Russian attack kills five at Ukraine’s Naftogaz gas production facilities, officials say
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EU Has Tools If US Threatens Industries, French Minister Says
The European Union has tools that it can turn to if Donald Trump makes excessive threats to strategic industries such as steel, French Trade Minister Nicolas Forissier said.
Iraq Slashes Oil Prices for Buyers Willing to Transit Hormuz
Iraq is offering its term buyers huge discounts for crude loaded this month, but tankers will have to transit the Strait of Hormuz to collect the barrels deep inside the Persian Gulf just as hostilities flare in the region.
Whatnot has Americans Hooked on Livestream Shopping
Whatnot’s rapid-fire auctions has the apps customers spending big on everything from sports cards to seafood, for better or worse. Alicia Tang reports. (Source: Bloomberg)
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Henko Weighs Stake Sale in Portuguese Engineering Firm Quadrante
Henko Partners is exploring the sale of its minority stake in Quadrante, a deal that could value the Portuguese engineering and environmental consultancy at more than €300 million ($352 million), according to people familiar with the matter.
Bank of America Didn’t ‘Wall-Cross’ Segantii Before Esprit Block
Bank of America Corp. traders working on a 2017 block sale in the shares of fashion retailer Esprit Holdings Ltd. didn’t “wall-cross” Segantii Capital Management before disclosing some information about the potential deal, Hong Kong prosecutors said on Monday.
South Africa Factories Turn Upbeat as War Brings Orders Forward
A gauge measuring South African manufacturer sentiment rose in April to its best level in two years, driven by business activity and new sales orders, potentially reflecting front-loading ahead of price increases due to the Iran war.
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Berkshire Hathaway is now sitting on a record $397 billion in cash. And it’s not the only firm reluctant to invest in the stock market.
Berkshire Hathaway has added to a giant pile of cash, and sending a message for investors to be patient.
EU Seeks US Trade Talk, But Ready to Respond, Top Official Says
Europe is ready to respond should US President Donald Trump follow through on his threat to raise tariffs on cars and trucks from the European Union to 25%, according to Eurogroup President Kyriakos Pierrakakis.
“The number one choice is always dialogue — we want to be a predictable partner in the international economy, we believe in the transatlantic relationship,” he told Bloomberg Television. “But having said this, if there is a deviation from what we have agreed upon, obviously all options are on the table and all choices will be on the table”, Pierrakakis told Bloomberg’s Oliver Crook on Monday. (Source: Bloomberg)