Bloomberg

BusinessDesk publishes select articles from international news service Bloomberg, which has more than 1000 journalists spread around the globe.
Musk consolidates power at Twitter after board is dismissed
Media

Musk consolidates power at Twitter after board is dismissed

Elon Musk is Twitter’s sole director after dismissal of the board. The company will buy back any and all 2027 and 2030 senior notes.

Bloomberg 02 Nov 2022
Inflation bites into Americans' plans for retirement
World Free

Inflation bites into Americans' plans for retirement

A new survey has found that 55% of people feel they haven’t saved enough, and the rising cost of living is preventing them from doing so.

Bloomberg 30 Oct 2022
World's biggest source of clean energy is evaporating fast
World Free

World's biggest source of clean energy is evaporating fast

From California to Germany and China, climate change-fuelled heatwaves and droughts have shrunk rivers that feed giant hydropower plants.

Bloomberg 30 Oct 2022
Aussie budget: higher debt, deficits despite lower spending
World

Aussie budget: higher debt, deficits despite lower spending

Australia should keep its AAA credit rating, despite the Albanese government producing a first budget last night that includes higher spending on national insurance and debt servicing.

Bloomberg 26 Oct 2022