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Morgan Stanley sells C$8 billion debt

  Bloomberg Morgan Stanley capped off the best start to a year in Canadian-dollar corporate-bond sales since 2013 as an improving global economy amid low interest rates creates the right conditions for borrowers and investors alike. The New York-based bank sold C$1 billion ($768 million) of debt, double the minimum originally indicated, to drive corporate-bond issuance in Canada’s domestic market ...

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What world’s biggest bank bosses say about Brexit exodus

  Bloomberg Frankfurt and Dublin are emerging as the biggest winners at London’s expense as banks prepare for Brexit by planning new hubs in the European Union. Standard Chartered Plc and Barclays Plc are set to choose Ireland’s capital as their EU base for ensuring continued access to the bloc, according to people with knowledge of their contingency plans. Goldman ...

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IS uses drones, innovating tactics with deadly effect

  MOSUL / AP First the tiny drones buzz overhead to observe Iraqi soldiers. Then, the IS group’s flying machines return to drop a small explosive device to sow panic among security forces — or deadlier still, to help guide a suicide car bomber to a target. And the innovations are expected to keep coming since IS has been spending freely ...

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