Bloomberg Markets :press:

Breaking news and analysis on global financial markets

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Last Notes

2024-11-07 19:23:41

Federal Reserve Cuts Interest Rates by a Quarter Point
The Federal Reserve cut its benchmark lending rate by a quarter percentage point to a range of 4.5% to 4.75%. The vote was unanimous. Bloomberg's Michael McKee reports. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-11-07/federal-reserve-cuts-interest-rates-by-a-quarter-point-video?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iVcKx4E5kBNs/v3/1200x-1.jpg

2024-11-07 09:21:58

Europe’s Dark, Windless Days Show Risk of Its Renewables Rollout
Europe’s power prices soared to levels last seen during the energy crisis this week. Only it wasn’t a war or other geopolitical events that caused it, but the dark, windless weather that is all too common during winter. #press
https://www.bloomberg.com/news/articles/2024-11-07/europe-s-dark-windless-days-show-risk-of-its-renewables-rollout?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iLhnBW6GN6uU/v0/1200x-1.png

2024-11-06 15:33:08

Hedge Funds Ride Red Wave With All-Hands-on-Deck Plans
Hedge funds staffed up for Election Night volatility and put on hedges and assumed risk-off positions until the outlines of President-elect Donald Trump's victory became clear, Hema Parmar says on "Bloomberg Open Interest." (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-11-06/hedge-funds-ride-red-wave-with-all-hands-on-deck-plans-video?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iyOnQ8BNPkSY/v3/1200x-1.jpg

2024-11-04 09:36:47

Goldman More Upbeat on South Africa Than Its Finance Minister
Goldman Sachs Group Inc believes South Africa is unlikely to suffer the large revenue shortfall projected by its finance minister and that the nation’s path for fiscal consolidation remains credible. #press
https://www.bloomberg.com/news/articles/2024-11-04/goldman-more-upbeat-on-south-africa-than-its-finance-minister?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iK19EBK5CM9g/v1/1200x-1.jpg

2024-11-01 20:03:37

Citi Expects 50 Point Fed Cut in December
Citi Research US Economist Veronica Clark expects the Federal Reserve to cut interest rates by 50 basis points at the December meeting. She is on "Bloomberg The Close." (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-11-01/citi-expects-50-point-fed-cut-in-december-video?utm_source=press.coop

2024-10-24 04:55:02

Man Group Most Positive Toward Asia Ever
Andrew Swan, Head of Asia Ex-Japan Equities at Man Group, says a global policy pivot is turning headwinds for growth in corporate profitability in Asia into potential tailwinds. He also explains why he prefers Chinese over Indian stocks. Swan speaks with Yvonne Man and Stephen Engle on "Bloomberg: The China Show." (Source:... #press
https://www.bloomberg.com/news/videos/2024-10-24/man-group-most-positive-toward-asia-ever-video?utm_source=press.coop

2024-10-24 03:55:51

Chinese Money To Boost HK Wealth Management Industry
A report from Bloomberg Intelligence forecasts stellar growth in Hong Kong's wealth management industry, with private assets under management almost doubling to $2.3 trillion by 2030. It also sees the Asian financial hub overtaking Switzerland as the world’s top cross-border wealth center as soon as next... #press
https://www.bloomberg.com/news/videos/2024-10-24/chinese-money-to-boost-hk-wealth-management-industry-video?utm_source=press.coop

2024-10-22 19:05:14

CFTC to Police Electing-Betting Platforms, Chair Behnam Says
The US Commodity Futures Trading Commission will police registered political derivatives markets despite its best efforts to kill them, agency Chairman Rostin Behnam said during a Tuesday interview with Bloomberg Television. #press
https://www.bloomberg.com/news/articles/2024-10-22/cftc-to-police-bet-platforms-but-would-rather-not-chair-says?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iw9MzKL4hw9Q/v1/1200x-1.jpg

2024-10-22 11:03:59

Emerging-Market Debt Joins Global Selloff on Slower US Easing Bets
Developing-world bonds weakened along with stocks on Tuesday as investors weigh the prospect of slower US interest-rate cuts, pushing US yields higher. #press
https://www.bloomberg.com/news/articles/2024-10-22/emerging-market-debt-joins-global-selloff-on-slower-easing-bets?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iGq0iF7ZfK4E/v2/1200x-1.png

2024-10-18 13:00:43

Cerberus, Intrum Said Near Deal to Buy €2 Billion of Hoist Loans
Cerberus Capital Management LP and Intrum AB are nearing a deal to buy Spanish bad loans with a face value of around €2 billion ($2.2 billion) from Hoist Finance AB, according to people familiar with the matter. #press
https://www.bloomberg.com/news/articles/2024-10-18/cerberus-intrum-said-near-deal-to-buy-2-billion-of-hoist-loans?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i72Zvn8DH2J0/v0/1200x-1.jpg

2024-10-18 11:55:32

SLB Warns Cautious Oil Explorers Have Slowed Growth in Spending
SLB, the world’s biggest oilfield services provider, warned that spending growth by oil explorers has waned in the past few months as customers take a cautious approach amid lower commodity prices. #press
https://www.bloomberg.com/news/articles/2024-10-18/slb-warns-cautious-oil-explorers-have-slowed-growth-in-spending?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/it.mLzDDr_o0/v1/1200x-1.jpg

2024-10-18 09:57:11

India's Ambition to Turbocharge Economy Puts Spotlight on Financing Boom: India Credit Forum #press
https://www.bloomberg.com/news/live-blog/2024-10-18/bloomberg-s-india-credit-forum?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i28ZdFX4cy0k/v1/1200x-1.jpg

