Amber Choudhury

British Brothers Worth $9 Billion Quit UK as Wealth Exodus Grows Two of Britain’s richest real estate investors have ditched the UK as their home territory, the latest departures among the country’s elite as the nation hits wealthy residents with tax hikes.

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McKinsey Promotes 56 to Senior Partner — Only 6 Are Women McKinsey & Co.’s latest crop of 56 senior partners includes only six women, creating angst inside the consulting firm after it pledged to prioritize diversity while other blue-chip employers backt...

Our latest on McKinsey 👇https://www.bloomberg.com/news/articles/2025-04-10/mckinsey-promotes-56-to-senior-partner-only-6-are-women?embedded-checkout=true

Bonsai Thefts Sweep Japan as Miniature Trees Grow More Popular The plants are prime targets because they’re pricey and portable.

Thefts of bonsai are on the rise across Japan, as the miniature trees — some of which take decades to cultivate — have grown in popularity around the world.

HSBC Places Some Bankers on Short-Term Retention Amid Overhaul HSBC Holdings Plc is placing some of its investment bankers on short-term retention agreements as it winds down various businesses in a broad overhaul led by new Chief Executive Officer Georges Elhede...

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She Lobbied for Formaldehyde. Now She’s at E.P.A. Approving New Chemicals. Lynn Dekleva, who recently took a senior role at the agency, once led an aggressive effort by industry to block regulations on formaldehyde.

Lynn Dekleva, a lobbyist, once led an aggressive effort by an industry group to block regulations on formaldehyde, a cancer-causing chemical. Now she’s in a senior role at the Environmental Protection Agency.

Foxtons Staff Faced Groping and Slurs at London Property Broker Foxtons is often seen as an entry point for aspiring real estate agents. Junior employees described unwanted touching, drunk-driving — and senior staff who either ignored inappropriate behavior or wer...

This story is based on interviews with more than 20 former /current Foxtons employees, as well as legal and employment records, emails, screenshots and other docs. Thttps://www.bloomberg.com/news/features/2025-02-25/foxtons-staff-allege-sex-harassment-racism-drunk-driving-at-london-firm-foxt

Foxtons Staff Faced Groping and Slurs at London Property Broker Foxtons is often seen as an entry point for aspiring real estate agents. Junior employees described unwanted touching, drunk-driving — and senior staff who either ignored inappropriate behavior or wer...

This story is based on intvws with more than 20 former and current Foxtons employees, as well as legal and employment records, emails, screenshots and other documentation. Thttps://www.bloomberg.com/news/features/2025-02-25/foxtons-staff-allege-sex-harassment-racism-drunk-driving-at-london-firm-foxt

Trump Directs CFIUS to Restrict Chinese Investments in US President Donald Trump is directing the Committee on Foreign Investment in the United States to restrict Chinese spending on technology, energy and other strategic US sectors, his administration’s lat...

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Delta Offers $30,000 to Passengers on Plane That Crashed in Toronto The airline said it told the 76 passengers who had been on the plane, which crashed and flipped over on Monday, that the offer came with “no strings attached.”

Delta Air Lines said it was offering $30,000 to each passenger aboard the flight from Minneapolis that crashed and flipped upside down this week while trying to land in Toronto.

UBS’ Khan Tackles High-Stakes Asia Assignment in Race to CEO In his first five months running UBS Group AG’s business in Asia, Iqbal Khan dialed into hundreds of client meetings, made time for face-to-face sessions from Shanghai to Sydney, checked out a Grand P...

🔥 JUSTIN: Read our latest on the UBS financier Iqbal Khan who is one of a handful of candidates to replace top boss Sergio Ermotti in around two years time 👇🏼👇🏼
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It’s ‘Virtually Certain’ the World Has Already Breached 1.5C Two new studies reveal that last year’s record heat is a sign that burning fossil fuels has already pushed the climate past a key threshold.

The world's first year above 1.5C is a sign it's "virtually certain" we're entering a 20-year period where the planet breaches that threshold

Ken Moelis Gets $25 Million Bonus to Stay at Investment Bank Ken Moelis, chief executive officer and founder of Moelis & Co., was offered a $25 million retention bonus to stay at the investment bank for the next four years, the latest effort by a Wall Stree...

The retention bonus helps stave off questions around the retirement of Moelis, 66, from the investment bank he founded in 2007. The CEO has grown the firm, which went public in 2014, to reach a market capitalization of nearly $6 billion.
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Data Hoarders Are Rushing to Save Vanishing US Health Records Computer science professor Niema Moshiri was watching TV last Thursday evening when his phone lit up with frantic messages from a virologist in Canada. The warning was urgent: back up the US Centers f...

