World

Adidas edges Nike in World Cup team sponsorship as Puma falters

by BLOOMBERG
Adidas AG has the early lead in the shirt-sponsorship battle that will accompany the World Cup in Russia next year. With qualification for ...

North Korean missiles still lack re-entry capability, Seoul says

by BLOOMBERG
North Korea hasn’t secured the key technologies needed to build ballistic missile that can survive a return through the atmosphere, ...

Deutsche Bank deal talk is revived

Investors are asking if a US buyout rm could make Germany’s largest banks change their minds
by BLOOMBERG FRANKFURT • A year ago, executives at ...

UK retail sales go cold as Christmas shopping season nears

by BLOOMBERG
LONDON • UK retail sales barely rose in October as food stores saw declines for a second month and clothing dropped the most this year. ...

Fed insiders push for radical policy review as Powell era dawns

by BLOOMBERG
WASHINGTON • US Federal Reserve (Fed) officials are pushing for a potentially radical revamp of the playbook for guiding US monetary ...

VW teams with Chinese partners in RM50b EV push

by BLOOMBERG
GUANGZHOU • Volkswagen AG (VW) will invest more than €10 billion (RM49.2 billion) with its partners to make and develop a range of ...

Saudi Arabia said to freeze trading accounts

by BLOOMBERG
DUBAI • Saudi Arabia’s market regulator has frozen the trading accounts of individuals being detained or investigated as part of the ...

SoftBank plans RM104.5b in Saudi investments

The firm aims to deploy up to RM62.7b in a new city called Neom
by BLOOMBERG LONDON • SoftBank Group Corp plans to invest as much as US$25 billion ...

Philippine 6.9% GDP beats all estimates

by BLOOMBERG
MANILA • The Philippine economy grew 6.9% last quarter, exceeding all estimates in a Bloomberg survey and cementing its position as one of ...

Australia’s jobless rate falls to lowest in more than 4 years

by BLOOMBERG
SYDNEY • Australia’s jobless rate unexpectedly fell in October as fewer people sought work, while full-time positions that have driven ...

Shanghai Pharma hungry for more after Cardinal buy

HONG KONG • Shanghai Pharmaceuticals Holding Co is exploring further acquisitions after it beat out global buyout firms to buy Cardinal Health Inc’s ...

Record RM9.2b HK land sale shows mart still hot

by BLOOMBERG
HONG KONG • A consortium including Sino Land Co paid a record HK$17.3 billion (RM9.17 billion) for a plot of residential land in Hong ...