2024-10-18 09:47:08

Europe’s Grim Earnings Show Why Stock Investors Prefer the US
A flurry of profit warnings issued by Europe’s biggest companies — in sharp contrast with an upbeat start to the US earnings season — show why the region’s equity markets will likely continue to trail Wall Street. #press
https://www.bloomberg.com/news/articles/2024-10-18/europe-s-grim-earnings-show-why-stock-investors-prefer-the-us?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i.er1vMrc9wA/v1/1200x-1.jpg

2024-10-18 09:43:08

Robotaxi Flop Leaves Tesla’s Lofty Stock Multiple Looking Shaky
Tesla Inc.’s reveal of its much-hyped self-driving car last week left investors underwhelmed and sent shares plunging. The disappointment also left the Street questioning the shares’ premium valuation. #press
https://www.bloomberg.com/news/articles/2024-10-18/robotaxi-flop-leaves-tesla-s-lofty-stock-multiple-looking-shaky?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/irgy71JaMB5M/v0/1200x-1.jpg

2024-10-18 09:33:08

Former Freepoint Top Gas Trader Plans His Own Hedge Fund
Freddie Sizer, a former head of European physical gas trading at Freepoint Commodities LLC, has started to raise money for a new hedge fund that will seek to profit from increasing price swings in the region’s energy markets. #press
https://www.bloomberg.com/news/articles/2024-10-18/former-freepoint-top-gas-trader-plans-his-own-hedge-fund?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iSQwS1bsMpgU/v0/1200x-1.jpg

2024-10-18 08:29:56

Indian City in Modi’s Home State Weighs $200 Million Green Bond
An Indian city in Prime Minister Narendra Modi’s home state of Gujarat is mulling its first green muni bond, with proceeds from the sale to be used for funding a range of projects aimed at reducing carbon emissions. #press
https://www.bloomberg.com/news/articles/2024-10-18/indian-city-in-modi-s-home-state-mulls-200-million-green-bond?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i4QpwCaGaz4E/v1/1200x-1.jpg

2024-10-18 08:23:55

Euro Parity Threat Returns on Talk of Trump Tariffs and ECB Cuts
The risk of the euro sliding to parity with the dollar is mounting in financial markets after this week’s interest-rate cut and stark reminder that a Donald Trump presidency could spark a global trade war. #press
https://www.bloomberg.com/news/articles/2024-10-18/euro-parity-threat-returns-on-talk-of-trump-tariffs-and-ecb-cuts?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iveB6x_bx.qY/v0/1200x-1.png

2024-10-18 08:19:54

Zimbabwe Treasury Secretary Rules Out Exchange-Rate Convergence
Zimbabwe won’t allow the street rate of the ZiG to determine where its official rate should be as it isn’t driven by market fundamentals, a senior Treasury official said. #press
https://www.bloomberg.com/news/articles/2024-10-17/-zwg-usd-zimbabwe-treasury-rules-out-zig-exchange-rate-convergence?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/icslkMJAHnSI/v1/1200x-1.jpg

2024-10-18 07:30:49

Bridgewater’s China Hedge Fund Adds Local Stocks After 31% Gain
Bridgewater Associates’ onshore China hedge fund was adding exposure to local stocks after a rally last month boosted the fund’s returns to 31% for the year, saying valuations remained attractive. #press
https://www.bloomberg.com/news/articles/2024-10-18/bridgewater-s-china-hedge-fund-adds-local-stocks-after-31-gain?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i20mSbIo927o/v1/1200x-1.jpg

2024-10-18 06:23:33

Ethiopia to Raise $255 Million in African Nation’s Maiden IPO
Ethiopia is seeking to raise 30 billion birr ($255 million) selling shares in a state-run wireless company, making it the nation’s first initial public offering, and paving the way to start a stock exchange. Brook Taye, Ethiopian Investment Holdings CEO speaks with Joumanna Bercetche and Jennifer... #press
https://www.bloomberg.com/news/videos/2024-10-18/ethiopia-to-raise-255-million-in-maiden-ipo-video?utm_source=press.coop

2024-10-18 06:13:34

Bloomberg: The China Show 10/18/2024
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-10-18/bloomberg-the-china-show-10-18-2024?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iYsEMbrSIs4o/v3/1200x-1.jpg

2024-10-18 05:36:29

Bloomberg Markets: Asia 10/18/2024
Bloomberg Markets: Asia" is the definitive guide to the markets in Hong Kong and on the mainland. Haslinda Amin brings you the latest news and analysis to get you ready for the trading day. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-10-18/bloomberg-markets-asia-10-18-2024-video?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/il8wO8HTkuLg/v3/1200x-1.jpg

2024-10-15 02:44:33

Chinese Stocks See Choppy Trade as Investors Debate Next Move
Chinese stocks fluctuated in early trading Tuesday amid growing debate over how far the rally can go. #press
https://www.bloomberg.com/news/articles/2024-10-15/chinese-stocks-see-choppy-trade-as-investors-debate-next-move?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iQ984B1Mr1sU/v2/1200x-1.png

2024-10-13 08:01:31

UK Gas Production Is Declining Faster Than Expected, Lobby Warns
Britain’s natural gas output is declining faster than expected and leading to greater reliance on imports, according to an industry group seeking government relief to spur investment. #press
https://www.bloomberg.com/news/articles/2024-10-13/uk-gas-production-is-declining-faster-than-expected-lobby-warns?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iqRnIG2_f6LI/v1/1200x-1.jpg

2024-10-11 10:03:01

BlackRock Hits $11.5 Trillion of Assets as Private Markets Grow
BlackRock Inc. pulled in $160 billion of client cash to its long-term investment funds last quarter, pushing the world’s largest money manager to a record $11.5 trillion of assets as it seeks to become a one-stop shop for stocks, bonds and, increasingly, private assets. #press
https://www.bloomberg.com/news/articles/2024-10-11/blackrock-hits-11-5-trillion-of-assets-as-private-markets-grow?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iGAhmqpzF4RI/v0/1200x-1.jpg

