Hargreaves Lansdown Co-Founder Says Bid Has ‘Woken’ Stock Up
One of Hargreaves Lansdown Plc’s billionaire founders says the takeover bid by a group of private equity buyers is reinvigorating the company’s share price after years of downward drift. #press
Finnish Premier Says Russia ‘May Be Testing Us’ With Border Plan
Russia “may be testing” the NATO member countries on its western frontier with recent actions linked to demarcating its borders, Finnish Prime Minister Petteri Orpo said. #press
Lots More With Luke Kawa on Memestock Mania 2.0
Why this wasn't 2021 all over again. #press
The Rise and Fall of Simon Sadler's Segantii, One of Asia's Most Successful Hedge Funds
A criminal charge triggers the shutting of a 16-year-old fund with returns long envied by industry #press
Markets in 2 Minutes: Stocks Can Cope With Higher Yields
Anna Edwards and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg Markets Today." (Source: Bloomberg) #press
US Output Grows at Fastest Rate in Two Years, Nvidia Market Cap Bigger Than Entire Stock Markets
Daybreak Europe anchor Tom Mackenzie reports on the good news and bad news on the markets theme as US business activity expands the most in two years, with composite PMI topping economists' estimates, as well as Nvidia's stock surge with co-founder Jensen Huang... #press
ECB Won’t Cut in September After June Move, Danske Says
Danske Bank no longer predicts the European Central Bank will lower interest rates in September, citing sticky inflation and the strong start to 2024 by the euro-zone economy. #press
Stephen Bird Stands Down as Abrdn Chief Executive, CFO Steps In
Stephen Bird, the chief executive of trouble asset manager Abrdn Plc, has stepped down. #press
Crop Index Erases 2024 Loss, Rekindling Food Inflation Worries
An index of major crops has wiped out its 2024 loss as bad weather stokes worries about harvests from wheat to coffee, reviving concerns about rising food prices. #press
Chinese Power Stocks Rise After Xi’s Meeting on Deepening Reform
Shares of Chinese power producers gained after President Xi Jinping called for deeper reforms in the energy sector and other industries ahead of a key party meeting in July. #press
UK Retail Sales Fell More Than Expected During Rainy Spell
UK retail sales fell at the fastest pace this year as consumers delayed spending due to rainy weather and uncertain economic conditions, underlying the hurdles facing the Conservative government’s bid for reelection. #press
India’s Index-Eligible Bonds Set for Best Performance in a Year
The Indian government bonds eligible for inclusion in the JPMorgan Chase & Co. index look poised to deliver their best monthly returns in nearly a year, helped by fresh foreign inflows and a record central bank payout. #press
German Construction Ignites Recovery Consumers Will Soon Join
Construction and trade prevented a recession in Germany at the start of the year, setting off a recovery that should eventually be led by consumers. #press
Lenovo CFO on Annual Results
Wong Wai Ming, Executive Vice President and CFO at Lenovo, discusses his key takeaways from the company’s annual results and speaks on the current AI trends and its impact on the PC market.
He speaks on “The Pulse with Francine Lacqua“. (Source: Bloomberg) #press
UK Energy Bills to Fall 7% in July Just Before Election
UK household energy bills will drop in July, the same week the country goes to the polls in an election where cost of living is a key issue. #press
Pound Gets Boost as UK Vote Nixes Holdout Bets on June Rate Cut
The pound’s peer-beating rally received another boost this week as an interest-rate cut by the Bank of England next month became virtually unthinkable to traders. #press
Geopolitical Risk After Raisi's Death
The death of Iranian president Ebrahim Raisi raises a serious question about the future of one of the most powerful jobs in the Middle East: who or even what can succeed Supreme Leader Ayatollah Ali Khamenei. Bloomberg News' Ziad Daoud discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) #press
FTSE 100 Live: What's Moving UK Markets, Right Now #press
Jordan on Edge Over Iran, Israel Conflict
Bloomberg News' Sam Dagher discusses Jordan's precarious position between Israel and Iran conflict. He speaks with Lizzy Burden on Bloomberg Daybreak: Middle East & Africa. (Source: Bloomberg) #press
Bets on BOJ Hike Spur Biggest Rush to Yen Bond Market Since 2019
Overseas issuers sold yen bonds at the fastest pace in five years so far this month, chasing cheap funds before an expected interest rate hike by the Bank of Japan pushes up borrowing costs. #press
