13.10.2024 21:08 South Africa recorded the 200th day of constant electricity supply since state power utility Eskom Holdings SOC Ltd. halted rolling outages known as load shedding on March 26.13.10.2024 20:06 SpaceX Starship Flight 5 celebrated a successful launch test to catch a booster rocket for the first time. The flight took place in South Texas where the Super Heavy rocket launched Starship into space. Both the Super Heavy booster and Starship were able to successfully land back down on Earth. (Source: Bloomberg)13.10.2024 18:17 Saudi Arabia-based manpower provider Tamkeen Human Resources Co. got enough bids from investors to fully cover its initial public offering in the first hour after books opened Sunday, according to people familiar with the matter.13.10.2024 14:01 Placing a high value on personal growth, millennials and Gen Z appear more likely than older generations to make hobbies and nonessential purchases a spending priority.13.10.2024 14:00 The deli-meat company made its owners fabulously wealthy. But they have remained silent, even as the company faces the biggest scandal in its history.13.10.2024 12:00 When there are men in the room, a female colleague is made to feel invisible.13.10.2024 12:00 When independent movies like “Rosemead” travel to a state for tax incentives, they save money but add creative challenges.13.10.2024 8:55 China’s highly anticipated Finance Ministry briefing on Saturday lacked the firepower that equity investors had hoped for, indicating that the volatility that’s gripped the market following a world-beating rally will likely extend.13.10.2024 8:48 Former Macau judge Sam Hou Fai, who has warned against the outsize influence of the gambling industry in the city, was elected as its new leader by a 400-member committee.13.10.2024 6:17 A commission denied a request to increase the number of rocket launches on the state’s central coast, citing environmental concerns.12.10.2024 21:00 The cost of issuing catastrophe bonds looks set to go up, as asset managers who specialize in the securities react to the fallout from Hurricane Milton.12.10.2024 19:09 Spanish state-owned shipbuilder Navantia is nearing a deal to buy the UK’s Harland & Wolff Group Holdings out of administration, according to the Telegraph.12.10.2024 19:00 Oranges and some citrus trees are lying useless on the ground in Florida’s groves after Hurricane Milton tore through the state, setting back growers just as they hoped the worst for the struggling industry was over.12.10.2024 18:00 China moved to further ramp up support for the economy, promising more aid for the slumping property sector and indebted local governments. But officials still haven’t convinced economists that they’re doing enough to defeat deflation.12.10.2024 18:0012.10.2024 17:52 China urged the European Union not to conduct price negotiations with individual electric vehicle manufacturers, as eight rounds of negotiations in Brussels failed to result in an agreement over planned tariffs by the bloc.12.10.2024 17:27 Iraq said it pumped below its OPEC+ oil-production quota last month as it sought to comply better with the group’s effort to balance global crude markets.12.10.2024 17:0012.10.2024 17:00 Earnings season is here, and the US stock market’s furious $9 trillion 2024 rally is facing perhaps its biggest test of the year.12.10.2024 15:23 Intesa Sanpaolo SpA, Italy’s largest lender, is set to appoint a former top official of the Carabinieri military police as chief security officer after a reported spying scandal.12.10.2024 11:11 China will hand out twice the number of scholarships and step up financial aid to students as part of a series of policy measures announced by the Ministry of Finance on Saturday.12.10.2024 10:30 Hong Kong’s leader is set to announce measures to bolster the city’s standing as a global financial hub when he makes a key policy address next week, the South China Morning Post reported, citing unidentified sources.12.10.2024 9:48 With markets keen for details on China’s efforts to revive economic growth and end its housing slump, here are five key takeaways from today’s briefing by Chinese Minister of Finance Lan Fo’an and his colleagues. Bloomberg Terminal readers can click here for a full transcript.12.10.2024 7:52 China said it will issue special sovereign notes to boost capital at its largest state-owned lenders.12.10.2024 7:34 Bain Capital made a binding takeover proposal for Fuji Soft Inc. as it seeks to outmaneuver private equity rival KKR & Co., which has offered a lower price for the Japanese software developer.12.10.2024 7:21 China promised new measures to support the property sector and hinted at greater government borrowing to shore up the economy, as authorities seek to put a floor under the country’s growth slowdown.12.10.2024 5:41 New Zealand’s government said it will loosen investment rules in a bid to attract more foreign capital and boost productivity growth.12.10.2024 4:05 A little over a decade ago, Rio Tinto Group was reeling from the impact of disastrous investments. First, the bruising top-of-the-market purchase of aluminum group Alcan Inc., and then the ill-conceived swoop for Mozambique-focused coal outfit Riversdale Mining Ltd. The commodities boom cooled, top managers were pushed out and writedowns piled up.12.10.2024 3:11 Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Katie Greifield and Matt Miller. (Source: Bloomberg)11.10.2024 23:53 Shares of Toronto-Dominion Bank dropped again on Friday, bringing their two-day decline to almost 10%, after the lender agreed to stiff penalties for allowing financial crimes to take place for years in its US branches.11.10.2024 21:27 ABC Technologies Holdings Inc. has proposed buying TI Fluid Systems Plc for 200 pence ($2.62) per share, making its fifth bid to acquire the UK automotive components supplier. 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South Africa recorded the 200th day of constant electricity supply since state power utility Eskom Holdings SOC Ltd. halted rolling outages known as load shedding on March 26.