2024-10-11 08:43:40

Blackstone Snaps Up a Rare Type of Junior Loan in Hunt for Yield
Blackstone Inc. is buying up a portion of a rare, junior-ranked loan in Europe’s leveraged finance market, as investors look to pick up riskier, higher-yielding debt amid falling interest rates. #press
https://www.bloomberg.com/news/articles/2024-10-11/blackstone-snaps-up-a-rare-type-of-junior-loan-in-hunt-for-yield?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/isGnbfYyLsPc/v1/1200x-1.jpg

2024-10-11 08:41:41

LVMH’s China Blues, Nestle’s Jitters: EMEA Earnings Week Ahead
LVMH Moët Hennessy Louis Vuitton SE probably had another difficult quarter, so the jury might still be out on whether the luxury sector has hit a bottom. The French luxury group is the first of Europe’s majors to report for the three months ended Sept. 30. #press
https://www.bloomberg.com/news/articles/2024-10-11/lvmh-s-china-blues-nestle-s-jitters-emea-earnings-week-ahead?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i2v2fw7.KxdE/v0/1200x-1.jpg

2024-10-11 07:20:28

Porsche’s China Sales Plunge as Electric Taycan Falls Flat
Porsche AG’s sales plummeted in China during the third quarter as a decline in luxury spending and a shift to local electric brands in Asia’s biggest economy weighed on Europe’s high-end carmakers. #press
https://www.bloomberg.com/news/articles/2024-10-11/porsche-s-china-sales-plunge-as-electric-taycan-falls-flat?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/inTPzkY0_77Q/v0/1200x-1.jpg

2024-10-10 03:56:03

Wu Tsai and Parker on What's Next for the WNBA
Candace Parker, President, Adidas Women’s Basketball; Athlete Adviser, Avenue Capital; Founder, Baby Hair Productions and Clara Wu Tsai, Vice Chairman, BSE Global; Governor, New York Liberty speak about the growth of the WNBA and where the league and its players expand next with Bloomberg’s Jason Kelly at the... #press
https://www.bloomberg.com/news/videos/2024-10-10/wu-tsai-and-parker-on-what-s-next-for-the-wnba-video?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iwtpgmzy7Zxk/v3/1200x-1.jpg

2024-10-10 03:45:02

Broker for the Wealthy, Charles Monat, Is Said to Consider Sale of the Business
Charles Monat Associates Ltd., a global life insurance broker for high-net-worth individuals, is exploring a sale of the business amid interest from prospective investors, according to people familiar with the matter. #press
https://www.bloomberg.com/news/articles/2024-10-10/broker-for-the-wealthy-charles-monat-is-said-to-consider-sale-of-the-business?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iudub3uAHIr8/v0/1200x-1.jpg

2024-10-10 03:34:59

YouTube Foundry Music Artist Spotlight
Ali Rivera, Head of Multi-Genre & Live Music, at YouTube speaks about its Foudry music program alongside one of its 2024 artists, singer-songwriter, CeCe. They joined Bloomberg’s Shartia Brantley at Bloomberg Screentime in LA. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-10-10/youtube-foundry-music-artist-spotlight-video?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/icJ5tscjunu0/v3/1200x-1.jpg

2024-10-09 16:23:08

Mexico’s Sheinbaum to Expand Power Over Oil, Electricity Giants
Mexican President Claudia Sheinbaum would gain increased control over Pemex and the national electricity utility under legislation that’s expected to win approval. #press
https://www.bloomberg.com/news/articles/2024-10-09/mexico-s-sheinbaum-to-expand-power-over-oil-electricity-giants?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ie71LzcPXmkA/v1/1200x-1.jpg

2024-10-08 11:57:30

FirstRand Turns More Bullish on South Africa’s Economy, Rand
FirstRand Ltd. has turned more bullish on South Africa’s economy, and now sees a greater chance of economic growth accelerating to 2% and the rand strengthening to below 16 per dollar next year. #press
https://www.bloomberg.com/news/articles/2024-10-08/firstrand-turns-more-bullish-on-south-africa-s-economy-rand?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ivveuvowcFE4/v0/1200x-1.jpg

2024-10-07 09:38:08

Billionaire Solorz Ousts Sons From Polish Utility’s Board
Polish billionaire Zygmunt Solorz ousted his two sons from the supervisory board of utility ZE PAK SA, deepening a family feud over control of his conglomerate which also includes media and telecoms. #press
https://www.bloomberg.com/news/articles/2024-10-07/billionaire-solorz-ousts-sons-from-polish-utility-s-board?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iBkj.IeL95Ig/v0/1200x-1.jpg

2024-10-07 09:22:05

Chevron Sells Oil Sands and Shale Assets to CNR for $6.5 Billion
Chevron Corp. agreed to sell its stakes in oil sands and shale assets to Canadian Natural Resources Ltd. for $6.5 billion. #press
https://www.bloomberg.com/news/articles/2024-10-07/chevron-sells-oil-sands-and-shale-assets-to-cnr-for-6-5-billion?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/imX5aKZjKouQ/v0/1200x-1.jpg

2024-10-01 13:26:21

Unemployment Facing Additional Upward Pressure: Dutta
Neil Dutta, head of US economic research at Renaissance Macro Research, outlines the points of upward pressure he sees on US unemployment for the September and October jobs reports. #press
https://www.bloomberg.com/news/videos/2024-10-01/unemployment-facing-additional-upward-pressure-dutta-video?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ic8d8TZzHhIk/v3/1200x-1.jpg

