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Bloomberg 😐

By The Way: Headlines You May Have Missed the Week of 8/02

Younger Chinese professionals moving away from the traditional baijiu drinking culture, premium bottled water gaining traction with wellness-focused consumers, and historic government buildings across Europe being converted into luxury hotels. Bloomberg News' Nathan Hager joins David Gura and Christ

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Bloomberg 😐

Wall Street’s Favorite Bet Comes Undone as Chips Whipsaw Market

The one-way trade in semiconductor stocks that has defined equity markets this year is coming unglued, triggering stomach-churning volatility as investors grow increasingly concerned that the fire-hose of artificial intelligence spending won’t continue.

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Bloomberg 😊

SpaceX IPO Faces First Reality Check

Bloomberg Space Reporter Loren Grush says investors will use SpaceX's first public earnings report to gauge progress on Starship, Starlink, AI infrastructure and the company's long-term growth strategy following its blockbuster IPO. She says Starship's latest test marks meaningful progress, but majo

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Bloomberg 😐

Yen Traders Brace for More Intervention With US at Japan’s Side

Currency traders are on high alert for more joint intervention by Japan and the US when trading gets underway in Asia on Monday after coordinated operations in Tokyo and New York last week triggered a dramatic rebound in the yen.

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Bloomberg 😔

Trump Pauses Iran Strikes as Talks Resume

Bloomberg's Jeff Mason and Dan Williams say President Donald Trump is pausing planned military action against Iran to allow negotiations over the Strait of Hormuz and Iran's nuclear program to continue, while warning the pause depends on reaching a deal quickly. They say Israel remains cautious, Gul

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Bloomberg 😊

This Surgical Robot Could Transform the Operating Room

After spending years and hundreds of millions of dollars, Johnson and Johnson has won FDA approval for its new surgical robot Ottava. Can it challenge the dominance of competitors who entered the race years earlier, or is the market already spoken for? (Source: Bloomberg)

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Bloomberg 😐

ANZ, NAB Among Banks Funding Blackstone HSBC Book Buy, AFR Says

ANZ Group Holdings Ltd. and National Australia Bank Ltd. are among lenders bankrolling Blackstone Inc.’s A$36 billion ($25.3 billion) purchase of HSBC Holdings Plc’s Australian retail loan portfolio, the Australian Financial Review reported Sunday, citing unnamed sources.

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Bloomberg 😔

Modi Opposes Court Cases For Protesters, Urges Forgiveness

Indian Prime Minister Narendra Modi said he opposed punishment and court proceedings for the young protesters who marched in New Delhi and other Indian cities in recent weeks, saying “children make mistakes” and society should “forgive” them for using foul language.

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Bloomberg 😔

Saudi Prince Concerned Over Trump’s Iran Strike Plan: Axios

Saudi Crown Prince Mohammed bin Salman told President Donald Trump in a call that he was concerned over the US’s plans for new strikes against Iran, Axios reported, citing people familiar with the conversation.

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Bloomberg 😔

Crushed by Kospi Rout, Angry Koreans Rip Lee and Vow Not to Buy

South Korea’s retail traders have long built a reputation for embracing risk. Yet July’s punishing reversal in the Kospi has rattled even this battle-hardened cohort, exposing the limits of their tolerance for volatility.

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ARY News 😐

Capital One says it closed Trump Organization’s accounts after anti-money laundering probe

Capital One says it closed Trump Organization’s accounts after anti-money laundering probe

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The Guardian 😐

Alan Jones trial on indecent assault and sexual touching charges begins in Sydney

The 85-year-old former broadcaster faces 22 charges from six different complainants in what is expected to be a four-month trial

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The Guardian 😔

A record number of First Nations people died in NSW prison custody last year. Advocates fear this year will be worse

Exclusive: Karlene Whitton says her son Matthew Roberts took his own life three months into his jail term. ‘I keep picturing it every night’

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The Guardian 😐

Man arrested after Scottish woman found dead inside suitcase in Athens

Greek police say 26-year-old foreigner is believed to have left Elisabeth-Jane Ross’s body in derelict building

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RT 😐

UEFA has built football’s apartheid system – now it wants to play savior

UEFA forced FIFA to abandon its World Cup investment plan, but the boycott was really about money, Russia, Israel and control Read Full Article at RT.com

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