(Bloomberg) -- Former Macquarie Group Ltd. banker Ben Brazil raised $1.4 billion for his firm’s second fund targeting distressed assets globally.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisChicago Halts Hiring as Deficit Tops $1 Billion Through 2025World's Second Tallest Tower Spurs Debate About Who Needs ItUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusThe Plan for the World’s Most Ambitious Skyscraper RenovationBrazil’s FitzWalter Capital Ltd.
(Bloomberg) -- Currency strategists have had a radical rethink on the trajectory of the yen in the wake of the Bank of Japan’s interest rate hike in July and the Federal Reserve’s recent signaling of looming cuts to US borrowing costs.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsPrior to the BOJ’s July 31 decision, many strategists still warned of further weakness in the beleaguered yen, a
(Bloomberg) -- Blackstone Inc. is nearing a deal to acquire Australian data center operator AirTrunk for more than A$20 billion ($13.5 billion) including debt, people familiar with the matter said, in what could be one of the largest digital infrastructure deals this year.Most Read from BloombergThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatMadrid to Ban E-Scooter Rentals, Following Lead Set in Pa