Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
We take a look at China’s international projects and what they mean for the rest of the world. China is investing in and developing projects across the world – how are those moving forward and are they on course to deliver China’s goal of becoming the primary global power by 2049.
How a Ban on Russia’s Mining Giants Could Shake the Metals World
Blackstone to Expand European Headquarters With New London Base
Tesla’s Week to Forget Is the Anchor Weighing On the S&P 500
Starbucks Illegally Fired Michigan Worker Over Union Activism, Labor Board Judge Rules
UBS Dropped From $3.4 Billion Texas Muni Deal in Latest Blow
BP To Triple Wind-Farm Workforce as Part of Renewables Push
Biden Tightens China Chip Rules on Chaotic Day for Industry
Hacked Optus Customers Kick Off Legal Hunt for Compensation
Hong Kong Sentences Five Democracy Activists to Detention
Key Russian Bridge to Crimea Shut As Blast Hits Fuel Train
Portugal Unveils Digital Nomad Visa to Lure Remote Workers
Credit Suisse’s Wild Ride Is Starting to Spook Some Clients
More Robots, Less Cash, New Shibuya Await Tourists Back to Japan
Sugarcane Billionaire Ometto Plows Into Mining With Vale Bet
Google’s AI Videos Point to a Machine-Generated Future
Nord Stream Explosions Show the Deep Sea Is Now a Battleground
The Labor Market Is Coming for Profit Margins — or Worse
Hackers Target Eager Homebuyers With a Dumb Scam That Keeps Working
Adidas Seeks New Boss to Bring Buzz to Brand and Bottom Line
The China Bubble Is Losing Air But Won’t Burst
Starbucks Illegally Fired Michigan Worker Over Union Activism, Labor Board Judge Rules
Tribal Nations Demand Repeal of Oklahoma’s Anti-CRT Law
Desperate Europeans Return to the World’s Oldest Fuel for Warmth
Tropical Storm Julia Threatens Central America With Floods
How Finland Put Traffic Crashes on Ice
NY Ban on Guns in Times Square, Other Public Places Is Ruled Unconstitutional
What Can the World Learn From 100 Resilient Cities?
Hackers Feast on Crypto Weak Link and Even Binance Isn’t Spared
Bitcoin Drops as Strong Jobs Data Seen Keeping Fed on Rate-Hike Path
Binance May Spend Over $1 Billion This Year on Deals, CZ Says
Hi there, it’s Yiqin Shen in New York. In today’s newsletter, I’m looking at my latest survey with arb investors who are concerned that the leveraged debt market’s fallout is hurting their deal bets. Elsewhere, the Musk saga continues, while Credit Suisse may be moving forward with a spinoff of its investment bank.
Today's top stories
It’s been a bumpy year for merger arbitrage traders. The Citrix buyout was just completed by the skin of its teeth. The Twitter saga appears to be headed for a resolution but the financing still looks hairy. And now, Tenneco’s deal with Apollo is shaping up as the next battleground.