Business
Australian State Triggers Emergency Powers Amid Fuel Crisis
(Bloomberg) -- Western Australia invoked emergency powers to force fuel suppliers to provide detailed information on their supply chains,…
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Bloomberg
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…
Culture
Air India seeks 100 billion rupees lifeline from SIA and Tata, Bloomberg News reports
The development follows a deadly Air India crash in June that killed more than 240 passengers Air India is seeking at least 100 billion…
Culture
Lim Boon Heng expected to retire as NTUC chairman as soon as this week: Bloomberg
Former Cabinet minister Lim Boon Heng is expected to retire from his role as chairman of NTUC Enterprise Co-operative, the parent of…
Business
Australia and PNG Sign Security Communique, Limiting China Gains
Photo by Ian Hitchcock/Getty Images (Bloomberg) -- Australia and northern neighbor Papua New Guinea have agreed on a new security pact…
Culture
Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg.…
Culture
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 Great Eastern is considering options…
Business
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…
Business
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…
Culture
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…
Business
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…
Culture
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…
Culture
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…
Business
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…
Business
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…
Business
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…
Culture
Citigroup awards special retention bonuses for dozens, Bloomberg News reports
CITIGROUP’S wealth unit has greenlit special retention bonuses for dozens of personnel this year as the Wall Street giant looks to prevent…