Here's the latest for Friday August 18th: Kofi Annan has died at age 80; Thousands are stranded amid Kerala floods; Italy's leader demands safe roads as bridge toll rises to 43; Anti-Brexit video game paints dark vision of future Britain. (Aug. 18)
Aug.17 -- Convertible debt has emerged as a rare bright spot in the beleaguered fixed-income market this year, boosted by a rallying share market and rising interest rates. The combination has triggered the fastest pace of new sales in a decade, led by technology companies. Raymond James' Kevin Giddis, Nomura's George Goncalves, and Aberdeen Standard Investments' Luke Hickmore discuss with Bloomberg's Jonathan Ferro.
Lizette Salas shot an 8-under 64 Saturday to take a two-shot lead over Sung Hyun Park and Amy Yang after the third round of the Indy Women in Tech Championship
Aug.17 -- Turkey's currency crisis, trade fears and other geopolitical tensions sent European banks, EM equities and copper to bear territory this week. But the U.S. remained unscathed. U.S. equity bulls shrugged off a slew of market routs elsewhere to see no end to the SPX's decoupling impulse. Raymond James' Kevin Giddis, Nomura's George Goncalves, and Aberdeen Standard Investments' Luke Hickmore debate the outlook for U.S. exceptionalism.
Aug.17 -- Google Chief Executive Officer Sundar Pichai told employees at a meeting that plans to re-enter China with a search engine are “exploratory” and in “early stages". Bloomberg's Alistair Barr has more on "Bloomberg Technology."
Italian firefighters on Saturday released drone footage showing emergency efforts to secure the area around the highway bridge in Genoa that collapsed on Tuesday. (Aug. 18)
Thousands of stranded people are waiting for rescue as relentless monsoon floods batter the south Indian state of Kerala, where more than 170 have died in a little over a week and much of the state is at least partially submerged