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French economy slows

  Bloomberg France’s economy is slowing more than previously expected as industry suffers from soaring energy costs and worsening supply constraints following Russia’s invasion of Ukraine, according to a monthly report by the central bank.

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Deutsche Telekom edges closer to T-Mobile control

  Bloomberg Deutsche Telekom AG paid $2.4 billion to SoftBank Group Corp. to increase its stake in T-Mobile US Inc., taking it closer to its goal of holding a majority of the US division. The Bonn-based telecommunications company now holds 48.4% of the company after buying 21.2 million shares at an average price of $113 per T-Mobile share.

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Valuation bloat in stocks, bonds is catching up with bull market

  Bloomberg The economic cycle is advancing to a point where valuations may finally matter again for stock and bond investors. Fortress-like in their refusal to bend for the better part of a decade, both asset classes have come under pressure thanks to the ever-stiffening resolve of central banks to restore order to the global economy. The S&P 500 has ...

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