Top Vodafone Backer E& Weighs Increasing Stake to Up to 25%
Vodafone Group Plc’s biggest shareholder said it’s considering increasing its stake to ensure it has influence over the British telecommunications company’s future.
Bloomberg Business
Used-Car Prices Fall in April as Rising Rates Start to Erode Sales
Used-vehicle prices tumbled in April after making gains in the first quarter of the year — a sign rising interest rates are starting to erode sales.
Barclays Taps Edgell, Shafi to Build Out Sell-Side Advisory
Barclays Plc said Rob Edgell and Kassem Shafi will take over as co-heads of its mergers-and-acquisitions sell-side advisory business in the Americas as it looks to work on more private equity exits and corporate divestitures.
AMD’s AI Progress Wins Over Traders Seeking More Than Just Promises
Promises of a future when artificial intelligence drives a surge in sales for chipmakers are no longer cutting it in the stock market. These days, hard evidence of progress toward that is needed.
US Job Gains and Wages Pick Up, Signaling Labor Resilience
US hiring and workers’ pay gains accelerated in April, showing signs of labor-market resilience and fresh inflationary pressures in the face of economic headwinds.
Nigerian Senator Gets UK Jail Sentence for Organ Harvesting Plot
A Nigerian senator who coaxed a Lagos street trader to the UK to harvest a kidney for his sick daughter was sentenced to nine years and eight months in jail by a London judge, in the first conviction of its kind under Britain’s modern slavery laws.
Serbian President Vows to Disarm Country After Back-to-Back Mass Shootings
Serbian President Aleksandar Vucic pledged significantly tighter gun restrictions and announced a buyout of weapons after two mass shootings this week stunned the Balkan nation.
Pakistan’s Imran Khan to Be Indicted in State Gift Sale Case
A Pakistan court will formally charge former premier Imran Khan on May 10 for hiding earnings from the sale of state gifts acquired during his time in office, a lawyer for the country’s election commission said.
China’s Xi Vows to Strengthen Party’s Control Over Economy
Chinese President Xi Jinping pledged to further enhance the Communist Party’s control over the economy as he chaired the meeting of a top policy-making body to discuss key development strategies.
Wagner Chief Again Threatens Bakhmut Pullout Over Supplies
In an expletive-laden video filmed in front of a field of corpses, Wagner mercenary group founder Yevgeny Prigozhin accused Russian Defense Minister Sergei Shoigu and the head of the army Valery Gerasimov of failing to supply his troops in Ukraine with enough ammunition.
