Leaders With Lacqua

Francine Lacqua delves into the motivations of some of the most powerful individuals in the world. She engages her guests in conversation about what fuels their passion, prompts them to elaborate on their definition of success, and encourages them to share their sources of inspiration.

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Ex-CEO of Ocean Parks Fined $10,000 a Day in Spat With Lenders

1 day ago | bloomberg.com | Steven Church |Jonathan Randles

The grounds of the Miami Seaquarium, operated by the Dolphin Company, in Miami. Photographer: Joe Raedle/Getty Images(Bloomberg) -- The former chief executive officer of a string of bankrupt, dolphin-themed animal parks is facing a $10,000-a-day fine, after he was accused of using credit-card readers he bought at Costco to divert ticket revenue away from his company’s Mexican locations.
Qatar Withdraws Interest for Rosneft’s German Operations

1 day ago | bloomberg.com | Petra Sorge |Fiona MacDonald |Fiona Macdonald

A Rosneft oil refinery in Schwedt, Germany. (Bloomberg) -- Qatar withdrew its interest in the seized German operations of Russia’s state-controlled oil company Rosneft PJSC, according to people familiar with the matter. The Qatar Investment Authority was the last party interested in the refining assets, leaving their future in limbo, said the people, who asked not to be identified as the discussions are private.
Macquarie-Owned Fiber Provider Taps Debt Advisors Amid Cash Burn

1 day ago | bloomberg.com | Giulia Morpurgo |Jamie Nimmo

Fiber optic cables(Bloomberg) -- UK broadband provider KCOM Group Limited and its lenders are gearing up for debt talks as the business owned by Macquarie burns through cash. KCOM, which operates in the north of England, is working with advisors including PJT Partners Inc., according to people familiar with the matter.
Börsenblase droht: Bank of America warnt vor Zinsspekulationen

1 day ago | bloomberg.com | Julien Ponthus |Michael Msika

Die Gefahr einer spekulativen Börsenblase wächst, warnt Michael Hartnett von der Bank of America. Grund dafür sind steigende Erwartungen, dass die US-Notenbank bald die Zinsen senkt, wodurch enorme Kapitalzuflüsse in Aktien ausgelöst würden. Während sich die USA Handelsabkommen mit China und anderen Partnern nähern, geraten Zollkriege und geopolitische Spannungen zunehmend aus dem Blickfeld der Anleger.
Hartnett, de BofA, alerta sobre posible burbuja en acciones por recortes de tasas

1 day ago | bloomberg.com | Julien Ponthus |Michael Msika

El riesgo de que se produzca una burbuja especulativa en el mercado bursátil está aumentando a medida que las expectativas de recortes de tasas de interés en Estados Unidos atraen enormes flujos de inversión hacia las acciones, según Michael Hartnett, de Bank of America Corp. A medida que EE.UU. se acerca a acuerdos comerciales con China y otros socios, los inversionistas se muestran menos preocupados por las guerras arancelarias y la geopolítica.
Shein to File Confidentially for Hong Kong IPO, Reuters Says

1 day ago | bloomberg.com | Bre Bradham

A woman opens an order from Shein. (Bloomberg) -- Shein Group Ltd. is planning to confidentially file a draft prospectus for an initial public offering in Hong Kong in the coming days, Reuters reported, which would mark the third venue the company has sought to debut in. The move to apply confidentially is rare in Hong Kong, where companies generally make such filings public, Reuters reported.
Die Koalition unter Strom: Fünf Themen des Tages

1 day ago | bloomberg.com | Petra Sorge |Annika Reichelt |Jenni Thier |Alexander Kell

Petra Sorge über ein Stromproblem — Abonnieren Sie unseren Newsletter Fünf Themen des Tages und erhalten Sie samstags das Hauptstadtgeflüster direkt in Ihre Mailbox. Es war das große Entlastungsversprechen von Union und SPD: die Stromkosten für alle um mindestens 5 Cent zu senken und dafür — so lautete die Formel im Koalitionsvertrag, “die Stromsteuer für alle so schnell wie möglich auf das europäische Mindestmaß” zu senken.
BofA’s Hartnett Sees Risk of Stock Bubble on Fed Pivot, Tax Cuts

1 day ago | bloomberg.com | Julien Ponthus |Michael Msika

The New York Stock Exchange(Bloomberg) -- The risk of a speculative stock-market bubble is increasing as expectations of US interest-rate cuts draw massive investment flows into equities, according to Bank of America Corp.’s Michael Hartnett. With the US moving closer to trade deals with China and other partners, tariff wars and geopolitics are becoming less of a concern for investors.
Russian Fuel Flows Decline to Lowest in 8 Months on Baltic Slump

1 day ago | bloomberg.com | Prejula Prem

(Bloomberg) -- Russia’s oil product exports dropped in June to the lowest in eight months amid extended work at refineries supplying Baltic ports, coupled with efforts to stabilize domestic fuel supplies before the upcoming seasonal surge in agricultural and holiday consumption. Seaborne shipments of refined fuels totaled 2 million barrels a day in the first 20 days in June, according to data compiled by Bloomberg from analytics firm Vortexa Ltd.
NYC's $4.4 Billion Casino Battle Now Lies With Gambling Skeptics

1 day ago | bloomberg.com | Christopher Palmeri |Nacha Cattan |Laura Nahmias |Patrick Clark |Natalie Wong

Casino backers are seeking to change New York's skyline with the potential projects. (Bloomberg) -- But the downstate process has proven more tedious than the upstate. One major hurdle for the New York City area projects is the requirement that a community advisory committee consisting of state and local officials approve the projects. Those boards will be a key part of the process, convening to vote and hold public hearings for the projects.