Gilead Sciences (NASDAQ:GILD) has formally recognized the South African government’s leadership in accelerating the nationwide rollout of lenacapavir, a long-acting injectable medication designed for HIV pre-exposure prophylaxis (PrEP).
Target (NYSE:TGT) has initiated a nationwide voluntary recall of its proprietary Up & Up brand baby wipes, citing the potential for microbial contamination that poses significant health risks to consumers.
Ghana's central bank says there could be room to resume monetary easing if the impact of external shocks begins to fade. Governor Johnson Pandit Asiama told Bloomberg's Jennifer Zabasajja that the country remains resilient for now, despite higher oil prices and ongoing uncertainty linked to the Iran conflict.
Deeply negative sentiment may be setting the stage for a recovery in Indian equities, according to Devina Mehra, Chairperson and MD of First Global. She argues that widespread pessimism and heightened focus on risks historically improve the probability of stronger market returns, while valuations are not as elevated as commonly perceived. She spoke with Menaka Doshi on Bloomberg's Insight with Haslinda Amin
Hong Kong financial stocks fell after a report that some banks have suspended opening bank accounts for clients in mainland China, as part of a broader push to stem capital flight after Beijing launched a crackdown on illegal cross-border trading. Bloomberg Intelligence's Francis Chan and Steven Lam discuss the implications.
NBA superstar Stephen Curry has signed an endorsement deal with Li Ning, giving the Chinese sportswear giant one of the world's most recognizable basketball ambassadors. Bloomberg Opinion columnist Juliana Li says Curry has the capacity to take the Chinese company global.
The Ebola Bundibugyo strain is spreading fast with no known treatment or vaccine, and the international system built to contain outbreaks is in crisis. Bloomberg's Jennifer Zabasajja reports.
Chen Haofei, Chief Strategist & Head of Research at BOC International, says a K-shaped economy can help reallocate resources in China. He speaks with Yvonne Man on Bloomberg's The China Show.
DBS Bank Executive Director and Senior Economist Radhika Rao sees room for 50 basis points more hikes in Indonesia in the second-half of the year, assuming further rupiah slippage, and prolonged geopolitical tensions. She speaks with Paul Allen on "Insight with Haslinda Amin."
SpaceX is seeking to raise $75 billion in a record breaking initial public offering, and could clear a path for more mega-listings. Firms such as Anthropic and OpenAI are expected to target double-digit billion-dollar IPOs of their own as the tech arms race heats up, catching investors' seemingly unquenchable thirst for AI themes. The Opening Trade spoke with leading market voice on the optimism helping to boost tech sector momentum.
A months-long dispute between the Trump administration and AI firm Anthropic is showing signs of cooling as the company navigates the final stages of its preparation for a highly anticipated initial public offering.
Global oil prices showed stability on Friday as market participants parsed conflicting signals from the Middle East.
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