Tax reforms: Nigeria sees proposed changes in its tax laws helping to boost revenues, as the West African nation seeks to control its widening deficit and borrowing costs. https://bloom.bg/3Ctf7xK
Election unrest: Relative calm returned to Mozambique’s capital on Friday after police used deadly violence to break up a wave of post-election protests that shook Maputo the day before. https://bloom.bg/40G4K3M
Trump money: No billionaire did more to help Donald Trump win the US presidential election than Elon Musk. The South African-born Tesla and SpaceX boss will now find out whether it pays off or he ends up getting burned. https://bloom.bg/4hGetx5
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
Election unrest: Relative calm returned to Mozambique’s capital on Friday after police used deadly violence to break up a wave of post-election protests that shook Maputo the day before. https://bloom.bg/40G4K3M
Trump money: No billionaire did more to help Donald Trump win the US presidential election than Elon Musk. The South African-born Tesla and SpaceX boss will now find out whether it pays off or he ends up getting burned. https://bloom.bg/4hGetx5
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
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Trump's US election victory was music to the ears of some attendees at Singapore's FinTech Festival. But others feared the economic cost of his win. Read more in this week's free Singapore Edition newsletter: https://bloom.bg/40BYpGv
📷: Aparna Nori/Bloomberg
📷: Aparna Nori/Bloomberg
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With an army of gig workers, a fleet of mini-warehouses and big-name investors, here's how Indian startup Swiggy beat Amazon to lightning-fast grocery deliveries in the world’s fastest-growing major economy: https://bloom.bg/40Bzhji
📷: Abeer Khan/Bloomberg
📷: Abeer Khan/Bloomberg
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Lululemon is booming in China. So, how did it crack the market where other international retail giants are fading?
Its playbook offers a glimpse. Read here: https://bloom.bg/3AAUsr4
📷: Qilai Shen/Bloomberg
Its playbook offers a glimpse. Read here: https://bloom.bg/3AAUsr4
📷: Qilai Shen/Bloomberg
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JUST IN: Japan's parliament officially votes to keep Shigeru Ishiba as prime minister, setting him up for a potential meeting with President-elect Donald Trump https://bloom.bg/48GbCAl
Bloomberg.com
Japan’s Ishiba Wins Runoff Vote to Stay as PM Ahead of Likely Trump Meeting
Japan’s Prime Minister Shigeru Ishiba received some rare good news as parliament backed him to stay in the job ahead of an expected high-stakes meeting with US President-elect Donald Trump.
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New government: Mauritian Prime Minister Pravind Kumar Jugnauth conceded defeat in Sunday’s elections after early results showed his five-party Alliance Lepep coalition trailing its main rival. https://bloom.bg/3UNfxp0
Biggest listing: Pick n Pay is seeking to raise 8 billion rand ($449 million) through an initial public offering in discount retailer Boxer in what is set to be Africa’s biggest listing this year. https://bloom.bg/4fEgU1q
Green transition: Senegal will recommit to a $2.7 billion program to reduce its reliance on fossil fuels in coming weeks. https://bloom.bg/3NZqWyq
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
Biggest listing: Pick n Pay is seeking to raise 8 billion rand ($449 million) through an initial public offering in discount retailer Boxer in what is set to be Africa’s biggest listing this year. https://bloom.bg/4fEgU1q
Green transition: Senegal will recommit to a $2.7 billion program to reduce its reliance on fossil fuels in coming weeks. https://bloom.bg/3NZqWyq
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
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Hong Kong is recovering after a bruising talent drain, with licensed finance jobs hitting a record as banks and asset managers bet on the city’s push to become the world’s biggest wealth management hub. Read more here: https://bloom.bg/3YL8GxD
📷: Paul Yeung/Bloomberg
📷: Paul Yeung/Bloomberg
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China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing market, according to people familiar with the matter. More here: https://bloom.bg/4fpjDfq
📷: Qilai Shen/Bloomberg
📷: Qilai Shen/Bloomberg
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Donald Trump is expected to name Marco Rubio as secretary of state, a person familiar with the matter said, granting a top job in his second administration to a one-time rival who later became one of his most ardent supporters in the Senate. Read more: https://bloom.bg/3ADpqPh
📷: Christian Monterrosa/Bloomberg
📷: Christian Monterrosa/Bloomberg
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President-elect Donald Trump has started to choose the people who he wants to implement his “America first” policies on the border, trade, economy and more.
