Bloomberg AT&T Inc.’s obsession with paying down debt has led to some financial creativity. Right before the end of 2019, AT&T took a collection of cell-tower rent payments that it will receive in the future, rolled them into a subsidiary, then sold shares of the unit to investors for $6 billion. The new entity is called AT&T Investment & Tower ...

Bloomberg European stocks climbed alongside US equity futures on Thursday and Asian shares mostly fell as investors sift the latest company earnings and brace for more data that will show the extent of the fallout from the coronavirus. The pound edged higher after a rate decision. The Stoxx Europe 600 Index opened in the green as most national gauges and ...

Bloomberg Hong Kong Exchanges & Clearing Ltd. (HKEX) Chief Executive Officer Charles Li said he’s stepping down after 10 years, adding his departure to the rising challenges for the bourse at a turbulent time for the financial hub. The 59-year-old will continue to lead the exchange until his contract expires in October next year, or leave earlier if a replacement ...