Tag: Bloomberg
Bronfman Makes $4.3 Billion Bid for Control of Paramount Global
(Bloomberg) -- Edgar Bronfman Jr. has formally submitted a $4.3 billion bid to take control of Paramount Global and quash an existing offer...
Political Turmoil Threatens Baht Resurgence as Traders Await BOT
(Bloomberg) -- The Thai baht’s recent rally is under threat as markets digest the nation’s latest political drama ahead of this week’s central...
Thaksin’s Daughter Paetongtarn Shinawatra Becomes Thailand’s New Prime Minister
(Bloomberg) -- Paetongtarn Shinawatra, a daughter of former Thai leader Thaksin Shinawatra, won a parliament vote to become the Southeast Asian nation’s new...
Treasury Yields Rise Sharply as Data Rules Out Big Rate Cuts
(Bloomberg) -- US Treasury yields surged after resilient US economic data prompted traders to lower their expectations of aggressive Federal Reserve interest-rate cuts...
JPMorgan Says Three Quarters of Global Carry Trades Now Unwound
(Bloomberg) -- Three-quarters of the global carry trade has now been removed, with a recent selloff erasing this year’s gains, according to JPMorgan...
Berkshire Cuts Apple Stake by Almost Half in Selling Spree
(Bloomberg) -- Berkshire Hathaway Inc. slashed its stake in Apple Inc. by almost 50% as part of a massive selling spree in the...