The billionaire Peugeot family will cap the payments it receives from a publicly traded investment company for the use of the family name, bowing to criticism from minority shareholders who are upset at the performance of the business. from Bloomberg Markets https://ift.tt/FTVik5G
The first wave of UK economic data published since Prime Minister Rishi Sunak called a snap general election is already revealing the key dividing lines that separate the two main parties. from Bloomberg Markets https://ift.tt/blGXL8s
A bleak start to the year for Lululemon Athletica Inc. worsened this week after the departure of a key executive exacerbated Wall Street’s concerns around the outlook for the activewear company just ahead of its earnings report. from Bloomberg Markets https://ift.tt/n2wghbS
While the reaction to Nvidia Corp.’s results showed that Wall Street remains laser-focused on artificial intelligence, investors are increasingly looking beyond the usual suspects to find the next AI winners. from Bloomberg Markets https://ift.tt/4C6ToWV
“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Today’s guests: Paolo Gentiloni, EU Economy & Financial Affairs Commissioner; Cayla Seder, State Street Macro Strategist. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/4zYsv9G
Nigeria’s economy grew at a slower than expected rate in the first quarter as a sharp currency slump took a toll on the non-oil sector. from Bloomberg Markets https://ift.tt/xJoPpyv
Nigeria stepped up efforts to curb speculation against the battered naira, slapping tough new conditions on bureau de change and banning street trading in foreign currency. from Bloomberg Markets https://ift.tt/ZvJWy3H
A City of London office building linked to the family of a former Malaysian politician has been withdrawn from sale, according to people with knowledge of the process. from Bloomberg Markets https://ift.tt/GEZziX9
An index of major crops wiped out its 2024 loss as bad weather stokes worries about harvests from wheat to coffee, reviving concerns about rising food prices. from Bloomberg Markets https://ift.tt/SVvP6E7
The European Central Bank shouldn’t lower borrowing costs too rapidly as the retreat in euro-zone inflation is “bumpy,” according to Executive Board member Isabel Schnabel. from Bloomberg Markets https://ift.tt/HWEqbFB