Bloomberg Business

Regional banks are poised to return to the debt markets in the biggest wave since June to meet new capital requirements in response to the failures of Silicon Valley Bank and Signature Bank.

Jimmy Buffett, the all-American musician turned mogul who spun his beach bum folk-rock hits into a prolific business empire, has died at 76.

SoftBank Group Corp. has lined up some of Arm Ltd.’s biggest customers as strategic investors for the chip company’s initial public offering, including Apple Inc., Nvidia Corp., Intel Corp. and Samsung Electronics Co., according to people familiar with the situation.

South African President Cyril Ramaphosa said lower spending is “not necessarily” the answer to the country’s fiscal challenges, even as his government grapples with declining revenue.

Canada’s Finance Minister Chrystia Freeland instructed three of the founding investors of Wealth One Bank of Canada to divest their stakes in the lender, Globe & Mail reported Saturday, citing documents obtained through an access to information request.

Russia’s defense ministry said Ukrainian forces attacked the Kerch Strait bridge  with seaborne drones — the latest bid to damage to span that connects the annexed Crimean peninsula to Russia’s mainland. All three attempts were repelled and the drones destroyed in Black Sea waters, Russia said. The bridge has been a target of multiple attacks by Ukraine and most recently suffered significant damage in July, when a roadway section buckled. Ukraine hasn’t commented on the latest incident. Russia i