The Ackerman family is stepping aside as the majority shareholder of Pick n Pay Stores Ltd. amid a revamp of South Africa’s third-largest grocer by revenue. from Bloomberg Markets https://ift.tt/FasSkZx
The move by Alstom is the final step in its €2 billion deleveraging plan that also included asset divestments and a bond placement.. https://www.wsj.com/articles/alstom-to-raise-1-billion-in-discounted-share-capital-increase-080eaab8
A Thai court sentenced a lawmaker from a reformist party to three years in jail under the country’s royal defamation law, adding to the legal challenges of the main opposition party that’s facing dissolution despite winning a general election a year ago. from Bloomberg Politics https://ift.tt/i1bsApE
Indian logistics firm Allcargo says it sees growth for its international supply chain business in the second half of the year as global demand picks up. Allcargo’s Chief Strategy Officer Ravi Jakhar joins Haslinda Amin on Bloomberg Markets Asia for more. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/nYo1UMX
Nigerian officials say gunmen spent hours in the village and had time to drink tea before abducting people. https://ift.tt/P2jd0kl May 27, 2024 at 01:10AM
Washington is pressing European countries not to stoke tension with Iran at a coming U.N. atomic agency meeting. https://www.wsj.com/articles/u-s-opposes-european-plan-to-censure-iran-over-nuclear-work-85ad7fc6
Israel’s military is pressing ahead with its operations against Hamas in the southern Gaza city of Rafah despite a ruling from the International Court of Justice ordering it to halt such activity in the name of sparing civilians. Bloomberg News’ Onur Ant discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg…
Some employers are reluctant to hire college grads who attended recent pro-Palestinian protests over fears they are liabilities, an Intelligent.com survey found. https://www.cnbc.com/2024/05/27/employers-avoiding-hiring-college-grads-over-palestinian-protests-survey.html
A Qatar Airways flight struck severe turbulence over Turkey, injuring 12 people on board, before landing as scheduled in Dublin on Sunday. Bloomberg News’ Danny Lee discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/2tTYNxv
JPMorgan Asset Management increased its holdings of Indian local-currency sovereign bonds, viewing them as the best bet among peers in Asia. from Bloomberg Markets https://ift.tt/0TJHvkU