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Bloomberg Markets
Insolvent Australian property developer Bathla Group faces a 24-hour timeframe for talks with its creditors to secure short-term funding, according to a person familiar with the matter, in its last-ditch effort to avert collapse.
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Financial Times
Progressive lawmaker Ed Markey defeats moderate rival more than three decades younger
Financial Times
The prime minister’s style is clashing with Japan’s traditions — and the bond market
Washington Post Business
On the sidelines of the G-20 meeting of finance ministers, Treasury Secretary Scott Bessent pushed allies to support the United States’ efforts to constrain Iran’s economy.
Bloomberg Markets
US Treasury Secretary said the Strait of Hormuz route will eventually be bypassed and become "worthless". He speaks after the conflict between the US and Iran escalated sharply, with American forces carrying out a fresh wave of strikes and the Iranians saying they have retaliated. Bloomberg's Jon Herskovitz has the latest. (Source: Bloomberg)
Financial Times
Army secretary’s exit leaves ‘serious leadership gaps’ as US military grapples with protracted Iran conflict
Bloomberg Markets
China’s government bond sales are expected to pick up after a lull as authorities seek to boost a sluggish economy, with increased issuance likely to prompt the central bank to inject more liquidity.
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NY Times Business
The founder of The Ringer is taking flak for using artificial intelligence to conjure opinions from the deceased film critic Roger Ebert. Ads from OpenAI have recently run on the show.