Business
Bloomberg Daybreak: Asia 03/22/2024
Business
Dellaert: Blackstone Always Going to Coexist With Banks
Blackstone has set a goal to grow its total credit assets to $1 trillion in the next decade. To do so, the firm has made sweeping changes atop the unit. Gilles Dellaert, the new head of credit and insurance at the fund, says Blackstone can coexist with banks returning to lending markets, while the industry faces diverging fortunes as rates stay higher for longer. Dellaert spoke exclusively with Bloomberg’s Dani Burger.
Read more: https://www.bloomberg.com/news/articles/2024-04-26/blackstone-credit-chief-dellaert-downplays-rivalry-with-banks
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Business
US GDP, #Meta sees $170 billion of equity wiped out: Manus Cranny reports #bloombergbrief #shorts
Mark #Zuckerberg asked for patience during #Meta’s earnings meeting and the #stockmarket responded. The company saw $170 billion worth of equity wiped out. Also #US #GDP is at the slowest rate in two years, wreaking havoc on the #bond market. Manus Cranny reports. #WallStreet #stocks #economy #inflation #money #investing #AI #tech
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Business
Wall Street Rattled by GDP Data
Jim Caron, Co-CIO of the Portfolio Solutions Group at Morgan Stanley Investment Management breaks down the latest GDP data.
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Business
Indonesia Working on Dollar Pressures: Finance Minister
Indonesia Finance Minister Sri Mulyani Indrawati talks about the impact of the strong US dollar on their economy and how they are …
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