Archive

German Doner Kebab Expands Ambitions with Entry into Indian Market Targeting £1.3bn in Global Sales

UK-based German Doner Kebab (GDK), backed by private equity firm True, is set to launch its first restaurant in India in early 2026, as part of a broader strategy to reach £1 billion in global sales over the next five years. This expansion, facilitated through a master franchise agreement with GBC India, marks a significant step in GDK's international growth and focuses on tapping into the rising demand for protein-rich food in the region.

Starmer Says Reeves Didn’t Mislead UK Public Ahead of Budget

Prime Minister Keir Starmer defended his chancellor, Rachel Reeves, saying she didn’t mislead voters and fellow cabinet members about the state of the UK’s public finances in the run-up to last week’s budget.

Prime Minister Keir Starmer defended his chancellor, Rachel Reeves, saying she didn’t mislead voters and fellow cabinet members about the state of the UK’s public finances in the run-up to last week’s budget.

Bond Investors Find Safety in Emerging Markets

For some emerging-market nations, dollar borrowing costs are slipping toward those of the US, long considered the safest market of all.

For some emerging-market nations, dollar borrowing costs are slipping toward those of the US, long considered the safest market of all.

BHP Is Said to Have Offered £40 Billion in Aborted Anglo Bid

BHP Group offered around £40 billion ($53 billion) in its now-aborted attempt to acquire Anglo American Plc, according to people with knowledge of the matter.

BHP Group offered around £40 billion ($53 billion) in its now-aborted attempt to acquire Anglo American Plc, according to people with knowledge of the matter.

Trump Says His Choice Has Been Made for Next Fed Chair

President Donald Trump said he has decided on his pick for the next Federal Reserve chair, telling reporters on Air Force One Sunday, “I know who I am going to pick, yeah.

President Donald Trump said he has decided on his pick for the next Federal Reserve chair, telling reporters on Air Force One Sunday, “I know who I am going to pick, yeah.” Jonathan Tamari of Bloomberg Government has more on Bloomberg Television. (Source: Bloomberg)

Trump’s Net Tightens Around Maduro’s Venezuela

US leader’s weekend moves look like a prelude to something more muscular against Maduro’s regime.

US leader’s weekend moves look like a prelude to something more muscular against Maduro’s regime.

Chile Investors Start to Query What Happens After Kast Wins

Investors in Chile are already looking beyond the presidential runoff this month, confident it will usher in the most right-wing government in 35 years, but concerned the new administration will struggle to deliver on its promises.

Investors in Chile are already looking beyond the presidential runoff this month, confident it will usher in the most right-wing government in 35 years, but concerned the new administration will struggle to deliver on its promises.

Swiss prosecutors file charges against Credit Suisse and UBS

Prosecutors alleged organisational ‘deficiencies’ relating to the Mozambique ‘tuna bonds’ scandal.

Prosecutors alleged organisational ‘deficiencies’ relating to the Mozambique ‘tuna bonds’ scandal

Crypto ETPs snap 4-week slide with $1B inflows as XRP posts its best week

Crypto ETPs rebound with $1.

Crypto ETPs rebound with $1.07 billion inflows after four weeks of losses, while XRP hits record weekly gains amid US ETF launches.

Budapest Assembly Meets on Insolvency as Hungary’s Orban Offers Lifeline

Hungarian Prime Minister Viktor Orban said he’s ready to throw a financial lifeline to Budapest, where the opposition leadership blames the government’s tax policies for pushing the capital city to the brink of insolvency.

Hungarian Prime Minister Viktor Orban said he’s ready to throw a financial lifeline to Budapest, where the opposition leadership blames the government’s tax policies for pushing the capital city to the brink of insolvency.

Philippines Delays Award of Key Bridge Project Amid China Risk

The Philippines deferred the awarding of a project that’s part of a plan to build one of the world’s longest marine bridges after local opposition over the potential involvement of a Chinese company due to national security fears.

