Business
China’s Private Home-Sale Data Vanishes After Vanke Turmoil
(Bloomberg) -- Two of China’s private data agencies skipped releasing monthly home sales figures without explanation, clouding the outlook…
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Bloomberg
News
Great Eastern plans to delist through higher OCBC-backed bid: Bloomberg
The offer is expected to be fair and reasonable in accordance with Singapore’s listing guidelines, according to a Bloomberg article Great…
Politics
Canada’s Liberals Decide Against New Rules to Oust Party Leader
(Bloomberg) -- Elected lawmakers in Canada’s governing Liberal Party voted against adopting a mechanism that would have given them more…
Politics
Carney Looks to AI for Savings as Canada’s Budget Pressures Mount
(Bloomberg) -- Prime Minister Mark Carney said Canada will begin to use artificial intelligence “at scale” to make the government more…
Business
Bloomberg terminal outage disrupts bond sales across Europe
— News and data company Bloomberg suffered an outage to its terminal for financial professionals on Wednesday (May 21), disrupting numerous…
Business
Bloomberg terminal back up after outage affects European bond sales
— News and data company Bloomberg said its systems were returning to normal on Wednesday (May 21) after a brief disruption earlier in the…
Politics
China Ran Record Budget Deficit With Spending Blitz Amid Tariffs
(Bloomberg) -- China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the…
Business
Spain to approve BBVA bid for Sabadell, Bloomberg reports
Spain’s antitrust agency approved with conditions BBVA‘s (BBVA) bid to acquire Banco Sabadell, Jorge Zuloaga of Bloomberg reports, citing…
Business
OpenAI finalizes a record $40-billion funding round
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion from…
Business
Musk’s X in talks to raise money at US$44 billion valuation, Bloomberg News reports
ELON Musk’s X social media platform is in talks to raise money from investors at a US$44 billion valuation, Bloomberg News reported on…
Politics
China mulling probe into Apple’s app store fees, practices, Bloomberg News reports
CHINA’S antitrust regulator is preparing for a possible investigation into Apple’s policies and app store fees, Bloomberg News reported on…
Politics
Australia Opposition Focuses On Living Costs in Campaign Launch
(Bloomberg) -- Australia’s main opposition prioritized cost-of-living and housing issues as it kicked off its campaign for the next…
Business
SpaceX, Amazon in discussions with IAG SA on Wi-Fi deal, Bloomberg says
https://www.tipranks.com/news/the-fly/spacex-amazon-in-discussions-with-iag-sa-on-wi-fi-deal-bloomberg-says IAG SA, which owns British…
Politics
France Won’t Be Blackmailed on Budget, Finance Minister Says
(Bloomberg) -- Finance Minister Antoine Armand said France won’t accept artificial budget deadlines from Marine Le Pen even as the…
Politics
Georgia Premier Says Doesn’t See Kyiv-Type ‘Maidan’ Amid Clashes
(Bloomberg) -- Georgia’s premier blamed “radicals and their foreign chiefs” for a second night of violent clashes between protesters and…
Business
Renault hires in China to improve EV development, Bloomberg says
https://www.tipranks.com/news/the-fly/renault-hires-in-china-to-improve-ev-development-bloomberg-says Renault (RNLSY) is trying to…
Business
Philippines Approves Purchase of 40 Patrol Boats Amid China Spat
(Bloomberg) -- The Philippines has approved the purchase of 40 fast patrol craft worth 25.8 billion pesos ($441 million), seeking to…
Politics
Mexico’s Top Court Dismisses Bid to Limit Judicial Overhaul
(Bloomberg) -- Mexico’s Supreme Court dismissed a ruling intended to limit the scope of a judicial overhaul passed by Congress, easing…
Business
Diesel Demand in India Faces Headwinds as Economy Slows
(Bloomberg) -- The diesel market in India is losing momentum as the economy expands at a slower pace and consumption patterns shift in the…
News
Toxic Waste That Set Off Global Outcry Seized by Albania’s Prosecutors
(Bloomberg) -- Albanian prosecutors ordered that containers filled with suspected hazardous industrial waste be seized after the cargo was…
News
Peru Sentences Ex-Leader Toledo to Prison Over $35 Million Bribe
(Bloomberg) -- A Peruvian judge has sentenced former President Alejandro Toledo to 20 1/2 years in prison for having received an…
Business
Quarter of English Town Halls Likely to Need Bailout, Poll Finds
(Bloomberg) -- A quarter of town halls in England are likely to need emergency bailouts from the UK’s central government to avoid…
Politics
Colombia Hikes Tariffs on Cheap Steel Imports From China
(Bloomberg) -- Colombia became the latest Latin American country to raise tariffs on Chinese steel, as producers complain of the threat to…
Politics
Moldova Leader Set for First-Round Win, EU Vote Risks Rebuff
(Bloomberg) -- Moldovan President Maia Sandu was on track to win the first round of Sunday’s elections, but a key referendum on joining…