Funding & Business
EU Bonds Hit Market Milestone as Eurex Starts Offering Futures
Europe’s largest bond-futures exchange is launching a contract for the European Union’s debt on Wednesday, a move that could help boost trading liquidity and eventually lower the bloc’s borrowing costs.
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Black Rock Coffee Bar Inc., an operator of a drive-through-focused coffee chain, raised $294.1 million in a US initial public offering that priced above its marketed range.
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Global investors are once again warming up to Chinese government bonds, after a selloff driven by a rotation into stocks sent yields to multi-month highs.
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Former Virgin Australia Holdings Ltd. Chief Executive Officer Jayne Hrdlicka left the airline with a final package of A$50 million ($33 million), a windfall that makes her one of the country’s best-paid leaders.
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