Bloomberg News and Videos — Page 941

Apollo Global Management Inc. is preparing to start reporting the net asset values of its credit funds on a monthly basis, with aims for daily NAVs and third-party valuations over time. Aaron Weinman has more on "Bloomberg The Close."

Citi Research Global Chief Economist Nathan Sheets discusses the impacts of the conflict in Iran on the economy, next steps for the Federal Reserve, and the possibility of seeing headline inflation 'move up over the coming months.' He talks with Romaine Bostick and Katie Greifeld on "The Close."

KPMG Global Head of Oil & Gas Angie Gildea discusses 'unprecedented times' in the oil and gas industry, highlighting how the closing of the Straight of Hormuz would further limit options moving forward, and that releasing barrels would only be a temporary fix to the problem. She talks with Katie Greifeld and Romaine Bostick on "The Close."

Conditions could be ripe for the first $20 billion-plus biopharma deal in more than three years, according to Centerview Partners Co-President Eric Tokat. Tokat and Paul Weiss's Krishna Veeraraghavan joined Dani Burger and Michelle F. Davis on "Bloomberg Deals" for a roundtable to discuss their outlooks for biopharma M&A.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Nathan Sheets, global chief economist at Citi Research, discusses the implications of persistently high oil prices on US inflation and the consumer economy. He notes that while core inflation remains relatively unaffected, headline inflation could rise by as much as half a percentage point in the coming months due to these elevated energy costs.

Eric Tokat, co-president of investment banking at Centerview Partners, and Krishna Veeraraghavan, global co-head of M&A at Paul Weiss, joins Dani Burger and Michelle Davis on "Bloomberg Deals." They discuss the best way to approach and invest in the pharma sector.

President Donald Trump said he didn't believe Iran was laying mines in the Strait of Hormuz and repeated his suggestion that the war would end soon, even as the confirmation of an emergency oil release did little to calm volatile markets. Asked Wednesday whether Iran had laid mines in the strait, Trump told reporters, "We don't think so."

Saba Capital Management's Boaz Weinstein began offering investors quick cash for their stakes in such vehicles run by Blue Owl Capital. Now he's making the same proposal to backers of a Starwood Capital Group real estate fund that has severely curtailed withdrawals for nearly two years. Loukia Gyftopoulou, Bloomberg reporter, joins Dani Burger on "Bloomberg Deals" to discuss the deal.

The cash-and-stock transaction is expected to close in the second half of this year, subject to shareholders' approvals, and will help the companies compete in the garment industry. Bloomberg's David Carnevali joined Dani Burger on "Bloomberg Deals" after helping to break this story.