China Touts Yuan as US Ups Strong Dollar: 3-Minutes MLIV
Anna Edwards, Guy Johnson and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Anna Edwards, Guy Johnson and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Abu Dhabi's Mubadala Investment Co. is opening up one of its largest investment businesses to outside investors for the first time, Dinesh Nair reports.
Adnoc Distribution is has agreed to buy Shell fuel stations across South Africa in a deal valued at $1 billion. CEO Bader Saeed Al Lamki explained the rationale behind the move to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa.
Fintech provider 8common (ASX:8CO) secured nearly a $2 million software contract with the Australian Taxation Office.
UK Business Secretary Peter Kyle said the governing Labour Party's industrial strategy will survive a change of leadership, arguing Keir Starmer's likely successor, Andy Burnham, was "already committed" to the policy. Kyle made the comments Monday in an interview to Bloomberg's Lizzy Burden.
EQ Resources (ASX:EQR) executed agreements to acquire two exploration companies to expand its tungsten footprint in Queensland by 45%.
Northern Minerals (ASX:NTU) said multiple foreign investors missed a July 2 deadline to divest a 17.6% stake in the rare earths company.
Asian equities fell as renewed selling in technology stocks, including Samsung Electronics Co. and SK Hynix Inc., deepened concerns that the AI-driven rally may have run ahead of itself. Futures for the tech-heavy Nasdaq 100 Index retreated 1.1%, suggesting Monday's rebound on Wall Street was losing momentum. European shares were also set for losses. Bloomberg's Avril Hong and Mark Cranfield report.
Australia is emerging as a leading destination for AI data centers, but the window to secure that advantage may be closing. Deloitte Access Economics says the country faces a "sliding doors moment" to become Asia-Pacific's AI infrastructure hub. John O'Mahony discusses what's at stake on 'Bloomberg: The Asia Trade.'
Imugene (ASX:IMU) secured firm commitments to raise $11.1 million via a share placement to fund its cancer clinical trials.
Sky Network Television (ASX:SKT) secures exclusive New Zealand broadcast rights for the NRL from 2028 to 2034 in a new seven-year partnership.
Argent BioPharma (ASX:RGT) executed a binding transaction framework for the exclusive global licensing of its epilepsy asset CannEpil.