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Latest news from trusted sources around the world
Alibaba’s latest AI model puts it back in the great game
The ecommerce and cloud company hopes to recoup some of its lost shine with Monday’s release
Stocks and Bonds Rise as Jobs Ease Fed-Hike Wagers: Markets Wrap
A sharp slowdown in the US jobs market drove stocks higher while bond yields fell on speculation the Federal Reserve won’t be forced to raise …
Follow the Money All the Way to Carney's Canada
Bloomberg News Editor-in-Chief Emeritus Matt Winkler explains what is behind Canada's investment boom. The country's government poised to attract record investment from outside its borders …
Rail users face further disruption after Manchester power cut
Hundreds of trains were cancelled in north-west England after a 90-second outage at a critical train signalling centre
Elanco CEO on Boosted Forecast, Surge in Tick Bites
Elanco Animal Health President and CEO Jeff Simmons discusses what's behind the company's increased profit and revenue forecasts. Speaking on "Bloomberg The Close," Simmons also …
Mexico deploys hundreds of troops to secure avocado heartlands
Violence in Michoacán state prompts US to withdraw its inspectors and suspends imports of the fruit
FirstFT: US scientists use AI to create first synthetic viruses
Also in today’s newsletter: Jane Street in talks to refinance $11bn debt load and SoftBank beats analysts’ expectations
AIG Profit Beat Estimates, Cites Strong Underwriting
American International Group Inc. reported second-quarter results that surpassed Wall Street expectations, roughly two months after Eric Andersen took over as chief executive officer.
Jane Street in talks to shift its $11bn in debt to investors …
Private credit deal would allow the secretive trading firm to make further investments in AI
Elf Beauty Expands Into Hair Care Products
Elf Beauty Chief Executive Officer Tarang Amin says the company is excited about expanding into hair care products. It launched a new partnership with Target …
Dollar Notches Best Day in Two Weeks as Oil Prices Advance
The dollar finished its best day in two weeks as oil prices advanced amid fading optimism over easing tensions in the Middle East.
Roivant Expects FDA to Approve First Major Drug
Roivant Chief Executive Officer Matt Gline expects the FDA to approve the launch of a drug used to fight a debilitating skin disease. He says …
Software Development Productivity to Permeate Other Sectors, Says Jonathan Curtis
Jonathan Curtis, Portfolio Manager for Franklin Equity Group, discusses the AI space and how the productivity we've seen in software development will begin to spread …
‘Sell America’ Debate Re-Emerges as US Policy Sows Doubt
Global bond and currency investors are debating if it’s time to dust off last year’s ‘Sell America’ trade after a flurry of economic-policy decisions out …
Abdul El-Sayed delivers significant victory for progressive Democrats
Also in today’s newsletter, a wide-ranging exclusive interview with Virginia governor Abigail Spanberger
Paramount agrees safeguards for UK approval of $110bn WBD deal
David Ellison makes commitments on news provision, investment and programming to win government nod
Referrals to Prevent anti-radicalisation scheme jump after Southport attacks
Concerns about people being fascinated with extreme violence increase following conviction of Axel Rudakubana
The confounding ‘compounding’ of ‘compounding’
When growth isn’t enough
ConocoPhillips chief Ryan Lance to step down after 14 years
Third-largest US oil and gas company changes leadership as profits climb on war-driven price surge
Alphabet Lures Investors to Mega Bond Deal With High Premiums
Alphabet Inc. is looking to raise as much as $25 billion from its latest US investment-grade bond offering, a deal that is testing investor appetite …
FirstFT: US law firms weigh stake sale to private equity
Also in today’s newsletter: An interview with Virginia’s governor Abigail Spanberger and DeepMind’s CEO Hassabis steps down
Debt-Fueled Solar Firm GoldenPeaks Accused of Fraudulent Lending
The collapse of solar-power developer GoldenPeaks Capital followed a number of seemingly “fraudulent” transactions between some entities, according to a court-appointed administrator overseeing the group’s …
Insurance and bank stocks slide amid China tax crackdown fears
Move to impose levy on returns from policies that serve as investment products causes consternation in Hong Kong
SoftBank’s $8bn gain on Intel stake helps Japanese group beat expectations
First-quarter profits decline following records set in recent quarters
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