Bloomberg Figaro Coffee Group Inc. jumped to a record as Philippine’s largest instant noodle maker Monde Nissin Corp. acquired a 15% stake in the company, giving the local coffee chain and restaurant operator more funds to expand its store network. Shares of Figaro advanced 5.6%, trimming earlier gains of as much as 6.7%, while volume surged about 24 times ...

  Bloomberg For a few hours last week, British consumers were asked to make a choice: keep consuming power as normal or just turn the lights off. Hundreds of thousands of households took part in the effort to reduce electricity demand during a couple of hours when energy supplies were forecast to be particularly tight. There was a financial incentive ...

Bloomberg US regulators are investigating Elon Musk’s role in shaping Tesla Inc.’s self-driving car claims, the latest effort by watchdogs to scrutinize the actions of the world’s second-richest person. The review is part of an ongoing Securities and Exchange Commission probe of the company’s statements about its Autopilot driver-assistance system, according to a person with knowledge of the matter who ...

Bloomberg The Mercosur trade group and the European Union will reach a trade agreement soon, Argentine President Alberto Fernandez said in Buenos Aires, during German Chancellor Olaf Scholz’s visit to the South American nation. The trade bloc, which also consists of Brazil, Paraguay and Uruguay, is keen to finalize the long-negotiated deal, Fernandez said, adding that he has spoken to ...

  Bloomberg Europe’s biggest semiconductor-equipment maker ASML Holding NV said an agreement between the Netherlands, the US and Japan to restrict exports of some advanced chipmaking machinery to China shouldn’t have a “material effect” on forecast it has published for this year. “In combination with the current market situation, we do not expect these measures to have a material effect ...

  Bloomberg The boss of Britain’s largest sandwich-maker says price negotiations with supermarkets have become so strained amid the inflation crisis that sometimes walking away is the only option. “In certain cases we’ve said to people ‘If you’re not prepared to take this price, we’re not prepared to supply you’,” said Dalton Philips, Chief Executive Officer at Greencore Plc, speaking ...

Bloomberg A former Nato general pledging unwavering support for Ukraine will become the next Czech president after securing a convincing victory over a combative former billionaire prime minister. Petr Pavel, who once served as Nato’s highest-ranking military officer, declared victory after winning 57.9% with 98% of polling districts counted, according to data published by the Czech Statistics Office. Andrej Babis, ...

  Bloomberg The eldest son of former Brazilian President Jair Bolsonaro said on Saturday that his father doesn’t have a deadline to return to Brazil and dismissed the idea of extradition by the US. Bolsonaro traveled to the US late last month, two days before the end of his term, skipping the inauguration of President Luiz Inácio Lula da Silva. ...

  Bloomberg After more than 100 days walking nearly the entire length of India, Rahul Gandhi, scion of the nation’s most famous political dynasty, stood before a shivering crowd in rural Himachal Pradesh as a cheer went up. Bearded and clad in a white t-shirt, Gandhi bore none of the vestiges of wealth or elitism that have smudged his family’s ...

  Bloomberg Paetongtarn Shinawatra, bidding to follow in the footsteps of her father and aunt in becoming Thai prime minister, is confident her party can achieve a landslide victory at the next elections with better policies to ease the burden of voters. The 36-year-old daughter of Thaksin Shinawatra is widely seen as the Pheu Thai opposition party’s top potential candidate ...