2024-10-01 13:24:19

Ireland Delivers Giveaway Budget on Corporation Tax Boon
Ireland’s government has delivered a bonanza budget for 2025, handing voters several giveaways, thanks to flush coffers boosted by forecast record corporation tax receipts and Apple Inc back taxes. #press
https://www.bloomberg.com/news/articles/2024-10-01/ireland-delivers-giveaway-budget-on-corporation-tax-boon?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i9iUYfoTNZ5k/v1/1200x-1.jpg

2024-10-01 13:22:20

Aluminum Squeeze Rolls On With Key LME Spread Spiking Again
Pressure in the aluminum market continues to build, as contracts for October delivery on the London Metal Exchange trade at an even higher premium over November in a sign of a mounting squeeze. #press
https://www.bloomberg.com/news/articles/2024-10-01/aluminum-squeeze-rolls-on-with-key-lme-spread-spiking-again?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i4yq0MEAnd1U/v2/1200x-1.png

2024-09-27 11:00:16

Europe’s Lenders Go on AT1 Spree, Unfazed by Regulator Snub
European banks have issued more Additional Tier 1 bonds in a single month than ever before, dashing concerns about the future of the risky bonds following a snub from Australia’s regulator. #press
https://www.bloomberg.com/news/articles/2024-09-27/europe-s-lenders-go-on-at1-spree-unfazed-by-regulator-snub?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iVNU1sAjyV9M/v0/1200x-1.png

2024-09-27 07:37:43

Bets Back on for BOJ Hikes After Ishiba’s LDP Win, Analysts Say
The yen surged in a dramatic turnaround, and Japanese bond futures dropped, after Shigeru Ishiba clinched leadership of Japan’s ruling Liberal Democratic Party. #press
https://www.bloomberg.com/news/articles/2024-09-27/bets-back-on-for-boj-hikes-after-ishiba-s-ldp-win-analysts-say?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iqC0nJO9IuoU/v0/1200x-1.jpg

2024-09-27 07:27:43

Zimbabwe’s Gold-Backed ZiG Weakens Past 14 Per Dollar to Record Low
Zimbabwe’s bullion-backed currency has slid past 14 per dollar, its weakest level on the official market since it started trading five months ago. #press
https://www.bloomberg.com/news/articles/2024-09-27/zimbabwe-gold-backed-zwg-usd-zig-currency-hits-record-low-against-us-dollar?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ixFa_zDzCvyA/v7/1200x-1.jpg

2024-09-26 06:01:37

BASF Seeks Overhaul With Lower Dividend, Focus on Core Units
BASF SE is resetting its strategy, targeting lower dividend payments alongside future share buybacks in the region of €4 billion ($4.5 billion). #press
https://www.bloomberg.com/news/articles/2024-09-26/basf-seeks-overhaul-with-lower-dividend-focus-on-core-units?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/if7zFmYqQcwU/v0/1200x-1.jpg

2024-09-26 00:06:41

Oil Holds Sharp Decline on Signs Libya May Resume Production
Oil steadied after dropping the most in two weeks as Libya’s competing factions reached a “compromise” on appointing new leadership for the OPEC member’s central bank, opening the way to the return of some crude production. #press
https://www.bloomberg.com/news/articles/2024-09-25/latest-oil-market-news-and-analysis-for-sept-26?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ip4ucIGKClCM/v0/1200x-1.jpg

2024-09-24 10:21:41

ECB’s Muller Says October Cut Not Excluded But Data Is Scarce
European Central Bank Governing Council member Madis Muller isn’t “totally” ruling out another interest-rate cut next month but reckons policymakers may lack sufficient data to make definitive judgments on the region’s struggling economy. #press
https://www.bloomberg.com/news/articles/2024-09-24/ecb-s-muller-says-october-cut-not-excluded-but-data-is-scarce?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iLdApTnZWoC8/v0/1200x-1.png

2024-09-24 10:19:41

Deutsche Bank Said to Hire Moelis’ Mazumder for India Dealmaking
Deutsche Bank AG has hired Apurva Mazumder in India as the German lender continues to expand its investment banking business across the Asia Pacific region. #press
https://www.bloomberg.com/news/articles/2024-09-24/deutsche-bank-said-to-hire-moelis-mazumder-for-india-dealmaking?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iSdbBR06GHE4/v0/1200x-1.jpg

2024-09-24 10:17:42

Emerging-Market Stocks Jump as China Stimulus Spurs Risk-On Move
Stock markets in developing nations rose to the highest level in two and a half years as China’s economic stimulus and dovish signals from US Federal Reserve officials fueled positive investor sentiment. #press
https://www.bloomberg.com/news/articles/2024-09-24/emerging-market-stocks-jump-as-china-stimulus-spurs-risk-on-move?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iMiEfHbNDlRY/v2/1200x-1.png

2024-09-19 23:32:19

Five Things You Need to Know to Start Your Day: Asia
Good morning. US stocks hit fresh highs. The Bank of England aims for a gradual approach. Headwinds face a booming private credit market. Here’s what’s moving markets. —Isabelle Lee #press
https://www.bloomberg.com/news/newsletters/2024-09-19/five-things-you-need-to-know-to-start-your-day-asia?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/irkXTdn3Fze0/v1/1200x-1.jpg

2024-09-18 16:49:27

Guinea Ex-Junta Official Who Escaped Jail Is Captured in Liberia
A member of Guinea’s former military junta who escaped from jail in November has been arrested by police in neighboring Liberia, his lawyer said on Wednesday. #press
https://www.bloomberg.com/news/articles/2024-09-18/guinea-ex-junta-official-who-escaped-jail-is-captured-in-liberia?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/isS1tyuoEx4s/v1/1200x-1.jpg

