Bloomberg Business

Thailand to Shrink Rank of Generals Amid Conscription Debate

Thailand will slash the number of army generals by 50% over the next four years, according to the nation’s defense ministry, amid a pledge by a coalition of pro-democracy parties that won the May election to end conscription and reduce military spending.

Billionaire Arnault Plans to Visit China After Musk and Dimon

LVMH CEO Bernard Arnault intends to visit China this month after the country reopened following pandemic-era lockdowns that had hampered luxury sales in one of the world’s biggest consumer markets, according to people familiar with the matter.

Australia Trade Minister Heads to Europe Aiming to Seal EU-FTA

Australia’s Trade Minister Don Farrell will head to Brussels this weekend for the final rounds of negotiations on a free trade agreement with the European Union, which both sides signaled may be completed by the end of the European summer.

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