Vladimir Putin and “other hostile actors” are able to abuse a lack of regulation for the Telegram platform to spread fake news in the European Union’s eastern nations, a top EU commissioner warned. from Bloomberg Politics https://ift.tt/cDZvO14
German state-owned bank KfW sold 110 million shares in Deutsche Telekom for $2.7 billion to free up funds for investment in Deutsche Bahn. https://www.wsj.com/articles/kfw-divests-110-million-deutsche-telekom-shares-465f7b52
Anna Edwards and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg Markets Today.” For up to the minute market intelligence and insight, click MLIV . (Source: Bloomberg) from Bloomberg Markets https://ift.tt/LXPCfO3
Vanguard Chief European Economist Jumana Saleheen says she expects the European Central Bank to cut interest rates three times this year, with the first cut likely to happen on Thursday. “While the surprise was on services inflation, which has proved stickier, all other components are actually very much going back to trend,” Saleheen said on…
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong…
British American Tobacco maintained its 2024 guidance of low-single-digit organic revenue growth as it reported performance for the first half of the year in line with its expectations. https://www.wsj.com/articles/british-american-tobacco-backs-2024-guidance-a68a924c
Analysts at Danske Bank A/S said Norway’s central bank will probably make fewer interest-rate cuts this year than presumed earlier, citing higher-than-expected wage growth and a lower risk of recession. from Bloomberg Markets https://ift.tt/maZiSDk
A glitch during a software update early Monday led the New York Stock Exchange to erroneously halt trading on about 40 stocks and display odd trades showing a 99% drop in companies including Warren Buffett’s Berkshire Hathaway Inc. from Bloomberg Markets https://ift.tt/L1CWmox
While bitcoin’s price stagnated below a key resistance level, the blockchain achieved a notable milestone before the end of the month. On May 28th, transactions on the Bitcoin network surpassed $25 billion in estimated value, representing the highest level in US dollar terms over the past year. Despite facing hurdles in breaching the crucial resistance,…
Claudia Sheinbaum won a landslide victory to become Mexico’s first female president and the nation’s first Jewish head of state, in an election that paved the way for constitutional changes that risk weakening the country’s democracy. https://www.wsj.com/world/americas/mexicos-peso-tumbles-as-ruling-party-sweeps-election-e6060f4f