Optimism is building that a game-changing fund design that will help asset managers shrink clients’ tax bills and grow their ETF businesses will soon be approved by the US securities regulator.
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Publicat el April 17, 2025 a les 18:34
Fitch Upgrades Bausch + Lomb, Bausch Health But Keeps Both Junk
Fitch Ratings upgraded its credit grade on both Bausch + Lomb Corp. and its parent company Bausch Health Cos., but said the eye care unit’s ratings will continue to be under pressure unless the two separate.
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Publicat el April 17, 2025 a les 18:19
Chinese Tea Chain’s US Shares Rise 43% as IPO Defies Volatility
Shares of Chagee Holdings Ltd. climbed as much as 43% in their debut session after the Chinese tea chain raised $411 million in its US initial public offering, defying a market besieged by trade-war volatility.
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Publicat el April 17, 2025 a les 18:04
Petrobras Cuts Fuel Prices Amid Oil Slump, Government Pressure
Brazil’s state-controlled oil producer Petroleo Brasileiro SA is reducing diesel prices for the second time this month after a recent downturn in the global oil market and amid political pressure for price relief at the pump.
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Publicat el April 17, 2025 a les 17:49
Critical Mineral Stocks Rally on Signs Trump Supports Sector
US critical minerals stocks have soared this week, getting a boost from signs that the Trump administration will favor a sector that’s become a flashpoint in the trade standoff between the US and China.
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Publicat el April 17, 2025 a les 17:34
Small Business Owners Ask for Tariff Relief
A group of small business owners are urging exemptions from the Trump Tariffs. 40 women founders and CEOs joined forces to pen the letter – saying the taxes pose a threat to the vitality of their businesses. Allison Luvera is the Co-Founder and CEO of the boxed wine maker Juliet Wine. She is behind the small business movement and she joined Bloomberg Open Interest to talk about her concerns. (Source: Bloomberg)
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Publicat el April 17, 2025 a les 17:19
Tanzania Threatens to Block South Africa, Malawi Farming Imports
Tanzania will impose trade barriers on agricultural imports from South Africa and Malawi if the two countries don’t lift restrictions on shipments from the East African nation.
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Publicat el April 17, 2025 a les 17:04
Nvidia CEO Visits China After US Bars Some Chip Sales
Nvidia Corp. Chief Executive Officer Jensen Huang arrived in Beijing Thursday, shortly after the Trump administration barred the company from selling H20 AI chip to China. Bloomberg’s Ed Ludlow reports on what the trip means. (Source: Bloomberg)
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Publicat el April 17, 2025 a les 16:49
Xi’s No. 2 Signals Openness to Out-of-Norm Policy in Market Tilt
Chinese Premier Li Qiang said government officials need to shore up market confidence at “critical moments” with prompt and proactive policy measures.
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Publicat el April 17, 2025 a les 16:34