Bloomberg Daybreak

Germany’s negative power prices are heading for their first annual decline in four years, as stronger electricity demand and changes to renewable-energy support curb periods of oversupply.

KKR & Co.-backed Advanta Enterprises Ltd. has begun investor meetings for a proposed initial public offering in India that could raise as much as $400 million, according to people familiar with the matter.

European stocks closed steady on Monday, ceding their earlier gains after 10-year Treasury yields climbed above 5.25%.

Anna Edwards, Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)

Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)

TotalEnergies SE will return billions of dollars more to investors as the oil and gas giant rides a wave of growing production and high fuel prices.

Spar Group Ltd. plans to announce a new chair and additional independent directors by early November as South Africa’s second-largest grocer by revenue pushes ahead with a turnaround that’s yet to deliver a meaningful improvement in earnings.

Warburg Pincus CEO, Jeffrey Perlman, says Japan is undergoing structural changes that are making the country more attractive to global private equity firms. He spoke exclusively on Bloomberg's Insight with Haslinda Amin about the opportunities emerging in the Japanese market. (Source: Bloomberg)

Jacco van der Linden, APAC President at Heineken, says rising fuel costs triggered by the Iran war are pushing up Heineken’s brewing costs in Asia. He also discussed growth opportunities in the region on Bloomberg's "Insight with Haslinda Amin." (Source: Bloomberg)

The UK grid operator warned that electricity supplies may be tight Monday evening before a spike in wind power brings relief to the system overnight.

Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)

European natural gas followed oil higher as traders awaited next steps in efforts to revive shipping through the Strait of Hormuz.

Metrics Credit Partners, a major Australian private debt firm, reduced the value of assets across three listed funds by about A$169 million ($119 million) and halted trading of the vehicles.

Singaporean state-owned investor Temasek Holdings has acquired a 9% stake in the management company of Italian private equity firm FSI for an undisclosed amount, according to a joint statement. It will also invest in the firm’s future funds.

Rising global bond yields are fueling skepticism about Europe’s equity rally, as investors worry that fiscal and inflation risks are causing cracks in what has so far been a resilient economy.

Godrej Properties Ltd. has signed an agreement to develop a $625 million sea-facing residential project in Mumbai’s upscale Marine Lines neighborhood, underscoring sustained demand for luxury real estate in India.

The direction of capital flows in the Middle East is changing with the US-Iran war making the shift more visible. For decades, the Gulf's relationship with Wall Street was largely defined by capital flowing out and being deployed everywhere. This continues but now the Gulf is also becoming an increasingly important target for global investment. BlackRock Investment Institute Chief Middle East and APAC Investment Strategist Ben Powell spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on the flow of investments in & out of the region. (Source: Bloomberg)

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)

South Korea’s three-year yield rose to the highest level since November 2022 as the local bond market reopened after holidays, joining a global selloff as elevated oil prices stoked concern over inflation.