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Lula’s support puts first-round win back in play, DataFolha says

  Bloomberg Luiz Inacio Lula da Silva is gaining momentum 10 days before Brazil’s presidential election, nearing the simple majority needed to give him a first-round victory on October 2, a new DataFolha poll shows. Leftist challenger Lula would take 47% of the first-round vote, up from 45% a week ago, with the increase falling inside the poll’s two-point margin ...

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UK’s biggest tax cuts since 1972 trigger crash in pound, bonds

Bloomberg Liz Truss’s new UK government delivered the most sweeping tax cuts since 1972, slashing levies on rich households and companies in a bid to boost economic growth in a move that triggered a massive market selloff of the currency and bonds. Chancellor of the Exchequer Kwasi Kwarteng announced a series of tax cuts and regulatory reforms that will cost ...

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Gas shortage: Germany steps up preparations for emergency rationing

Bloomberg Germany is stepping up preparations for a gas emergency that would require rationing for the country’s biggest companies this winter as Russia’s squeezes flows to Europe. In a sign of growing urgency, the regulator will next Wednesday present to lawmakers a digital security platform to identify the “non-protected” consumers that will bear the brunt of rationing. That includes Germany’s ...

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