Bloomberg Business

The Key Contenders to Replace Vietnam’s Ousted President

The race to fill one of Vietnam’s top four political positions has begun after Nguyen Xuan Phuc became the biggest name yet to fall in an anti-corruption campaign led by conservative ideologues in the Communist Party.

Richemont, Burberry See China Sales Rebound, Sparking Optimism

Richemont and Burberry Group Plc said consumer spending in China is already rebounding after three years of pandemic lockdowns and a virus surge that cost the luxury-goods makers almost a quarter of their sales there last quarter.

Macau Ex-Junket Boss Alvin Chau Sentenced to 18 Years Prison

Macau’s ex-junket king Alvin Chau was sentenced to 18 years in prison in the gaming hub after being found guilty of charges including criminal association, capping the downfall of the flamboyant former industry tycoon.

EU Could Escape Technical Recession, Dombrovskis Says

The European Union may dodge recession this year as gas prices come down and recovery fund spending feeds into the economy, Commission Vice President Valdis Dombrovskis told Bloomberg TV.

Women Are Macron’s Biggest Critics on Pension Reform

Patricia Humbert has never joined a demonstration in her life. But for the first time, the 57-year-old teaching assistant is considering protesting against Emmanuel Macron’s flagship pension reform.

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