Sunak Suspends Tory Lawmaker Caught in Times Lobbying Sting
UK Prime Minister Rishi Sunak suspended a Conservative MP after he was caught on video appearing to offer to lobby on gambling issues in exchange for money.
Bloomberg Top News
Iran and Saudi Plot Path to End Rivalry That Drove Regional Wars
Saudi Arabia and Iran’s top diplomats met in China on Thursday, the first major step in their efforts to end a decades-long regional rivalry that’s fueled proxy wars and unsettled oil markets.
Temenos Is Seeking Fresh Interest From Private Equity Firms
Temenos AG asked for fresh expressions of interest from potential suitors in recent weeks after takeover talks fell apart last year over price, people with knowledge of the matter said.
Ipsen Hunts For Targets With $4.4 Billion to Spend, CEO Says
Ipsen SA will pour billions of dollars more into deal making as the French drugmaker accelerates efforts to reinvent itself with a focus on innovative prescription medicines.
Halifax Says UK House Prices Stabilizing After Drop Last Year
One of Britain’s biggest mortgage lenders said house prices are stabilizing after a decline last year, indicating buyers have adapted to a surge in interest rates.
Ukraine Latest: Donetsk Battle Ongoing, Putin Meets Belarus Ally
Battles are continuing in eastern Ukraine’s Donetsk region around Avdiyivka, Maryinka and Bakhmut where Russian troops are still attempting to gain full control of the city that’s been the focus of intense fighting for months, the Ukrainian General Staff said in a Facebook statement.
Spain to Invest $2.3 Billion in South African Energy Transition
Spain is providing 2.1 billion euros ($2.3 billion) to help fund South Africa’s energy transition and water needs, even as some of the world’s richest nations struggle to push forward on a ground-breaking climate-finance initiative with the continent’s most-industrialized country.
Orban Seeks to Extend Emergency Rule in Hungary by Six Months
Hungarian Prime Minister Viktor Orban’s government is seeking to extend emergency rule by six months, citing the war in neighboring Ukraine.
India Seeks to Deepen Foreign Exchange Market With Onshore NDFs
India announced steps to deepen its foreign exchange market by allowing local residents trade currency derivatives contracts popular in the offshore market, according to the central bank.
India RBI Unexpectedly Holds Rate Steady, Bonds Rally
India unexpectedly left its benchmark interest rate unchanged and pledged to hike again if needed, joining other central banks in pausing as global banking woes add uncertainty to the economic outlook.