Business
Luxury Battle: Hermes is now worth more than LVMH
Business
Steph Curry Signs Deal With Chinese Sportswear Giant
Basketball star Stephen Curry signed a 10-year endorsement deal with Chinese sportswear giant Li Ning. Its success depends on how Li Ning positions stores, products and marketing, says Bloomberg Intelligence’s Catherine Lim.
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Business
BOE’s Bailey: UK banks still don’t have access to Mythos #ai #shorts
Bank of England Governor Andrew Bailey said that British banks are still locked out of using Anthropic’s Mythos, calling for a international approach to fighting cybersecurity threats
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Business
Turkish Foreign Minister Expects Trump to Attend NATO Summit
Turkish Foreign Minister Hakan Fidan tells Bloomberg that he expects US President Donald Trump to attend the NATO summit in Ankara next month. “As far as we know he’s going to attend,” Fidan says during an interview with Haslinda Amin in Singapore. He also discusses the US-Iran war and the prospects for a peace agreement.
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Business
Iran to Suspend Talks With US Over Israeli Actions
Iran said it would halt talks with the US in protest over Israel’s expanded ground assault in Lebanon, escalating tensions as Washington and Tehran try to iron out a tentative peace deal. Tyler Kendall reports on the latest out of the Middle East.
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Business
Texas Primary: Paxton Defeats Cornyn After Securing Trump Nod
Texas Attorney General Ken Paxton won the state’s Republican Senate runoff, defeating four-term incumbent John Cornyn and setting the stage for a November showdown with Democrat James Talarico. Paxton clinched the nomination a week after securing an endorsement from President Donald Trump in one of the most expensive primaries in Senate history. Bloomberg’s Jon Herskovitz reports.
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