2024-09-18 04:07:18

Malaysia Eyes LNG Imports To Support Energy Needs
Malaysia Minister of Natural Resources and Environmental Sustainability Nik Nazmi Nik Ahmad says it's looking into liquified natural gas imports to support the country's energy needs. He speaks with Haslinda Amin from the sidelines of the 2024 Milken Institute Asia Summit. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-09-18/malaysia-eyes-lng-imports-to-support-energy-needs-video?utm_source=press.coop

2024-09-16 20:23:16

LTK President on the Future of the Creator Economy
LTK founder Amber Venz Box joins Caroline Hyde and Ed Ludlow on the sidelines of LTK's 12th annual conference, bringing together nearly 400 top global creators to discuss the state and future of the industry. She speaks on "Bloomberg Technology." (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-09-16/ltk-president-on-the-future-of-the-creator-economy-video?utm_source=press.coop

2024-09-14 08:12:30

Nippon Steel May Bid for Italy’s Ex-Ilva Plant, Il Sole Reports
Nippon Steel may be interested in buying the troubled Italian steel plant formerly known as Ilva, Il Sole 24 Ore reported on Saturday, without saying where it got the information. #press
https://www.bloomberg.com/news/articles/2024-09-14/nippon-steel-may-bid-for-ex-ilva-plant-il-sole-reports?utm_source=press.coop

2024-09-13 16:43:03

Boeing at Risk of Being Cut to Junk as Strike Hurts Production
Boeing Co. is at risk of losing its investment-grade credit rating at Moody’s as the embattled planemaker faces the prospect of a drawn-out strike by workers that will further disrupt production and cash flow. #press
https://www.bloomberg.com/news/articles/2024-09-13/boeing-at-risk-of-being-cut-to-junk-as-strike-hurts-production?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iDUq6.G0h_8E/v0/1200x-1.jpg

2024-09-12 08:40:55

Foreigners Dump Most Japanese Stocks in Year Last Week Amid Rout
Foreign investors offloaded ¥824 billion ($5.78 billion) of cash Japanese equities last week, their biggest selling on a net basis in almost a year, data from Japan Exchange Group showed. #press
https://www.bloomberg.com/news/articles/2024-09-12/foreigners-dump-most-japanese-stocks-in-year-last-week-amid-rout?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iDJ1eW5qNhN0/v2/1200x-1.png

2024-09-12 06:38:40

Israeli Airstrikes Hit UN School Homes in Gaza
Israeli airstrikes hit UN school and homes in Gaza, killing dozens. Bloomberg News' Dan Williams discusses with Joumanna Bercetche on
Horizons Middle East & Africa. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-09-12/israeli-air-strikes-hit-un-school-homes-in-gaza-video?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iAPw753XAAHw/v3/1200x-1.jpg

2024-09-12 06:38:37

Nigeria’s Top Bank Posts Record Profit on Interest-Rate Surge
Guaranty Trust Holding Co., Nigeria’s biggest bank by market value, posted its biggest first-half profit as income from loans soared on the back of record interest rates. #press
https://www.bloomberg.com/news/articles/2024-09-12/nigeria-s-top-bank-posts-record-profit-on-interest-rate-surge?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iqdAF6ts36QA/v0/1200x-1.png

2024-09-11 16:17:17

Mexican Peso Jumps as Traders Look Past Judicial Overhaul
The Mexican peso led gains among major currencies Wednesday, boosted by global factors and as traders looked past the approval of a controversial overhaul of the nation’s judicial system that’s weighed on the nation’s assets. #press
https://www.bloomberg.com/news/articles/2024-09-11/usd-mxn-mexican-peso-jumps-as-traders-look-past-judicial-overhaul?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/irjBmqzz3bMc/v2/1200x-1.png

2024-09-11 15:28:08

California’s Grid Being Saved by Batteries, PG&E CEO Says
California’s solar-heavy electrical grid has been able to keep the lights on this summer during extreme heat waves in large part because of the rapid battery deployment, the head of the state’s biggest utility said. #press
https://www.bloomberg.com/news/articles/2024-09-11/california-s-grid-being-saved-by-batteries-pg-e-ceo-says?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ice7SUf6RlOk/v1/1200x-1.jpg

2024-09-11 15:26:09

Nestle Cuts Ties With South African Staple Coffee Creamer Brand
Nestlé SA is cutting ties with a coffee creamer brand that is used in a fifth of all cups of instant coffee drunk in South Africa. #press
https://www.bloomberg.com/news/articles/2024-09-11/nestle-cuts-ties-with-south-african-staple-coffee-creamer-brand?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i_VqGnTAplAM/v0/1200x-1.jpg

2024-09-11 14:06:55

Bangladesh Seeks $5 Billion in Emergency Funds from Lenders
Bangladesh has sought $5 billion from major lenders, including the International Monetary Fund, to rebuild foreign exchange reserves, Muhammad Yunus, head of the interim government, said. #press
https://www.bloomberg.com/news/articles/2024-09-11/bangladesh-seeks-5-billion-in-emergency-funds-from-lenders?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iNI3z8d3zWCw/v1/1200x-1.jpg

2024-09-11 10:18:18

Transnet Breaches Loan Terms Again as Debt Weighs on Investment
Transnet SOC Ltd. breached loan covenants for a second year running as the South African port and rail operator staggers under a debt burden that’s constraining investments needed to resurrect its ailing equipment and infrastructure. #press
https://www.bloomberg.com/news/articles/2024-09-11/south-africa-s-transnet-breaches-debt-covenant-as-finance-costs-rise?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iSFm_tL0Qr2c/v0/1200x-1.jpg

2024-09-10 17:59:50

Brazilian Companies Pushing Lula for Better Deals on Back Taxes
President Luiz Inacio Lula da Silva’s plan to balance the budget by reaching settlements in corporate tax disputes is facing hurdles as some large Brazilian companies hold out for better deals. #press
https://www.bloomberg.com/news/articles/2024-09-10/brazilian-companies-pushing-lula-for-better-deals-on-back-taxes?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iB74uNlB06Ds/v3/1200x-1.jpg

