New York City Mayor Eric Adams has been indicted following a federal corruption investigation, according to a person familiar with the matter, a stunning development that calls into question the political future of the man in charge of running the biggest US city. Read more here: https://bloom.bg/3zp13o6
π·: Mark Sagliocco/Getty Images for Gabrielle's Angel Foundation
π·: Mark Sagliocco/Getty Images for Gabrielle's Angel Foundation
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Qantas Airwaysβs ghost-flight scandal misled almost one million customers booked on tens of thousands of non-existent services, according to court documents that reveal the scale of the misconduct and the airlineβs awareness of the problem. More here: https://bloom.bg/4dkoVam
π·: Brendon Thorne/Bloomberg
π·: Brendon Thorne/Bloomberg
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Since Anwar Ibrahim became Malaysiaβs PM, the country's anti-corruption drive has targeted his enemies. He denies involvement in the investigations - but critics say he's using an independent agency to punish adversaries. More here: https://bloom.bg/3ZE8P7Z
π·: Pool/Getty Images AsiaPac
π·: Pool/Getty Images AsiaPac
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π Our brand new Bloomberg Australia podcast is here. Follow along as we lift the lid on the stories shaping the country's place in global business.
This week Rebecca Jones asks Rich Henderson asks why investors can expect a boost from the Fedβs rate cut.
Listen here: https://bloom.bg/3ZE5WEl
This week Rebecca Jones asks Rich Henderson asks why investors can expect a boost from the Fedβs rate cut.
Listen here: https://bloom.bg/3ZE5WEl
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Rights compromise: The World Bank and Uganda are working to end a lending freeze after the East African nation passed repressive anti-LGBTQ legislation. https://bloom.bg/47J6ZVJ
Currency slump: Nigeria's Naira fell to a fresh low against the dollar, shrugging off on a surprise interest-rate increase. https://bloom.bg/3TIU3JC
Mpox detections: Suspected cases of mpox have been recorded in at least 15 African countries, according to Africa's CDC. https://bloom.bg/4eF8eYc
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β and where itβs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Currency slump: Nigeria's Naira fell to a fresh low against the dollar, shrugging off on a surprise interest-rate increase. https://bloom.bg/3TIU3JC
Mpox detections: Suspected cases of mpox have been recorded in at least 15 African countries, according to Africa's CDC. https://bloom.bg/4eF8eYc
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β and where itβs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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Bernard Arnaultβs fortune jumped by $17 billion in a single day, taking his net worth to $201 billion, according to the Bloomberg Billionaires Index.
The surge comes after Chinaβs top leaders gave the green light to supercharge stimulus in the worldβs second-largest economy. Read more here: https://bloom.bg/47JNsnZ
π·: Girette/Bloomberg
The surge comes after Chinaβs top leaders gave the green light to supercharge stimulus in the worldβs second-largest economy. Read more here: https://bloom.bg/47JNsnZ
π·: Girette/Bloomberg
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Japanβs ruling party picked Shigeru Ishiba as its next leader, positioning an advocate of an βAsian NATOβ to become prime minister in a move that risks further increasing tensions with China. More here: https://bloom.bg/3N3HrJg
π·: Toru Hanai/Bloomberg
π·: Toru Hanai/Bloomberg
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Militants are gaining strength in Bangladesh after a tumultuous change in government, raising concerns that Islamist extremists are on the verge of gaining a foothold in a volatile part of the world. Read more: https://bloom.bg/3zr1ka6
π·: K M Asad/AFP/Getty Images
π·: K M Asad/AFP/Getty Images
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Chocolate crisis: After huge bean shortages and turmoil across the market this year, the cocoa harvest this season is looking promising. But it may not be enough to bring chocolate prices down. https://bloom.bg/47QrC2g
Telecoms deals: Kenyaβs biggest phone company Safaricom is in talks with Elon Muskβs Starlink and other satellite providers on potential future partnerships. https://bloom.bg/3BuNiog
Currency devaluation: Zimbabwe raised interest rates and devalued its gold-backed currency by 43%, following persistent weakness in the ZiG. https://bloom.bg/3ZAvP86
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β and where itβs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Telecoms deals: Kenyaβs biggest phone company Safaricom is in talks with Elon Muskβs Starlink and other satellite providers on potential future partnerships. https://bloom.bg/3BuNiog
Currency devaluation: Zimbabwe raised interest rates and devalued its gold-backed currency by 43%, following persistent weakness in the ZiG. https://bloom.bg/3ZAvP86
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β and where itβs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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I was one of the hundreds of unlucky commuters caught up in this weekβs Singapore MRT chaos. Here's what it was like.
