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Latest news from trusted sources around the world

Economy Bloomberg
New Zealand Jobless Rises to 11-Year High as Election Looms

New Zealand’s jobless rate unexpectedly increased to a fresh 11-year high in the third quarter, adding to pressure on the government just three days from …

Economy Bloomberg
Dorsey’s Block Details Bigger DOJ Settlement, Sunnier Guide

Block Inc. inched past Wall Street’s profit expectations on Tuesday and outlined a bigger potential settlement with the US Department of Justice for alleged customer …

Economy Bloomberg
Chile Pension Funds Breath Sigh of Relief as Swap Losses Narrow

Chilean pension funds saw returns rebound in October as a drop in US yields narrowed losses on massive interest-rate swap positions that have sparked anger …

Economy Bloomberg
US, Venezuela in Talks on Fresh Aluminum Cargo in Trade Revival

Venezuela is in negotiations for a second shipment of aluminum to the US as part of a symbolic resumption of trade after years of economic …

Economy Bloomberg
Midterm Election Trading on Kalshi and Polymarket Lags Prediction Market Boom

The US presidential election in 2024 served as a big-bang moment for prediction markets. Two years later, their forecasts on the 2026 midterms are getting …

Economy Bloomberg
Morgan Stanley Offers $2.3 Billion Debt for Dell Family Deal

Morgan Stanley has kicked off a $2.3 billion debt deal to help finance Baldwin Insurance Group Inc.’s acquisition by billionaire Michael Dell’s family office and …

Economy Bloomberg
Technology Stocks Lead S&P 500 Higher With Midterm Vote Underway

US stocks advanced as Americans headed to the polls on Election Day, with control of both chambers of Congress at stake and investors assessing potential …

Economy Bloomberg
China Steps in to Boost Stocks, Cool Off Yuan

Stimulus effort falls flat.

Economy Bloomberg
Emaar Is Said to Study Buyout of $14 Billion Construction Arm

Dubai’s Emaar Properties PJSC is considering plans to take over its listed construction arm in a potential multibillion-dollar deal, according to people familiar with the …

Economy Bloomberg
Europe’s Junk Market Sees Another Loan Pulled as Iqony Axes Deal

Banks marketing a €550 million ($616 million) loan refinancing for European energy infrastructure and services company Iqony have pulled the deal after failing to garner …

Economy Bloomberg
Congo to Probe Illegal Mining After Seizing Copper, Cobalt

Officials in the Democratic Republic of Congo seized thousands of tons of copper and cobalt, prompting the justice minister to order an investigation into allegations …

Economy Bloomberg
Turkey’s Stock Market CEO Arrested as Fund Scandal Widens

Turkish authorities arrested Borsa Istanbul Chief Executive Officer Korkmaz Ergun on bribery charges as they investigate a fund scandal the justice minister linked to a …

Economy Bloomberg
China Soybean Oil Stocks Hit Record as Crushing Outpaces Demand

China’s soybean oil inventories surged to a record as elevated crushing rates boosted supplies while consumption of the edible oil remained sluggish.

Economy Bloomberg
Middle East Oil Markets Flash Signs of Abundance as Flows Rise

Middle East oil markets are indicating near-term supply is outpacing demand for the first time since July — when global prices plummeted after a temporary …

Economy Bloomberg
Coal India Said to Plan $1 Billion MCL IPO as Soon as …

State-owned Coal India Ltd. is preparing to launch an initial public offering of its unit Mahanadi Coalfields Ltd. as early as this month, according to …

Economy Bloomberg
China Talks Up Market Openness While Steering Stocks and Yuan

China’s top economic officials are talking up openness in Hong Kong. Back on the mainland, authorities are showing investors just how active they remain in …

Economy Bloomberg
Latest Oil Market News and Analysis for Nov. 3

Oil rose early Tuesday, paring some of a plunge in the previous session, as the US launched strikes on Iran and the two sides appeared …

Economy Bloomberg
Chip Rally Powers Stock Gains on US Election Day: Markets Wrap

A revival of the artificial-intelligence trade sent stocks higher as US voting got underway in the midterm elections.

Economy Bloomberg
US Said to Plan Fresh NATO Push for Ukraine Arms Deliveries

The US is planning to ask NATO allies to contribute more money to a key weapons-delivery program for Ukraine, people familiar with the matter said, …

Economy Bloomberg
Leaked File Put Lenders in Bind Before Acrisure’s Earnings Win

Insurance brokerage and fintech Acrisure reported third-quarter earnings that showed an improvement in broker retention, after a period in which it inadvertently gave creditors access …

Economy Bloomberg
Hedge Funds Back SEC Push to Ease Rules on EU Bond Futures

The Securities and Exchange Commission should add the European Union to a four-decade old list of exempted issuers, a move that would ease restrictions on …

Economy Bloomberg
EchoStar Gains on SpaceX Talks; Lumentum, Marvell Reach Deal | Stock Movers

On this episode of Stock Movers: - EchoStar (ECHO) is gaining on news Elon Musk's SpaceX is looking to start a wireless service with Echostar. …

Economy Bloomberg
Gold Rebounds as Investors Seek Cash

Gold is trying to recover after its worst October since 2008, but market jitters are turning the metal into a source of liquidity, not a …

Economy Bloomberg
Marvell’s AI Megadeal Hands Wall St Multiple M&A Milestones

Marvell Technology Inc.’s $115 billion takeover of data center laser maker Lumentum Holdings Inc. will move Wall Street past a number of mergers and acquisitions …

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