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Stocks Rise, Oil Falls as Truce Prospects Weighed: Markets Wrap
Economy Bloomberg
Stocks Rise, Oil Falls as Truce Prospects Weighed: Markets Wrap

Stocks and bonds rose while oil fell as traders weighing the viability of US-Iran ceasefire talks sent markets to a series of big swings.

Oil Drops Near $101 as Traders Weigh Outlook for US-Iran Truce
Economy Bloomberg
Oil Drops Near $101 as Traders Weigh Outlook for US-Iran Truce

Oil remained lower as traders weighed a diplomatic push by the US to end the war with Iran.

Economy Financial Times
VW in talks with Israel’s Iron Dome maker to shift from cars …

Plan with Rafael Advanced Defence Systems focuses on using carmaker’s Osnabrück plant to produce parts for air defence

Economy Financial Times
Tech system failed to warn air traffic controllers of imminent crash at …

Standard staffing was in place at LaGuardia, but officials have expressed reservations about overnight practices

Victory Capital Withdraws Bid for Janus Henderson
Economy Bloomberg
Victory Capital Withdraws Bid for Janus Henderson

Victory Capital Holdings has withdrawn its nearly $9 billion proposal to acquire Janus Henderson Group. Loukia Gyftopoulou reports on "Bloomberg The Close." (Source: Bloomberg)

Kenya Barris, Revolt to Launch Firm to Empower Creators
Economy Bloomberg
Kenya Barris, Revolt to Launch Firm to Empower Creators

Emmy Award-winning producer & writer Kenya Barris and Revolt CEO Detavio Samuels discuss the launch of a new creator studio, some of their favorite creators …

Private Credit Storm Lashes Father-Son Duo at Helm of Cliffwater
Economy Bloomberg
Private Credit Storm Lashes Father-Son Duo at Helm of Cliffwater

As investors in private credit funds rush for the exits, Cliffwater has become one of the biggest question marks in the $1.8 trillion industry. The …

Economy Financial Times
Charting the OpenAI ‘ecosystem’

Map of the problematique

Economy Financial Times
Victory Capital withdraws from bidding war for Janus Henderson

Texas-based money manager’s decision to pull its proposal clears the way for a rival offer

Bond Market Nears ‘Inflection Point’ After War-Related Selloff
Economy Bloomberg
Bond Market Nears ‘Inflection Point’ After War-Related Selloff

A rush by bond traders to unwind US futures positions amid the selloff triggered by war in Iran is running its course, setting the stage …

Economy Financial Times
Beauty group Puig surges 13% after disclosing Estée Lauder merger talks

Tie-up between Spanish and US groups would create $40bn fashion and beauty powerhouse

Economy Financial Times
Arm shares rise as it forecasts revenue boost from in-house AI chip

SoftBank-owned tech group projects fivefold revenue increase in five years

Economy Financial Times
Danish premier’s party set for its worst election result since 1903, exit …

But Mette Frederiksen may still secure a third term in office because her rightwing rival is poised to fare even worse

US Treasuries Slide as Inflation Woes Lead to a Weak Auction
Economy Bloomberg
US Treasuries Slide as Inflation Woes Lead to a Weak Auction

US Treasuries sank after investors spurned an auction of two-year notes amid concern that a potentially protracted war in the Middle East will lead to …

Economy Financial Times
Drain on Turkey’s reserves raises prospect of gold sales to prop up …

Central bank has spent $30bn to support lira as foreign investors sell Turkish assets during Iran war

United CEO Warns Fares May Have to Rise 20% to Cope With Oil
Economy Bloomberg
United CEO Warns Fares May Have to Rise 20% to Cope With …

United Airlines CEO Scott Kirby says ticket prices may have to go up by 20% if jet fuel prices remain elevated for longer during an …

Trump Says Talks With Iran Are Underway, as Airstrikes Continue
Economy Bloomberg
Trump Says Talks With Iran Are Underway, as Airstrikes Continue

President Donald Trump claimed talks are underway with Iran, but the US and Israel are still carrying out airstrikes. Iran is also firing missiles at …

Kimmeridge’s Viviano on Iran War, LNG and Price Volatility
Economy Bloomberg
Kimmeridge’s Viviano on Iran War, LNG and Price Volatility

Kimmeridge Head of Public Equities Mark Viviano discusses LNG markets and the impact of the Iran conflict on global energy prices with Bloomberg’s Julie Fine …

Economy Financial Times
Iran war is rattling global economy, surveys show

Closely watched sentiment data points to slump in business activity from Australia to Europe

IPL Team Royal Challengers Bengaluru Set for $1.8 Billion Takeover Deal
Economy Bloomberg
IPL Team Royal Challengers Bengaluru Set for $1.8 Billion Takeover Deal

A consortium led by Indian billionaire Kumar Mangalam’s Aditya Birla Group, The Times of India Group, David Blitzer’s Bolt Ventures and Blackstone has bought the …

Economy Financial Times
UK housebuilder Bellway shares slump as CEO warns of softer market

Jason Honeyman says hopes of margin growth into 2027 ‘look quite optimistic’ in wake of Middle East conflict

Economy Financial Times
Time to scrutinise populism’s ‘supply side’

Volatility traders have come for our democratic politics and are showing that turbulence pays

Xiaomi Sales Grows Slowest in Years in Sign of Poor Phone Demand
Economy Bloomberg
Xiaomi Sales Grows Slowest in Years in Sign of Poor Phone Demand

Xiaomi Corp. posted its slowest quarterly growth since 2023, after strong sales of its EVs failed to make up for slumping smartphone demand.

World Economic Forum Postpones Saudi Conference Amid Iran War
Economy Bloomberg
World Economic Forum Postpones Saudi Conference Amid Iran War

The World Economic Forum is postponing an upcoming conference in Saudi Arabia, the latest example of a high-profile event affected by the Iran war.

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