That and more in this week's free Singapore Edition: https://bloom.bg/3Y0WSIq
π·: Paul Miller/Bloomberg
That and more in this week's free Singapore Edition: https://bloom.bg/3Y0WSIq
π·: Paul Miller/Bloomberg
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Binance founder Changpeng Zhao pledged to keep investing in the blockchain sector as well as artificial intelligence and biotechnology, in the crypto mogulβs first public comments since his release from US custody.
Zhao was released from a correctional facility in California on Sept. 27. Read more here: https://bloom.bg/4gI02bn
π·: David Ryder/Bloomberg
Zhao was released from a correctional facility in California on Sept. 27. Read more here: https://bloom.bg/4gI02bn
π·: David Ryder/Bloomberg
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In a nation where the norm has been for people to park their assets in cash and deposits that offer almost no interest, Shigeru Fujimoto has accumulated about Β₯2 billion ($14 million) of wealth.
Read more on how the 88-year-old former pet-shop owner built his fortune: https://bloom.bg/3TQrcTz
π·: Yasutaka Tamura/Bloomberg
Read more on how the 88-year-old former pet-shop owner built his fortune: https://bloom.bg/3TQrcTz
π·: Yasutaka Tamura/Bloomberg
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War in Sudan: The UAE's foreign ministry says a Sudanese military aircraft launched a "cowardly" attack on the residence of its ambassador to Sudan. https://bloom.bg/3ByXTyw
Loan approved: The World Bank approves $1.57 billion in new lending to Nigeria, aimed at easing the "complex difficulties" facing women and girls. https://bloom.bg/3ZN0MWC
Growth acceleration: South Africa's deputy president expects the economy to grow faster than expected, and the country's 10-year bond yield hits a two year low. https://bloom.bg/47PpebK
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β and where itβs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Loan approved: The World Bank approves $1.57 billion in new lending to Nigeria, aimed at easing the "complex difficulties" facing women and girls. https://bloom.bg/3ZN0MWC
Growth acceleration: South Africa's deputy president expects the economy to grow faster than expected, and the country's 10-year bond yield hits a two year low. https://bloom.bg/47PpebK
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β and where itβs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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LIVE: Israel has begun "targeted ground raids" in Lebanon in a significant escalation in its battle against Hezbollah.
