It took just over two hours for the dollar bonds of Paraguay’s largest meatpacker to lose a third of their value after a report by a Wall Street analyst raised questions about the company’s finances. from Bloomberg Markets https://ift.tt/weGo0V7
An industrial renaissance is fueling record capital inflows into Indiana, putting the Midwestern state on pace to surpass last year’s almost $29 billion in investments. from Bloomberg Markets https://ift.tt/uMTtViQ
A lender to Thames Water Ltd has shelved a planned sale of £500 million of the troubled utilities’ loans, according to people with knowledge of the matter. from Bloomberg Markets https://ift.tt/N1RCQsD
BHP Group said it won’t make a firm offer for Anglo American Plc before today’s deadline, walking away for now from what would have been the biggest mining deal in over a decade. from Bloomberg Markets https://ift.tt/zcSIk3e
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he anticipates problems emerging in private credit and that “there could be hell to pay,” particularly as retail clients gain access to the asset class. Dimon spoke Wednesday at an industry conference. from Bloomberg Markets https://ift.tt/njzw5Ta
Sony Music is in talks to acquire Queen’s music catalog, which includes hits such as Bohemian Rhapsody, in what could be one of the biggest ever deals of its kind. from Bloomberg Markets https://ift.tt/nITAYXy
Lenovo Group Ltd. plans to sell $2 billion worth of zero-coupon convertible bonds to Saudi Arabia’s sovereign wealth fund, part of a broader strategic pact with the tech-hungry kingdom. from Bloomberg Markets https://ift.tt/0KGFqPw
Health insurance stocks dove after UnitedHealth Group Inc. said it sees a “disturbance” coming as states pare enrollees in their Medicaid health programs after the end of the pandemic emergency. from Bloomberg Markets https://ift.tt/eQ5O63T
German football club Borussia Dortmund has signed up arms supplier Rheinmetall AG as a new sponsor just days before taking on Real Madrid in its biggest game of the season, the UEFA Champions League final. from Bloomberg Markets https://ift.tt/kDHfUZv
Fears of a collapse at those levels are way overblown, she says from Bloomberg Markets https://ift.tt/cz9seOg