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CAP

Guinea-Bissau Soldiers Seize Power Citing Plot to Rig Election

Soldiers in Guinea-Bissau arrested President Umaro Sissoco Embaló and called for last weekend’s elections to be annulled, citing an alleged plot by drug traffickers and others to rig the outcome.

Soldiers in Guinea-Bissau arrested President Umaro Sissoco Embaló and called for last weekend’s elections to be annulled, citing an alleged plot by drug traffickers and others to rig the outcome.
Bloomberg Markets • Nov 26, 4:11 PM
CAP

UK Expects Bigger Non-Dom Tax Take Despite Billionaire Exits

The UK government is expecting a bigger windfall from major reforms to a preferential tax system for wealthy residents, despite a growing number of ultra-rich individuals relocating to other territories.

The UK government is expecting a bigger windfall from major reforms to a preferential tax system for wealthy residents, despite a growing number of ultra-rich individuals relocating to other territories.
Bloomberg Markets • Nov 26, 3:50 PM
CAP

Rio Said to Seek Sale of Some Critical Minerals Assets in US

Rio Tinto Group is seeking to divest its US assets that produce boron, a critical mineral used in various applications ranging from fertilizers to glass making, according to people familiar with the matter.

Rio Tinto Group is seeking to divest its US assets that produce boron, a critical mineral used in various applications ranging from fertilizers to glass making, according to people familiar with the matter.
Bloomberg Markets • Nov 26, 3:44 PM
CAP

UK’s Tax Relief for New Stocks Spurs Hope for Permanent Fix

Chancellor Rachel Reeves’s plan to give newly listed companies on the London Stock Exchange a three-year exemption on stamp duty tax was welcomed by City of London executives as a step to boosting the capital markets, though they would rather it be scrapped altogether.

Chancellor Rachel Reeves’s plan to give newly listed companies on the London Stock Exchange a three-year exemption on stamp duty tax was welcomed by City of London executives as a step to boosting the capital markets, though they would rather it be scrapped altogether.
Bloomberg Markets • Nov 26, 3:29 PM
CAP

US Stocks Notch Fourth Day of Gains Before Thanksgiving Break

US stocks advanced on Wednesday as expectations for an interest-rate cut at the Federal Reserve’s next meeting helped fuel gains before the Thanksgiving break.

US stocks advanced on Wednesday as expectations for an interest-rate cut at the Federal Reserve’s next meeting helped fuel gains before the Thanksgiving break.
Bloomberg Markets • Nov 26, 3:08 PM
CAP

Nvidia Is the 'Rocky Balboa' of AI, Ives Says

Dan Ives of Wedbush Securities says Nvidia is the "Rocky Balboa champion" of artificial intelligence.

Dan Ives of Wedbush Securities says Nvidia is the "Rocky Balboa champion" of artificial intelligence. He's not worried about any competition from Google. He says Nvidia can't keep up with demand and speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Bloomberg Markets • Nov 26, 3:06 PM