Golden Goose is launching a primary offering of €100 million ($108 million) in an initial public offering in Milan as the Italian luxury sneaker brand aims to strengthen its capital structure and reduce debt. from Bloomberg Markets https://ift.tt/Xnv7Pci
Bitcoin’s price has been sensitive to changes in inflation data – Consumer Price Index (CPI) – relative to the previous month, according to a May 29 market report from 10x Research analyst Markus Thielen. He said that higher-than-expected CPI has been bearish for the cryptocurrency, while lower-than-expected CPI has been bullish. Correlations With CPI Data…
Luxury hotel operator Shangri-La Asia Ltd. is tapping the onshore Chinese bond market for the first time, as diverging interest rates have made yuan borrowings significantly cheaper than debt denominated in other major currencies. from Bloomberg Markets https://ift.tt/91v23CN
South Africans, some of whom queued late into the night to cast their votes, woke to little clarity from the smattering of early results from the country’s most competitive election since the end of apartheid three decades ago. from Bloomberg Politics https://ift.tt/pIhORVM
Jodi Wellman, a positive psychology expert, was an executive leader for 17 years but realized that achieving the pinnacle of success wasn’t bringing her any joy. https://www.cnbc.com/2024/05/30/how-to-decenter-work-and-live-a-purposeful-life-psychology-expert.html
Large US banks may be more exposed to commercial property than regulators appreciate because of credit lines and term loans they provide to real estate investment trusts, according to a new study. from Bloomberg Markets https://ift.tt/KmIsZAh
China’s central bank said President Xi Jinping’s idea of a “powerful currency” is one that is stable and easy to use, as it pledged to play a key role in developing a competitive financial system and supporting the top leader’s strategy. from Bloomberg Markets https://ift.tt/axvWzXQ
[PRESS RELEASE – Austin, Texas, May 29th, 2024] Agora brings to Sui an exceptional blend of technology, financial markets, and operations experience paired with blue-chip traditional finance partners and backers. Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, announced the launch of stablecoin AUSD on the network, set to occur in…
Debt that can become equity has become all the rage in Asia, where issuers are increasingly turning to the instrument to get cheap money in an environment of high interest rates. from Bloomberg Markets https://ift.tt/I9jreNY
Unable to press his target to the negotiating table, BHP Group boss Mike Henry on Wednesday walked away from a bold bid to buy smaller rival Anglo American Plc, cheering investors eager to see proof the miner will not pursue deals at any cost. from Bloomberg Markets https://ift.tt/DPOkLUe