A key investor of German football club FC Augsburg is sounding out a potential sale that could value the team at more than €150 million ($163 million), according to people familiar with the matter. from Bloomberg Markets https://ift.tt/c6XOG7W
Heritage Bank Plc has become the first lender to collapse after stringent capital requirement measures were introduced by Nigeria’s central bank just over two months ago. from Bloomberg Markets https://ift.tt/O7xmMkg
California and the US Southwest are bracing for the season’s first major heat wave this week, with blistering temperatures set to drive up both electricity demand and health risks. from Bloomberg Markets https://ift.tt/31hFMWI
An apparent glitch at the operator of the New York Stock Exchange triggered volatility trading halts in about a dozen companies, including Chipotle Mexican Grill Inc. from Bloomberg Markets https://ift.tt/L1CWmox
A $59 billion Blackstone Inc. property trust is contending with the fallout from a rival’s decision to enforce stricter limits on investors. from Bloomberg Markets https://ift.tt/1mWfOL7
Brazil’s government has presented its aid plan for the airline industry to the three largest players in the country with an announcement expected in the second half of the year, according to people familiar with the matter. from Bloomberg Markets https://ift.tt/qReXoNZ
Investment bank Panmure Liberum is set to eliminate more than two dozen roles following a merger that marked a shake-up among the City of London’s corporate brokers earlier this year. from Bloomberg Markets https://ift.tt/QMNnS74
Saudi Arabia kicked off a $12 billion secondary offering in Aramco on Sunday that’s been years in the making. As has been the case with recent share sales in the kingdom, investors snapped up all stock on offer in mere hours. from Bloomberg Markets https://ift.tt/2Bm4KGp
The UK government is planning to send the first asylum seekers to Rwanda in late July — should the Conservative Party succeed at next month’s general election. from Bloomberg Markets https://ift.tt/uzBc5FA
A flurry of deals at the start of the year sparked optimism for a biotech stock resurgence but a swing in sentiment at the direction of interest rates has left the sector hanging on tenterhooks. from Bloomberg Markets https://ift.tt/D3kbqzU