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Speaker 1: News when you want it with Bloomberg News Now. I

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Speaker 1: made Kaleigi, Iran says the first formal talks with the

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Speaker 1: Trump administration over its nuclear program were constructive, with both

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Speaker 1: sides agreeing to meet again next week. The two sides

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Speaker 1: discussed Iran's nuclear program and the lifting of sanctions in

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Speaker 1: a constructive atmosphere and with mutual respect. The Iranian Foreign

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Speaker 1: Ministry said this in a statement after indirect talks, which

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Speaker 1: lasted for more than two hours. In a statement, the

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Speaker 1: White House labeled Saturday's talks as a step forward. Israel

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Speaker 1: Defense Forces completed the Morag Corridor, a new route separating

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Speaker 1: Gaza's southern Raffa Governate from the rest of the strip.

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Speaker 1: As Defense Minister Israel Katz said, intensive IDF activity will

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Speaker 1: soon expand into most of Gaza. The completion of the corridor,

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Speaker 1: announced by the IDF on Saturday, completely encircles Rafa in

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Speaker 1: southern Gaza and makes the entire area between the Philadelphia

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Speaker 1: Corridor and Marag part of the Israeli security zone. The

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Speaker 1: defense chief said more evacuations are underway as Israeli expands

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Speaker 1: its combat zone. Buyout firm KKR is said to be

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Speaker 1: nearing a deal to buy post trade services firm Austra.

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Speaker 1: We get more on this from Bloomberg's Denise Pellegrini.

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Speaker 2: Sources say KKAR is nearing a deal to buy Astra

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Speaker 2: for about three billion dollars, and that shows that tariff

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Speaker 2: resilient companies can still be sold. The New York based

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Speaker 2: firm is in advanced talks to buy Austra, a joint

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Speaker 2: venture controlled by CME Group in SNP Global, after beating

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Speaker 2: out other suitors. According to sources, a deal could be

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Speaker 2: announced as early as next week. Several private equity firms,

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Speaker 2: including GTCR, Advent International and CVC Capital Partners, were pursuing Austra,

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Speaker 2: which conducts post trade services in the foreign exchange and

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Speaker 2: derivative markets. The sources say the KKR Astra talks are

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Speaker 2: ongoing and could still fall apart. Denise Pellegrine Bloomberg Radio.

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Speaker 1: President Trump promised his Swiss counterpart to look again at

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Speaker 1: Levy's inflicted on her country, just hours before he suspended

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Speaker 1: Much of his tariff onslaught on the world pledged by

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Speaker 1: the US President was relayed by Karen Keller Sutter, head

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Speaker 1: of State and Finance Minister of Switzerland in an interview

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Speaker 1: with Bloomberg Television.

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Speaker 3: That's, of course, we are unhappy about thirty one percent,

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Speaker 3: which is huge, and so we would like to talk

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Speaker 3: about how in fact we can come back to a

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Speaker 3: normal basis of tariffs together. And we both agreed that

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Speaker 3: we have to find a solution. So, as I said,

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Speaker 3: it was very constructive. We both agreed to really find

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Speaker 3: a solution, and he promised to look at the situation

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Speaker 3: and then we would have a dialogue again.

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Speaker 1: Karen Keller Sutter, head of State and Finance Minister of Switzerland.

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Speaker 1: A big week for the US equity market, with the

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Speaker 1: S and P five hundred index having its best week

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Speaker 1: since November twenty twenty three. We get more from Bloomberg's

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Speaker 1: Charlie Pellett.

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Speaker 4: For the week, the S and P five hundred index

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Speaker 4: was up five point seven percent. Stocks rebounded Friday, with

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Speaker 4: the SMP jumping one point eight percent on a report

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Speaker 4: that the Federal Reserve nerv is ready to help stabilize markets.

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Speaker 4: Walter Todd is, chief investment officer at Greenwood Capital.

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Speaker 5: Certainly feels better when you get these rallies, but I

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Speaker 5: would just note that you know, a nine percent rally

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Speaker 5: that we had on Wednesday from the terrafaws, that's not

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Speaker 5: the sign of a healthy market, even though it feels good.

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Speaker 4: This week, the Dow Jones Industrial Average was up five percent.

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Speaker 4: Nasdaq was up seven point three percent. In New York,

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Speaker 4: Charlie Bloomberg Radio, we're.

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Speaker 1: Learning more about the far side of the Moon. Bloomberg's

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Speaker 1: Amy Morris reports.

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Speaker 6: Soil and rocks returned from the Moon's far side suggested

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Speaker 6: may be drier than the side that constantly faces Earth.

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Speaker 6: Chinese scientists reported the findings, but they caution more samples

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Speaker 6: or needed for a clearer picture. China became the first

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Speaker 6: country to return samples from the Moon's far side last year,

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Speaker 6: volcanic rock and dirt from an ancient impact basin. Researchers

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Speaker 6: used electron microscopes to analyze the samples, and they found

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Speaker 6: that the driest desert on Earth has a thousand times

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Speaker 6: more water than the far side of the lunar service

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Speaker 6: Amy Moore as Bloomberg Radio.

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Speaker 1: After three rounds of the Masters at Augusta, Rory McElroy

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Speaker 1: is at twelve under and he will enter Sunday's final

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Speaker 1: round with a two shot lead. Join us for a

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Speaker 1: special weekend edition of Bloomberg Surveillance. On Sunday, Jonathan Farrow

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Speaker 1: and Lisa Abramowitz will take you through the market turmoil

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Speaker 1: and what's ahead for the trading week. It all starts

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Speaker 1: six pm Eastern Sunday on Bloomberg Radio, Bloomberg Television, and

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Speaker 1: the Bloomberg Podcasts page on YouTube. That's news when you

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Speaker 1: wanted with Bloomberg News. Now, I'm Mad Kleggi. This is

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Speaker 1: Bloomberg