finance
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Turkey’s Vestel Elektronik has hired advisers Houlihan Lokey for restructuring talks with bondholders, at the same time as the struggling electronics manufacturer renegotiates loans with local banks.
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Bank of Korea Governor Shin Hyun Song told parliament that policy rates will need to rise at an appropriate time, reinforcing the bank’s hawkish stance just a week before a widely expected rate hike.
Piero Cipollone: Central bank money for the digital era
Hazy numbers and the absence of the IMF make for an unusual negotiation
Piero Cipollone: The digital transformation of money, payments and finance
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A group of creditors to luxury car maker Aston Martin has signed a cooperation pact as earnings pressure weighs on the company’s debt.
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DuPont Registry Group, a luxury car marketplace and media company, has picked banks for a US initial public offering, according to people familiar with the matter.
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Bloomberg's Michelle Davis joins Dani Burger on "Bloomberg Deals" to discuss what's top of mind in media M&A as moguls gather in Sun Valley for Allen & Co.'s annual conference. (Source: Bloomberg)
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Businesses argue jubilation would offset any economic setback while pubs say it would be a ‘dream come true’
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Also merger arb, SRT insurance, World Cup hedging, Polymarket refunds and index rebalance windfalls.