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The first word in business news. Our newsletters: http://bloom.bg/newsletters Our podcasts: http://bloom.bg/podcasts The Big Take podcast: http://trib.al/jtoXfuT ( feed imported by https://press.coop )

Nigerian Money Changers Plan Mergers to Boost Access to Dollars

Nigeria’s association of money changers wants to coax its members into mergers to bolster their capacity to handle money sent from citizens living abroad and channel dollars to shops and small businesses. #press

https://www.bloomberg.com/news/articles/2023-09-13/nigerian-money-changers-plan-mergers-to-boost-access-to-dollars?utm_source=press.coop

Heat Watch: The Bloomberg Open, Americas Edition

Good morning. US headline inflation data due may come in hot, but the core reading is the one to watch. The EU hits China with a probe into EV subsidies. And Taylor Swift sweeps the VMAs. #press

https://www.bloomberg.com/news/newsletters/2023-09-13/heat-watch-the-bloomberg-open-americas-edition?utm_source=press.coop

Reprieve: The Bloomberg Close, Asia Edition

Good afternoon. Here’s what you need to know to end your day. #press

https://www.bloomberg.com/news/newsletters/2023-09-13/reprieve-the-bloomberg-close-asia-edition-lmhm4hvx?utm_source=press.coop

No-Show Workers Add Wrinkle to Stellantis Union Contract Talks

Shawn Fain, the president of the United Auto Workers, and Carlos Tavares, CEO of Jeep maker Stellantis NV, agree on at least one thing: The auto giant has a hard time getting some US factory workers to show up for their shifts. #press

https://www.bloomberg.com/news/articles/2023-09-13/no-show-workers-key-to-united-auto-workers-uaw-stellantis-contract?utm_source=press.coop

Japan’s MUFG Battles Private Equity, Startups to Hire US Bankers

Hiring for bankers in the US is getting harder for Japan’s largest lender, according to a top executive who sees more competition to recruit top talent from a wider slate of companies. #press

https://www.bloomberg.com/news/articles/2023-09-13/mufg-battles-private-equity-and-startups-for-us-talent?utm_source=press.coop

Draghi to Map Out Strategy in EU’s ‘Whatever It Takes’ Competition Pledge

The European Union must do “whatever it takes” to keep its competitive edge as it pushes industry for a green transition, and has recruited Italy’s Mario Draghi to help map out the bloc’s strategy, the head of the EU’s executive arm said. #press

https://www.bloomberg.com/news/articles/2023-09-13/draghi-tapped-by-eu-in-whatever-it-takes-competition-pledge?utm_source=press.coop

Here Are the Latest Inflation Buzzwords You Need to Know

A prolonged period of elevated inflation has left consumers cranky and eager to cast blame. Higher prices for goods and services have proved more resilient than the US Federal Reserve and other central banks had predicted. That’s encouraged theories and explanations that are shorthanded into... #press

https://www.bloomberg.com/news/articles/2023-09-12/inflation-buzzwords-you-need-to-know-drip-pricing-greedflation?utm_source=press.coop

Barclays to Cut About 450 Jobs in UK Retail Bank, Union Says

Barclays Plc will cut about 450 jobs in its UK consumer-facing unit as part of its ongoing plans to cut costs, according to trade union Unite. #press

https://www.bloomberg.com/news/articles/2023-09-12/barclays-to-cut-about-450-jobs-in-uk-retail-bank-union-says?utm_source=press.coop

Thousand Feared Dead From Libya Flooding

Search efforts intensified Tuesday for thousands of people feared dead after a storm ravaged Libya’s eastern region, killing around 2,000 in one city and leaving many more missing. The city of Derna is the hardest hit. Flooding reportedly swept away entire buildings. (Source: Bloomberg) #press

https://www.bloomberg.com/news/videos/2023-09-12/thousand-feared-dead-from-libya-flooding-video?utm_source=press.coop

Microsoft’s Offer to Win UK Nod for Activision Deal Vetted by EU

European Union deal watchdogs are seeking feedback on Microsoft Corp.’s fresh attempts to secure UK regulatory approval for its $69 billion takeover of Activision Blizzard Inc. #press

https://www.bloomberg.com/news/articles/2023-09-12/microsoft-s-offer-to-win-uk-nod-for-activision-deal-vetted-by-eu?utm_source=press.coop

Deadly Earthquake Strikes Economic Blow to Morocco

The death toll from the earthquake in Morocco has now reached at least 2,500. The catastrophe deals a stunning blow to the country of 37 million that views itself an island of stability in North Africa and which has been a bright spot for investors wary of the region's other economies. This is video of the... #press

https://www.bloomberg.com/news/videos/2023-09-12/deadly-earthquake-strikes-economic-blow-to-morocco-video?utm_source=press.coop

Deal Mania: The Bloomberg Close, Americas Edition

Good afternoon. Here’s what you need to know to end your day. #press

https://www.bloomberg.com/news/newsletters/2023-09-11/deal-mania-the-bloomberg-close-americas-edition?utm_source=press.coop