Israel reopens Gaza food sales as Rafah raid chokes aid

Good Morning,

Flybuys saying goodbye after nearly three decades, ‘Hong Kong 47’ trial: 14 democrats found guilty in landmark subversion case, Red Bull Strikes UK Football Deal with Leeds United FC Stake, Oil Slips Ahead of OPEC+ Meeting and US Inventories Report and Exclusive: Tesla makes push to roll out advanced FSD self-driving in China.

Let's jump in.

Before The Bell

Markets

• Markets increasingly expect next interest rate move will be up (AFR)

• US economic growth revised lower for first quarter; jobless claims edge up (RT)

• ‘Bond-Friendly’ Economic Data Drive US Yields Down: Markets Wrap (BBG)

• Oil Slips Ahead of OPEC+ Meeting and US Inventories Report (BBG)

News Summary

• Nearly 200 police staff to lose jobs, as Government demands savings (Stuff)

• Flybuys saying goodbye after nearly three decades (Stuff)

• BHP turns inward after $75b Anglo rebuff (AFR)

• Jon Adgemis strikes $400m refinancing deal to save pub empire (AFR)

• Magistrate to decide if alleged Kidman insider trader faces trial (AFR)

• Budget 2024: all you need to know (NBR)

• Profits stabilise despite revenue fall at MediaWorks; hope ensues (NBR)

• Exclusive: Israel reopens Gaza food sales as Rafah raid chokes aid (RT)

• South Africa election: ANC seen losing majority, DA and Zuma's party perform well (RT)

• ‘Hong Kong 47’ trial: 14 democrats found guilty in landmark subversion case (RT)

• Exclusive: Tesla makes push to roll out advanced FSD self-driving in China (RT)

• Boeing to detail quality, training improvements in FAA meeting, sources say (RT)

• Fidelity won't levy proposed fees on purchases from boutique ETF firms, sources say (RT)

• UK Banknote-Printer De la Rue Is Moving Closer to a Breakup (BBG)

• Red Bull Strikes UK Football Deal with Leeds United FC Stake (BBG)

• Kohl’s Plunges After Picky Consumers Look Elsewhere for Value (BBG)

• Dell Escapes Nvidia’s Shadow as Its Own AI Tailwinds Accelerate (BBG)

Deal Flow

Investments / M&A

• Mystery party not proceeding with Comvita offer (NBR)

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