World News Feed
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Oil Extends Slide as More Barrels Flow Through Strait of Hormuz
Oil extended its slide to pre-war levels as flows through the Strait of Hormuz increase and traders grapple with signs of oversupply.
Hikers Turn to AllTrails App to Navigate Nature
AllTrails CEO Liz Hamren is joined by Bloomberg's Adam Thompson to discuss how to navigate the summer hiking season and break down how to visit …
Meta Platforms Getting Into Cloud Infrastructure Business | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Bailey Lipschultz, Carol Massar and Tim Stenovec. …
Chuck E. Cheese CEO Highlights Growth in Birthday Party Business
Scott Drake, CEO of Chuck E. Cheese, discussed the company's strategy to connect with customers through family-friendly, clean, and safe entertainment options. He highlighted the …
Japan's $13 Billion Global Anime Merchandise Goal
Anime has become a global entertainment powerhouse, attracting billions of dollars in investment and fans worldwide. Now, companies including Marubeni are targeting the fast-growing $13 …
South Korean Banks Expand Trading Floors for 24-Hour Won Market
South Korea’s biggest lenders are boosting trading desks in London and Seoul to prepare for the won’s round-the-clock trading starting next week.
Tankmaker KNDS Delays IPO as Investors Cool on Defense Stocks
Tankmaker KNDS postponed its initial public offering, as weakness in European defense stocks derailed what was expected to be the biggest first-time share sale in …
One Almost-Goldilocks Report
While we wait for the jobs data.
New York, Chicago Grids Strain as Record Heat Wave Expands
Power grids from Chicago to New York City are bracing for sky-high demand as sweltering heat begins to build across the eastern half of the …
Warsh Taps Ex-BOE Chief King for New Fed Communications Task Force
Federal Reserve Chairman Kevin Warsh has tapped former Bank of England Governor Mervyn King to co-chair the US central bank’s new task force on communications.
US Stocks Rise as Traders Weigh Warsh Remarks, Manufacturing
US stocks pared earlier losses as fresh economic data painted a picture of resilience, while traders assessed commentary from Federal Reserve Chairman Kevin Warsh.
Bad Loan Investor APS Eyes €3.3 Billion of Portfolio Deals
APS Holding is preparing to step up purchases of distressed debt as it sees higher interest rates and real estate stress starting to dent bank …
UK Retailer TG Jones Restructuring Plan Approved by London Court
Ailing UK high-street retailer TG Jones Retail Holdings Ltd won court approval for a sweeping financial restructuring that will shutter more than 100 stores and …
Wall St. Women Trade Day Jobs for Lucrative Online Fame
A growing number of women in Wall Street are giving up their coveted jobs and pay checks for a shot at online stardom — a …
Pakistan Inflation Cools, Keeping Central Bank on Guard
Pakistan’s inflation eased last month, though it remained in double digits, keeping policymakers on guard against persistent price pressures.
Euro-Zone Inflation Slows More Than Expected as Oil Retreats
Euro-area inflation eased more than anticipated as efforts toward peace in the Middle East sent global oil prices lower.
Aluminum Falls to Lowest Since February as Dollar Strengthens
Aluminum fell to the lowest since mid-February as a strengthening US dollar continued to pressure commodities.
Chinese Inverter Maker Sungrow Plunges 20% on Potential US Ban
Chinese inverter manufacturer Sungrow Power Supply Co. tumbled on Wednesday following a report that the US regulator is drafting a ban on imports due to …
Foreign Buying of Indian Bonds Hits Record After Tax Break
India’s bonds open to unrestricted global investment attracted a record monthly inflow after the government scrapped taxes on foreign investors.
Gold Drops for Third Day as Jitters Over US Rate Outlook Worsen
Gold fell for a third day as traders weighed signals the Federal Reserve may move to tighten policy and tracked US-Iran peace talks.
Asian Stocks Slip After Two-Day Rally, Yen Steady: Markets Wrap
Asian equities edged lower as investors turned cautious after a rally in chipmakers and other tech stocks helped propel them to their best quarter in …
Oil Falls as US-Iran Talks Progress, Supplies Beat Expectations
Oil extended its run of declines as traders monitored US-Iran peace talks, and weekly storage data showed American stockpiles fell by less than anticipated.
Nike Appoints Pfizer CFO as New Finance Chief Amid Industry Experience Questions
Nina Trentmann, Senior Editor at Bloomberg News, discussed the recent appointment of Dave Denton, formerly Pfizer's CFO, as Nike's new Finance Chief. While some analysts …
Progress Software Earnings Beat Estimates, Boosts Forecast
Yogesh Gupta, CEO of Progress Software, said that AI is a big driver for his company as it beat earnings estimates and boosts forecasts for …
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