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“They are always telling me how much harder their life is because they have kids.”
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Bloomberg Markets
Fresh produce company SE Fruits and Vegetable Ltd. is planning an initial public offering in Pakistan next month to boost its export capacity, adding to a record year of listings in the country.
Yahoo Finance
Bloomberg Markets
Absa Group is exploring the possibility of converting its representative office in Nigeria into a merchant bank. Chief Executive Officer Kenny Fihla also said he sees opportunities in Uganda, Zambia, Tanzania, Angola. He spoke to Bloomberg’s Chief Africa correspondent, Jennifer Zabasajja, to discuss their plans after the group reported net income for the first half-year of 12.58 billion rand vs. 11.23 billion rand y/y. (Source: Bloomberg)
Bloomberg Markets
UK consumer prices climbed to a four-month high after energy bills rose, ending a short period of respite for hard-pressed British households. Matt Bunny of Bloomberg Economics has the details. (Source: Bloomberg)
Bloomberg Markets
Abu Dhabi National Oil Co. plans to trim the amount of crude sold to Asian customers in August and September, according to people familiar with the matter — cuts that are already helping to push up the price of the flagship Murban oil grade.
Bloomberg Markets
Australia’s government rejected the far right One Nation party’s call to slash cigarette taxes in order to reduce prices and cut crime, arguing instead for an intensified struggle against illegal tobacco flooding the country.
Bloomberg Markets
Bloomberg Markets
Investors increasingly favor European stocks over US peers as the region’s robust economic outlook proves more attractive at a time of surging AI spending.
Bloomberg Markets
Some of the world’s biggest investors have been flocking to short-dated bonds as a selloff hits long-maturity government debt.
Bloomberg Markets
India has replaced Indonesia as Asia’s least-preferred stock market in a survey of fund managers by Bank of America Corp., signaling growing caution toward a market that’s among the world’s worst performers this year.
Bloomberg Markets
Bond traders are looking to hedge the risk that the Federal Reserve pivots to cutting rates in 2027. The dovish wagers are at odds with recent moves in the Treasuries market, which saw yields on long-dated bonds climb to multiyear highs as a Fed on hold would keep inflation running above its target for longer. Bloomberg's Ven Ram has more. (Source: Bloomberg)