Business

Windshield Giant Belron Is Said to Seek Banks for Amsterdam IPO

Belron Group SCA is reaching out to investment banks to pitch for roles on a potential initial public offering that could be one of the largest Europe has seen in recent years, according to people familiar with the matter.

Citi BB Seguridade Sell Rating Sees Up to 55 Percent Downside

Citi BB Seguridade Sell Rating Sees Up to 55 Percent Downside

BRAZIL · BUSINESS Key Facts —The call: The Citi BB Seguridade sell rating is new: the US bank cut Brazil’s largest insurance holding from neutral to sell and trimmed its price target from 36 to 35 reais (US$6.86). —The scenarios: Citi’s…

Druckenmiller says US borrowing costs still ‘a little low’ despite surge in yields

Financial Times

Druckenmiller says US borrowing costs still ‘a little low’ despite surge in yields

Close ally of Kevin Warsh says Federal Reserve officials who argue rates are restrictive are ‘just ridiculous’

Financial Times

Europe’s New Wealth Hubs Lure UK Super Rich

The UK is facing new competition from countries such as Greece and Turkey, which offer disaffected ultra-wealthy residents more favorable tax regimes. Nicole Sy explains. (Source: Bloomberg)

Daily Trust

Before You Buy Dangote Refinery Shares, Read This

(This article does not constitute financial advice. It is an analytical framework for thinking about a significant investment decision. Read the prospectus. Consult a financial adviser if you need one. I am not a financial analyst, only an…

Daily Trust

OpenAI targets work of Wall Street junior bankers with new ChatGPT for Financial Services

CNBC

OpenAI targets work of Wall Street junior bankers with new ChatGPT for Financial Services

OpenAI launched ChatGPT for Financial Services, targeting the labor-intensive research, modeling, and pitchbook tasks traditionally handled by junior bankers.

CNBC

Why ETF Shop ProShares Wants to Launch Interval Funds

The firm also wants to target individual, self-directed traders

Nvidia’s Huang Touts Cybersecurity as Next Big Market for AI

Cybersecurity is the next big market for artificial intelligence, with advances in the technology set to disrupt an industry geared to defending computer systems, said Nvidia Corp. co-founder and Chief Executive Officer Jensen Huang.

Brazil Services Sector Stalls in July as High Rates Bite

Brazil Services Sector Stalls in July as High Rates Bite

Brazil's services volume was flat for a second straight month in July, IBGE reported, rising just 0.9% year-on-year — new ammunition for the rate-cut camp. The post Brazil Services Sector Stalls in July as High Rates Bite appeared first on…

Sports Investors on Capital Deployment

Carolyn Tisch Blodgett, CEO and Founder of Next 3, Governor of Gotham FC and Co-Owner of New York Giants Football and Al Tylis, CEO of Apollo Sports Capital discuss capital deployment and investment opportunities across the sports with…

Hungary wants compensation from EU for rejecting Russian oil, gas — prime minister

TASS

Hungary wants compensation from EU for rejecting Russian oil, gas — prime minister

Peter Magyar added that the energy situation remains extremely difficult worldwide, with many nations experiencing gasoline and diesel fuel shortages

TASS

Everything You Need to Know About Apple's iPhone Duo

Bloomberg’s Ed Ludlow discusses Apple's iPhone Duo with Bloomberg's Mark Gurman, from its anticipated reception with consumers to what it means for Apple's new era under CEO John Ternus. Plus, the AI chip race is moving to inference. And…