Follow our free-to-read blog for the latest news, updates and analysis https://bloom.bg/3zGu4eS
π·: Itani/AFP/Getty Images
Follow our free-to-read blog for the latest news, updates and analysis https://bloom.bg/3zGu4eS
π·: Itani/AFP/Getty Images
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Infrastructure fund: South Africaβs infrastructure development agency has restructured its pipeline of planned projects to make them more attractive to the private sector, as state officials court investors in the UK. https://bloom.bg/3BCk6M7
Walking a tightrope: Kenyaβs National Assembly will receive an impeachment motion against Deputy President Rigathi Gachagua, a process that could potentially destabilize an economy that's barely recovered from months of anti-government protests. https://bloom.bg/47NgzH4
Back to Africa: Benin, from where more than a million people were shipped to the Americas at the height of the slave trade, has approved a law that makes their descendants eligible for citizenship in the small West African nation. https://bloom.bg/3TOQ0vj
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β and where itβs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Walking a tightrope: Kenyaβs National Assembly will receive an impeachment motion against Deputy President Rigathi Gachagua, a process that could potentially destabilize an economy that's barely recovered from months of anti-government protests. https://bloom.bg/47NgzH4
Back to Africa: Benin, from where more than a million people were shipped to the Americas at the height of the slave trade, has approved a law that makes their descendants eligible for citizenship in the small West African nation. https://bloom.bg/3TOQ0vj
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β and where itβs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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The Israeli military on Tuesday said that Iran had fired more than 100 missiles directly at the country, a severe escalation in the battle between the Middle Eastern rivals fought mainly so far through proxies.β£
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The launch comes after Israeli forces moved into southern Lebanon as part of a campaign against Tehran-backed Hezbollah. The US earlier in the day warned of an imminent attack by Iran. Read the latest updates here: https://bloom.bg/47Roine
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π·: Menahem Kahana/AFP/Getty Images
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The launch comes after Israeli forces moved into southern Lebanon as part of a campaign against Tehran-backed Hezbollah. The US earlier in the day warned of an imminent attack by Iran. Read the latest updates here: https://bloom.bg/47Roine
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π·: Menahem Kahana/AFP/Getty Images
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Samsung is laying off workers in Southeast Asia, Australia and New Zealand as part of a plan to reduce global headcount by thousands of jobs. Read more here: https://bloom.bg/4gJMTyt
π·: Jean Chung/Bloomberg
π·: Jean Chung/Bloomberg
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π Democratic VP candidate Tim Walz lived in China as a young man and experienced more of the country than most.
Today on the Big Take Asia Podcast, his ties with China and how they could influence foreign policy. https://link.podtrac.com/jxfy2rhy
Today on the Big Take Asia Podcast, his ties with China and how they could influence foreign policy. https://link.podtrac.com/jxfy2rhy
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Green shoots: Sentiment about South Africa has improved since the formation of a coalition government but the nation needs to be cautious about complacency, according to CEOs at two of the nationβs biggest financial-services companies. https://bloom.bg/4eP8DYe
Rainy day fund: Zambia will set up a sovereign wealth fund next year to shield the country from financial shocks and support key sectors including health and education. https://bloom.bg/47S3Djh
Longer terms bid: Kenyan lawmakers proposed revising the nationβs constitution to lengthen presidential and parliamentary terms, joining a growing trend in East Africa where similar amendments have enabled other leaders to extend their rule. https://bloom.bg/3zQfjpR
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β and where itβs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Rainy day fund: Zambia will set up a sovereign wealth fund next year to shield the country from financial shocks and support key sectors including health and education. https://bloom.bg/47S3Djh
Longer terms bid: Kenyan lawmakers proposed revising the nationβs constitution to lengthen presidential and parliamentary terms, joining a growing trend in East Africa where similar amendments have enabled other leaders to extend their rule. https://bloom.bg/3zQfjpR
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β and where itβs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
π18β€7π€3π2
Singapore's ex-transport minister S. Iswaran sentenced to 12 months in jail after pleading guilty to bribery and obstruction of justice. More here: https://bloom.bg/3NdAtS5
π·: Hester Tan/Bloomberg
π·: Hester Tan/Bloomberg
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π Where are all the 3-bedroom apartments?
This week Rebecca Jones and Swati Pandey discuss why Sydney faces a surprising shortage.
Follow our new Bloomberg Australia Podcast as we lift the lid on the stories shaping the country's place in global business https://bloom.bg/3ZE5WEl
This week Rebecca Jones and Swati Pandey discuss why Sydney faces a surprising shortage.
Follow our new Bloomberg Australia Podcast as we lift the lid on the stories shaping the country's place in global business https://bloom.bg/3ZE5WEl
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