What’s Happening in EM: The EM Link With US Treasuries (Podcast)
In this episode, Marcus Wong joins Carolina Wilson to discuss how the old playbook of selling emerging-market bonds when Treasury yields spike is being upended by the positive dynamics favoring developing-nation debt. #press
Private Equity Snaps Up UK Health Companies as NHS Struggles: FT
Private equity firms have acquired numerous UK healthcare companies over the past two years as they seek to capitalize on long National Health Service waiting lists, the Financial Times reported. #press
It’s Time to Think About Covid Boosters Again
Hi folks, it’s Kristen in NYC. One reader has Covid boosters on her mind. But before we get to that, the news: #press
Pakistan Militants Attack Convoy of Chinese Engineers, AFP Says
Balochistan Liberation Army militants claimed responsibility for an attack on a convoy of Chinese engineers in the southwest of Pakistan on Sunday, Agence France-Presse reported. #press
Japan Braces for Another Typhoon as Airlines Cancel Flights
Japan is preparing for its second typhoon in a week, with airline companies canceling flights and rail operators warning of disruptions. #press
UK Holidaymakers Find Bargains in Turkey, Egypt on Stronger Pound
UK holidaymakers are flocking to Turkey and Egypt to take advantage of favourable currency exchange rates, according to a travel company. #press
US Agency Probes Near-Collision of Southwest, Cessna Planes
US authorities said they are investigating a near-collision between a Southwest Airlines Co. plane and a Cessna business jet at San Diego airport last week. #press
Bold Bets and Tension-Filled Transits: Sunday Asia Briefing
Welcome to the new week. #press
Maui Wildfire Is Deadliest for US in 105 Years, With 89 Killed
The death toll from fast-moving wildfires in Maui rose to 89 on Saturday, making them the deadliest in the US in more than 100 years. #press
US, Japan Set to Announce Pact on Missile Interceptors: Yomiuri
The US and Japan are expected to announce an agreement to jointly develop missile interceptors for hypersonic weapons when the leaders of the two nations meet later this week, the Yomiuri reported, citing several people in government. #press
In Search for Cause of Hawaii Fires, Lawyers Probe Power Lines
While the cause of the deadly Maui fires remains under investigation, lawyers are sending experts to the island to look into utility power lines as being a possible source of ignition. #press
Affirmative Action in Corporate World Targeted (Podcast)
Source: Bloomberg, 22:12 #press
Adani Ports Names New Auditors After Deloitte Unit Resigns
Adani Ports said it appointed MSKA & Associates as the statutory auditors of the company, effective Aug. 12. #press
Daily Mail’s Rothermere in Talks on Telegraph Bid, Sky Reports
The owner of the UK’s Daily Mail is in talks with investors on a bid for the Daily Telegraph, Sky News reported without saying where it got the information. #press
Tragedy in Paradise: Your Saturday US Briefing
Something for the weekend. #press
Even Celebrity Realtors Feel the Pinch as LA Mansion Sales Fall
Higher interest rates and a new tax on luxury home sales in Los Angeles are weighing on even the celebrity real estate agents who show off their million-dollar listings on TV. #press
America’s Fastest Growing City Is Embracing ‘Yellowstone’ Mania
The leader of the fastest-growing US city is betting that Yellowstone mania and quality-of-life issues in bigger metros can help sustain the expansion even as corporate relocations slow from the peak of the pandemic era. #press
Eiffel Tower Evacuated, Bomb Teams Sent In After Security Threat
The Eiffel Tower was evacuated early Saturday afternoon after a security alert was raised, Agence France-Presse reported. Bomb disposal teams were dispatched to secure the area. #press
Walmart Leads Retailers Shining Spotlight on Key Market Signal
From Walmart Inc. to Home Depot Inc., the biggest US retailers are about to grab the earnings spotlight, providing stock investors with crucial insight into consumer spending — the engine that powers two-thirds of the US economy. #press
Your Weekend Reading: Inflation Is Being Driven by the Roof Over Your Head
Get caught up. #press
