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Medallion Bank (NASDAQ:MBNKO), a wholly owned subsidiary of Medallion Financial Corp. (NASDAQ:MFIN), announced an orderly leadership succession plan under which long-serving Chief Executive Officer Donald Poulton will retire at mid-year.

Vertiv Holdings (NYSE:VRT) has finalized its acquisition of ThermoKey, a specialized European manufacturer of heat-rejection and heat-exchange systems, directly expanding its critical digital infrastructure portfolio.

The US and Iran are moving closer to signing an agreement to reopen the Strait of Hormuz that could potentially come as soon as Sunday with the Group of Seven world leaders set to meet next week. Abeer Abu Omar reports on Bloomberg Television.

JinkoSolar Holding (NYSE:JKS) announced that its Board of Directors has declared a standalone cash dividend, accelerating its structural capital return initiatives.

John Waldron, Goldman Sachs president and chief operating officer discusses SpaceX's record IPO and whether markets can absorb two other possible big IPOs by the end of the year. "Capital markets are demonstrating a willingness to finance these extraordinary companies as we build out this AI infrastructure," he tells Bloomberg Television.

Technology Secretary Liz Kendall says the UK's Labour government will strengthen efforts to drive institutional funds into British tech companies, as she pledged more backing for the country's artificial intelligence sector. Speaking to Bloomberg TV during London Tech Week, Kendall said she wants The government wants to unlock investment into UK firms with legal reforms to how pension funds are run.

ElevenLabs Chief Executive Officer Mati Staniszewski says a growing number of founders believe they can build global companies from Britain. ElevenLabs, which uses AI to create a variety of realistic voices, is the UK's most valuable AI start-up at $11 billion. Staniszewski spoke to Bloomberg's Tom Mackenzie at London Tech Week.

ArrowMark Financial (NASDAQ:BANX) declared its monthly cash distribution for June 2026, sustaining its consistent capital return schedule on the back of resilient quarterly earnings.

Alibaba Group Holding (NYSE:BABA) has submitted a $1.5 billion proposal to acquire Chinese grocery delivery company Pupu, sparking an aggressive bidding war as part of a strategic offensive to capture local digital commerce market share from its primary online services rival, Meituan.

HUTCHMED (NASDAQ:HCM) reported detailed Phase III data for its investigational oral spleen tyrosine kinase (Syk) inhibitor, sovleplenib, at the European Hematology Association (EHA) 2026 Congress.

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

Africa CDC says authorities are unable to determine the true extent of the Ebola outbreak in the Democratic Republic of Congo because emergency workers can't find all the missing contacts of patients infected by the virus.