President Volodymyr Zelenskiy discussed ways to strengthen Ukraine’s air defenses and protect grain shipments, as well as critical infrastructure, in calls Wednesday with the French president and the Norwegian prime minister.
The value of distressed US commercial real estate neared $80 billion in the third quarter, its highest level in a decade, as rising interest rates and sagging office demand shook the property market.
Goldman Sachs Group Inc. and Bank of New York Mellon Corp. are tapping the US investment-grade bond market on Wednesday, joining other Wall Street stalwarts selling debt post-earnings even as borrowing costs rise.
Morgan Stanley shares plunged the most since June 2020 after the firm’s dealmakers posted the biggest drop in fees on Wall Street and its wealth management unit had the lowest inflows in more than three years.
Amazon.com Inc. says it’s testing two new technologies to increase automation in its warehouses, including a trial of a humanoid robot.
Israel said it won’t prevent humanitarian aid going into Gaza from Egypt as long as there are measures in place to prevent it being transferred to Hamas.
Chemicals company Ineos Quattro is set to hold a credit update call as its billionaire owner Jim Ratcliffe is said to be a frontrunner for the purchase of a minority stake in storied English football club Manchester United.
Thames Water Ltd drew in bumper investor orders by paying a high premium for a new bond, the first such offering by a British water company since an industry blow up earlier this year exposed massive debt piles.
Tillman Infrastructure, which counts UBS Asset Management among its investors, is in talks to raise around $500 million in preferred equity to support its growth, according to people with knowledge of the matter.
Republican Jim Jordan is losing GOP support in his second attempt to be US speaker Wednesday, a key ally conceded, imperiling his candidacy.
