A vessel carrying vehicles briefly became stuck at Dusseldorf harbor due to critically low water levels on the Rhine River, in one of the latest examples of how this year’s extreme weather is threatening transport.
Jefferies Financial Group's asset-management unit revenue slumped more than 50% in the fiscal third quarter, totaling $85.6 million in the three months through August. Bloomberg Intelligence's Neil Sipes has more. (Source: Bloomberg)
O presidente Luiz Inácio Lula da Silva e o senador Flávio Bolsonaro estão empatados com 48% dos votos na reta final da corrida presidencial, segundo nova pesquisa AtlasIntel para a Bloomberg News. Produção de Patricia Xavier e edição de texto de Daniel Carvalho e Andrew Rosati. (Source: Bloomberg)
Yields on the US Treasury’s longest-dated bond rose for a sixth straight day, crossing another key threshold amid a deepening selloff across global debt markets.
Anders Persson, fixed income CIO at Nuveen, sees “sort of a toxic mix here that’s pushing yields higher and higher” and says his firm is moving more neutral at this point and is “not quite comfortable going long duration yet.” He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
The board of Goldman Sachs Group has discussed a plan for John Waldron to succeed David Solomon as CEO as early as next year. Jennifer Surane has more on "Bloomberg Open Interest." (Source: Bloomberg)
Carnival Corp. raised its full-year outlook as demand for future sailings — particularly in Europe — hits the highest-level ever during the quarter. The shares rallied.
A US investment firm is looking beyond Kazakhstan’s tungsten resources to opportunities across Central Asia and the Caucasus as President Donald Trump’s administration seeks to ease dependence on critical minerals from China.
Miami-based fintech Jeeves Inc. said it raised $110 million from investors to help expand its offerings, including a stablecoin wallet, artificial-intelligence agents and the enabling of instant payouts in more countries.
Who really wins from the UK government's plan to subsidize demand for new-build houses — buyers or builders? John Stepek says the answer is in the stock market. (Source: Bloomberg)
Paramount Skydance Corp. has attracted demand more than three times the expected size of its blue-chip bond offering to help fund its acquisition of Warner Bros. Discovery, as banks look to wrap up the long-awaited buyout financing.
Hungarian central bank Deputy Governor Zoltan Kurali said the government should follow through on the plan for euro adoption as it would help elevate the country’s status in financial markets.
African billionaire Aliko Dangote said shares in a Kenya refinery that he’s building will trade on the country's stock exchange. Breaking ground on the $16 billion project is planned for Wednesday, but a Kenyan court ordered it be paused after a group of petitioners filed a case opposing the project. Dangote was speaking at an investors’ event in Nairobi on Tuesday. (Source: Bloomberg)
Bain Capital’s Tech Opportunities fund is taking a minority stake in AI enterprise construction platform Kahua in a deal valuing the Georgia-based company at more than $1 billion.
US stocks slipped on Tuesday as investors digested the first of several economic data releases scheduled for this week and heard from Federal Reserve officials.
US equity futures and Treasuries struggle for direction ahead of labor market data and a slew of Fedspeak that may offer clues on the rate outlook. Nvidia, Anthropic and Palantir CEOs are slated to attend a lunch with President Trump to discuss AI risks. The US enacts import ban on some Canadian goods. Colin Purdie of Manulife joins "Bloomberg Brief" to discuss market opportunities amid rising yields. (Source: Bloomberg)
