing financing for a new $15 billion program to protect Indian ocean habitats.
Pimco’s Browne Sees 15% Drop in S&P 500 From an Oil Price Shock
Skyrocketing fuel costs are one of the forces threatening to upend the stock market as policymakers try to navigate the US economy to a soft landing, according to Pimco’s Erin Browne.
