- Bloomberg Markets - Faris Mokhtar, Andrea Tan, Niki Koswanage, Anders Melin
Dyson Ltd. is dialing back its hairdryer-related operations in Malaysia, according to people familiar with the matter who declined to be identified discussing matters that are private, as the consumer goods company seeks to streamline its business in the region.
Potential trade levies during a second Donald Trump presidency wouldn’t derail the European Central Bank’s easing plans, Governing Council member Francois Villeroy de Galhau said.
Another quarter-point policy rate cut will help Philippine stocks recover amid uncertainty over Donald Trump’s policies, the head of the local bourse said on Thursday.
Six powerful storms late in the season that ravaged crops and drenched vast areas of the Philippines have put the nation on track for record rice imports and raised concerns over elevated food inflation.
Germany’s beleaguered real estate market showed tentative signs of recovery as investors completed more large deals, even though offices are still getting the cold shoulder.
Blackstone Inc. invested more than $500 million in Lancium Inc., which is building more than 5 gigawatts of data centers in West Texas with an eye on supplying the booming energy demand for artificial intelligence applications, according to people familiar with the matter.
Ecobank already has the 200 billion naira it needs to meet the new capital adequacy requirements in Nigeria, according to Ecobank Group CEO Jeremy Awori. He spoke to Bloomberg's Jennifer Zabasajja and Joumanna Bercetche on Horizons Middle East and Africa. (Source: Bloomberg)
Car sales in Europe are flatlining, leading manufacturers including Ford Motor Co. and Volkswagen AG to push for cost cuts in response to muted demand.
India’s central bank will consider its job unfinished until inflation moderates around its 4% target on a durable basis, Governor Shaktikanta Das said.
Fresh troubles at the Adani Group are posing a threat to US-based GQG Partners LLC, which took a contrarian bet on the conglomerate after a short-seller attack last year.
Beyond Inc. has concerns about The Container Store Group Inc.’s ability to satisfy certain new financing requirements needed to complete its $40 million investment in the company, according to a statement on Wednesday.
A new report by Bloomberg Intelligence finds China well placed to challenge the US in the artificial intelligence race, although Chinese software firms face an arduous road to profitability. Senior analyst Robert Lea explains. (Source: Bloomberg)
Optimism about Baidu Inc.’s US-listed shares is waning ahead of the company’s third-quarter results, as traders debate whether the search engine’s artificial intelligence efforts will pay off.
Canadian fast-fashion retailer Groupe Dynamite Inc. will start trading in Toronto on Thursday after sewing up a C$300 million ($215 million) initial public offering that will cement its largest shareholder’s status as a billionaire.
Federal Reserve Bank of Boston President Susan Collins says more interest-rate cuts are needed, but policymakers should proceed carefully. She speaks at the University of Michigan’s Gerald R. Ford School of Public Policy in Ann Arbor.
New York prosecutors have charged billionaire Gautam Adani with participating in a scheme to pay over $250 million in bribes to Indian government officials for solar energy contracts. Patricia Hurtado reports on "Bloomberg: The Asia Trade." (Source: Bloomberg)
- Bloomberg Markets - Ameya Karve, Harry Suhartono, Abhishek Vishnoi
Adani Group units’ shares and bonds tumbled after US prosecutors charged founder Gautam Adani with participating in an alleged bribe plot. The conglomerate also scrapped a $600 million dollar bond sale.
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