flash-finance

Brazil’s government plans to spend 15 billion reais to buy as much as 150 billion reais ($28 billion) of delinquent consumer debt from banks, part of President Luiz Inácio Lula da Silva’s push to ease the financial strain on households and bolster his bid for a fourth term.

Stocks are heading for a higher open, and the S&P 500 and Nasdaq are poised to post winning weeks.

SK Hynix Inc.’s Solidigm is considering a US initial public offering as soon as next year, according to people familiar with the matter.

BP, Uber and Amazon are among corporate members of the non-profit’s membership programme, the Global Network for Change

Joseph Baratta, one of the company’s best-paid employees, plans to leave the group after almost three decades

Wall Street spent another week watching yields hit multi-decade highs, oil hold above $100 and the case for tighter Federal Reserve policy harden. Once again, risk assets refused to break.

Larry Ellison has pledged 67 million more shares of Oracle Corp. as collateral for personal loans than he had at the same time last year.

US stocks rose on Friday as a drop in oil overshadowed a decline in consumer confidence that had pushed the indexes into the red.

Genel Energy raises Capricorn takeover bid to $436M, trumping DNO

Japanese Prime Minister Sanae Takaichi is not a reflationist, her finance minister said, pushing back against investor concerns over the government’s spending plans and its influence on the Bank of Japan. She spoke exclusively to Bloomberg TV's Shery Ahn in Tokyo (Source: Bloomberg)