
Shannon Harrington
Executive Editor at Bloomberg News
Executive Editor for global credit markets coverage at Bloomberg News. RT's aren't endorsements; views are my own.
Articles
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1 week ago |
news.bloombergtax.com | Luca Casiraghi |Shannon Harrington
Investors in the riskiest companies across the European Union barely flinched after Donald Trump threatened to reignite a brutal trade war with the region. The US president on Friday threatened to impose a 50% tariff on EU goods starting June 1 after complaining the bloc was slow-walking negotiations and unfairly targeting US companies with lawsuits and regulations.
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1 week ago |
news.bloomberglaw.com | Luca Casiraghi |Shannon Harrington
Investors in the riskiest companies across the European Union barely flinched after Donald Trump threatened to reignite a brutal trade war with the region. The US president on Friday threatened to impose a 50% tariff on EU goods starting June 1 after complaining the bloc was slow-walking negotiations and unfairly targeting US companies with lawsuits and regulations.
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1 month ago |
news.bloomberglaw.com | Shannon Harrington
The global pile of distressed debt eased from the highest level in more than seven months as some of the worst fears over the Trump Administration’s trade war ease. The total amount of bonds and loans in Bloomberg News’ global distressed debt tracker dropped 2.8% to $529.8 billion in the week ended April 25, according to data compiled by Bloomberg. It was the first weekly decline since Trump’s tariff announcement on April 2, though the tally is still up by more than $42 billion since then.
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2 months ago |
news.bloombergtax.com | Shannon Harrington |Luca Casiraghi
A month-long rise in the global distressed-debt market came to a halt last week as bonds from Russian energy giant Gazprom rebounded. A selloff in credit markets on Monday, however, threatened to make the reprieve short-lived. State-controlled Gazprom saw $3.25 billion of its bonds emerge from distressed trading levels as brokers continued to speculate on a normalization of relations between the US and Russia.
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2 months ago |
news.bloomberglaw.com | Shannon Harrington |Luca Casiraghi
A month-long rise in the global distressed-debt market came to a halt last week as bonds from Russian energy giant Gazprom rebounded. A selloff in credit markets on Monday, however, threatened to make the reprieve short-lived. State-controlled Gazprom saw $3.25 billion of its bonds emerge from distressed trading levels as brokers continued to speculate on a normalization of relations between the US and Russia.
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