Bloomberg Markets
European Investment Bank President Nadia Calviño discusses the lender’s investment in security defense, tech and energy projects in an interview with Bloomberg TV’s Guy Johnson. She said the UK’s exit from the European Union is partly responsible for the EU’s failure to integrate its capital markets. “We shouldn’t underestimate the importance of Brexit,” Calviño said on Wednesday. “London was Europe’s financial market, and after Brexit we have divided our forces.” (Source: Bloomberg)
Bloomberg Markets
The US and Iran plan to formally sign a memorandum of understanding on Friday in Switzerland. The interim deal would allow Iran to start oil exports immediately and gain access to a $300 billion economic development program following negotiations for a permanent peace agreement. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
Bloomberg Markets
The Group of Seven countries have agreed that no single country should supply more than 60% of their imports of critical minerals by 2030 in a effort to reduce their reliance on China, according to people familiar with the discussions.
Yahoo Finance
Yahoo Finance
Yahoo Finance
Financial Times
President blames Democrats for blocking intelligence legislation over appointment of Bill Pulte in acting role
Yahoo Finance
Bloomberg Markets
Medallia Inc. is being taken over by a group of creditors led by Blackstone Inc. after its owner Thoma Bravo said it wasn’t going to inject fresh cash into the ailing software-as-a-service company.