2024-09-10 12:01:51

JPMorgan Leads Wall Street’s Capital Pivot Ahead of Basel Endgame Rules
JPMorgan Chase & Co. is leading a historic retreat from preferred shares as Wall Street lenders re-jig their balance sheets ahead of new rules that are set to be significantly watered down. #press
https://www.bloomberg.com/news/articles/2024-09-10/jpmorgan-leads-wall-street-s-capital-pivot-ahead-of-basel-endgame-rules?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iVB0kOV7eRh4/v0/1200x-1.png

2024-09-10 11:42:48

French Bonds Suffer Exodus of Japanese Cash in Sign of Fragility
Japanese investors sold French sovereign bonds en masse in July, a sign that one of Europe’s safest assets has been tarnished in the eyes of some of its biggest holders. #press
https://www.bloomberg.com/news/articles/2024-09-10/french-bonds-suffer-exodus-of-japanese-cash-in-sign-of-fragility?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iBepdaYAowUc/v2/1200x-1.png

2024-09-10 10:33:37

Oil Price Rout Drives Russian Revenues to Seven-Month Low
Tumbling global prices push Russian crude close to $60-a-barrel cap #press
https://www.bloomberg.com/news/articles/2024-09-10/russia-s-oil-exports-earn-the-least-since-february-as-prices-tumble?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ieSIgQK0AaIU/v1/1200x-1.jpg

2024-09-10 07:28:04

Markets in 3 Minutes: Crypto Will Give Knee-Jerk Debate Verdict
Anna Edwards, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-09-10/crypto-will-give-knee-jerk-debate-verdict-3-minute-mliv-video?utm_source=press.coop

2024-09-10 07:26:09

Czech Inflation Above Forecast Deepens Central Bank’s Dilemma
Czech inflation was faster than expected in August, complicating the central bank’s deliberations about the pace of further monetary easing. #press
https://www.bloomberg.com/news/articles/2024-09-10/czech-inflation-above-forecast-deepens-central-bank-s-dilemma?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iqklFN6BR6_A/v0/1200x-1.jpg

2024-09-09 03:39:31

Asian Stocks Tumble as Worry on US Economy Sinks Tech Shares
Asian equities slumped at the start of the new week, weighed down by losses in technology stocks on concerns over US economic growth. #press
https://www.bloomberg.com/news/articles/2024-09-09/asian-stocks-tumble-as-worry-on-us-economy-sinks-tech-shares?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ikVcR.G2OSck/v2/1200x-1.png

2024-09-06 21:50:45

Selena Gomez Is Now A Billionaire
Selena Gomez is now billionaire thanks to her beauty brand. Diana Li explains. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-09-06/selena-gomez-is-now-a-billionaire?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/idM1b.NdGza4/v3/1200x-1.png

2024-09-05 18:18:21

Fed Seeks Input on Adjustments to Stigmatized Discount Window
The Federal Reserve on Thursday said it’s looking to amend the operational practices of its facility typically used by banks and credit unions in times of stress. #press
https://www.bloomberg.com/news/articles/2024-09-05/fed-seeks-input-on-adjustments-to-stigmatized-discount-window?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/irlHcnSf2G8I/v1/1200x-1.jpg

2024-09-04 14:26:26

Nordstrom Family Looks to Take Chain Private in $3.8 Billion Deal
Erik and Peter Nordstrom, the great grandsons of founder John Nordstrom, said they had been exploring ways to take the company private, according to a statement on Wednesday. Crystal Tse has more on Bloomberg Television. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-09-04/nordstrom-family-looks-to-take-chain-private-for-3-8b-video?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i_S_MX6fmcWo/v3/1200x-1.jpg

2024-09-03 13:54:02

Muni Trades: Wall Street Firms Pay Half of Retail Price
Retail investors, who hold the largest share of municipal bonds, pay roughly twice the spread that major institutional investors pay when trading recently issued debt. Nic Querolo reports on the Aug. 30 episode of "Bloomberg The Close." (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-09-03/muni-trades-wall-street-firms-pay-half-of-retail-price-video?utm_source=press.coop

2024-09-03 13:50:03

Deutsche Bank Veteran Colquhoun to Leave as BNP’s Kotsen Hired
The head of Deutsche Bank AG’s distressed products group, Gavin Colquhoun, is set to leave the German lender in December after 22 years, according to an internal memo seen by Bloomberg. #press
https://www.bloomberg.com/news/articles/2024-09-03/deutsche-bank-hires-bnp-s-kotsen-as-europe-distressed-debt-head?utm_source=press.coop
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2024-09-03 13:46:04

Solar Maker Maxeon Sees ‘Significant’ Headwinds, Skips Guidance
Photovoltaic panel manufacturer Maxeon Solar Technologies Ltd. won’t provide third-quarter guidance amid “significant” market headwinds that include a weak rooftop market, project delays and detained module imports into the US. #press
https://www.bloomberg.com/news/articles/2024-09-03/solar-maker-maxeon-sees-significant-headwinds-skips-guidance?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iuLizDOvGGZA/v1/1200x-1.jpg

2024-09-03 13:44:04

Formula 1 to Borrow $850 Million Via Loan Market for MotoGP Deal
Banks led by Goldman Sachs Group Inc. launched an $850 million leveraged loan offering to help fund Formula 1 owner Liberty Media Corp.’s acquisition of MotoGP World Championship, according to a person familiar with the matter. #press
https://www.bloomberg.com/news/articles/2024-09-03/formula-1-to-borrow-850-million-via-loan-market-for-motogp-deal?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/imdhOlWJ2fQQ/v1/1200x-1.jpg

