A federal appeals court upheld a ruling that defendants in Oregon who have been in jail for more than seven days without a defense attorney must be released from custody. The 9th U.S. Circuit Court of Appeals wrote in its 2-1 decision on Friday that Oregon’s public defense system is a “Sixth Amendment nightmare,” referring…
What the entire economy learned from the airline industry. from Bloomberg Markets https://ift.tt/yua7rdG
Iron ore dropped to the lowest level in more than six weeks on worries over the outlook for Chinese demand, which has been hammered by the protracted property crisis. from Bloomberg Markets https://ift.tt/pQ7i5ra
Paul Dobson and Kriti Gupta break down today’s key themes for analysis and investors on “Bloomberg Markets Today.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/04aKTAd
GSK Plc shares slumped in the wake of a court ruling that the UK drugmaker, alongside others including Sanofi, must face trials over whether the former heartburn treatment Zantac causes cancer. from Bloomberg Markets https://ift.tt/YmW4XNk
Oil prices were broadly steady after OPEC+ agreed to extend all production curbs into next year but also provided guidance on how it plans to unwind some of these over the coming months. https://www.wsj.com/articles/oil-falls-opec-decides-to-phase-out-some-output-cuts-9ae6cc9a
A landlord for branded business and industrial parks reported higher valuations as rapidly rising rents offset the impact of higher interest rates. from Bloomberg Markets https://ift.tt/oaQrZ7v
Stock gauges in India hit intraday record highs, with the Nifty 50 index rising about 3% and the S&P BSE Sensex Total Return index last up about 2.6%. https://www.cnbc.com/2024/06/03/india-stocks-hit-record-intraday-highs-as-exit-polls-predict-a-decisive-modi-win.html
South African Finance Minister Enoch Godongwana said the African National Congress won’t be “reckless” in choosing a coalition partner after losing its parliamentary majority. from Bloomberg Politics https://ift.tt/xGM1yso
Etihad Airways is moving along with a possible initial public offering, the first for a major airline in the Middle East, in a listing that would help the Abu Dhabi flag carrier raise additional funds to expand. from Bloomberg Markets https://ift.tt/TDe9Iz5