Bloomberg Business

US Releases New Sanctions on Iranian, Russian Entities

The Biden administration issued new sanctions Wednesday on Iranian weapons makers and their alleged collaborators, sent new guidance to the private sector aimed at thwarting Iran’s proliferation goals and joined dozens of countries that say they’re committed to preventing Iran from spreading weapons around the world.

Biden Vows Aid for Gaza, Backs Israel Over Hospital Blast

President Joe Biden said Israel agreed to allow the flow of humanitarian aid to Gaza and cited US intelligence to support claims that Palestinian militants were to blame for a deadly hospital blast as he concluded a high-stakes visit to the region Wednesday.

Ukraine Recap: Zelenskiy Keeps Channels Open With Key Allies

President Volodymyr Zelenskiy discussed ways to strengthen Ukraine’s air defenses and protect grain shipments, as well as critical infrastructure, in calls Wednesday with the French president and the Norwegian prime minister.

Morgan Stanley Shares Plunge After Profit Drops on Slowdown

Morgan Stanley shares plunged the most since June 2020 after the firm’s dealmakers posted the biggest drop in fees on Wall Street and its wealth management unit had the lowest inflows in more than three years.

Thames Water Pays Up for First Bond Since Industry Chaos

Thames Water Ltd drew in bumper investor orders by paying a high premium for a new bond, the first such offering by a British water company since an industry blow up earlier this year exposed massive debt piles.

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