2024-09-01 10:01:50

Philippines Arrests Over 150 Foreigners in Online Gambling Raid
Philippine authorities arrested more than 150 foreign nationals during a raid of an illegal online gaming hub on Saturday. #press
https://www.bloomberg.com/news/articles/2024-09-01/philippines-arrests-over-150-foreigners-in-online-gambling-raid?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iZLWM0En6m9g/v0/1200x-1.jpg

2024-08-31 02:37:55

China’s Troubled Solar Industry May Be Nearing a Turning Point
China’s solar manufacturers have just been through a bloodbath of an earnings season, but there are tentative signs the massive glut that’s plaguing the industry could be starting to ease. #press
https://www.bloomberg.com/news/articles/2024-08-31/china-s-troubled-solar-industry-may-be-nearing-a-turning-point?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ij_P8Ru8QS7I/v2/1200x-1.jpg

2024-08-30 10:00:09

Short Sellers Target Swedish Firm as CEO Exit Sows Uncertainty
Short sellers are zeroing in on Swedish accounting software company Fortnox AB after the sudden resignation of the chief executive who oversaw a huge rally in its shares. #press
https://www.bloomberg.com/news/articles/2024-08-30/short-sellers-target-swedish-firm-as-ceo-exit-sows-uncertainty?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ioIYGqBh5cF8/v2/1200x-1.png

2024-08-20 14:13:32

Mexico Joins Slovenia in Planning Samurai Sales With Low Yields
Mexico is planning to raise funds through Samurai bonds for the first time in nearly two years, joining Slovenia in considering taking advantage of Japan’s still relatively low yields to sell debt. #press
https://www.bloomberg.com/news/articles/2024-08-20/mexico-markets-samurai-bonds-as-yields-stay-low-despite-boj-hike?utm_source=press.coop
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2024-08-20 12:35:16

UK’s Low-Coupon Bond Rush Is Overdone, Says NatWest Markets
Demand for a niche sector of the UK bond market that offers rich Britons a tax break is at risk of faltering, according to NatWest Markets. #press
https://www.bloomberg.com/news/articles/2024-08-20/uk-s-low-coupon-bond-rush-is-overdone-says-natwest-markets?utm_source=press.coop
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2024-08-20 10:16:52

Coal-Rich Indian State to Pass Mining Tax After Court Ruling
The Indian state of Jharkhand has passed a bill imposing mining taxes, according to people familiar with the matter, a move that’s set to inflate the prices of minerals from coal to bauxite. #press
https://www.bloomberg.com/news/articles/2024-08-20/coal-rich-indian-state-to-pass-mining-tax-after-court-ruling?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iO2OMKQUtWXs/v1/1200x-1.jpg

2024-08-20 10:14:51

Angola Weighs Environmental Bond with The Nature Conservancy
Angola is considering a proposal from The Nature Conservancy for an environmental bond project that would reduce its debt burden. #press
https://www.bloomberg.com/news/articles/2024-08-20/angola-weighs-environmental-bond-with-the-nature-conservancy?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iG295Bo5cfyE/v1/1200x-1.jpg

2024-08-20 10:08:50

Germany’s Strong Wage Growth Adds to ECB’s Inflation Struggle
Robust German wage growth isn’t abating and will likely keep inflation high, according to the Bundesbank – a worrying signal for the European Central Bank as it battles to return price gains to its 2% target. #press
https://www.bloomberg.com/news/articles/2024-08-20/germany-s-strong-wage-growth-adds-to-ecb-s-inflation-struggle?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i6yMd6o9qm44/v1/1200x-1.jpg

2024-08-20 10:02:54

EU Plans 9% Tariff on Tesla Cars as China EV Probe Advances
The European Union said Tuesday that it plans to introduce a 9% tariff on Teslas imported from China, as it notified automakers of its draft decision to move forward with definitive tariffs on electric vehicles shipped from the country. #press
https://www.bloomberg.com/news/articles/2024-08-20/eu-plans-9-tariff-on-tesla-cars-as-china-ev-probe-advances?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i5lF8QEDKGZw/v0/1200x-1.jpg

2024-08-20 10:02:54

Fed Confronts Up to a Million US Jobs Vanishing in Revision
US job growth in the year through March was likely far less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling further behind the curve to lower interest rates. #press
https://www.bloomberg.com/news/articles/2024-08-20/fed-confronts-up-to-a-million-us-jobs-vanishing-in-revision?utm_source=press.coop
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2024-08-20 10:00:57

Thai State Energy Group PTT Seeks Partners for Petrochemical, Refining Units
PTT Pcl, Thailand’s state-controlled energy conglomerate, is seeking new partners to provide expertise and funding for some of its petrochemical and refinery units, according to Chief Executive Officer Kongkrapan Intarajang. #press
https://www.bloomberg.com/news/articles/2024-08-20/thai-state-energy-group-ptt-seeks-partners-for-petrochemical-refining-units?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iEYnXpMVIEfw/v0/1200x-1.jpg

2024-08-20 09:48:47

Chinese Regulator Asks Banks to Survey Impact of Stronger Yuan
China’s foreign-exchange regulator is gauging the impact of a stronger yuan on exporters, according to people familiar with the matter, as the currency rebounds from an eight-month low against the dollar. #press
https://www.bloomberg.com/news/articles/2024-08-20/chinese-regulator-asks-banks-to-survey-impact-of-stronger-yuan?utm_source=press.coop
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2024-08-20 09:31:49

HSBC Said to Explore Sale of South Africa Units to Focus on Asia
HSBC Holdings Plc is weighing a sale of its South African businesses as the lender focuses on Asian markets, according to people with knowledge of the matter. #press
https://www.bloomberg.com/news/articles/2024-08-20/hsbc-said-to-explore-sale-of-south-africa-units-to-focus-on-asia?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iZykihD4leMM/v1/1200x-1.jpg

