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Drugmaker Apotex Files for Canada IPO Showing Revenue Jump
Canadian generic drugmaker Apotex Health Corp. filed for an initial public offering in Toronto, it said in a statement on Thursday.
MoneyGram’s Big Crypto Bet
MoneyGram CEO Anthony Soohoo joins Dani Burger on Bloomberg Open Interest to talk about why cash still dominates globally despite the crypto boom. He reveals …
Why Markets Are Ignoring Bad News
Ardian Co-CEO Mark Benedetti joined Bloomberg Open Interest to explain why markets keep hitting record highs despite wars, inflation, and rate uncertainty. He breaks down …
Citadel Securities Sees Markets Underpricing Signs of Iran Deal
Investors may be underestimating the chances of a “timely” reopening of the Strait of Hormuz triggering a broad relief rally across financial markets, according to …
Copasa Relaunches Share Offering After Bids Came Below Minimum
Cia de Saneamento de Minas Gerais announced new terms for its privatization process, after two bids for a 30% stake in the Brazilian water utility …
Dollar Falls Against Major Peers on Report of US-Iran Deal
The dollar fell against all of its major peers after a report that the US and Iran reached an agreement to extend a ceasefire, pending …
Meloni spars with defence minister over EU rearmament loans
Italian PM threatens to reject bloc’s funding unless Brussels shows more leniency on energy crisis
EU to broaden import quotas and tariffs against China
Trade defences needed to combat ‘existential’ threat to key sectors, industry commissioner Stéphane Séjourné says
US core PCE inflation continues to rise
Higher inflation in April is due to energy, tariffs and AI-related spending
Ministers must make fresh push for welfare reform says UK government adviser
Number of young Britons out of work or training climbs above 1mn
Bitcoin Dips Below $73,000 Despite Trump’s Crypto Capital Push
Bitcoin briefly fell below $73,000 despite a fresh push from Donald Trump for the CLARITY Act, suggesting pro-crypto messaging from Washington is losing its ability …
Billionaire Tilman Fertitta to buy Caesars Entertainment in $17.6bn deal
All-cash takeover will be one of the biggest gaming deals in years
Why Democrats are feeling optimistic in the US Senate race in Texas
Also in today’s newsletter, how historically low tax refund numbers are adding more financial pressure for US consumers
Submit your questions: How to revive the UK economy?
Take part in a live Ask an Expert Q&A with economics leader writer Tej Parikh and economics commentator Chris Giles today from 1pm to 2pm …
FirstFT: Democrats’ hopes for victory in Texas rise after Paxton’s win
Also in today’s newsletter: US hits Iran with fresh strikes while Kirkland & Ellis develops its own AI platform
Protestas en Bolivia desploman sus bonos soberanos y amenazan con caos
Bolivia vuelve a encender las alarmas. Las protestas y bloqueos ya afectan el abastecimiento en La Paz y desploman su imagen internacional, mientras crece la …
Markets ‘Too Complacent’ Around Impact of Inflation, PGIM’s Peters Says
Gregory Peters, co-chief investment officer at PGIM Credit, says he sees "shock, after shock, after shock" in markets. "That leads to higher inflation," Peters says, …
Korea’s Pension Fund Raises Domestic Stock Target as Kospi Soars
South Korea’s giant pension fund sharply ramped up its allocation target for domestic equities, a move that may help it avoid forced sales of Kospi …
Wes Streeting’s uphill challenge to stop Andy Burnham
Former health secretary must prove his offer is distinctive — and that it is worth having a proper leadership race
China AI Upstart MiniMax Doubles Sales Ahead of New Model
MiniMax Group Inc.’s annualized revenue more than doubled over the past two months to at least $300 million, as the Chinese AI upstart prepares to …
US and Iran exchange fire amid increasingly strained truce
Official says American forces shot down Iranian drones in move that prompted retaliation from Tehran
Payments group accused of being ‘Chinese backdoor’ moves staff out of China
Australia-founded Airwallex is pursuing US expansion amid intensifying rivalry between Washington and Beijing
Semiconductors: supercycle or superbubble?
Plus, semis’ fragile supply chain
Australia sues Post-it maker 3M over ‘forever chemicals’
The $1.4bn case against the US company is largest filed by Canberra
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