Bloomberg News and Videos — Page 29

UK joblessness fell to 4.7% in the three months through August, giving Chancellor of the Exchequer John Healey an unexpected boost ahead of his budget next week. Bloomberg's Morwenna Coniam reports.

Seoul-based neocloud service provider Elice's shares plunged in their trading debut, underscoring lingering concerns about whether the artificial intelligence boom can justify the billions of dollars being poured into the industry. Bloomberg's Anthony Stephens reports.

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

Stephen Roach argues Xi Jinping's willingness to engage in a series of meetings with Donald Trump may reflect concern about China's economy and a desire to buy time. Roach suggests Xi may not share the personal camaraderie Trump portrays and says Chinese officials are likely realistic about how much progress is possible with an unpredictable counterpart. He spoke with Stephen Engle on Bloomberg's Insight with Haslinda Amin.

Mynt President and CEO Martha Sazon says the company will use proceeds from its listing to expand GCash, focusing on lending, financial services, and international markets. She also says Mynt is open to acquisitions and partnerships. She appeared on Bloomberg's Insight with Haslinda Amin.

AI cloud computing firm Nscale is in talks to sell computing power to Anthropic in a deal that could be worth about $45 billion, according to people familiar with the matter. Bloomberg's Anthony Stephens reports.

Saudi Arabia has postponed its flagship conference, the Future Investment Initiative (FII), to 2027. The decision follows multiple attacks on the kingdom in recent days. Bloomberg's Onur Ant reports.

Indonesia's sovereign investment body Danantara has completed a $533 million property acquisition in Mecca. Thakher Development announced the handing over of the title, marking the first time land at Thakher Makkah has been made available to investors from outside Saudi Arabia. Faisal Shaker, CEO of Thakher Development spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on property ownership in one of the Holy Cities in Saudi Arabia.

Australia's government is set to sue Facebook, TikTok and other major digital platforms for alleged non-compliance with a nationwide social media ban for under-16s, Communications Minister Anika Wells said.

The latest report from Chief Executive Women says progress toward gender balance in corporate Australia appears to be losing momentum. The study finds that, at the current pace, it could take around six decades to reach gender parity among ASX-listed company CEOs. Only one in seven CEO appointments over the past year went to women. CEW President Helen Conway discusses what's driving the slowdown on "Bloomberg: The Asia Trade".