Artillery Ammo Deals for Ukraine Gain Traction With EU Members
European Union members may agree to pool ammunition purchases as early as next month in a push to secure badly needed firepower for Ukraine.
Bloomberg Business
Renault’s Alpine Seeking Women Drivers for its Formula 1 Team
Renault SA’s Alpine is once again in the run for a Formula 1 championship this season but with a much bigger prize in mind than just gaining a few podiums. It’s seeking women drivers.
Support for Japan PM Kishida Slips After Aide’s LGBTQ Gaffe, Poll Shows
Public support for Japanese Prime Minister Fumio Kishida edged down slightly in an opinion poll by the Mainichi newspaper, after a former aide made discriminatory remarks regarding the LGBTQ community earlier this month.
TPG’s Rise Fund Leads $300 Million Malaysia Education Deal
TPG’s Rise Fund made its second education investment in Malaysia, leading the purchase of a controlling stake in a private university that valued the institution at more than $300 million, people familiar with the matter said.
US, China Top Diplomats Hold First Meeting After Balloon Crisis
US Secretary of State Antony Blinken warned China’s top diplomat against providing lethal aid to Russia’s invasion of Ukraine and rebuked him over an alleged Chinese spy balloon that heightened tensions between the world’s largest economies.
Sunak’s Margin for UK Tax Cuts Set to Narrow With Deficit Jump
The UK Treasury is expected to post the largest budget deficit for any January in at least 25 years, tying the hands of Chancellor Jeremy Hunt as he faces calls to cut taxes and boost public-sector pay.
Early BOJ Shift Would Risk Return to Deflation, Ex-Deputy Warns
The Bank of Japan tweaking its yield curve control before achieving its price goal would risk pushing the world’s third-largest economy back into deflation, former Deputy Governor Kikuo Iwata said, warning the central bank’s incoming leadership against a hasty exit from stimulus.
Dirty-Money Rating Risks Boosting Costs for South African Banks, State Companies
South Africa’s government and state-owned companies will find it harder to borrow money, while banking and asset-management fees may increase if the country is added to a global watchdog’s list of nations with shortcomings in tackling illicit financial flows.
Dan Loeb Says CPI, Jobs May Have Exaggerated Economic Strength
Activist investor Dan Loeb said consumer prices and jobs data seem to have exaggerated the US economy’s strength.
Bungled Messaging Over Ohio Train Crash Causes Chaos
Gary Stevenson, the mayor of Paulsboro, New Jersey, is still troubled by the disastrous messaging that surrounded a dangerous train derailment in his town more than a decade ago. The communications meltdown now troubling Norfolk Southern Corp. is worse.
