VEON completes TPL Insurance acquisition
VEON (NASDAQ:VEON) completed its acquisition of 76.33% of TPL Insurance for approximately PKR 4.55 billion, or US$16.4 million.
VEON (NASDAQ:VEON) completed its acquisition of 76.33% of TPL Insurance for approximately PKR 4.55 billion, or US$16.4 million.
WISeKey (NASDAQ:WKEY) reported preliminary H1 2026 revenue of approximately US$11.4 million, up 115%, while its cash and short-term investments reached about US$495 million with zero debt.
Grupo Aeroportuario del Pacifico (NYSE:PAC) reported 2Q26 revenue of Ps. 11,289.7 million, up 3.7%, as EBITDA rose 8.4% and net income increased 9.0% following the CBX combination.
ProMIS Neurosciences (NASDAQ:PMN) reported first human evidence that PMN310 reduced detectable amyloid-beta oligomers in cerebrospinal fluid dose-dependently at days three and 29, providing an exploratory signal that the antibody reached and engaged its intended target.
Marija Veitmane, equity research head at State Street Global Markets, discusses the artificial intelligence trade and why she sees opportunities in software stocks. "We see analysts stabilizing their margin expectation revenue," Veitmane tells Bloomberg Television. "At the same time, we see institutional investors starting to buy from this big, big underweight position," she adds.
Anna Edwards, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Twelve US states have filed a lawsuit in an Oakland federal court to block Paramount's proposed US$110 billion acquisition of Warner Bros Discovery (NASDAQ:WBD).
SoftBank founder Masayoshi Son said that in the not-so-distant future, nuclear fusion technology will offer the most realistic solution for powering AI data centers' ballooning needs. He speaks at an annual SoftBank World event in Tokyo.
SoftBank founder Masayoshi Son said that in the not-so-distant future, nuclear fusion technology will offer the most realistic solution for powering AI data centers' ballooning needs. He speaks at an annual SoftBank World event in Tokyo.
President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement for all other cargo shipped via the waterway. Bloomberg's Stuart Livingstone-Wallace and Marisks CEO discuss the implications.
Analysts expect JPMorgan Chase & Co., Bank of America, Citigroup, Goldman Sachs Group and Morgan Stanley to report nearly $39 billion in trading revenue for the second quarter. Bloomberg's Balázs Penz breaks down the situation.
A first-of-its-kind report by the Australian government finds AI has not yet caused broad disruption in the nation's labor market. That's as the rising demand for AI is heightening concerns over the future of white-collar jobs. Scientia Professor of AI at the University of New South Wales Toby Walsh joins "Bloomberg: The Asia Trade" to discuss why Canberra needs to act now to mitigate the impact of AI and prepare workers for change.