SpaceX Starship Flight 5 celebrated a successful launch test to catch a booster rocket for the first time. The flight took place in South Texas where the Super Heavy rocket launched Starship into space. Both the Super Heavy booster and Starship were able to successfully land back down on Earth. (Source: Bloomberg)
Saudi Arabia-based manpower provider Tamkeen Human Resources Co. got enough bids from investors to fully cover its initial public offering in the first hour after books opened Sunday, according to people familiar with the matter.
Placing a high value on personal growth, millennials and Gen Z appear more likely than older generations to make hobbies and nonessential purchases a spending priority.
The deli-meat company made its owners fabulously wealthy. But they have remained silent, even as the company faces the biggest scandal in its history.
When there are men in the room, a female colleague is made to feel invisible.
When independent movies like “Rosemead” travel to a state for tax incentives, they save money but add creative challenges.
China’s highly anticipated Finance Ministry briefing on Saturday lacked the firepower that equity investors had hoped for, indicating that the volatility that’s gripped the market following a world-beating rally will likely extend.
Former Macau judge Sam Hou Fai, who has warned against the outsize influence of the gambling industry in the city, was elected as its new leader by a 400-member committee.
A commission denied a request to increase the number of rocket launches on the state’s central coast, citing environmental concerns.
The cost of issuing catastrophe bonds looks set to go up, as asset managers who specialize in the securities react to the fallout from Hurricane Milton.
Spanish state-owned shipbuilder Navantia is nearing a deal to buy the UK’s Harland & Wolff Group Holdings out of administration, according to the Telegraph.
Oranges and some citrus trees are lying useless on the ground in Florida’s groves after Hurricane Milton tore through the state, setting back growers just as they hoped the worst for the struggling industry was over.
China moved to further ramp up support for the economy, promising more aid for the slumping property sector and indebted local governments. But officials still haven’t convinced economists that they’re doing enough to defeat deflation.
China urged the European Union not to conduct price negotiations with individual electric vehicle manufacturers, as eight rounds of negotiations in Brussels failed to result in an agreement over planned tariffs by the bloc.
Iraq said it pumped below its OPEC+ oil-production quota last month as it sought to comply better with the group’s effort to balance global crude markets.
Earnings season is here, and the US stock market’s furious $9 trillion 2024 rally is facing perhaps its biggest test of the year.
Intesa Sanpaolo SpA, Italy’s largest lender, is set to appoint a former top official of the Carabinieri military police as chief security officer after a reported spying scandal.
China will hand out twice the number of scholarships and step up financial aid to students as part of a series of policy measures announced by the Ministry of Finance on Saturday.
Hong Kong’s leader is set to announce measures to bolster the city’s standing as a global financial hub when he makes a key policy address next week, the South China Morning Post reported, citing unidentified sources.
With markets keen for details on China’s efforts to revive economic growth and end its housing slump, here are five key takeaways from today’s briefing by Chinese Minister of Finance Lan Fo’an and his colleagues. Bloomberg Terminal readers can click here for a full transcript.
China said it will issue special sovereign notes to boost capital at its largest state-owned lenders.
Bain Capital made a binding takeover proposal for Fuji Soft Inc. as it seeks to outmaneuver private equity rival KKR & Co., which has offered a lower price for the Japanese software developer.
China promised new measures to support the property sector and hinted at greater government borrowing to shore up the economy, as authorities seek to put a floor under the country’s growth slowdown.
New Zealand’s government said it will loosen investment rules in a bid to attract more foreign capital and boost productivity growth.
A little over a decade ago, Rio Tinto Group was reeling from the impact of disastrous investments. First, the bruising top-of-the-market purchase of aluminum group Alcan Inc., and then the ill-conceived swoop for Mozambique-focused coal outfit Riversdale Mining Ltd. The commodities boom cooled, top managers were pushed out and writedowns piled up.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Katie Greifield and Matt Miller. (Source: Bloomberg)
Shares of Toronto-Dominion Bank dropped again on Friday, bringing their two-day decline to almost 10%, after the lender agreed to stiff penalties for allowing financial crimes to take place for years in its US branches.
ABC Technologies Holdings Inc. has proposed buying TI Fluid Systems Plc for 200 pence ($2.62) per share, making its fifth bid to acquire the UK automotive components supplier.