India Central Bank Says Report on Selling Gold Is Incorrect
India’s central bank said a report that it’s selling gold is “not correct,” pointing to data showing its physical stock of gold has remained unchanged.
markets
Nippon Paint, Sherwin-Williams End Effort to Buy Akzo Nobel
Nippon Paint Holdings Co. and Sherwin-Williams Co. ended their effort to buy Akzo Nobel NV, leaving the Dutch paintmaker to proceed with its planned merger with US firm Axalta Coating Systems Ltd.
Meta Secures Partial Win in Challenge Over EU Big Tech Rules
Meta Platforms Inc. secured a partial victory in its bid to exempt certain services from the scope of strict European Union digital rules after a court said regulators made several legal errors when deciding what to target.
China Picks State Firm to Help Coordinate Mining Deals Abroad
China has chosen a new state investment company to help coordinate its overseas metals and mining deals, and counter mounting geopolitical risks that threaten its ability to secure resources, according to people familiar with the matter.
Yields Likely to Go Higher Again: 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Greenbriar-Backed Applied Aerospace Raises $650 Million in IPO
Applied Aerospace & Defense Inc., a space and defense engineering firm, raised $650 million in an initial public offering, pricing the shares near the top of a marketed range.
Indonesian Stocks Slump to Five-Year Low, Rupiah Drops to Record
Indonesian stocks plunged to their lowest level in five years and the rupiah hit a record low in another stark reminder of the multi-faceted challenges confronting Southeast Asia’s biggest economy.