Pro-democracy candidates take more than half of seats in Hong Kong’s local council elections amid record voter turnout, UK prime minister Boris Johnson launches a low-risk Conservative manifesto and Michael Bloomberg officially announces he is running for US president. Plus, LVMH is set to buy Tiffany & Co for $16.7bn. The FT’s Eric Platt breaks down the latest offer. See acast.com/privacy for privacy and opt-out information.