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French Premier’s Budget Push Faces Key Stretch Ahead of Vote

France’s National Assembly is starting a second reading of the 2026 social security budget bill on Tuesday in a crucial test of Prime Minister Sebastien Lecornu’s plan to shepherd contested financial legislation through a divided parliament.

France’s National Assembly is starting a second reading of the 2026 social security budget bill on Tuesday in a crucial test of Prime Minister Sebastien Lecornu’s plan to shepherd contested financial legislation through a divided parliament.
Bloomberg PoliticsDec 2, 11:36 AM
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Asset Manager Swept Up in Gang Probe Jolts Brazil’s Wall Street

Days before police descended on his high-flying investment firm Reag Investimentos SA, João Carlos Mansur was boasting on TV.

Days before police descended on his high-flying investment firm Reag Investimentos SA, João Carlos Mansur was boasting on TV. “The truth is, we look for opportunity at all times,” the company’s founder and the face behind its rocketing success said in an August interview.
Bloomberg PoliticsDec 2, 11:30 AM
CAP

Gunvor’s New CEO Says Profit Rebounded From First Half

The new head of Gunvor Group — the energy merchant which announced a staff buyout on Monday — said earnings have rebounded from a poor first half amid better trading opportunities and strong oil-refining margins.

The new head of Gunvor Group — the energy merchant which announced a staff buyout on Monday — said earnings have rebounded from a poor first half amid better trading opportunities and strong oil-refining margins.
Bloomberg MarketsDec 2, 11:15 AM
CAP

Morgan Stanley Says Mortgage Aid May Halt China’s Housing Slump

China could turn to mortgage subsidies to revive its housing market, Morgan Stanley said, estimating that Beijing may need to spend about 400 billion yuan ($57 billion) a year to lift battered consumer confidence.

China could turn to mortgage subsidies to revive its housing market, Morgan Stanley said, estimating that Beijing may need to spend about 400 billion yuan ($57 billion) a year to lift battered consumer confidence.
Bloomberg MarketsDec 2, 10:30 AM
CAP

China May Halt Housing Dip With $57 Billion Yearly Mortgage Aid

China could turn to mortgage subsidies to revive its housing market, Morgan Stanley said, estimating that Beijing may need to spend about 400 billion yuan ($57 billion) a year to lift battered consumer confidence.

China could turn to mortgage subsidies to revive its housing market, Morgan Stanley said, estimating that Beijing may need to spend about 400 billion yuan ($57 billion) a year to lift battered consumer confidence.
Bloomberg MarketsDec 2, 10:30 AM