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Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens.
Climate change is increasingly threatening cities with catastrophic flooding. Many are now looking to Rotterdam, and its long history of innovation when it comes to holding water at bay.
Pound Falls to Weakest Level Since 1985 Against the US Dollar
Oil Boom Falls Flat in Region With a Fifth of World’s Reserves
California’s Wine Country Faces Climate Tipping Point
Joe Tsai’s Family Office Sells US Stocks in Private Markets Push
US Trade Gap in Goods, Services Narrows for a Fourth Month
Musk Can Use Twitter Whistle-Blower Complaint in Buyout Fight
Instacart Buys Online Local Grocery Startup in Deal Spree
SoftBank Nears $2 Billion Sale of Fortress to Mubadala
Texas Governor Abbott Holds Lead Over O’Rourke in New Poll
Congress Party to March For Months, Battling Modi’s Popularity
Gen Z Sees Benefit of Offices After Lonely Summer Internships
Joe Tsai’s Family Office Sells US Stocks in Private Markets Push
Star Chef Asma Khan Gets the Same Hourly Pay as the Kitchen Porter
Lainey Wilson Leads CMA Awards Nominations in Her 1st Year
Iran’s Drone Piracy Shows How Naval Warfare Is Changing
Liz Truss’s Problems Have Already Started
Trump Judge’s Bad Ruling Might Do Some Good
What a Rocket Startup That Helped Create the ‘New Space’ Wave Leaves Behind
The Republicans Have a Peter Thiel Problem
Startup Wants to Chart Path to More Equitable Urban Development
Emerge to Launch 10 Sustainable ETFs That Are All Run by Women
Startup Choix Will Sell Abortion Pills to Patients Who Aren’t Pregnant
California’s Wine Country Faces Climate Tipping Point
California Averts Blackouts in Power Emergency as Heat Lingers
How Japan Won its ‘Traffic War’
Urban Migration Slows in 2022 for Many Major US Cities
Stockholm’s ‘Housing for All’ Is Now Just for the Few
Bankrupt Crypto Lender Voyager Digital Heads to Auction Block
A Look at the State of Crypto Regulation in Singapore
Investor Who Made 1,700% on Mt. Gox Circles Crypto Again
GoTo Group, whose business spans ride-hailing, e-commerce and fintech, became one of the world’s biggest listings this year, giving a much needed boost to early backers including China’s Alibaba Group Holding Ltd. and SoftBank Group Corp.’s Vision Fund.
The Jakarta-based company raised $1.1 billion last week, meaning the value of the two investors’ stakes will be almost $5 billion combined following the share sale. That marks their first big windfall from an initial public offering this year after their stocks were both battered in past months.