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China autoriza exportaciones de tierras raras a EE.UU., según Reuters

19 hours ago | bloomberg.com | Ryan Beene

China aprobó licencias temporales de exportación a proveedores de tierras raras de los principales fabricantes de automóviles estadounidenses, según informó Reuters el viernes, citando a fuentes no identificadas al tanto del asunto. No está claro qué materiales están cubiertos por las licencias y, al menos algunas, son válidas durante seis meses, según Reuters.
Winklevoss Twins’ Gemini Makes Confidential SEC Filing for IPO

20 hours ago | bloomberg.com | Kirk Ogunrinde

Cameron Winklevoss, co-founder and president of Gemini Trust Co., left, and Tyler Winklevoss, co-founder and chief executive officer of Gemini Trust Co.(Bloomberg) -- Gemini, a cryptocurrency exchange platform backed by the billionaire Winklevoss twins, has filed to go public on the heels of the frenzied debut by stablecoin issuer Circle Internet Group Inc. Gemini made its plans known to regulators through a confidential filing with the US Securities and Exchange Commission.
Musk’s X Selects Polymarket as Prediction Market Partner

21 hours ago | bloomberg.com | Kirk Ogunrinde

Teaming up with Polymarket could advance Musk’s goal of transforming X into an “everything app” that combines social media and payments. (Bloomberg) -- Elon Musk’s X and the cryptocurrency-based predictions market platform Polymarket are partnering to provide data-drive insights and recommendations derived from posts on the social media site to the predictions platform. Terms of the agreement weren’t disclosed.
Trump Signs Order to Boost Drone Security Before World Cup

21 hours ago | bloomberg.com | Allyson Versprille |Hadriana Lowenkron

A drone flies over a neighborhood in Houston, Texas. (Bloomberg) -- President Donald Trump signed executive orders Friday to bolster US drone capabilities, including strengthening counter-drone tools ahead of major sporting events such as the 2026 FIFA World Cup and the 2028 Summer Olympics that will be hosted in the country.
Fed Appoints Michael Horowitz as New Inspector General

22 hours ago | bloomberg.com | Reade Pickert

Department of Justice Inspector General Michael Horowitz(Bloomberg) -- The US central bank appointed Michael E. Horowitz to head the Federal Reserve Board’s Office of Inspector General starting June 30. He will also serve in that role for the Consumer Financial Protection Bureau. “The OIG is tasked with making recommendations to improve the efficiency and effectiveness of the agencies, as well as preventing and detecting waste, fraud, and abuse,” according to a statement from the Fed Friday.
Warburg Pincus-Backed Solar Mosaic Files for Bankruptcy

23 hours ago | bloomberg.com | Mark Chediak

Solar panels on the roofs of homes in Tucson, Arizona, US, on Thursday, May 22, 2025. The House has passed a bill that would gut key clean-energy tax incentives, but Senate Republicans say they will make changes to the bill, including softening aggressive phaseouts of tax credits for clean electricity production.
Boeing Set to Restart Jet Handovers to China Amid Trade Spat

23 hours ago | bloomberg.com | Julie Johnsson |Danny Lee

A Boeing airplane delivered at Boeing Zhoushan 737 Completion and Delivery Center in Zhoushan, China. (Bloomberg) -- Boeing Co. has begun shipping commercial jets to China for the first time since early April, indicating a reopening of trade flows amid the long-simmering tariff war between the US and Asia’s biggest economy. A Boeing 737 Max registered N230BE took off for Hawaii on Friday morning, according to Flightradar24 flight data.
South African Lawmakers Agree Schedule to Process Third Budget

23 hours ago | bloomberg.com | Paul Vecchiatto |Michael Cohen

South African lawmakers will spend the coming weeks processing Finance Minister Enoch Godongwana’s third draft of the national budget after a dispute within the coalition government over taxes saw two previous versions scrapped. The tussle over the proposal raised concern among investors that the so-called government of national unity may unravel and that state services will be disrupted if it isn’t passed by a July 31 deadline.
Tax-Hike Pressures to Follow UK Spending Review, Economists Say

1 day ago | bloomberg.com | Philip Aldrick |Tom Rees

Rachel Reeves(Bloomberg) -- UK Chancellor of the Exchequer Rachel Reeves is increasingly likely to have to raise taxes later this year as weak growth, higher borrowing costs and top-ups for public services put her fiscal rules at risk, economists warned.
China Approves Rare Earth Exports to US Carmakers, Reuters Says

1 day ago | bloomberg.com | Ryan Beene

(Bloomberg) -- China has approved temporary export licenses to rare-earth suppliers of the top US automakers, Reuters reported on Friday, citing unidentified people familiar with the matter. It’s unclear what materials are covered by the licenses and at least some are valid for six months, Reuters said. China’s restrictions on exports of rare earths, the dominant source of the materials, pose risks to global automakers’ supply chains.