Safer bet: South Africa, once seen as a volatile emerging market, is now gaining favor among investors navigating a world with Donald Trump in the White House. https://bloom.bg/4iczMH2
Defense pact: Chad canceled an agreement permitting French troops to operate in the country, one of the few places where Western forces combat Islamist insurgents in the Sahel. https://bloom.bg/3ZasDhB
Namibia votes: Early results from Namibia’s elections show the ruling party garnered the most support, albeit markedly less than five years ago. https://bloom.bg/3OwMp1W
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
Norway is set to become the first country to fully transition to EVs, thanks to targeted incentives that make the switch to electric an easy choice. Read The Big Take: https://bloom.bg/3OsoYXF
📷: Naina Helén Jåma/Bloomberg
Bank heist: Hackers breached the Ugandan central bank’s systems and stole 62 billion shillings ($17 million) from its accounts. https://bloom.bg/4i2FNWF
Cease and desist: Namibia ordered Elon Musk's Starlink to cease all operations in the country. Here's why: https://bloom.bg/4ic18wI
Unrest continues: Mozambique’s main border crossing with South Africa was blocked for a second day on Thursday due to political unrest. https://bloom.bg/4fDS7eh
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
Donald Trump had dinner with Meta CEO Mark Zuckerberg at the president-elect’s Mar-a-Lago estate in Florida.
Zuckerberg met with Trump and members of his team, according to a Meta representative, who added that Zuckerberg wasn’t staying for Thanksgiving: https://bloom.bg/3VcKrY2
📷: David Paul Morris/Bloomberg
📷: Allison Robbert/AFP/Bloomberg
China released three Americans as part of a prisoner swap between the Biden administration and the Chinese government https://bloom.bg/3CZ2gUf
Читать полностью…Why global hedge funds and private equity firms are piling into Japan’s $165 billion hidden property trade.
The potential for unrealized gains stems from an accounting quirk: https://bloom.bg/49d0vig
NEW: Wall Street billionaire Howard Lutnick must address the future of his sprawling business empire before he prepares for his first boss in decades as Trump’s Commerce secretary pick.
Read The Big Take https://bloom.bg/4ePagEw
Vietnamese prosecutors have told property tycoon Truong My Lan she must repay an estimated $11 billion if she wants to avoid execution by lethal injection. More here: https://bloom.bg/3COe8Zq
📷: AFP/Getty Images
Hong Kong has become a center for financial crime as Beijing tightened its grip on the city, US lawmakers said, highlighting the worsening ties between the former British colony and Washington. Read more: https://bloom.bg/3ZkO0y2
📷: Paul Yeung/Bloomberg
Three young men walk on stage in a ballroom in Singapore for a 10-minute pitch, riffing through 12 slides of pure quantitative-trading nerdery: Hierarchical tree. Co-kurtosis. Vector neutral.
The finance esoterica would be lost on most audiences but it’s catnip for this crowd at the International Quant Championship hosted by WorldQuant. Read more on the SharkTank-style showdown to crowdsource excess returns from finance whiz kids: https://bloom.bg/3CGsuem
📷: WorldQuant
Kim Dotcom, the internet entrepreneur facing extradition from New Zealand to the US, said he is recovering from a “serious stroke.” More here: https://bloom.bg/4eLPxld
📷: Brendon O'Hagan/Bloomberg
Qualcomm’s takeover interest in Intel has cooled, upending what would have been one of the largest technology deals of all time, according to people familiar with the matter. https://bloom.bg/4fHdX0l
📷: Ariana Drehsler/Bloomberg
BREAKING: Donald Trump says the US will impose an additional 10% tariff on Chinese goods on top of all existing levies. More here: https://bloom.bg/3AWmlKu
📷: Brandon Bell/Getty Images
🚨 LIVE NOW: US prosecutors charged Gautam Adani with helping drive a $250 million bribery scheme. Nearly $30 billion was wiped off the Adani Group’s market value.
Join Bloomberg reporters Menaka Doshi, Sanjai P R, Patricia Hurtado, Chiranjivi Chakraborty for a Live Q&A on the far-reaching impact. Ask your questions here: https://bloom.bg/3Z7b2Y1
Japan's hottest stock is a 139-year-old company that's up 430% this year. More here: https://bloom.bg/4fKzDsK
Читать полностью…Saudi-backed LIV Golf and Europe's DP World Tour are said to be considering a potential tie-up.