2024-08-20 03:55:55

Seven & I Buyout Would Be a Watershed Moment for Japan Takeovers
Alimentation Couche-Tard Inc.’s proposed acquisition of Seven & i Holdings Co., if successful, wouldn’t just be the largest takeover of a Japanese company, it would also be extremely rare. #press
https://www.bloomberg.com/news/articles/2024-08-20/seven-i-buyout-would-be-a-watershed-moment-for-japan-takeovers?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ilnfrIxHFDVY/v0/1200x-1.jpg

2024-08-19 20:40:47

S&P 500 Spikes in Final Minutes of US Trading | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Emily Graffeo and Tim Stenovec. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-08-19/s-p-spikes-in-final-minutes-of-us-trading-closing-bell-video?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i_6vIW_Bf0x0/v3/1200x-1.png

2024-08-19 20:15:41

Why AMD Is Buying Server Maker ZT Systems
Advanced Micro Devices agreed to buy server maker ZT Systems in a cash and stock transaction valued at $4.9 billion, adding data center technology that will bolster its efforts to challenge Nvidia. Stacy Rasgon, Bernstein Research senior analyst, discusses the deal on “Bloomberg The Close.” #press
https://www.bloomberg.com/news/videos/2024-08-19/why-amd-is-buying-server-maker-zt-systems-video?utm_source=press.coop
http://assets.bwbx.io/images/iu40W5SivvWo/v2/1200x-1.jpg

2024-08-19 19:57:38

Pimco's Crescenzi Says Bond Investors Should Be in Buy Mode
Pimco Portfolio Manager and Market Strategist Tony Crescenzi says there's room to run on Treasuries during an interview on "Bloomberg The Close." (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-08-19/pimco-s-crescenzi-says-bond-investors-should-be-in-buy-mode?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ijDmwwnO25IA/v3/1200x-1.jpg

2024-08-19 19:51:37

US Gives Tiny Canadian Firm Electra $20 Million to Build Cobalt Plant
Canada’s Electra Battery Materials Corp. has received a $20 million award from the US government to build a cobalt plant close to North America’s automotive heartland. #press
https://www.bloomberg.com/news/articles/2024-08-19/us-gives-tiny-canadian-firm-electra-20-million-to-build-cobalt-plant?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iUPd5_gBfIJw/v1/1200x-1.png

2024-08-19 19:43:39

Has the 'Ultimate Pickleball' Arrived?
Life Time CEO Bahram Akradi talks about how the sport of pickleball is growing at his health clubs. The company filed for a patent for their own "ultimate pickleball." He's on "Bloomberg Open Interest." (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-08-19/has-the-ultimate-pickleball-arrived?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/is42Pde5fLIg/v3/1200x-1.jpg

2024-08-19 16:50:10

Pakistan Says Mpox Patient Not Carrying Dangerous New Variant
Pakistan’s first mpox infection this year is an older, milder variant called clade II, according to Irshad Roghani, a public health director in the northwestern province of Khyber Pakhtunkhwa. #press
https://www.bloomberg.com/news/articles/2024-08-19/pakistan-says-mpox-patient-not-carrying-dangerous-new-variant?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/itUYN2qctlls/v1/1200x-1.jpg

2024-08-16 07:26:44

Bavarian Wants Mpox Vaccine to Get Approved for Adolescents
Bavarian Nordic A/S, the only company with a vaccine approved for mpox in the US and Europe, wants permission to use the jab for adolescents as a new variant of the virus spreads. #press
https://www.bloomberg.com/news/articles/2024-08-16/bavarian-wants-mpox-vaccine-to-get-approved-for-adolescents?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ixcvWl1Cp7Zg/v0/1200x-1.jpg

2024-08-16 07:26:44

European Stocks Rise, Head for Biggest Weekly Gain Since May
European stocks advanced and are set for their biggest weekly advance in three months as fears over a recession in the US ease and traders bet the Federal Reserve will cut interest rates next month. #press
https://www.bloomberg.com/news/articles/2024-08-16/european-stocks-rise-head-for-biggest-weekly-gain-since-may?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iA1gmD6A4TBs/v2/1200x-1.png

2024-08-16 07:24:42

Markets in 3 Minutes: No Obvious Risk to Quickly Derail Rally
Anna Edwards, Tom Mackenzie, and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-08-16/no-obvious-risk-to-quickly-derail-rally-3-minute-mliv-video?utm_source=press.coop

2024-08-16 07:18:45

Ukraine Grain Trader Says Too Risky to Rely on Black Sea Ports
Ukraine’s crucial Black Sea grain ports are again shipping out hefty amounts, but one major trader plans to keep exporting large volumes via much more expensive river routes. #press
https://www.bloomberg.com/news/articles/2024-08-16/ukraine-grain-trader-says-too-risky-to-rely-on-black-sea-ports?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iKwDEIgCDj8o/v1/1200x-1.jpg

2024-08-16 07:16:49

Kazakhstan to Correct False Harvests That Echo Soviet-Era Deceit
Regional officials, seeking to win favor with Kazakhstan’s leadership, overestimated the country’s grain harvest by as much as 3 million tons last year, according to the deputy prime minister. #press
https://www.bloomberg.com/news/articles/2024-08-16/kazakhstan-to-correct-false-harvests-that-echo-soviet-era-deceit?utm_source=press.coop
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ieTnw4l4E.CI/v0/1200x-1.jpg

2024-08-16 07:16:40

UK Retail Sales Bounce Back
UK retail sales bounced back in July after summer discounts and the Euros football competition unleashed spending at department stores and sports shops. Anna Edwards and Tom Mackenzie discuss the data and its potential impact on Bank of England policy. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-08-16/uk-retail-sales-bounce-back-video?utm_source=press.coop