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US Risks Losing ‘Reliable Investment’ Status, Allianz GI Manager Says
1748181600 from BLOOMBERG
Inside one of Europe’s biggest asset managers, there’s growing concern that Republican efforts to gut legislation supporting key industries such as clean energy may result in the US losing its status as a destination for investor capital.
Polish Presidential Hopefuls Rally Supporters Before Crunch Vote
1748175923 from BLOOMBERG
Supporters of Poland’s presidential contenders took to the streets of Warsaw on Sunday for parallel marches that highlight deep divisions in the European Union nation a week before a tightly-contested runoff election.
Jony Ive’s OpenAI Deal Puts Pressure on Apple to Find Next Big Thing
1748174417 from BLOOMBERG
Jony Ive’s deal with OpenAI should cause major shockwaves at Apple, especially after a design-team brain drain and struggles in artificial intelligence. Also: Apple plans Meta-like smart glasses for late next year, and Trump threatens a 25% smartphone tariff. Looking ahead to WWDC, we have the latest details on the company’s operating system redesign plan and what’s likely to be its biggest AI announcement.
Macron Kicks Off Asia Tour in Vietnam With Focus on Energy
1748170800 from BLOOMBERG
French President Emmanuel Macron is expected to focus on energy, transport and infrastructure during his state visit to Vietnam, the first stop of his Southeast Asian tour as he seeks to shore up alliances in the region.
Rayner Leaves Door Open on Benefit Reform as Farage Ups Pressure
1748168051 from BLOOMBERG
UK Deputy Prime Minister Angela Rayner left the door open on whether the government will lift the two-child benefit cap even as Nigel Farage’s Reform UK seeks to outflank the ruling Labour Party in bringing down the cost of living.
Pakistan Allocates 2,000-MW Capacity to Power Bitcoin Mining
1748162960 from BLOOMBERG
Pakistan has allocated 2,000 megawatts of electricity in the first phase of a national push to support Bitcoin mining and AI data centers, as the country moves to legalize cryptocurrency and attract foreign investments.
Israel's Latest Strikes in Gaza Kill 38 People Including Children
1748161048 from BLOOMBERG
DEIR AL-BALAH, Gaza Strip (AP) — Israeli strikes over the past 24 hours killed at least 38 people in Gaza, including a mother and her two children sheltering in a tent, local health officials said Sunday, with no data available for a second straight day from now-inaccessible hospitals in the north.
Softbank’s Son Floats Idea of US-Japan Sovereign Wealth Fund: FT
1748148831 from BLOOMBERG
SoftBank founder Masayoshi Son has proposed setting up a US-Japan sovereign wealth fund aimed at making large investments in technology and infrastructure, the Financial Times reported, citing three unidentified people close to the situation.
Australia’s Opposition Parties on Track to Return to Coalition
1748141816 from BLOOMBERG
Australia’s two center-right opposition parties appear to be on track to return to the Coalition, a longstanding alliance between the pair that suffered a surprise split last week in the wake of a disastrous election showing.
Billionaires Boost Cuomo’s Fundraising Lead in NYC Mayor’s Race
1748118301 from BLOOMBERG
Former Governor Andrew Cuomo expanded his commanding fundraising lead in the New York City mayoral race with help from a few billionaire donors, according to newly published numbers filed with the city’s Campaign Finance Board.
Fed to Take in Stride Another Month of Tame Inflation
1748116800 from BLOOMBERG
The Federal Reserve may take comfort that tariffs have yet to materially boost official inflation readings, but policymakers will continue to suggest interest rates are on hold until they better understand the coming impact of US trade policy.