As franchise values soar, the NFL mulls becoming the latest league to open its doors to private equity. https://www.wsj.com/articles/nfl-franchise-values-private-equity-2e3c4729
A shadow fleet oil tanker transporting Russian crude had an engine failure as it was passing through Turkey’s Dardanelles shipping strait, forcing a temporary blockage to maritime traffic. from Bloomberg Markets https://ift.tt/pDGe1qX
The Kenya National Highways Authority signed a $3.6 billion agreement with Everstrong Capital LLC to build an expressway linking the nation’s two largest cities, one of several investment deals expected to be announced during President William Ruto’s US visit. from Bloomberg Markets https://ift.tt/0SqbteR
US Treasury Secretary Janet Yellen criticized Israel for saying it will hold back revenues collected on behalf of the Palestinian Authority, and warned it against cutting Palestinian lenders off from their Israeli correspondent banks. from Bloomberg Markets https://ift.tt/b1nlkIi
US Treasury Secretary Janet Yellen criticized Israel for saying it will hold back revenues collected on behalf of the Palestinian Authority, and warned it against cutting Palestinian lenders off from their Israeli correspondent banks. from Bloomberg Politics https://ift.tt/b1nlkIi
Group of Seven countries are at odds over how to tax the world’s richest individuals as finance officials prepare to gather for a meeting in Stresa, Italy. from Bloomberg Markets https://ift.tt/lAN0nBW
Pentagon to explore feasibility of ocean-floor mineral refining in U.S., according to documents seen by the Journal, amid concerns over China’s control of key minerals. https://www.wsj.com/articles/congress-to-fund-u-s-deep-sea-mining-project-8c930869
Robin Li, the CEO of Baidu said artificial intelligence that is smarter than humans, or AGI, is more than 10 years away. https://www.cnbc.com/2024/05/23/artificial-general-intelligence-more-than-10-years-away-baidu-ceo.html
Goswami Infratech Pvt., issuer of India’s biggest ever high-yield rupee corporate bond, has won a temporary reprieve from creditors on a payment that was due on the note this month, according to people familiar with the matter. from Bloomberg Markets https://ift.tt/xMZ9AHz
New York City’s tax revenue generated by tourists has surpassed pre-pandemic levels as a jump in US visitors helped offset a drop in international and business travel. from Bloomberg Markets https://ift.tt/60D9JUI