Qantas Names First Female CEO in Start of Reputational Rebuild
Qantas Airways Ltd. named Vanessa Hudson as its first female chief executive officer, handing her the task of rebuilding the 103-year-old airline’s battered reputation.
Bloomberg Top News
JPMorgan, Deutsche Judge Explains Why Epstein Suits May Proceed
The judge overseeing lawsuits alleging JPMorgan Chase & Co. and Deutsche Bank AG knowingly benefited from Jeffrey Epstein’s sex trafficking operation explained his reasoning behind allowing some claims to proceed but dismissing several others.
North Asia’s Factories Stuck in Decline as Global Growth Stalls
North Asia’s export powerhouses continued to stutter in April amid sluggish global trade and a patchy economic recovery in China, according to new data that amplified concerns about the risk of a global recession.
Australia to Crack Down on E-Cigs and Ban Single-Use Vapes
Australia will restrict the sale and use of e-cigarettes and ban all single-use vapes in what is likely the government’s most significant smoking-related reform in a decade to avert a health crisis.
S. Korea Inflation Slows, Creating Room for Potential Pivot
South Korea’s inflation slowed for a third straight month in April, providing more evidence for the central bank that price pressures are easing and potentially creating room for a pivot toward interest rate cuts.
Richard Li-Backed Venture Firm Flags Hong Kong Crypto Potential as US Clamps Down
CMCC Global, a venture capital company focused on blockchain technology, said the US digital-asset crackdown is opening up opportunities for Hong Kong as the city strives to become a crypto hub.
Trump Defense Fights DA’s Bid to Limit His Access to Evidence
Donald Trump’s lawyers fired back at Manhattan District Attorney Alvin Bragg’s request to bar the former president from discussing evidence in his criminal case on social media as well as viewing it outside of the presence of his legal team.
Milken Latest: Saudis Look to Diversify Economy Beyond Just Oil
It’s the first full day of speakers at the Milken Institute Global Conference in Beverly Hills, California, which brings together everyone from dealmakers to celebrities.
Ukraine Latest: US Says 20,000 Russians Killed in Bakhmut Battle
Russia has suffered more than 100,000 casualties, including 20,000 killed, since December in the bloody standoff over Bakhmut in eastern Ukraine, according to the US National Security Council.
Billionaire Adani Focuses on Energy as Green Unit Profit Surges
Billionaire Gautam Adani’s clean energy unit reported fourth-quarter profits surged as the conglomerate prioritizes renewable power amid its response to the impact of Hindenburg Research’s explosive report.