Lew, Germans Say ‘Bremain’; Trump Back to Form: Saturday Wrap

  • IMF official warns China on danger of mounting corporate debt
  • New Yorkers up all night get surprise from solar-powered plane

Here are highlights of Saturday’s top breaking stories from around the world:

U.S. Treasury Secretary Jacob J. Lew, in an interview with CNN to be broadcast Sunday, was somewhat more strident than in other recent comments about the economic implications of a vote in the U.K. to leave the European Union. The latest Opinium poll for the Observer newspaper had it 44 percent to 42 percent in favor of remaining. The German news magazine Der Spiegel devoted an issue to pleading with U.K. voters to stay, while the research chief for Scandinavia’s largest bank said investors need to prepare for “Bremain” as well as an exit.

A top IMF official warned China that it needed to reduce corporate debt or risk “dangerous detours” in its economic transformation.

U.S. presumptive presidential nominee Donald Trump ditched the teleprompter and was his old self at a pair of rallies, lashing out at 2012 Republican nominee Mitt Romney as a “choker” and saying it was time for Republicans to come together because they have the better ideas -- only not as good as his.

Wal-Mart Stores will stop accepting Visa cards in Canada because the fees are too high and no agreement could be reached on lowering them.

Brazil’s acting president, Michel Temer, said he found the state of the country’s fiscal accounts in even worse shape than he imagined when he assumed his role a month ago after the suspension of President Dilma Rousseff.

Planemaker Airbus is collaborating with Larry Ellison’s Oracle yacht crew as it begins its defense of the America’s Cup.

The solar-powered plane in the midst of an around-the-world tour enthralled the City That Never Sleeps with a pre-dawn flyby of the Statue of Liberty.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE