Verified report from bloomberg.com
NewsMatic brief
Gold rallied alongside Treasuries as a slump in oil prices helped ease concerns about inflation, following the Federal Reserve’s first interest-rate hike since 2023.
NewsMatic provides a concise source-linked brief. The protected full report and continuing updates remain with the original publisher.
Read the full report at bloomberg.com →Related coverage
Braskem SA’s bondholders are balking at a restructuring proposal presented by the petrochemical giant, increasing pressure on Petrobras to commit fresh capital into the business, according to people familiar with the matter.
Read on NewsMatic →
Russia seized control of the local assets of Swiss food giant Nestle SA and French supermarket chain Auchan, placing their stakes in Russian businesses under temporary administration.
Read on NewsMatic →
Citigroup Inc. raised $12 billion in its largest-ever US dollar bond sale, seizing a chance to sell debt as credit markets rallied a day after the Federal Reserve hiked rates.
Read on NewsMatic →
India bought a record amount of Treasuries in July, helped by large inflows under the central bank’s special facilities to draw overseas capital.
Read on NewsMatic →
Apollo Global Management Inc. is in talks with SoftBank Group Corp. about boosting the size of a loan to $9 billion from $5.4 billion to help the Japanese firm amplify its bets on AI giant OpenAI.
Read on NewsMatic →
Elham Credit Partners has hired former BlackRock Inc. executive Stephen Allan to seek private credit opportunities in Australia, according to people familiar with the matter.
Read on NewsMatic →