Government agencies’ moves to comply with Donald Trump’s executive orders have sparked feverish efforts to archive US government data in online repositories like the Internet Archive.

McKinsey Partners Question China Presence as US Tensions Mount McKinsey & Co. partners have been questioning the consulting giant’s presence in China, worried that doing business there may not be worth the risks given the Asian superpower’s increasingly volat...

Our latest on McKinsey and questions raised by some of its partners on whether it's worth keeping a sizeable presence in China amid an unpredictable relationship with the US...
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The lender generated more than 1 billion euros in after tax profits from its Russian business in the first three quarters of last year.

BREAKING: Austria’s Raiffeisen Bank has been making money from firms supplying Putin’s military, Bloomberg News reports citing documents.

Same-Sex Marriage Win Opens Up ‘Rainbow Tourism’ in Thailand With first-mover advantage in Southeast Asia, Thailand could reap a windfall from its push for equal marital rights.

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Trump’s announcement of an “External Revenue Service” signals his intent to follow through on trade threats towards China.

We're answering questions about the foreign policy implications of Trump’s second term.
🎧 Tune in on January 17 at 3 p.m. HKT: bloom.bg/politicsLiveQA

China Discusses Sale of TikTok US to Musk as One Possible Option Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according...

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Keir Starmer met ousted Awami League figure last month UK Labour party has long ties with ‘Kennedys of Bangladesh’ despite former regime’s alleged corruption and violence

UK PM Keir Starmer met a senior figure of Bangladesh's toppled ruling party in December as pressure grows on his UK City Minister to resign.

🎙️Trump’s obsession with Canada’s border and the Panama Canal could risk US ties with its closest neighbors.

In this Live Q&A series, we're answering questions about Trump’s return to power and its foreign policy implications.
🔜 bloom.bg/politicsLiveQA

Singapore, Malaysia to Finalize Deal Creating Vast Economic Zone The leaders of Malaysia and Singapore formalized an agreement establishing a special economic zone linking their two nations’ border region, with the aim of attracting 50 projects in the first five ye...

LATEST: Singapore and Malaysia establish a special economic zone spanning 3,500 square kilometers. Here's what it means for the region

UK Minister Under Scrutiny Over Ties to Former Bangladeshi PM UK City Minister Tulip Siddiq is coming under growing scrutiny after reports she was given a central London property by a developer associated with Bangladesh’s former government.

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Siddiq is also the niece of ex-Bangladeshi PM Sheikh Hasina, who fled the country last year. The allegations are also uncomfortable for the British government because her role as city minister includes responsibility for tackling financial corruption.

Woman Dies After Being Set on Fire in Subway Car, Police Say The police said a man was taken into custody. The victim had been seated in a subway car at the Coney Island-Stillwell Avenue station on Sunday morning when a man approached and set her on fire.

The police took a man into custody on Sunday in connection with the death of a woman who was set on fire on a subway earlier in the day in Brooklyn, the police said.

Ex-Citigroup Trader Wins Unfair Dismissal Case in Hong Kong An Asia equity sales trader who was fired from Citigroup Inc. in 2019 won an employment suit against the US bank, Hong Kong’s Labour Tribunal ruled on Monday.

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SoftBank Pledges $100 Billion US Investment at Trump Event President-elect Donald Trump announced that SoftBank Group Corp. planned to invest $100 billion in the US over the next four years during an event alongside Chief Executive Officer Masayoshi Son on Mo...

The #SoftBank news immediately prompted the question of where it will get the capital for the pledge. During Trump’s last term, Son was raising his $100 billion Vision Fund with money from outside investors and poured the cash into #WeWork, #Uber and #DoorDash. 
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Wisconsin School Shooting Live Updates: Madison Police Seek Motive in Abundant Life Killings The shooter was 15 and a student at the school, the police said. Her motive was not yet known, nor was it clear whether she had targeted the teenage student and a teacher who were killed. At least six...

The suspect in the Madison, Wisconsin, school shooting was a 15-year-old female student who fatally shot herself after killing at least two people, the police said. Officers responded after second grade student called 911 to report a shooting, the authorities said. nyti.ms/4gH9cUV

The Original Rogue Trader’s Lament: Compliance Is Still an Afterthought Nick Leeson infamously brought down Barings Bank. He has thoughts to share.

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Are Those Drones Over New Jersey? Sightings Mount, and Still No Answers. Though officials say that the sightings pose no threat to the public, they have yet to provide any concrete information about the origin of the flying objects.

Dozens of reported drone sightings in the skies above New Jersey have concerned lawmakers and local officials and left them searching for answers. The FBI is “actively investigating” the sightings.

It is also a sensitive issue for locals, because Singapore has granted citizenship to wealthy migrants who are paying large sums for private properties.