Investors in South Africa had positioned for an election outcome where the ruling African National Congress could comfortably govern in coalition with a smaller party. But projections hinting at a significant erosion in ANC support have rattled those expectations and unleashed a flood of uncertainty. from Bloomberg Markets https://ift.tt/kzDtwnh
Swiss Army Tweezers and Corkscrew? The new model may be the dullest thing ever. https://www.wsj.com/articles/what-do-you-call-a-knife-without-a-blade-swiss-army-knife-80e581a4
Federal judges ordered Ohio Attorney General Dave Yost to stop blocking a measure that asks voters to ban qualified immunity for police and other government employees, but he plans to appeal, he said Thursday. Yost said he’d seek a review by the full U.S. 6th Circuit Court of Appeals in Cincinnati after a divided panel…
Hertz Global Holdings Inc. is exploring options to raise financing weeks after the company’s new chief executive officer pledged to get the company back on track following a failed bet on electric vehicles, according to people with knowledge of the matter. from Bloomberg Markets https://ift.tt/2eVy6dx
Prime Minister Viktor Orban’s ruling party was put on the defensive on government-controlled state television as contenders for next month’s European Parliament election held the first televised debate in the country in 18 years. from Bloomberg Politics https://ift.tt/JkthXv0
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Carol Massar and Tim Stenovec. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/bFgvU7X
President Joe Biden will allow Ukraine to launch US-provided munitions against military targets inside a limited area of Russia, overcoming concern that any such move could provoke a wider war with the West. from Bloomberg Politics https://ift.tt/b6t2oCw
Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $2.18 billion of their digital assets in kind, representing 97% of their assets owed and a 232% recovery since Genesis halted withdrawals. This recovery follows a settlement with Genesis and other creditors, ensuring that Earn users will receive 100% of their digital assets back…
Drop in Treasury yields brings some relief. https://www.wsj.com/articles/global-stocks-markets-dow-news-05-30-2024-6144c039
Three features by the Senegalese director, recently released as a set by the Criterion Collection in 4K restorations, turn an unflinching gaze on both his own countrymen and the Europeans in their midst. https://www.wsj.com/articles/ousmane-sembene-criterion-collection-4k-xala-emitai-ceddo-3ca22350