Bloomberg
Bloomberg
Page 2 - Bloomberg/reuters
Trump announces $1,776 'Warrior Dividend' for troops amid inflation fears
Trump announced the plan Wednesday during a prime-time address from the White House meant to extol his accomplishments this year and assuage Americans increasingly worried about their cost of living
 "Trump announces $1,776 'Warrior Dividend' for troops amid inflation fears")
US approves up to $11 bn arms sale to Taiwan, risking China backlash
The total value of the sales is up to $11.154 billion, according to a separate statement from Taiwan's Defense Ministry
 "US approves up to $11 bn arms sale to Taiwan, risking China backlash")
How BP's new boss O'Neill became the most powerful woman in fossil fuels
Under her watch, Woodside doubled oil and gas output, leaned aggressively into seaborne LNG, and shelved lower-carbon projects that failed to clear commercial hurdles
 "How BP's new boss O'Neill became the most powerful woman in fossil fuels")
Trump Media to merge with TAE in $6 bn deal to build nuclear fusion company
Upon completion of the deal, shareholders of each company will own about 50% of the combined firm on a fully diluted equity basis
Kneejerk reactions not enough to stop the next Bondi Beach attack
Faced by such a targeted act of violence after years of increasing antisemitic attacks, it's unsurprising that Jewish Australians feel they've been left unprotected
 "Kneejerk reactions not enough to stop the next Bondi Beach attack")
Insurance reforms pave way for 100% foreign ownership in pension firms
The measure is an "enabler" that will help draw interest from global investors in the pension fund sector over time
 "Insurance reforms pave way for 100% foreign ownership in pension firms")
Tankers with Russian oil shunned by India pile up off China coast
At least five vessels carrying about 3.4 million barrels were idling in the Yellow Sea as of Wednesday, double the volume of last week and the highest level for the grade in that region
 "Tankers with Russian oil shunned by India pile up off China coast")
BP appoints Meg O'Neill as first woman CEO of Big Oil in bid for revival
BP has been under pressure from Elliott to improve its performance, after Auchincloss reset the company's strategy in February by promising to refocus on oil and gas
 "BP appoints Meg O'Neill as first woman CEO of Big Oil in bid for revival")
Australia to toughen hate speech laws after Bondi Beach Jewish attack
The prime minister is under intense pressure over his centre-left government's handling of a rising tide of antisemitism over the past two years that critics say culminated in Sunday's massacre
 "Australia to toughen hate speech laws after Bondi Beach Jewish attack")
Oscars show moving to YouTube from 2029 after over 50 yrs on Disney's ABC
The Academy of Motion Picture Arts & Sciences announced Wednesday that the streaming platform will take over the show when the organisation's contract with Walt Disney Co.'s ABC network expires
 "Oscars show moving to YouTube from 2029 after over 50 yrs on Disney's ABC")
World-beating 55,000% surge in Indian AI stock sparks bubble fears
Little-known until recently even within its home market of India, RRP Semiconductor Ltd. became a social-media obsession as its shares surged more than 55,000 per cent in the 20 months
 "World-beating 55,000% surge in Indian AI stock sparks bubble fears")
Apple makes changes to iOS software in face of stricter Japanese rules
The company announced a compliance plan on Wednesday for Japan's Mobile Software Competition Act, or MSCA, which was passed last year and goes into effect this week
 "Apple makes changes to iOS software in face of stricter Japanese rules")
US readies new sanctions if Putin rejects peace deal with Ukraine
The US has already sanctioned four top Russian producers and, along with other Group of Seven nations, hundreds of tankers involved in transporting Moscow's oil
 "US readies new sanctions if Putin rejects peace deal with Ukraine")
Trump orders total blockade of all sanctioned oil tankers in Venezuela
Trump said he was also designating the regime of Venezuelan President Nicolas Maduro as a "foreign terrorist organisation
 "Trump orders total blockade of all sanctioned oil tankers in Venezuela")
Waymo in talks to raise over $15 billion at nearly $100 billion valuation
Waymo and its would-be financial backers have weighed a valuation as high as $110 billion, though the amount raised and final value have yet to be determined
 "Waymo in talks to raise over $15 billion at nearly $100 billion valuation")
Cost of proposed White House ballroom may now reach $400 mn, says Trump
The White House has said it's being financed by private donations, but has not publicly specified them - raising questions about which people or companies might fund it to curry favour with Trump
 "Cost of proposed White House ballroom may now reach $400 mn, says Trump")
Mizuho Financial to buy KKR-backed Avendus Capital for expansion in India
Japan's third-largest bank got agreement from a major shareholder to purchase 61.6 per cent of the Mumbai-based firm
 "Mizuho Financial to buy KKR-backed Avendus Capital for expansion in India")
Rupee slide puts spotlight on limits to India's currency defence
A key reason is the Reserve Bank of India's $64 billion short-dollar position - a pledge to supply large amounts of dollars in the future through derivatives contracts with lenders
 "Rupee slide puts spotlight on limits to India's currency defence")
Sydney's Bondi beach shooter awakens from coma as first funeral held
New South Wales police were expected to start questioning 24 year-old Naveed Akram on Wednesday, Commissioner Mal Lanyon said
Maruti Suzuki expects new EV lifting green-car share of India sales to 45%
The unit of Japan's Suzuki Motor Corp., which is looking to roll out its new e VITARA subcompact crossover in India from early next year, expects greener vehicles to make up about 45 per cent of its o
 "Maruti Suzuki expects new EV lifting green-car share of India sales to 45%")