From Susie Wiles to Marco Rubio, take a look at some of the people Trump is picking or set to pick: https://bloom.bg/411hr9N
📷: Bloomberg
From Susie Wiles to Marco Rubio, take a look at some of the people Trump is picking or set to pick: https://bloom.bg/411hr9N
📷: Bloomberg
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More jobs: South Africa’s unemployment rate fell for the first time in a year as business confidence improved and economic growth showed signs of recovery. https://bloom.bg/3Cj0fC4
Parliamentary majority: Ghana’s Supreme Court reinstated the governing party’s majority in parliament, overruling a decision by the Speaker to declare four seats vacant. https://bloom.bg/3CyeXFj
Cost of debt: The premium on African sovereign debt over US Treasuries has dropped to a five-year low, signaling investor confidence in certain high-yield bonds even as concerns linger about how Donald Trump’s second presidency will impact the continent. https://bloom.bg/3CpAGQ1
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
Parliamentary majority: Ghana’s Supreme Court reinstated the governing party’s majority in parliament, overruling a decision by the Speaker to declare four seats vacant. https://bloom.bg/3CyeXFj
Cost of debt: The premium on African sovereign debt over US Treasuries has dropped to a five-year low, signaling investor confidence in certain high-yield bonds even as concerns linger about how Donald Trump’s second presidency will impact the continent. https://bloom.bg/3CpAGQ1
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
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Billionaire Elon Musk and entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency tasked to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” President-elect Donald Trump announced. Read more here: https://bloom.bg/3AtYVMl
📷: Bloomberg
📷: Bloomberg
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BREAKING: Nvidia picks SoftBank as its first customer to build an AI supercomputer with new Blackwell chips. More here: https://bloom.bg/4emFYcc
📷: Akio Kon/Bloomberg
📷: Akio Kon/Bloomberg
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🚨 LIVE BLOG: Shares of Indian food and grocery delivery company Swiggy will shortly start trading for the first time after a $1.3 billion IPO.
Follow along for the latest updates and analysis ⬇️ https://bloom.bg/3CCcx8E
Follow along for the latest updates and analysis ⬇️ https://bloom.bg/3CCcx8E
Bloomberg.com
SoftBank-Backed Swiggy’s Shares Bounce Back, Defying Weak Market
Swiggy Latest Updates: Shares Bounce Back Even as Indian Stocks Decline
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🎙 Donald Trump is back.
Listen to the Big Take Asia Podcast to find out how countries across Asia are bracing for everything from higher tariffs to potential geopolitical flare-ups https://link.podtrac.com/jxfy2rhy
Listen to the Big Take Asia Podcast to find out how countries across Asia are bracing for everything from higher tariffs to potential geopolitical flare-ups https://link.podtrac.com/jxfy2rhy
Podtrac
Big Take Asia
We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.
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No water: The taps in Zimbabwe’s second-biggest city may run dry by the end of this year due to a severe drought and lack of investment in water infrastructure. https://bloom.bg/3YNpHqR
Formal recognition: Somaliland holds a long-delayed election on Wednesday amid hopes a new US administration will back the breakaway region’s campaign to gain formal recognition. https://bloom.bg/4es5psQ
National disaster: South Africa declared a national disaster after floods and storms caused widespread damage in the country, allowing the government to free up funds for relief and reconstruction. https://bloom.bg/3CzKCGs
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
Formal recognition: Somaliland holds a long-delayed election on Wednesday amid hopes a new US administration will back the breakaway region’s campaign to gain formal recognition. https://bloom.bg/4es5psQ
National disaster: South Africa declared a national disaster after floods and storms caused widespread damage in the country, allowing the government to free up funds for relief and reconstruction. https://bloom.bg/3CzKCGs
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
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“They threw all the flowers away."
China is silencing car attack mourners, a move that could backfire on its Communist Party. Read more here: https://bloom.bg/3AP3f8P
📷: Hector Retamal/AFP/Getty Images
China is silencing car attack mourners, a move that could backfire on its Communist Party. Read more here: https://bloom.bg/3AP3f8P
📷: Hector Retamal/AFP/Getty Images
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How an internet joke became a government enigma. Read about US President-elect Donald Trump's new initiative. https://bloom.bg/3Z5JtPS
📷: Andrew Harnik/Getty Images
📷: Andrew Harnik/Getty Images
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Diamond talks: Botswana’s new president picked Bogolo Kenewendo to be mines minister as his administration moves to cement a deal with De Beers to secure more benefit from its diamond riches. https://bloom.bg/3CmODhq
Canal+ deal: MultiChoice CEO Calvo Mawela is preparing to take on US streaming giants as the African TV company works to get its $3 billion deal with Vivendi SE’s Canal+ over the line with regulators. https://bloom.bg/3Obrmln
Tug of war: South Africa’s rand is caught between optimists who expect economic reforms will pay off, and pessimists selling it as Donald Trump’s policy proposals drive the dollar higher. https://bloom.bg/3APvQeb
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
Canal+ deal: MultiChoice CEO Calvo Mawela is preparing to take on US streaming giants as the African TV company works to get its $3 billion deal with Vivendi SE’s Canal+ over the line with regulators. https://bloom.bg/3Obrmln
Tug of war: South Africa’s rand is caught between optimists who expect economic reforms will pay off, and pessimists selling it as Donald Trump’s policy proposals drive the dollar higher. https://bloom.bg/3APvQeb
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
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New Zealand is considering charging tourists when they visit national parks and other public land.
Many of its landmark destinations such as Milford Sound, Aoraki Mount Cook and the Tongariro Alpine Crossing are in such parks. More: https://bloom.bg/3AUn9zg
📷: William West/AFP/Getty Images
Many of its landmark destinations such as Milford Sound, Aoraki Mount Cook and the Tongariro Alpine Crossing are in such parks. More: https://bloom.bg/3AUn9zg
📷: William West/AFP/Getty Images
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A penthouse on the 60th floor with celebrity broker Ravi Kewalramani attached and a $14 million price tag faces an unexpected challenge to getting sold: a picky owner carefully screening interested buyers. More here: https://bloom.bg/3Z6nAzO
📷: Dhiraj Singh/Bloomberg
📷: Dhiraj Singh/Bloomberg
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