🚨 LIVE BLOG: Shares of Indian food and grocery delivery company Swiggy will shortly start trading for the first time after a $1.3 billion IPO.
Follow along for the latest updates and analysis ⬇️ https://bloom.bg/3CCcx8E
Billionaire Elon Musk and entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency tasked to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” President-elect Donald Trump announced. Read more here: https://bloom.bg/3AtYVMl
📷: Bloomberg
President-elect Donald Trump has started to choose the people who he wants to implement his “America first” policies on the border, trade, economy and more.
From Susie Wiles to Marco Rubio, take a look at some of the people Trump is picking or set to pick: https://bloom.bg/411hr9N
📷: Bloomberg
China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing market, according to people familiar with the matter. More here: https://bloom.bg/4fpjDfq
📷: Qilai Shen/Bloomberg
New government: Mauritian Prime Minister Pravind Kumar Jugnauth conceded defeat in Sunday’s elections after early results showed his five-party Alliance Lepep coalition trailing its main rival. https://bloom.bg/3UNfxp0
Biggest listing: Pick n Pay is seeking to raise 8 billion rand ($449 million) through an initial public offering in discount retailer Boxer in what is set to be Africa’s biggest listing this year. https://bloom.bg/4fEgU1q
Green transition: Senegal will recommit to a $2.7 billion program to reduce its reliance on fossil fuels in coming weeks. https://bloom.bg/3NZqWyq
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
Lululemon is booming in China. So, how did it crack the market where other international retail giants are fading?
Its playbook offers a glimpse. Read here: https://bloom.bg/3AAUsr4
📷: Qilai Shen/Bloomberg
Trump's US election victory was music to the ears of some attendees at Singapore's FinTech Festival. But others feared the economic cost of his win. Read more in this week's free Singapore Edition newsletter: https://bloom.bg/40BYpGv
📷: Aparna Nori/Bloomberg
China has announced a $839 billion program to refinance local government debt, as Beijing rolls out more measures to support a slowing economy facing new risks from the reelection of Donald Trump. Read more: https://bloom.bg/4feIN0n
📷: Bloomberg
Trump just helped the world's top 10 richest people get even more rich. $64 billion richer, according to the Bloomberg Billionaires Index.
Elon Musk alone added $26.5 billion to his pot. See the full list here: https://bloom.bg/4flCHLK
📷: Getty
🎙 One million skilled workers – doctors, engineers, accountants and managers, among others – have left Pakistan over the past three years alone.
Find out what’s driving the severe brain drain on the Big Take Asia Podcast ⬇ https://link.podtrac.com/jxfy2rhy
US election: The outcome of the closely watched US election will have a major impact globally, from Ukraine, the Mideast and Africa to world trade. https://bloom.bg/4eceCFL
Nation on edge: Venâncio Mondlane, the independent Mozambican opposition presidential candidate who fled the country after last month’s disputed elections, plans to return this week to lead supporters in protests in Maputo, the capital. https://bloom.bg/3UCKRGY
Rare advance: Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy. https://bloom.bg/4fA4qHY
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
BREAKING: Boeing workers accept a new labor contract, ending a strike estimated to have cost the company about $100 million a day in lost revenue. https://bloom.bg/3CpfHwr
📷: David Ryder/Getty Images
As the most turbulent presidential campaign in decades enters its final hours, Americans can be forgiven for wondering: What just happened?
