Financial Times
Transaction is the latest in shift towards local management for well-known foreign brands
Bloomberg Markets
China’s liquefied natural gas imports rebounded in May as the world’s largest buyer stepped up purchases ahead of peak summer demand, reversing a months-long decline following disruptions to Middle East supplies.
Bloomberg Markets
International investors now hold less than 15% of Indian equities.
Bloomberg Markets
Aluminum rose for a fourth day to hit its highest since 2022, extending this year’s powerful gain as US President Donald Trump struggles to keep peace talks with Iran on track.
Bloomberg Markets
General Mills Inc. has agreed to sell its Häagen-Dazs shops in mainland China to a group including local tea brand Ningji.
Bloomberg Markets
China’s yuan has strengthened to its highest level in nearly four years versus a basket of trading-partner currencies, underscoring the appeal of Chinese assets as a regional haven during the Iran conflict.
Financial Times
Maker of ubiquitous app has fallen behind domestic rivals in artificial intelligence models
Yahoo Finance
Financial Times
Case could have significant implications for investors publishing commentary on stocks
Bloomberg Markets
The billionaire CEO of Kazakhstan-based Freedom Holding Corp. has received a so-called Wells Notice from the US Securities and Exchange Commission, a formal warning that the Wall Street regulator may take enforcement action.
Yahoo Finance
Bloomberg Markets
Congo reopened the main airport in the eastern province hardest hit by Ebola, after health officials reported tentative signs the outbreak may be slowing despite a continuing struggle to trace exposed contacts and investigate suspected cases.
Bloomberg Markets
One of the most bitter feuds in distressed-debt investing, between billionaire Patrick Drahi and some of the world’s biggest investors, has suddenly gotten even more contentious.
Bloomberg Markets
South Korea’s equity market has overtaken India’s as the world’s sixth largest, driven by a relentless surge in chip heavyweights powering the global artificial intelligence buildout.