A dispute over delays to sugar deliveries sold through a New York exchange ended with a case brought by Louis Dreyfus Co. being dismissed, according to people familiar with the matter. from Bloomberg Markets https://ift.tt/3a9ywrJ
US health insurers say their profits are being squeezed because states stripped Medicaid benefits from millions of people after the pandemic. from Bloomberg Markets https://ift.tt/3pAFf5c
Invesco portfolio manager Ben Gutteridge says the next UK government will be “cognizant of the mistakes the prior governments made” on pushing back on public spending. He joins Lizzy Burden and Kriti Gupta on “Bloomberg Markets Today.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/nHYP2zM
Bob Michele, JPMorgan Asset Management global head of fixed income, says Federal Reserve monetary policy is “100%, absolutely” sufficiently restrictive. He speaks on Bloomberg Television. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/89c3h5A
The Reserve Bank of India is considering allowing buyers of distressed debt to pick up equity stakes in stressed firms as well, according to Deputy Governor M. Rajeshwar Rao. from Bloomberg Markets https://ift.tt/fumQvFx
Soho House & Co. rejected an acquisition offer at a “substantial premium,” suggesting the unprofitable members-only club is confident in its ability to turn around. from Bloomberg Markets https://ift.tt/dB1F3eO
Dell Technologies Inc. fell sharply in premarket trading on Friday after its first revenue increase since 2022 wasn’t enough to impress investors with high expectations for the company’s AI server business. Sales rose and profits beat estimates. Woo Jin Ho of Bloomberg Intelligence is on “Bloomberg Surveillance.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/UbgO0WT
India’s economic growth topped 8% in the fiscal year that ended in March, faster than expected, giving Prime Minister Narendra Modi’s government a boost days before election results are announced. from Bloomberg Markets https://ift.tt/AzEuKdo
Copper behemoth Codelco is about to become a major global lithium player after signing a partnership that will give the state-owned company a majority stake in SQM’s prized Chilean brine assets. from Bloomberg Markets https://ift.tt/crwBshf
Argentina’s Mendoza province, known for Malbec vineyards that draw tourists from across the world, is moving to spur exploration of its copper deposits long shunned by prospectors due to restrictions and red tape. from Bloomberg Markets https://ift.tt/IXvxm2k