United StatesBreaking News

Mesoblast (NASDAQ:MESO) reported preliminary net revenue of US$115 million from Ryoncil for the full year ended June 30, 2026, including US$36 million in the fourth quarter, as the company continues commercial expansion of the therapy.

MeTL President and CEO Mohammed Dewji has told Bloomberg he aims to invest hundreds of millions of dollars in refining graphite in Tanzania. The billionaire business tycoon spoke to our chief Africa correspondent Jennifer Zabasajja about the plan.

Guy Johnson, Lizzy Burden and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Risks around the Strait of Hormuz remain elevated as U.S.-Iran tensions pressure a fragile truce. Ziemba Insights founder Rachel Ziemba tells Abeer Abu Omar on Horizons Middle East and Africa that she sees more commitment to alternative pipeline routes ahead.

BW LPG (NYSE:BWLP), through its 52%-owned subsidiary BW LPG India, agreed to sell the 2007-built BW Elm vessel, with the transaction expected to generate approximately US$36 million in net book gain and US$64 million in net cash proceeds.

Carlyle (NASDAQ:CG) agreed to sell Copia Power, a U.S. developer, owner and operator of integrated energy and digital infrastructure campuses, to EQT Infrastructure VII, with the transaction expected to close by the end of 2026.

Morgan Stanley (NYSE:MS), through funds managed by Morgan Stanley Infrastructure Partners, agreed to acquire a majority stake in Nicollin Environnement, which manages 360 public contracts and serves 8,000 private clients across France.

Volkswagen plans to cut its sprawling model lineup by as much as 50% as part of a savings push. It comes after a supervisory board meeting stopped short of agreeing on deeper workforce reductions at the German automaker. Bloomberg's Elisabeth Behrmann reports.

SK Hynix raised $26.5 billion in its American depositary receipt offering, the largest ever US first-time share sale by a foreign company. The South Korean memory chipmaker's US offering gives the company a powerful fundraising channel, tapping investors looking for more ways to play the artificial intelligence infrastructure trade. Bloomberg's Denny Thomas reports from Seoul.

On Tuesday, the semiconductor-heavy Kospi Index in South Korea dropped 10% from all-time highs. At the same time, investors rotated to the Hang Seng China Enterprises Index which climbed more than 4% in a single day, its biggest advance since April 2025. Opening Trade guests discuss whether this signals an impending bear market, with rising inflation, tariff pass-through effects, and the possibility of central bank interest-rate hikes all adding to market risks.

Norwegian striker Erling Haaland has become a viral sensation in mainland China. Memes featuring the Norwegian football star have spread across Chinese social media with companies also seeking to capitalize on his fame. Bloomberg China Correspondent Minmin Low explains.

Wei Junqing, CEO at Chinese autonomous freight technology firm KargoBot, says he expects the company to be profitable in around two and a half years. He speaks exclusively on "Bloomberg: The China Show."