Bloomberg Nachrichten

 

Mongolia's prime minister resigned on Friday to try to find a way out of the political deadlock that has gripped parliament....

US companies in China should seize opportunities from the Beijing's rural revitalization drive and align their strengths with the needs of agricultural and rural development, Vice Agriculture Minister Zhang Zhili said....

China is directing private grain processors to expand and upgrade whole‑grain production, part of a broader drive to strengthen food security and modernize its agricultural supply chain....

Indonesia began enforcing restrictions on social media accounts for children under 16 on Saturday, becoming the first country in Southeast Asia to adopt nationwide curbs as governments worldwide take a tougher approach to limit harmful online content....

A major export port on Australia's west coast handling iron ore, liquefied natural gas and other bulk commodities has reopened after cyclone damage forced a shutdown....

Former US Ambassador to China Nicholas Burns breaks down the global stakes of the Iran conflict, the war in Ukraine, and tensions with China. Burns discusses the way Iran could reshape geopolitical power, why Russia may be gaining strategic advantages, and what's at risk if US alliances continue to weaken. He also explains why America's relationships with its allies remain its greatest competitive edge against China. (Source: Bloomberg)...

Australia is set to introduce new powers to shore up fuel security, including measures to underwrite private sector purchases of fuel from the international market as a prolonged war in the Middle East heightens supply risks....

Global music festivals are moving closer to their audiences in Asia as war-driven travel disruptions reshape how far fans are willing to go....

Realtors in Jewar are ecstatic. A construction frenzy sparked by an airport project has swept through this otherwise monotonous farming town near New Delhi....

A former Mozambique finance minister convicted in the US for his role a $2 billion bond fraud was set to be deported Thursday after his release from prison, but was instead detained by Immigration and Customs Enforcement, according to his lawyer....

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Morgan Stanley's Jim Caron, Los Angeles Mayor Karen Bass, Bernstein Research's Stacy Rasgon, TWG Global Managing Partner Amos Hochstein, Envestnet's Dana D'Auria, Bokeh Capital Partners' Kim Forrest, Citi's Michael Anderson, Evercore ISI's Sarah Bianchi. (Source: Bloomberg)...

This week, the Fed holds rates steady, anticipating greater uncertainty and higher prices as war in Iran drives up fertilizer and fuel costs. Plus, letting first-time homebuyers tap retirement savings might ease down payments, but it can also fuel demand and push home prices higher. Later, can farmers respond quickly enough when social media spikes demand for their produce, or do viral trends create more risk than opportunity? (Source: Bloomberg)...

Shares of the Fundrise Innovation Fund fell sharply for a second straight day Friday, though remain well above the underlying value of its holdings in private tech firms including the potentially IPO-bound SpaceX and Anthropic PBC....

Argentina sold $150 million of a bond denominated in dollars on Friday that gauged investors appetite to finance the government beyond President Javier Milei's first term....

Meta Platforms Inc. plans to debut two new Ray-Ban smart glasses models next week intended for prescription wearers....

New York City sued ridehail app Empower and founder Joshua Sear, claiming the company has been operating unlawfully without a license the past few years even as the service gained popularity by offering cheap fares to customers....

Los Angeles Mayor Karen Bass discusses the current state of gas prices and unemployment and plans to keep the filming industry in the city. She also discusses working with Casey Wasserman for the 2028 olympics, and as the World Cup comes to California the mayor sees it as an economic boom. She speaks with David Gura and Katie Greifeld on “The Close.” (Source: Bloomberg)...

Speaking in Miami, President Donald Trump says he hopes a deal can be reached with Iran and talks are ongoing, but the Strait of Hormuz has to be fully repoened. (Source: Bloomberg)...

Tiger Woods was arrested on suspicion of DUI Friday at the scene of a car crash in which he struck another vehicle and rolled his Land Rover, authorities said. The Martin County Sheriff's Office said Woods was not injured. (Source: Bloomberg)...

KPMG UK has told nearly 600 staffers in its audit business that their jobs are at risk, according to people familiar with the matter....