Banker Bonuses Seen Falling, With Wealth Managers as Sole Bright Spot
Merger advisers’ bonuses are likely to tumble this year as the business remains stagnant, though asset-management executives will see modest gains, according to Johnson Associates Inc. #press
Moody’s Cuts Bank Ratings (Podcast)
Source: Bloomberg, 34:01 #press
Commonwealth Bank of Australia Cautions on Economy Even as Profit Climbs
Commonwealth Bank of Australia’s profit climbed as higher interest rates and a buoyant housing market supported results at the nation’s largest lender. #press
Banker Bonuses Seen Falling, With Wealth Managers as Sole Bright Spot
Merger advisers’ bonuses are likely to tumble this year as the business remains stagnant, though asset-management executives will see modest gains, according to Johnson Associates Inc. #press
Barrick CEO Mark Bristow Talks Gold and Commodities
Source: Bloomberg, 7:59 #press
Sunak’s Distraction Strategy: The Readout With Alex Wickham
Hi, I’m Alex Wickham, Bloomberg’s senior government reporter based in London. Here’s today’s Readout. #press
Tim Hortons Targets Lunch as Remote Work Dents Breakfast Demand
Tim Hortons, known for its coffee and breakfast foods, is increasingly bringing in Canadians later in the day as remote work endures. #press
New Cleaning Products Hit Shelves to Tempt Shoppers Sick of Stocking Up
Shoppers have found it’s not a problem to buy fewer paper products and bath items. But for the companies that make these basics, it’s trouble. #press
Eskom Latest: Energy Loans for Househilds, Climate Pact Delays
South Africa introduced guaranteed loans for small businesses and households to buy rooftop solar panels as part of efforts to alleviate the impact of unreliable power supply. #press
Europe Cuts Back on Firefighters Even as Blazes Ravage Continent
Most EU nations pared their army of firefighters despite extreme weather becoming more frequent and intense. #press
Private-Jet Firm Wheels Up Seeks Rescue Funding
Private-jet company Wheels Up Experience Inc. is seeking new financing from investors as its cash dwindles, according to people with knowledge of the situation. #press
Light & Wonder Sales Beat Expectations on Slot Machine Comeback
Light & Wonder Inc., a maker of slot machines and online games, reported second-quarter sales the beat analysts’ estimates as casinos continued to stock up on gear for bettors. #press
Summertime Shakeup on the Campaign Trail (Podcast)
Source: Bloomberg, 26:15 #press
Meltem Demirors Talks Crypto
Source: Bloomberg, 4:05 #press
https://www.bloomberg.com/news/audio/2023-08-08/meltem-demirors-talks-crypto?utm_source=press.coop
Thinner Wallets: The Bloomberg Open, Asia Edition
Good morning. M&A bonuses will probably shrink. China is now only the US’s third-largest supplier. And 20 derelict Ferraris are for sale. #press
Gimme Some Credit: The Bloomberg Close, Americas Edition
Good afternoon. Here’s what you need to know to end your day. #press
Commonwealth Bank of Australia Cautions on Economy Even as Profit Climbs
Commonwealth Bank of Australia’s profit climbed as higher interest rates and a buoyant housing market supported results at the nation’s largest lender. #press
Your Evening Briefing: The Possible Global Consequences of Africa’s Coups
Get caught up. #press
CBA’s Warning: Australia Briefing
Hello, it’s Harry here in Sydney. Here’s what you need to know in Australia this morning. Today’s must-reads:• CBA sounds warning on economy• Australia’s battery dreams take a blow• Super funds prepare for extended inflation #press
Light & Wonder Sales Beat Expectations on Slot Machine Comeback
Light & Wonder Inc., a maker of slot machines and online games, reported second-quarter sales the beat analysts’ estimates as casinos continued to stock up on gear for bettors. #press