AGGREGATED External reporting by Bloomberg. This page summarizes the publisher's feed entry; the full article is on www.bloomberg.com.
Volkswagen AG is selling new green hybrid bonds with a roughly 2.5% spread premium over its senior debt, as the German carmaker struggles with a slump in demand in China and a costly restructuring.
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Applications for US unemployment benefits fell by 6,000 to 189,000 last week. Continuing claims rose 23,000 in the week ending Oct. 31. Enda Curran reports on Bloomberg Television. (Source: Bloomberg)
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Hertz Global Holdings Inc. said its third-quarter profit missed estimates on higher operating costs.
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Water levels on the Rhine River are forecast to drop again in the coming days, threatening to push barge rates even higher and continuing to choke many deliveries of goods to and from Europe’s biggest port.
Moonshot AI has sought leasing agreements with neoclouds for advanced chips in Europe, as U.S. export controls restrict their import to China.
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US labor productivity accelerated in the third quarter at the fastest pace in a year, suggesting a capital spending boom is translating into greater efficiency at a time when input costs have soared.
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Mark Cabana, co-head of global rates strategy at BofA Securities, explains what he sees markets getting wrong on pricing in interest-rate hikes from the Federal Reserve as he expects the Fed to potentially need to go beyond three hikes. He…