Rogers Communications Inc. hired Navdeep Bains, a former cabinet minister turned banker, to an executive role as the wireless and cable firm begins to absorb the assets of Shaw Communications Inc.
Goldman Sachs Group Inc. deal maker Vivek Bantwal said that companies are striking a balance between using private credit and publicly distributed debt, adding that which one is used shifts back and forth depending on borrowers’ needs.
Rakuten Bank Ltd. is set to start trading in Tokyo on Friday following Japan’s largest initial public offering since 2018.
Dalian Wanda Group Co. has become the latest source of angst in China’s credit market, with dollar bonds of billionaire Wang Jianlin’s conglomerate sinking toward distressed levels just months after they were issued.
Colombia’s leader asked US President Joe Biden for more military aid to fight cocaine smuggling, as his government pledges a new approach in the fight against drugs.
Los Angeles plans to hold off spending most of the money collected from a voter-approved “mansion tax” until legal challenges against the initiative are resolved.
Hasbro Inc. is in talks with Entertainment One founder Darren Throop to sell most of the film and TV studio’s assets back to him, according to people familiar with the matter.
Putting lawsuits behind you can get expensive.
BuzzFeed Inc. is shutting its news operation, and business-news publisher Insider Inc. is cutting about 10% of its staff in the latest retrenchments for the digital-media business.
Federal Reserve Bank of Cleveland President Loretta Mester said policymakers will gauge the impact of banks tightening their lending standards when they meet next month to discuss the peak rate.
