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Swedish krona falls to 14-year low

  Bloomberg The Swedish krona fell to its lowest level against the euro since 2009 as a downturn in the housing market fueled broader investor concern about the Scandinavian nation’s economy. The currency sank as much as 0.6% to 11.4434 per euro, taking its drop in the past 12 months to more than 8%. The krona could get some support ...

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World’s top gold miner Newmont offers $17b for Newcrest:

  Bloomberg Newmont Corp. is offering $17 billion to acquire Australia’s Newcrest Mining Ltd. and create a global precious metal behemoth in the largest takeover deal globally this year. The takeover, if completed, would also be one of the biggest in Australian history, according to data compiled by Bloomberg. Newcrest jumped as much as 14% in Sydney, the most since ...

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Ukraine defense chief’s removal put on hold amid security risks

  Bloomberg A shakeup involving the replacement of Ukraine’s defense chief may be delayed as President Volodymyr Zelenskiy’s government braces for a Russian offensive. A day after a senior lawmaker in Zelenskiy’s party announced that Defense Minister Oleksii Reznikov will be replaced by Ukraine’s head of military intelligence, a parliamentary official said no decisions on staff changes will be made ...

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