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Sweden’s central bank raised borrowing costs and opened the door to another move, acting to tame inflation stoked by energy costs and a strengthening economy.
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Source: Bloomberg, 3:35
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Deflecting blame for an election shellacking, the president now faces a grueling second-term reality: endless subpoenas, legislative gridlock and a shrinking window to secure his legacy.
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The new intake includes several winners who are seen as future presidential candidates
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As Americans decide who controls Congress and pass their political verdict on President Trump’s second term, Bloomberg TV analyzes what the midterms mean for Wall Street and the world. (Source: Bloomberg)
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Source: Bloomberg, 0:00
THE GUARDIAN — WORLD INTERNATIONAL
Sales and profit from clothing and homeware remain below two years ago but ‘brand is in good health’ Marks & Spencer has said a devastating cyber-attack that shut down its website last year continued to hurt clothing sales over the summer…
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Meta Platforms Inc. is making its debut in the euro bond market, joining a burst of borrowing by the world’s biggest technology companies as they race to finance trillions of dollars of investments in artificial intelligence.
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Anna Edwards, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
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Source: Bloomberg, 0:00
Democratic control of Congress could bring greater scrutiny of Trump’s handling of the Iran and Ukraine wars, while leaving him broad foreign-policy powers.
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China said it’s in contact with the US and Russia about a meeting between their presidents at the APEC summit, in what would be an unprecedented huddle between the three nuclear powers.
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In a midterm election seen as a rebuke to President Trump, a blue wave materialized. Democrats are set to control both the House and Senate.
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Source: Bloomberg, 15:25
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To paraphrase Outkast, the South had something to say.
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UK interest rates are not bearing down on inflation as much as the Bank of England thought, according to new research that strengthens the case for a hike in borrowing costs this week.
The high street giant has been buoyed by strong growth across its food business, which is performing ‘ahead’ of plan.
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Probes could uncover communications between officials and executives after alleged corruption emerged as campaign theme
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Democratic incumbent Marcy Kaptur is projected to win the election in Ohio’s 9th Congressional District, according to Decision Desk HQ on X.
Precious metals saw strong gains on Tuesday morning, as investors digested a Democratic sweep in the U.S. midterm elections.
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Plus, the pound is rallying against the dollar after Democrats’ midterm sweep
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India’s central bank announced a new technical panel to examine the efficiency, liquidity and resilience of the country’s foreign exchange and government bond markets.
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A healthy Republican Party would respond to this historic midterm-election repudiation of President Donald Trump with contrition and honest introspection. Its leaders would plot a fresh path forward and shed the elements of a White House…
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