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Hong Kong’s Deadly Fire Fueled by Substandard Netting, Officials Say

Authorities found Hong Kong’s deadly blaze was accelerated by workers using cheaper substandard netting and evading government testing, as police said the death toll has risen to 151.

Authorities found Hong Kong’s deadly blaze was accelerated by workers using cheaper substandard netting and evading government testing, as police said the death toll has risen to 151.

HK Fire Linked to Substandard Netting; Deaths Rise to 151

Authorities found Hong Kong’s deadly blaze was accelerated by workers using cheaper, substandard netting and evading government testing, as police said the death toll has risen to 151.

Authorities found Hong Kong’s deadly blaze was accelerated by workers using cheaper, substandard netting and evading government testing, as police said the death toll has risen to 151.

Judge may force sale of Nicki Minaj’s $20 million SoCal mansion over debt owed to former security guard

A judge says she is close to forcing the sale of Nicki Minaj’s L.

A judge says she is close to forcing the sale of Nicki Minaj’s L.A. home after the rapper allegedly refused to pay damages awarded to a former security guard who claims he was assaulted by Minaj’s husband.

Trump’s Assault on the WHO Is Forcing Radical Reform

The UN agency that responds to Ebola outbreaks and other health emergencies is in turmoil.

The UN agency that responds to Ebola outbreaks and other health emergencies is in turmoil. But its leaders say it could emerge stronger.

Plastic Cup Billionaire Shifts Fortune to New ‘Sin Stock’ Bets

Billionaire Kenneth Dart, the reclusive, Cayman Islands-based heir to his family’s eponymous plastic-cup fortune, made $4 billion from a contrarian bet on Big Tobacco.

Billionaire Kenneth Dart, the reclusive, Cayman Islands-based heir to his family’s eponymous plastic-cup fortune, made $4 billion from a contrarian bet on Big Tobacco. Now, he’s turned his attention to another vice.

China Vanke Asks for 12 Months to Pay Bond Under Extension Plan

China Vanke Co.

China Vanke Co., the distressed builder that surprised markets last week when it proposed an unspecified delay in paying a local bond, has now asked holders to wait a year to be made whole, as it faces mounting liquidity pressure amid waning state support.

China Vanke Jolts Bondholders Again With Plan for One-Year Delay

China Vanke Co.

China Vanke Co., the embattled developer that rattled markets last week with an unexpected request to delay a local bond payment, has again shocked creditors with details of the plan.

Billionaire Benetton Family Forms Private-Market Investment Firm

The Benetton family’s holding company Edizione is setting up an alternative investment firm with about €3 billion ($3.

The Benetton family’s holding company Edizione is setting up an alternative investment firm with about €3 billion ($3.5 billion) in assets under management as it seeks to grow its private markets.

UK Mortgage Approvals Dipped in October Amid Tax Rise Fears

Demand for home loans fell slightly in October as prospective buyers put decisions on ice amid fears of tax rises targeting the UK property market in the budget.

Demand for home loans fell slightly in October as prospective buyers put decisions on ice amid fears of tax rises targeting the UK property market in the budget.

Fear Grips Copper Market, Leading Prices to Record High

Copper advanced to a record high on the London Metal Exchange on fears the global market is heading for a supply crunch.

Copper advanced to a record high on the London Metal Exchange on fears the global market is heading for a supply crunch. The sharp moves higher came after a major industry conference in Shanghai last week that highlighted signs of supply stress following a year of unplanned mine disruptions. Bloomberg’s Martin Ritchie reports.

Saudi Wealth Fund Plans to More Than Double Investments in Japan

Saudi Arabia’s sovereign wealth fund is looking to increase its investments in Japan to about $27 billion by the end of 2030 as the kingdom looks to deepen ties in Asia and expand in areas from critical minerals to financial markets.

Saudi Arabia’s sovereign wealth fund is looking to increase its investments in Japan to about $27 billion by the end of 2030 as the kingdom looks to deepen ties in Asia and expand in areas from critical minerals to financial markets.

Third Coast Bancshares, Inc. to Acquire Keystone Bancshares, Inc. in Strategic Merger

Third Coast Bancshares, Inc. has entered into a definitive merger agreement with Keystone Bancshares, Inc., where Keystone will become a wholly owned subsidiary of Third Coast. The deal, valued based on stock exchange ratios, aims to enhance Third Coast's market presence and financial strength.

In a significant corporate transaction, Third Coast Bancshares, Inc. (Third Coast) has announced its plan to acquire Keystone Bancshares, Inc. (Keystone) through a merger agreement dated October 22, 2025. This merger will involve Arch Merger Sub, Inc., a wholly owned subsidiary of Third Coast, merging with Keystone, which will subsequently be integrated into Third Coast as a wholly owned subsidiary. Under the terms of the merger, each outstanding share of Keystone common stock will be...

Australian Miners Boost Gold Exploration to Benefit From Rally

Australian miners are ramping up gold exploration as prices that have surged to a record high this year spur a search for new deposits.

Australian miners are ramping up gold exploration as prices that have surged to a record high this year spur a search for new deposits.

Trump-backed candidate takes lead in Honduras presidential election

Former construction magnate Nasry ‘Tito’ Asfura pulls ahead of rivals in wake of US threat to cut off aid.

Former construction magnate Nasry ‘Tito’ Asfura pulls ahead of rivals in wake of US threat to cut off aid

SNB Skipped Intervening in October Despite Franc Surge, UBS Says

The Swiss National Bank probably didn’t step into currency markets in October to stop the haven run of the franc, according to UBS calculations based on balance sheet data.

The Swiss National Bank probably didn’t step into currency markets in October to stop the haven run of the franc, according to UBS calculations based on balance sheet data.

<strong>Travis Kavulla Explains Why Electric Bills Shot Up</strong>

It's not just datacenters.

It's not just datacenters.

Odd Lots: Kavulla Explains Why Electric Bills Shot Up (Podcast)

Odd Lots: Kavulla Explains Why Electric Bills Shot Up (Podcast)

China Travel Warning Deals Blow to Matsuya Ginza Duty-Free Sales

Duty-free sales at Japanese retailer Matsuya Co.

Duty-free sales at Japanese retailer Matsuya Co.’s flagship Ginza stores fell about 15% last month from a year earlier, marking the first sign that Japan’s retail sector is being hit by geopolitical tensions with China.

Ukraine Peace Negotiations: US-Ukraine Talks 'Productive' | Daybreak Europe 12/01/2025

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead.

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Today's guest: Alexandra Ivanova, Fixed Income Fund Manager at Invesco. (Source: Bloomberg)

Rupee Selloff Weighs on Nifty 50 After Index Briefly Hits Record

India’s Nifty 50 index and its currency appeared to move in lockstep on Monday, weighing down a stock gauge that touched an intra-day record during morning trading.

India’s Nifty 50 index and its currency appeared to move in lockstep on Monday, weighing down a stock gauge that touched an intra-day record during morning trading.