Peru Cuts Key Rate for Second Month After Recession Deepened
Peru cut interest rates for a second straight month Thursday, as inflation cooled more than expected and the country’s recession deepened.
Bloomberg Business
Open House: Hong Kong Mansion Built From Ruins of War Lists for $70 Million
The low-rise apartment block above Repulse Bay reflects the area’s rich history from Japanese occupation to reconstruction during Hong Kong’s boom.
Trump Considers Meeting With Republicans on House Speaker Vote
Former President Donald Trump is considering meeting with House Republicans as they prepare to elect a new speaker following the ouster of Kevin McCarthy, according to a Republican familiar with the planning.
Amazon’s SpaceX Duel Heats Up as Tardy Satellites Set to Fly
Amazon.com Inc. is poised to launch its first two test satellites for Project Kuiper on Friday, as Jeff Bezos’ tech giant races to build out a massive internet-from-space constellation to compete with SpaceX’s Starlink.
Legal Cocaine Is Coming, This Canadian Startup Predicts
A startup just listed on the Canadian Securities Exchange with a business model based on a provocative prediction: legal cocaine is coming.
Levi’s Shares Fall as Sales Weakness Sparks Downbeat Outlook
Levi Strauss & Co. reported quarterly revenue that missed expectations as performance at retailers including department stores dragged down results, leading the company to cut its full-year sales outlook.
Pentagon Developing AI to Aid Indo-Pacific and Other Commands
The Defense Department is speeding its development of artificial intelligence tools for the commander of US forces in the Indo-Pacific, according to a senior Defense official.
The Rich Are Flocking to Singapore. Bankers Stick With Hong Kong
In the battle of Asian financial hubs, each city has its own bragging rights
George Santos’s Treasurer Pleads Guilty to Conspiring With Him
US Representative George Santos’s campaign treasurer pleaded guilty to charges that she conspired with the congressman to fraudulently obtain financial support for his campaign.
SEC Seeks to Force Musk Testimony on Twitter Stock Purchases
The US Securities and Exchange Commission is seeking to force Elon Musk to testify as it investigates the billionaire’s purchases of Twitter Inc. shares ahead of his takeover of the social media platform.
