Bloomberg Markets
SpaceX shares slipped for a third straight day, shedding hundreds of billions of dollars in market value, after the Elon Musk-led company said it is selling investment-grade bonds for the first time, part of what’s expected to be a massive borrowing spree to fund its artificial-intelligence ambitions.
Yahoo Finance
Bloomberg Markets
Gilts traded steady and the pound held losses after UK Prime Minister Keir Starmer announced he will step down.
Bloomberg Markets
Godiva Japan Inc. is in talks with its banking syndicate to extend the repayment deadline on leveraged buyout financing as the chocolate maker struggles in the major Asian market, according to people familiar with the matter.
Financial Times
Labour in ‘last chance saloon’ as party’s shortest-serving prime minister announces resignation
Bloomberg Markets
A key spot price in Australia’s electricity market jumped as calm conditions curbed wind turbine output, highlighting weather’s growing role as a driver of power market volatility.
Bloomberg Markets
The German and French governments are set to hold equal stakes in KNDS NV, one of Europe’s most important defense companies, as it gears up for an initial public offering in the near future.
Bloomberg Markets
A heat wave gripping western Europe is forecast to strengthen this week, with days of dangerously hot and humid conditions and record-breaking temperatures in France, the UK, Spain and Germany.
Bloomberg Markets
EasyJet has rejected three separate offers from Castlelake, prompting the investment firm to take its latest proposal that values the budget carrier at about £4.74 billion ($6.3 billion) directly to shareholders. The UK airline said it rejected the proposal as not being in the best interest of shareholders, accusing Castlelake of trying to buy the company "on the cheap." Bloomberg's Benedikt Kammel reports. (Source: Bloomberg)
Bloomberg Markets
This is how the Chinese ecosystem is different.
Bloomberg Markets
China’s AI industry has changed a lot since DeepSeek released its cheap frontier model last year, and briefly sent US tech stocks falling. After being locked out of the most advanced chips, Chinese companies are now allowed to buy some Nvidia H200s. In fact, many of the big Chinese tech companies — like Baidu — are making a push to become full-stack players, with their own chips, models, and cloud infrastructure. Today’s guest is Grace Shao, an independent AI researcher and the autho
Bloomberg Markets
The European Central Bank must watch for any knock-on impact on wages from higher oil and commodity prices resulting from the Middle East conflict, Governing Council member Jose Luis Escrivá said.