If successful, the deal would cement LIV Golf’s position in the golfing calendar and give the DP World Tour — previously known as the European Tour — significant financial heft. More here: https://bloom.bg/4i3nHDX
Australia’s new social media ban for under-16s is wildly popular with voters — 77% support the move, according to a YouGov survey — but it has unleashed a maelstrom of criticism from big tech https://bloom.bg/4eMGlNu
Читать полностью…NEW: Here's why China, Europe, the US and Japan have all plunged into a new technological arms race over computer chips https://bloom.bg/4eUFkmq
Читать полностью…The Biden administration is weighing additional chip sale restrictions to China that would escalate the US crackdown on Beijing’s tech ambitions, but stop short of some stricter measures previously considered: https://bloom.bg/497bWIt
📷: Qilai Shen/Bloomberg
Xi wants to transform China's military into a modern force by 2027.
But a major concern appears to be graft that has eroded the quality of the weapons and capabilities of special units, leading to sweeping purges of senior leaders.
Here's what to know: https://bloom.bg/418clZd
Election unrest: Mozambique is facing renewed unrest after the main opposition leader called for more protests. https://bloom.bg/3CJrJBh
Disqualified candidates: Tanzanians voted in local government elections on Wednesday that the main opposition said was rigged after thousands of its candidates were disqualified from running. https://bloom.bg/415ePHE
Big deal: A South African minister is appealing an order by the nation’s Competition Tribunal that blocked Vodacom's $730 million deal to buy a stake in Remgro’s fiber businesses. https://bloom.bg/3ZfApaa
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
Chinese cars are rapidly replacing Japanese brands in key markets. Here's how once-dominant brands like Honda and Nissan are losing share at a worrying rate: https://bloom.bg/3Z5rJCV
Photography for illustration: iStock/Getty Images Plus
Rates hike: Nigeria's central bank raises interest rates again, intensifying its bid to curb inflation and support the battered naira. https://bloom.bg/3B0SqAU
Historic vote: Namibia is about to vote in its most hotly contested election since gaining independence in 1990 and Netumbo Nandi-Ndaitwah is expected to become the country's first female leader. https://bloom.bg/3ZdXTMS
Inflation cools: Zimbabwe’s monthly inflation rate fell for the first time in four months with the ZiG helping to keep prices under control. https://bloom.bg/3Ov3IAc
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
British Airways plans to introduce a new first class on its A380 double-decker jets in mid 2026.
From a 32-inch TV to a personal luggage storage space, take a sneak peek inside: https://bloom.bg/40YhIKu
📷: British Airways
Bitcoin posted its longest losing streak since Donald Trump’s US election victory, following a failed run at $100,000 and as fervor over his embrace of crypto cools. Read more: https://bloom.bg/413v7kw
📷: Paul Yeung/Bloomberg
European Union proposes to sanction several Chinese firms that it claims helped Russian companies develop attack drones. More here: https://bloom.bg/493Hxed
Читать полностью…Walmart, the world's biggest retailer, is scrapping some diversity, equity and inclusion initiatives after being targeted by a conservative activist. More here: https://bloom.bg/4g6TbHx
📷: Dustin Chambers/Bloomberg
Economic growth: Nigeria’s economy grew faster than anticipated in the third quarter, buoyed by its services and oil sectors. https://bloom.bg/3V71uen
Deep pockets: South African property group Attacq has earmarked $1.1 billion to further develop its flagship Waterfall City hub on the outskirts of Johannesburg. https://bloom.bg/4g3LKRq
Corruption unit: South Africa should set up a single agency to fight graft, according to the OECD, which led a review of the nation’s procurement practices. https://bloom.bg/40ZmjMx
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
Sony is in the early stages of developing a portable console that would play its PlayStation 5 games on the move. The product is aimed at expanding Sony’s reach and competing with Nintendo in the portable gaming market, according to people familiar with its development. Read more: https://bloom.bg/3VaYe1p
📷: Kiyoshi Ota/Bloomberg
In a bland north Austin neighborhood dominated by anonymous corporate office towers, Amazon engineers are toiling away on one of the tech industry’s most ambitious moonshots: loosening Nvidia’s grip on the $100-billion-plus market for artificial intelligence chips.
Take a first look inside the tech giant’s massive chip-making effort: https://bloom.bg/4i59AOj
📷: Chona Kasinger/Bloomberg