UK Prime Minister Rishi Sunak called a surprise UK general election yesterday evening, for July 4, with the prime minister battling a Downing Street downpour and protesters to set his Conservative Party up for a bruising six-week battle to try to stop Keir Starmer’s poll-leading opposition Labour Party from taking power. Ipsos UK and Ireland…
Oaktree Capital Management’s takeover of Inter Milan has left its former Chinese boss with a net worth close to zero, the final blow in the collapse of the onetime billionaire’s sprawling empire. from Bloomberg Markets https://ift.tt/lsCei4r
A fire at a Novo Nordisk A/S office building has been put out at the Danish headquarters complex, in what was the second blaze to hit the drugmaker in less than a week. from Bloomberg Markets https://ift.tt/75JOCYs
Great Eastern Holdings Ltd. appointed EY as independent financial adviser for the S$1.4 billion ($1 billion) offer from Oversea-Chinese Banking Corp. to buy the remaining stake the lender does not currently own, according to people familiar with the matter. from Bloomberg Markets https://ift.tt/o5Qp0ht
Calls for an interest-rate hike in Vietnam are emerging, with Malayan Banking Bhd. forecasting an increase as early as this month, as the currency weakened to a record low. from Bloomberg Markets https://ift.tt/xWXrJTy
The US is proposing to make Kenya the first country in Africa to benefit from funding in the Chips and Science Act, according to a White House official, underscoring thBloomberg News’ Ondiro Oganga discusses with Joumanna Bercetche on Horizons Middle East & Africa. e countries’ desire to cement tech industry relationships. (Source: Bloomberg) from Bloomberg…
Foreign holdings in Contemporary Amperex Technology Co. rose to a record high on Tuesday with global funds shrugging off Washington’s plan to boost tariffs on Chinese electric vehicle batteries. from Bloomberg Markets https://ift.tt/Blp5k3K
European Central Bank Vice President Luis de Guindos said a quarter-point interest-rate cut next month looks reasonable, according to an interview with Oberösterreichische Nachrichten. from Bloomberg Markets https://ift.tt/uZmQwK5
Shareholders in BHP Group say they see the world’s largest miner moving one step closer to a $49 billion takeover, after Anglo American Plc rejected a third approach but agreed to talks and granted its suitor an extra week to commit to a binding bid. from Bloomberg Markets https://ift.tt/peFZlC3
“Bloomberg Markets: Asia” is the definitive guide to the markets in Hong Kong and on the mainland. Haslinda Amin brings you the latest news and analysis to get you ready for the trading day. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/yAhXofq