Funding & Business
Klarna Surges After IPO, Ellison Now World's Richest | Bloomberg Businessweek Daily 9/10/2025
On today’s episode of Bloomberg Businessweek Daily, Lisa Mateo and Jess Menton discuss President Donald Trump appealing judge’s order blocking him from firing Federal Reserve Governor Lisa Cook. Bloomberg’s Michael McKee drops by to break it down. Also on today’s show, BMO Capital Markets Senior Economist Jennifer Lee talks an unexpected PPI print as investors await August CPI, Bloomberg Tech co-host Caroline Hyde discusses Oracle and OpenAI signing a $300 billion computing deal as Larry Ellison surpasses Elon Musk to become the world’s richest person. Bloomberg’s Bailey Lipschultz talks Klarna shares climbing after an impressive IPO, and MARA Holding Chief Executive Officer Fred Thiel analyzes the energy needs and regulatory outlook for crypto. (Source: Bloomberg)
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Snam SpA’s purchase of a stake in German gas network operator Open Grid Europe from Abu Dhabi’s Infinity Investments is unlikely to close this month as planned, Il Sole 24 Ore reported.
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The Istanbul prosecutor’s office launched an investigation into Istanbul’s Bayrampaşa municipality on charges of “bribery” and “bid rigging,” state-run news agency Anadolu reported.
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For me, it’s been a week of chatting about the miseries of UK equities. First, I filmed a bit on the subject of the collapsing initial public offerings market. And it’s been quite some collapse: Between 2004 and 2012, saysPeel Hunt, the number of listed companies in the UK fell by around 40%.
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