Read more: https://bloom.bg/48AgwPa
📷: Bloomberg
LVMH, Kering and other luxury houses poured billions of dollars into China. Now they're scrambling to adjust to what may be a permanent shift in demand. Here's why: https://bloom.bg/4eagSNv
📷: Na Bian/Bloomberg
Botswana election: An opposition coalition emerged as the shock winner of Botswana’s parliamentary elections, the first time power has changed hands in the diamond-dependent southern African nation since independence almost six decades ago. https://bloom.bg/3NNYvTR
Stashed dollars: Nigeria unveiled an amnesty program to draw out foreign exchange hoarded by individuals outside banks in a bid to support the nation’s currency, which plummeted to a new low on Thursday. https://bloom.bg/4hnlMK9
Broadband costs: Ghana, the West African nation recovering from a debt crisis, is banking on a high-speed broadband network supported by billionaire Mukesh Ambani to cut data costs and spur economic activity. https://bloom.bg/3NTzJSc
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
BREAKING: Nvidia picks SoftBank as its first customer to build an AI supercomputer with new Blackwell chips. More here: https://bloom.bg/4emFYcc
📷: Akio Kon/Bloomberg
More jobs: South Africa’s unemployment rate fell for the first time in a year as business confidence improved and economic growth showed signs of recovery. https://bloom.bg/3Cj0fC4
Parliamentary majority: Ghana’s Supreme Court reinstated the governing party’s majority in parliament, overruling a decision by the Speaker to declare four seats vacant. https://bloom.bg/3CyeXFj
Cost of debt: The premium on African sovereign debt over US Treasuries has dropped to a five-year low, signaling investor confidence in certain high-yield bonds even as concerns linger about how Donald Trump’s second presidency will impact the continent. https://bloom.bg/3CpAGQ1
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 is expected to name Marco Rubio as secretary of state, a person familiar with the matter said, granting a top job in his second administration to a one-time rival who later became one of his most ardent supporters in the Senate. Read more: https://bloom.bg/3ADpqPh
📷: Christian Monterrosa/Bloomberg
Hong Kong is recovering after a bruising talent drain, with licensed finance jobs hitting a record as banks and asset managers bet on the city’s push to become the world’s biggest wealth management hub. Read more here: https://bloom.bg/3YL8GxD
📷: Paul Yeung/Bloomberg
JUST IN: Japan's parliament officially votes to keep Shigeru Ishiba as prime minister, setting him up for a potential meeting with President-elect Donald Trump https://bloom.bg/48GbCAl
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With an army of gig workers, a fleet of mini-warehouses and big-name investors, here's how Indian startup Swiggy beat Amazon to lightning-fast grocery deliveries in the world’s fastest-growing major economy: https://bloom.bg/40Bzhji
📷: Abeer Khan/Bloomberg
Tax reforms: Nigeria sees proposed changes in its tax laws helping to boost revenues, as the West African nation seeks to control its widening deficit and borrowing costs. https://bloom.bg/3Ctf7xK
Election unrest: Relative calm returned to Mozambique’s capital on Friday after police used deadly violence to break up a wave of post-election protests that shook Maputo the day before. https://bloom.bg/40G4K3M
Trump money: No billionaire did more to help Donald Trump win the US presidential election than Elon Musk. The South African-born Tesla and SpaceX boss will now find out whether it pays off or he ends up getting burned. https://bloom.bg/4hGetx5
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
Tensions rise: Mozambican police clashed with demonstrators who converged on the capital on Thursday to protest the country’s disputed elections. https://bloom.bg/4fCYONm
IMF deal: Ghana’s main opposition leader said he would renegotiate the $3 billion IMF program to reduce taxes and smooth loan repayments if he wins next month’s election. https://bloom.bg/3YWqx6b
ZiG free-float: Zimbabwe wants its gold-backed currency to float freely on the foreign exchange market, the central bank’s deputy governor said, though he declined to spell out when this would happen. https://bloom.bg/4eeB0y8
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
Australia will ban social media for children under the age of 16, in a bid to force tech giants to reckon with their apps' mental health impact https://bloom.bg/48BqG27
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Kamala Harris and Donald Trump are on track for what could be one of the closest US elections in history.
Follow our live blog for the latest news and analysis of the 2024 election: https://bloom.bg/election2024
A dramatic political rupture between India and Canada has cast a spotlight on a top confidante of Prime Minister Narendra Modi, who has been mentioned as a possible successor to lead the world’s most populous country.
Read more about Amit Shah, the Indian minister accused by Canada of authorizing a wave of alleged crimes: https://bloom.bg/4fplQHy
📷: RAVEENDRAN/AFP
Fiscal deficit: Goldman Sachs believes South Africa is unlikely to suffer the large revenue shortfall projected by its finance minister and that the nation’s path for fiscal consolidation remains credible. https://bloom.bg/3UxErZR
Fungal outbreaks: A largely unnoticed surge of rare but deadly fungi is spiking around the world, helped by the Covid-19 pandemic and a warming planet that's training them to survive at higher temperatures. https://bloom.bg/3CdOs8f
New regime: Botswana’s new president, Duma Boko, assumed office after his alliance’s shock victory in last week’s elections and announced economist Ndaba Gaolathe as his pick for deputy. https://bloom.bg/4ehXePV
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
A largely unnoticed surge of rare but deadly fungi is accelerating around the world, helped by the Covid-19 pandemic and a warming planet that appears to be training them to survive at higher and higher temperatures. Read more here: https://bloom.bg/3CdOs8f
📷: BSIP/Universal Images/Getty Images
Whatever happens in the US election, smaller nations are preparing to navigate the vote and its aftermath. Find out how the rest of the world is bracing itself in this week's Singapore Edition newsletter: https://trib.al/TUyYJcR
📷: Ed Wray/AP
Indian American voters in swing states have become key targets for Democratic campaigners who think they could deliver a Kamala Harris victory in a tight election https://bloom.bg/4f66xDL
📷: Simone Foxman/Bloomberg
