Verified report from bloomberg.com
NewsMatic brief
Oil steadied — after tumbling by almost 8% over the previous four sessions — as Middle East supply concerns eased and traders tracked an apparent uptick in diplomatic efforts to end the US-Iran war.
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
The Trump administration has proposed a $5 billion fund to help rebuild critical infrastructure across the Middle East damaged in the war with Iran even though the seven-month conflict continues.
Read on NewsMatic →
A group of banks led by Goldman Sachs Group Inc. has kicked off the sale of a roughly $1.1 billion junk bond to finance construction of a data center sponsored by affiliates of Blue Owl Capital Inc. and leased to CoreWeave Inc..
Read on NewsMatic →
Turkey is considering pooling the assets of more than 100 funds frozen by regulators last week, an official familiar with the matter said.
Read on NewsMatic →
The $4 trillion-a-day currency swaps market is trying to break its reliance on dealers picking up the phone, with trading venues looking to automate this stubbornly manual corner of foreign exchange.
Read on NewsMatic →
SoftBank Group Corp. is seeking the equivalent of more than $11 billion in what would be one of the biggest junk bond deals ever, people familiar with the matter said Monday, as billionaire Masayoshi Son’s conglomerate ramps up its investments in ChatGPT creator OpenAI.
Read on NewsMatic →
Gold edged lower as investors weighed the risk of a series of further US Federal Reserve rate hikes, even as benchmark oil futures extended a decline toward $100 a barrel.
Read on NewsMatic →
