Raízen SA and its creditors are working on a new restructuring proposal for the company’s 65 billion reais ($12.5 billion) debt load following a week of high-stakes meetings in New York, according to people familiar with the matter.
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Raízen SA and its creditors are working on a new restructuring proposal for the company’s 65 billion reais ($12.5 billion) debt load following a week of high-stakes meetings in New York, according to people familiar with the matter.
Raízen SA and its creditors are working on a new restructuring proposal for the company’s 65 billion reais ($12.5 billion) debt load following a week of high-stakes meetings in New York, according to people familiar with the matter.
French Prime Minister Sebastien Lecornu said the government will divert investment to help households and businesses switch to electric power instead of handing out short-term fuel aid after oil prices surged on the Iran war.
And consumer sentiment is plungin.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
The war in Iran has fueled the biggest jump in US inflation in nearly four years and sent consumer sentiment tumbling to a record low. Economists say that’s just the beginning.
The warning came after a flurry of unusual activity on oil and stock futures markets shortly before President Trump said he would pause attacks on Iran.
The investor of the "Big Short" fame said he continues to hold long-dated put options on the artificial intelligence software firm.
U.S. President Donald Trump on Thursday warned Iran to "stop now" if it was charging tankers to transit the Strait of Hormuz.
Intel stands to benefit from a CPU boom and a growing array of partnerships, but an analyst notes it’s “not out of the woods yet.”
U.S. President Donald Trump on Thursday warned Iran to "stop now" if it was charging tankers to transit the Strait of Hormuz.
President Trump is frustrated by Iran continuing to throttle most shipping traffic through the Strait of Hormuz, the world's most important oil route.
Palantir's Maven platform have reportedly been used in the U.S. military campaign in Iran.
Blackstone Inc. is considering an initial public offering that could raise $2 billion for an acquisition company that will snap up data centers, according to people familiar with the matter.
Consumer prices surged in March, thanks to the conflict with Iran.
Anthropic rolled out the new Mythos AI model to a select group of companies over concerns that hackers could exploit its capabilities.
A Brazilian lawmaker has proposed a bill to create a state-run company focused on rare earths and critical minerals in the latest push from the South American nation to localize refining and position itself as alternative to top producer China.
Brazilian lawmakers have proposed bills to create a state-run company focused on rare earths and critical minerals in the latest push from the South American nation to localize refining and position itself as alternative to top producer China.
The US says it knows where Iran’s uranium is, but nuclear inspectors aren’t so sure. Jonathan Tirone explains why. (Source: Bloomberg)
On the Everybody's Business podcast, we often find unusual items to serve as economic indicators. Hosts Stacey Vanek Smith and Max Chafkin discuss why a $7 bag of Doritos ended up costing PepsiCo billions of dollars and what it can tell us about the US consumer. (Source: Bloomberg)
Nvidia shares are up for the eighth session in a row.
Protestors are taking issue with the government's response to the spike in fuel prices since the onset of the Iran war.
Already, Tehran has accused Israel of violating the terms of the ceasefire, as the IDF continues to attack Hezbollah in Lebanon.
The company is casting a new line to reel users into its ecosystem, with fresh hardware as the lure and services as the hook.