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Brexit raises concern scientists will flee UK

Bloomberg Prominent scientists are sounding the alarm on Brexit. UK researchers worry that a sharp break in ties with the European Union or failure to work out a deal could lead to an exodus of highly skilled specialists, crippling research, the Francis Crick Institute said. A survey of more than 1,000 staff members at the UK’s biggest biomedical research lab ...

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Europe’s second-lien loan sales surge

Bloomberg Issuance of second-lien loans in Europe has surged this year as more borrowers tap into the growing appetite from private debt investors who are keen to source higher-yielding paper. Supply volumes have been further boosted by a handful of larger transactions that includes this week’s 500 million euro ($571 million) second-lien loan for hearing-aid maker Sivantos Pte Ltd. and ...

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US capital-equipment orders fall for second straight month

Bloomberg Orders placed with US factories for business equipment declined in September for a second month, a sign momentum in capital investment has paused as global trade concerns persist, Commerce Department figures showed. The report showed declines in bookings for electrical equipment, appliances and components, while orders for computers and electronic products were unchanged. Categories with gains included motor vehicles ...

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