Bloomberg
Bloomberg
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Europe braces for Trump's return: Trade, defence, and tech challenges loom
On security, a truly defence-ready Europe still looks a distant prospect even after the biggest full-scale conflict on home soil since 1945
 "Europe braces for Trump's return: Trade, defence, and tech challenges loom")
South Korea impeaches two leaders in two weeks as political crisis deepens
Lawmakers voted 192-0 in favor of Prime Minister Han's impeachment on Friday, according to National Assembly Speaker Woo Won-shik
 "South Korea impeaches two leaders in two weeks as political crisis deepens")
Bangladesh targets Hasina with new corruption probe, extradition plea
The Anti-Corruption Commission said Thursday it will investigate Hasina and five other family members for allegedly misappropriating government land in Purbachal
 "Bangladesh targets Hasina with new corruption probe, extradition plea")
OpenAI board considers plan for a more conventional for-profit business
The board is evaluating a plan that would turn OpenAI's business into a public benefit corporation - an entity free to pursue income but with the goal of bettering society
 "OpenAI board considers plan for a more conventional for-profit business")
Jeff Bezos' Miami neighbor seeks $200 million for empty 1.8 acre lot
Even if the land ultimately fails to sell for $200 million, Reznik believes it will still set a record for the region
 "Jeff Bezos' Miami neighbor seeks $200 million for empty 1.8 acre lot")
Donald Trump's 'Made in USA' Bitcoin is promise impossible to keep
Trump made the pledge in a post on his Truth Social account in June after meeting at Mar-a-Lago with a group of executives from crypto miners
 "Donald Trump's 'Made in USA' Bitcoin is promise impossible to keep")
Israeli police to probe Netanyahu's wife over TV show allegations
The acrimony escalates a lingering clash between Netanyahu and the judiciary
 "Israeli police to probe Netanyahu's wife over TV show allegations")
China's industrial profits set for steepest annual drop since 2000
Industrial profits at large Chinese companies fell 7.3 per cent last month compared to a year ago, the National Bureau of Statistics said in a statement on Friday
 "China's industrial profits set for steepest annual drop since 2000")
Manmohan Singh: India's quiet reformer taught a generation to dream
Manmohan Singh, who died at 92, was above everything else the embodiment of hope
 "Manmohan Singh: India's quiet reformer taught a generation to dream")
Forces loyal to ex-Assad regime kill 14 as Syria sees upsurge in violence
Several deadly incidents in recent days underscore the fragile security situation in Syria following the downfall of Assad's long-standing regime
 "Forces loyal to ex-Assad regime kill 14 as Syria sees upsurge in violence")
India's coal-power plant growth holds near five-year high at 4 GW in 2024
India's dependence on the dirtiest fossil fuel will likely continue for years, despite plans for the rapid deployment of clean power capacity
 "India's coal-power plant growth holds near five-year high at 4 GW in 2024")
China keeps interest rates steady, drains record cash in policy adjustment
The authorities also withdrew a net 1.15 trillion yuan ($158 billion) from the financial system with the tool, the most since 2014
 "China keeps interest rates steady, drains record cash in policy adjustment")
Mozambique faces chaos as Frelimo's 49-yr rule, disputed polls spark row
The death toll has risen to more than 200 since the unrest began on Oct. 21, according to data from Decide Platform, a local monitoring group, and local authorities
 "Mozambique faces chaos as Frelimo's 49-yr rule, disputed polls spark row")
Japan to unveil record $735 bn budget with ramped-up defence spending
The increase from the current fiscal year's initial annual budget of ¥112.6 trillion is around 2.6 per cent, largely in line with the government's forecast for overall inflation in this fiscal year
 "Japan to unveil record $735 bn budget with ramped-up defence spending")
Violence breaks out in Mozambique after election court ruling, 56 dead
The US called the electoral process "flawed," while the European Union pointed to "irregularities during counting of votes and unjustified alteration of election results."
Foreign investments in Israel rise to $11.8 billion in first half of 2024
In 2023, the US was the leading source country for investments in Israel with $24 billion followed by France with $3.7 billion, India with $1.2 billion and the UK with $1.1 billion
 "Foreign investments in Israel rise to $11.8 billion in first half of 2024")
Taiwan blocks Uber's $950 million purchase of Delivery Hero's Foodpanda
The acquisition would have been one of Taiwan's largest outside of the chip industry, marking a retreat for Delivery Hero from Asia
 "Taiwan blocks Uber's $950 million purchase of Delivery Hero's Foodpanda")
Honda, Nissan merger deal may be key in fight against China's BYD
Honda and Nissan are both having trouble contending with ascendant domestic automakers in China
 "Honda, Nissan merger deal may be key in fight against China's BYD")
Lyft accuses San Francisco of overcharging $100 mn for taxes over 5 years
The company said its hometown calculated its taxes from 2019 to 2023 based on the total amount of money that passengers paid for rides
 "Lyft accuses San Francisco of overcharging $100 mn for taxes over 5 years")
Syngenta signs $ 4.5 bn sustainability-linked loan, Asia's largest in 2024
Borrowers in Asia-Pacific excluding Japan have raised $57 billion-equivalent of such facilities so far this year, a 19% jump from the same period in 2023, Bloomberg-compiled data shows
 "Syngenta signs $ 4.5 bn sustainability-linked loan, Asia's largest in 2024")
