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Berkshire names managers for its second yen bond sale of 2023

BLOOMBERG Warren Buffett’s Berkshire Hathaway Inc plans to sell yen-denominated corporate bonds for the second time this year, according to lead underwriter Mizuho Securities Co. The company is considering issuing the bonds in the near future, and sales will be limited to qualified institutional investors in Japan, according Mizuho, which said that itself and BofA Securities Japan Co will manage ...

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Stocks slip before Fed Chair Powell’s speech; M&S rallies

BLOOMBERG Stocks edged lower as investors awaited clues on the path of interest rates from a raft of central bank officials including Federal Reserve Chair Jerome Powell.  Europe’s Stoxx 600 fell 0.1% and US equity futures traded little changed. The 10-year Treasury yields climbed by three basis points to 4.6%. West Texas Intermediate held at $77, near a three-year low. ...

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UAE sends further five planes carrying equipment for Gaza field hospital

ABU DHAB/ WAM The UAE has sent a further five planes carrying supplies and equipment to support the construction of a field hospital in the Gaza Strip, bringing to 16 the total number of aircraft sent as part of the UAE’s Gallant Knight 3 humanitarian operation. The cargo of these planes will be unloaded in the Egyptian city of El ...

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