Funding & Business
Marco Funds Ramp Up Option Bets on Aussie After Currency Rally
Macro hedge funds have increased bets on the Australian dollar, boosting exposure to options that pay off if the currency continues climbing against major peers, traders say.
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Giorgia Meloni’s government is working on a preliminary plan to raise an extra €1.5 billion ($1.8 billion) from Italian lenders in 2027 by postponing their tax deductions, according to people familiar with the matter.
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German fiber company Deutsche Glasfaser Holding GmbH is exploring options in case its plan to raise preferred equity fails.
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Exact Sciences CEO and Chair Kevin Conroy discusses the company’s new multi-cancer blood test and competitive environment. Speaking on “Bloomberg Open Interest,” Conroy also comments on President Donald Trump’s view that companies should report earnings every six months. (Source: Bloomberg)
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