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US investors bet big on Indian cricket with record billion-dollar IPL deals
Royal Challengers Bengaluru and Rajasthan Royals both sold within hours for two separate record-breaking deals.
War a Multi-Phase Market Event: S&P Global Energy Pres.
S&P Global Energy President Dave Ernsberger discusses the 'massive but delayed' effects the war in Iran is having on the global energy market, saying that physical markets are bearing the brunt now, but futures markets will start feeling the pressure next. He talks with Romaine Bostick and Katie Gre...
Blackstone’s BCRED Sells $450 Million Private Credit CLO
Blackstone Inc.’s flagship private credit fund has sold a new collateralized loan obligation deal, finding enough demand for the debt to boost its size by $50 million, according to a person familiar with the matter.
BMO's McCormick: Dollar is 'Absolutely' a Buy on Dips
BMO Chief FX Strategist Mark McCormick discusses the merits of staying long on the US Dollar, citing carry, growth, and safe-haven demand. He talks with Katie Greifeld and Romaine Bostick on "The Close." (Source: Bloomberg)
Epstein 'Wasting My Time' From The Grave, Says Apollo's Rowan
Apollo Global Management CEO Marc Rowan said he only dealt with Jeffrey Epstein in his capacity as tax adviser for the firm’s co-founder Leon Black. Also at Bloomberg Invest on March 3, Rowan reiterated that Apollo did no business with the sex offender. (Source: Bloomberg)
Benfica fined for fans’ racism at Real Madrid game with UEFA investigation
European football's governing body fines Portuguese club Benfica for racist abuse by its fans in Champions League game.
Stocks Rise as Truce Prospects Weighed | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Jefferies reports new $10mn First Brands loss as it writes off exposure
Investment fund owned by bank provided off-balance sheet financing to collapsed car parts supplier
Morgan Stanley Warns Dollar Rally Won’t Last Long Amid Iran War
The dollar will weaken as interest-rate differentials between the US and Europe shrink and the war in Iran curbs economic growth, according to Morgan Stanley.
Blackstone's Chooses Cricket as First Sports M&A
A consortium led by Indian billionaire Kumar Mangalam’s Aditya Birla Group, The Times of India Group, David Blitzer’s Bolt Ventures and Blackstone has bought the Royal Challengers Bengaluru, in a major deal for cricket. Bloomberg's Scarlet Fu reports on "Bloomberg Deals." (Source: Bloomberg)
Big Pipeline for Defense IPOs: JPMorgan's Marengo
Mark Marengo, global co-head of diversified industries investment banking at JPMorgan, joins Dani Burger on "Bloomberg Deals." They discuss defense tech investments and potential IPOs as the Iran War reveals gaps in spending. The Pentagon wants to shift roughly $1.5 billion in previously approved fu...
Investigators search for answers in deadly LaGuardia plane and fire truck crash
Investigators are continuing to probe for answers in Sunday's deadly collision at Laguardia Airport, as officials examine why a runway safety system failed to issue an alert before a Port Authority fire truck crashed into a landing passenger airplane
Iran War Reveals Defense Spending Gaps
Erin Price-Wright, general partner at Andreessen Horowitz, Ian Fujiyama, global head of aerospace, defense and government at Carlyle, and Mark Marengo, global co-head of diversified industries investment banking at JPMorgan, join Dani Burger on "Bloomberg Deals." (Source: Bloomberg)
Trader kidnapped for ransom of Rs 1.5 crores, rescued by crime branch
Bank of France Trims Growth Forecast, Sees Faster Inflation
The Bank of France reduced its 2026 economic-growth forecast and lifted its inflation prediction as it includes the impact of surging energy prices caused by the Iran war.
Griffin's Citadel Posts Record $12 Billion Trading Haul
Citadel Securities posted a record $12.2 billion in trading revenue last year, as the market-making arm of billionaire Ken Griffin’s empire continues in its bid to compete with the largest trading desks globally. Katherine Doherty reports. (Source: Bloomberg)
Dolce & Gabbana Gears Up for Lender Talks as Debt Pressure Rises
Dolce & Gabbana is embarking on fresh talks with lenders after weak global demand for luxury goods put pressure on earnings and the terms governing its debt, people familiar with the matter said.
BofA Starts Private Capital M&A Team to Focus on PE Exits
Buyout firms are sitting on a massive stable of unsold companies. They’re holding them longer and looking for creative ways to monetize them, as the old bootstrap-and-flip nature of the business evolves.
Iran Rejects Trump Peace Plan | Open Interest 3/25/20226
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Iran rejects President Trump’s 15-point peace plan, calling US talks illogical as tensions escalate. The war’s ripple effects hit corporate America as United and Dow warn of price hikes and supply s...
The Problem with Private Credit ‘Working as Designed’
Liquidity at the gates.