flash-finance

DNB prefers London over the US city, pointing to better ‘tradeability’ of bullion

Also law firm economics, college football booster hedging and billionaire coin flipping.

Bloomberg's Allison McNeely joins Dani Burger on "Bloomberg Deals." KKR is set to reap a $3.3 billion windfall from its deal to sell USI Insurance Services to Aonfor $17 billion, a significant exit for a unit that’s invested its balance sheet in long-term private equity bets. (Source: Bloomberg)

Anthropic's IPO is casting a long shadow over companies’ US listing plans, as they try to find room for their deals to grab attention after the Sept. 7 Labor Day holiday. Scarlet Fu reports on Bloomberg Deals. (Source: Bloomberg)

Elliott Investment Management has built a sizeable stake in Deutsche Telekom AG and indicated the German telecommunications giant should ditch a potential merger with its American arm T-Mobile US Inc., people familiar with the matter said.

But Kevin Warsh has bought himself time

Entergy Arkansas said the documents cited by the Arkansas Democrat-Gazette contained "trade secrets" and "highly sensitive protected information."

US stocks turned positive after flipping between small gains and losses earlier in Wednesday’s session, as oil prices halted a sharp advance, easing inflation concerns as traders weigh the Federal Reserve’s potential path for interest-rate hikes.

Private equity has lagged the S&P 500 in the last few years despite longer-term outperformance.

Investors who had been holding out hope that Senegal could avoid a default are changing tack, selling its short-dated bonds as they expect losses ahead.