The Philippines deferred the awarding of a project that’s part of a plan to build one of the world’s longest marine bridges after local opposition over the potential involvement of a Chinese company due to national security fears.

Bitcoin’s slumping again. The biggest corporate owner admits it may have to sell if things get worse.

Bitcoin sprinted higher over the holiday, but that’s now fading and bitcoin’s biggest corporate holder says they’d be forced to sell if things worsen.

Bitcoin sprinted higher over the holiday, but that’s now fading and bitcoin’s biggest corporate holder says they’d be forced to sell if things worsen.

Treasuries Fall as New Corporate Debt Follows Japan Bond Selloff

Treasuries fell as US trading returned to normal after last week’s holiday, with a surge of new corporate bond supply to begin the last month of the year.

Treasuries fell as US trading returned to normal after last week’s holiday, with a surge of new corporate bond supply to begin the last month of the year.

Treasuries Lead Global Bond Selloff Amid Corporate Supply Surge

Treasuries slumped as a surge in sales of corporate bonds — a sign of favorable financial conditions — and a global selloff in government bonds ushered in the last month of the year.

Treasuries slumped as a surge in sales of corporate bonds — a sign of favorable financial conditions — and a global selloff in government bonds ushered in the last month of the year.

Credit Suisse Hit With Laundering Charges in Mozambique Case

Swiss prosecutors charged Credit Suisse with failing to prevent suspected money laundering of suspicious service fees linked to loans the lender offered Mozambique to build a fishing fleet in what became the tuna-bond scandal.

Swiss prosecutors charged Credit Suisse with failing to prevent suspected money laundering of suspicious service fees linked to loans the lender offered Mozambique to build a fishing fleet in what became the tuna-bond scandal.

Floods Become Test for Thailand’s Premier Ahead of Elections

Thailand’s government on Monday announced fresh relief measures for victims of one of the country’s worst floods in decades, weeks ahead of an expected call for snap elections.

Thailand’s government on Monday announced fresh relief measures for victims of one of the country’s worst floods in decades, weeks ahead of an expected call for snap elections.

Yen rises and bonds fall after BoJ governor hints at rate increase

Kazuo Ueda’s remarks ‘clearly signal’ possibility of tightening in December meeting, say analysts.

Kazuo Ueda’s remarks ‘clearly signal’ possibility of tightening in December meeting, say analysts

Gunvor’s Billionaire Owner to Step Down, Sell His Stake to Staff

Gunvor Group owner and Chief Executive Officer Torbjörn Törnqvist will step down and sell his majority stake in the energy trader to senior staff, just weeks after the company was labeled a “puppet” of the Kremlin by the US government.

Gunvor Group owner and Chief Executive Officer Torbjörn Törnqvist will step down and sell his majority stake in the energy trader to senior staff, just weeks after the company was labeled a “puppet” of the Kremlin by the US government.

Gunvor’s Billionaire CEO Törnqvist to Quit in Staff Buyout

Gunvor Group owner and co-founder Torbjörn Törnqvist will step down and sell his majority stake in the energy trader to senior staff, just weeks after the company was labeled a “puppet” of the Kremlin by the US government.

Gunvor Group owner and co-founder Torbjörn Törnqvist will step down and sell his majority stake in the energy trader to senior staff, just weeks after the company was labeled a “puppet” of the Kremlin by the US government.

ECB Likely to Hike Rates in 2027, BNP Paribas Says

Sam Lynton-Brown from BNP Paribas Markets 360 says European Central Bank interest rates are "in a good place right now," but expects the next ECB move to be an increase rather than a cut.

Sam Lynton-Brown from BNP Paribas Markets 360 says European Central Bank interest rates are "in a good place right now," but expects the next ECB move to be an increase rather than a cut. "The hike isn't going to come quickly, we think it's a 2027 story," Lynton-Brown tells Bloomberg Television. He adds European growth in 2026 "can surprise materially on the upside," driven in particular by German fiscal expectations. (Source: Bloomberg)