Mercedes Profits Hit by Competition, China Slump
Mercedes-Benz Group AG’s key gauge of profitability slid to 4.7% in the third quarter, undershooting the company’s minimum target of 8%. The company plans to step up cost improvement measures after fierce competition and weaker demand in China hit the luxury-car maker’s profits. Bloomberg’s Oliver Crook reports. #press
US Authorizes THAAD System to Israel, SpaceX Success, More
Source: Bloomberg, 4:52 #press
A US Presidential Race Like No Other
Get caught up. #press
Odd Lots Newsletter: There’s Something Happening With The Three Cs
Hello and welcome to the weekly Odd Lots newsletter, where Joe Weisenthal and Tracy Alloway bring you their thoughts on the most interesting developments in markets, finance and the economy. #press
Bloomberg Intelligence: Nvidia and Target Earnings (Podcast)
Source: Bloomberg, 37:16 #press
Consumer Sentiment 6-Month Low, Eco Look Ahead, More
Source: Bloomberg, 5:00 #press
ABN Amro Is Latest Bank to Suffer Breach After Hack at Supplier
ABN Amro Bank NV became the latest European lender to suffer a data breach through one of its suppliers as criminals seek to exploit weaker links adjacent to banking. #press
Canva Takes On Adobe With Work Tools to Speed Up Growth
Canva unveiled a new suite of design tools for enterprise users, seeking to lure some of rival Adobe’s biggest customers and accelerate revenue growth. Canva Co-Founder Cameron Adams joins Ed Ludlow on "Bloomberg Technology." (Source: Bloomberg) #press
Waystar Said to Plan $950 Million IPO Launch as Soon as Tuesday
Health-care payments software firm Waystar Holding Corp. is moving ahead with a planned US initial public offering that’s expected to launch as soon as Tuesday, according to people familiar with the matter. #press
Inflation Expectation Tempered, R-Star Decline, More
Source: Bloomberg, 4:46 #press
Bloomberg Intelligence: Avian Flu Spreads (Podcast)
Source: Bloomberg, 31:31 #press
Allegra Stratton and Ailbhe Rea: The End of an Era?
Hi there, welcome to The Readout. Until the general election on July 4, The Readout will be co-written by Allegra Stratton and Ailbhe Rea alongside other colleagues from the newsroom, giving you extra perspective and analysis as the campaigns unfurl. Hope you enjoy it. #press
Inflation Worries Ease, Nvidia Gains, Court Targets Israel, More
Source: Bloomberg, 5:21 #press
Outgoing South African Minister on Election Prospects
Minister of Public Enterprises Pravin Gordhan announced that he'll be retiring from government after decades of serving in various ministerial posts as part of the African National Congress. In his most recent role, he oversees state-owned enterprises including the likes of Eskom, South African... #press
Urban Design Keeps South Africa Segregated
Decades have passed since Apartheid came to an end, but South Africa remains divided. One reason is the legacy of its urban planning, which forced many black South Africans to the periphery of cities.
(Source: Bloomberg) #press
Criminal Charge Ends Reign of Top Asia Hedge Fund Segantii #press
Expensive Homes:Â The Bloomberg Close, Europe Edition
Good afternoon. Here’s what you need to know to end your day. #press
With Big Video Games Missing, Indies Fill the Void
Halfway through 2024, four of the top seven best-reviewed games, not counting remakes, are indies #press
Bloomberg Surveillance: Markets and the Dollar (Podcast)
Source: Bloomberg, 26:37 #press
Bloomberg Surveillance TV: May 24, 2024
Source: Bloomberg, 33:06 #press