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Nostalgia and escapism helping to drive spending habits in 2026 – report
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Fertilizer Makers See Earnings Windfall as War Disrupts Supplies
Fertilizer makers CF Industries Holdings Inc. and Nutrien Ltd. each reported nearly 20% jumps in sales for the latest quarter, showing the extent of the Iran war’s upheaval on supply chains for the key crop nutrients.
Premier League CEO Masters earned £2.6m including £1.1m bonus in 2024-25
Accounts for year ending July 2025 show improved salaryRichard Masters had earned £1.9m the previous yearThe latest accounts filed by the Premier League show the chief executive, Richard Masters, received £1m in a performance-related bonus.Accounts by the Premier League for the year ending 31 July 2025 were published on Companies House on Tuesday and revealed Masters’ improved salary. Continue reading...
Fertiliser shortages will have ‘dramatic’ effect on global food prices, warns farming boss
Powerful property and farming firm Grosvenor Group says knock-on effect of Iran war could arrive next yearFertiliser shortages caused by the Iran war have driven up costs for UK farmers by up to 70% and will have a “dramatic” impact on food prices globally next year, according to one of Britain’s most powerful property and farming companies.Mark Preston, executive trustee of the 349-year-old Grosvenor Group, controlled by the Duke of Westminster, said fertiliser “was already quite expensive” bef...
Guggenheim ‘Leaning Into’ BDCs, Dina DiLorenzo Says
Guggenheim Investments President Dina DiLorenzo says the firm is working to launch a nontraded business development company, calling private credit an “important” asset class. She speaks at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)
Optimistic About Private Credit Opportunities: Poli
Danielle Poli, co-portfolio manager, global credit at Oaktree Capital, and Gretchen Lam, CEO of Octagon Credit Investors, join Scarlet Fu on "Bloomberg Deals." The titans of private markets descended on Beverly Hills for the annual Milken Institute, where they made it clear they were ready to move on from private credit’s recent woes. (Source: Bloomberg)
Major airline 'preparing for refuelling stops on flights' as airports 'run low' amid jet fuel crisis fears
Lufthansa is preparing for refuelling stops on flights as airport are experiencing jet fuel shortages linked to the ongoing Iran conflict.The airline recently faced disruption when a Cape Town‑bound Boeing 787, which can carry up to 290 passengers, was unable to refuel on arrival in South Africa and was forced to divert around 900 miles to Windhoek, Namibia, before continuing its journey. Lufthansa chief executive Carsten Spohr said the airline is drawing up contingency plans in case shortages b...
Zillow Shares Drop As Profit Outlook Miss Overshadows Upbeat 1Q
Zillow Group Inc. shares dropped 8% in post-market trading on Wednesday after the company’s second-quarter profit forecast missed Wall Street expectations, overshadowing upbeat results for the first quarter of the year.
Gas tax: How beer fuelled a debate on Australia's energy giants
Gas tax: How beer fuelled a debate on Australia's energy giants3 hours agoShareSaveAdd as preferred on GoogleHelen LivingstoneSydneyGettyAustralia makes more money from beer excise than its tax on offshore gas exports.Back in February, an otherwise dry senate hearing took an unexpected turn when a flustered treasury official confirmed a little known fact: Australia gets more tax from beer than gas exports."How do we live in a country, one of the biggest gas exporters in the world, and...
Major supermarket war erupts as retailers call for crackdown on Aldi and Lidl amid claims of ‘rigged system'
Sainsbury’s, Morrisons and Iceland have urged the Competition and Markets Authority (CMA) to tighten land rules for Aldi and Lidl, arguing the current system gives the German discounters an unfair advantage. The three supermarket groups want regulators to prevent Aldi and Lidl from using restrictive property covenants that can limit rival stores opening nearby.The CMA introduced the Controlled Land Order in 2010 to stop major grocers from blocking competition through land agreements, including a...
Brazil President Lula to discuss economy and security with Trump at White House
Brazil President Lula to discuss economy and security with Trump at White House 39 minutes agoShareSaveAdd as preferred on GoogleDaniel BushWashington correspondentREUTERS/Lisi Niesner/File PhotoUS President Donald Trump will host Brazilian President Luiz Inácio Lula da Silva at the White House on Thursday for talks on tariffs, other economic issues, and combatting organized crime.The two leaders have had a strained relationship since Trump returned to office, and the visit will be closely watch...
Insurance startup Corgi hits $1.3B valuation 4 months after its Series A
Business insurance startup Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion, the startup’s co-founder Nico Laqua said on LinkedIn. This comes just four months after the company announced a $108 million Series A. The company has now raised $268 million in funding to date, Laqua said and has become Y Combinator’s latest unicorn.
UFC’s New Pact With Paramount Skydance Lifts TKO’s Q1 Earnings
The UFC’s new licensing deal with Paramount Skydance helped boost TKO’s first quarter earnings as the pact with Paramount+ kicked in at the start of the year. TKO saw revenue for the quarter grow 26% year over year to $1.6 billion, while adjust earnings before interest, taxes depreciation and amortization grew 32% to $549.8 billion. […]
Ellevest CEO: Great Wealth Transfer Already Underway
Ellevest CEO Sylvia Kwan discusses ‘The Great Wealth Transfer’ and how the feminization of wealth will have the ripple effects throughout the economy. She talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)
Canada May ‘Redeploy’ Capital Tied up in Airports, Carney Says
Prime Minister Mark Carney said his government is considering spinning off or selling ownership stakes in Canadian airports in order to use the proceeds on new projects aimed at fueling economic growth.
Warner Bros. Discovery Saw Q1 Streaming, Studios Boosts, But Paramount Item Spurs Large Loss
Warner Bros. Discovery’s deal to be acquired by Paramount Skydance is supposed to create a behemoth of a company that includes everything from the CBS television network to the “Lord of the Rings” franchise. But as Aragorn said in that massive epic, today is not that day. A large financial obligation tied to dealings with […]
Fortress Vice Chair Sloan on Maturity Wall Opportunities
Fortress Vice Chairman & Global Head of Real Estate Tim Sloan discusses the impending commercial real estate maturity wall, and where he is looking for opportunities in the rest of the real estate market. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)
Gundlach Warns Investors Will Lose Money on Private Credit Funds
DoubleLine Capital Chief Executive Officer Jeffrey Gundlach raised pointed questions about financial advisers and other intermediaries who ushered individual investors into private credit and other so-called semi-liquid funds, suggesting they’ve been motivated by high fees as much as by their clients’ interests.
GameStop Makes $56B Bid For eBay, M&A Animal Spirits Are Strong At Milken | Bloomberg Deals 5/6/2026
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Searchlight Capital Founding Partner Eric Zinterhofer, OakTree Capital Co-Portfolio Manager, Global Credit Danielle Poli, Octagon Credit Investors CEO Gretchen Lam, and General Atlantic Co-President & Head of Global Growth Equity Martin Escobari. (Source: Bloomberg)
Brewers Owner Attanasio: ‘Don’t See’ Selling to Private Equity
Milwaukee Brewers Chair & Principal Owner Mark Attanasio discusses the possibility of implementing a salary cap and floor in MLB labor negotiations, the long term vision for the Brewers, and why owning a team is different than investing. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)