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Swedish brothers ride oat milk boom to $562m gains

Bloomberg It began with a group of scientists and a wild idea: That the byproduct remaining after making oat bran could be turned into non-dairy milk. That idea became the foundation of Oatly Group AB, the Swedish oat milk company that debuted in New York after raising $1.4 billion in an IPO. The share sale cements the fortunes of one ...

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Mali vice president fires detained president, PM

Bloomberg Malian Vice President Assimi Goita said he fired the nation’s president and prime minister, hours after the two men were detained by mutinous soldiers. “In light of recent events, I feel obliged to relieve the president and prime minister of their functions to defend the republic,” Goita said in a statement read on state television on Tuesday by Baba ...

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Biden, Putin to meet in Geneva for first summit on June 16

Bloomberg President Joe Biden will meet Russian President Vladimir Putin in Geneva on June 16, the first summit between the two leaders since the American president took office. “The leaders will discuss the full range of pressing issues, as we seek to restore predictability and stability to the US-Russia relationship,” White House Press Secretary Jen Psaki said in a statement ...

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