Bloomberg
France Budget: Macron Tests Tolerance for Climate Spending
French President Emmanuel Macron's government will present a 2024 budget on Wednesday that tests voter appetite for pouring public money into the climate transition at the same time as withdrawing support for inflation-hit households....
Bloomberg
President Bill Clinton Issues Grave Warning on Debt Ceiling Fight
Former President Bill Clinton warns of the dangers that can follow political battles over the debt ceiling. He and former Secretary of State Hillary Clinton spoke with David Rubenstein as part of a series of talks at The 92nd Street Y....
Bloomberg
Some Private Equity Firms Are Borrowing at as Much as 19%
Private equity firms have been increasingly adding another layer of debt to their complex borrowing arrangements, raising concern among some investors about potential risks to the wider industry and the financial system. The loans ...
Bloomberg
Businesses, Families Will Feel Impact: Bradley on Looming Shutdown
US Chamber of Commerce Executive Vice President, Neil Bradley, discusses the impact a government shutdown would have on American businesses and how it is unclear why members of Congress want to shutdown the government. He speaks with...
Bloomberg
China Evergrande Crisis Worsens as Defaults Pile Up
China Evergrande Group faces a more complex path to restructuring. One unit of the property developer failed to repay an onshore bond, while former executives are reportedly in detention.
Charlie Zhu reports on Bloomberg Television.
Bloomberg
BNP's Charlotte Conlan on M&A, Private Credit, Leveraged Finance
Charlotte Conlan, vice chair of global leveraged finance an BNP Paribas, discusses the mergers and acquisitions landscape, private credit, and her outlook for the leveraged finance business. She speaks with Bloomberg's Claire Ruckin at...
Press Association
Footage of 'bankrupt' Birmingham
Footage of Birmingham city centre, where the City Council have effectively declared bankruptcy and paved the way for the authority to be run by Government-appointed commissioners. Footage includes council sites which have or can be sold...
Bloomberg
Country Garden Faces More Debt Tests Monday
Chinese property developer Country Garden Holdings Co. is facing two key debt tests Monday: one relates to a dollar bond and the other to a yuan note. Annabelle Droulers reports on Bloomberg Television.
Bloomberg
Summers and Bono Band Together
Lawrence H. Summers, Former US Treasury Secretary and Bono share an unlikely friendship and join forces for a second time to help bring awareness to advocate for debt relief for developing economies.
Bloomberg
El-Erian Expects 'Game of Chicken' in Credit Next Year
Mohamed El-Erian, a Bloomberg Opinion columnist, says he expects "massive" refinancing needs in the high-yield market next year during an interview with Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.
Follow...
Bloomberg
Dalio Says Cash Is Good, Doesn't Want to Own Debt, Bonds
Bridgewater Associates Founder Ray Dalio says cash is "a good investment right now" as he explains why he doesn't want to own bonds. Dalio spoke Thursday at the 10th Milken Institute Asia Summit in Singapore
Bloomberg
Behind The Scenes At JFK With JetBlue CFO
Nearly 16 million JetBlue revenue passengers passed through JFK Terminal 5 in 2022. JetBlue CFO Ursula Hurley tells Matt Miller how the airline has worked through Covid staffing challenges at the facility, shows him JetBlue's new Mint...
Bloomberg
Need to be Less Reliant on China: Malpass
David Malpass, Former World Bank President discusses his observations of the G-20 summit in India and comments on the reliance on China. He speaks with David Westin and Romaine Bostick on "Wall Street Week Daily."
Follow Bloomberg for...
Bloomberg
Greece Will Stick With Its Fiscal Targets: Greek PM Adviser
Alex Patelis, economic advisor to Greece's Prime Minister, says the natural disasters won't effect the country's fiscal discipline. He discussed the government's national plan to address the extreme weather conditions that have hit the...
Bloomberg
Country Garden Delays Voting on at Least Two Yuan Bonds
Country Garden has delayed a deadline for holders of at least two yuan bonds to vote on the company's request to extend repayment, according to bondholders familiar with the matter. Loretta Chen reports on Bloomberg Television.
Bloomberg
Citizens CEO on US Economy, SEC Proposals, Bank Mergers
Citizens Financial Group CEO Bruce Van Saun says US consumers are in good shape and the Federal Reserve has probably done enough. Speaking with Alix Steel and Guy Johnson on "Bloomberg Markets," Van Saun also comments on the recent bank...
Bloomberg
Fed's Bostic Expects 'Shaking Out' of Existing US Debt
Federal Reserve Bank of Atlanta President Raphael Bostic said there will be a period of some disruption for the US economy as debts are refinanced at significantly higher interest rates. Bostic spoke Friday at the South African Reserve...
Bloomberg
Country Garden Posts Record Loss, Warns Default Possible
Country Garden Holdings Co., the distressed Chinese developer that's shaken the nation's financial markets, has posted a record loss and warned that it may default on its debt as bondholders finish voting on its request to extend...
Bloomberg
Wall Street Braces for $15 Billion Wave of LBO Debt
Bankers are expected to kick off a series of new junk bonds and loans tied to M&A after the Labor Day holiday in the US. Paula Seligson has more on "Bloomberg Markets."
Follow Bloomberg for business news & analysis, up-to-the-minute...
Bloomberg
Vedanta Seeks to Identify Bondholders as $2B Debt Looms
Vedanta Resources Ltd. is moving to identify its dollar bondholders as the miner prepares to repay $2 billion notes next year. Divya Patil reports on Bloomberg Television.
Bloomberg
What Will Raimondo Achieve in China?
Bloomberg's Enda Curran reports on Commerce Secretary Gina Raimondo's trip to China and the state of the economy there. He is on "Bloomberg Surveillance."
Follow Bloomberg for business news & analysis, up-to-the-minute market data,...
Bloomberg
Evergrande Resumes Trading After Posting $4.5B Loss
China Evergrande Group ends a 17-month halt, after the world's most-indebted developer unveiled a $4.5 billion loss in the first half. Kevin Kingsbury reports on Bloomberg Television.
Bloomberg
CFR's Liu on China's Economic Outlook
Zongyuan Zoe Liu, Fellow for China Studies at the Council on Foreign Relations, discusses her outlook for China's economic growth. She speaks with Shery Ahn and Haidi Stroud-Watts on "Daybreak Asia".
Bloomberg
Fallout from Higher Rates
Eric Cantor, Moelis & Company Vice Chairman thinks the US government doesn't have a borrowing problem right now, but expects that investors will start to pay attention to fallout from the flood of treasury issuance and rising US deficits...