Renault SA will develop much of its sub-€20,000 ($21,700) Twingo in China, part of a push by the manufacturer to bring affordable electric vehicles to the market faster, according to people familiar with the situation. from Bloomberg Markets https://ift.tt/TrmGY0g
Federal Reserve Bank of New York President John Williams said he expects inflation to continue falling in the second half of this year, adding that elevated borrowing costs are restraining the economy. from Bloomberg Markets https://ift.tt/Epibtke
The move is unlikely to bring down the government, but it sends signal of dissatisfaction and sets up a possible election by as early as this summer. https://www.wsj.com/articles/netanyahu-rival-launches-push-to-dissolve-israeli-parliament-amid-split-over-gaza-war-2eac647e
The French Open has banned alcohol in an attempt to curtail rowdy behavior from fans, a measure that comes just days after Belgian player David Goffin said a fan had spit chewing gum at him during his first-round match. French Open tournament director Amelie Mauresmo announced that alcohol will no longer be allowed in the…
Benin is set to allow oil from Niger to be shipped through its port after China stepped in to mediate a dispute between the neighboring West African nations, according to a person familiar with the matter. from Bloomberg Markets https://ift.tt/djkUYZ7
EY Parthenon Chief Economist Gregory Daco examines Thursday’s batch of US economic data and explains why the labor market is a critical bellwether for inflation going forward. Gregory speaks with Tom Keene, Paul Sweeney and Lisa Mateo on Bloomberg Radio. Get more on the Bloomberg Surveillance Podcast: Apple: http://bit.ly/3OPtReI Spotify: http://bit.ly/42xmHPz Anywhere: http://bit.ly/3oOD8ZH (Source: Bloomberg)…
In Graham Moore’s historical thriller, a secret team in the Treasury Department takes the fight to Germany via finance. https://www.wsj.com/articles/the-wealth-of-shadows-review-hitting-hitler-in-the-wallet-fd7000d0
Two recent stories were so crazy that they made me step back and take a good look at how our enemies around the world must see us in the age of President Joe Biden. First, a story by Reuters and others reported that most of the aid being sent to Gaza through the American-funded pier…
On May 30, the renowned auto brand DeLorean, made famous in the iconic film “Back to the Future,” revealed a collaboration with Web3 creative agency Otherlife, a branch of Moonpay. Together, they aim to launch a groundbreaking marketplace where DeLorean enthusiasts can purchase, sell, and exchange vehicle reservation build slots. Web3 Agency Otherlife and Auto…
To some, Real Madrid president Florentino Pérez is a soccer visionary. To others, he’s a Bond villain. What’s indisputable is his record as one of the most successful executives in sports history. https://www.wsj.com/articles/real-madrid-champions-league-florentino-perez-mbappe-c045bd7f