Funding & Business
A Slow Start to Amazon's Prime Day
Amazon’s Prime Day kicks off to a slower than expected start as early spending drops 14% compared to 2024. Bloomberg’s Spencer Soper joins Caroline Hyde on “Bloomberg Tech” to discuss the tariff impact on retailers and shoppers. (Source: Bloomberg)
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Pulp and paper manufacturer Celulosa Argentina SA filed for bankruptcy protection Monday, blaming the government of President Javier Milei for creating a bad business environment for local industry.
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Nigeria has set a lower threshold by which oil companies can recover their expenses as it seeks to boost government revenue amid lower crude oil prices threatening to widen the budget deficit in the West African nation.
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Debt swaps pioneered by Credit Suisse to fund nature conservation are enjoying a second life, as bankers see an opportunity to apply the model to everything from post-war reconstruction to energy security.
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