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Creditors at odds over Seven & i deal

Bloomberg The debt market is showing concern about Seven & i Holdings Co’s $21 billion deal to buy Marathon Petroleum Corp’s gas-station business, even as equity investors grew more positive on the purchase. The credit rating of the world’s largest convenience store operator was cut by Moody’s Investors Service from A1 to A2, the sixth-highest level, citing “an expected spike ...

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Desperate search for Beirut blast survivors with 100 dead

Bloomberg Army personnel and rescue workers sifted through mountains of rubble from a massive explosion that flattened Lebanon’s main port, looking for survivors from a blast that roared through the capital, Beirut, killing at least 100 people and wounding thousands more. Authorities appealed to other countries for emergency aid as concerns over food supply in the import-dependent nation mounted. Officials ...

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Coronavirus is ‘going away’, says Trump

Bloomberg President Donald Trump said the coronavirus pandemic is “going away,” as the US continues to see tens of thousands of new daily cases and recorded 1,380 deaths. “This thing’s going away. It will go away like things go away,” Trump said in a telephone interview with Fox News. He said the US is in “very good shape” while touting ...

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