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Oil Holds Loss on Prospect of Fresh Peace Talks With Hormuz Shut
Economy Bloomberg
Oil Holds Loss on Prospect of Fresh Peace Talks With Hormuz Shut

Oil held onto a sharp drop from the week’s highs as the US and Iran seek further talks to end a war that has brought …

Hormuz Closure Sets Clock Ticking for Asia’s Rice Farmers
Economy Bloomberg
Hormuz Closure Sets Clock Ticking for Asia’s Rice Farmers

The war in Iran is threatening Asia’s rice harvest. Today on the Big Take Asia: What this means for the region’s tables, economies and politics.

Kyle Kuzma: I'm Bullish on the NBA's Future
Economy Bloomberg
Kyle Kuzma: I'm Bullish on the NBA's Future

NBA Champion & Entrepreneur Kyle Kuzma discusses joining Sierra Racing Club as team co-owner, E1 racing, and why he's bullish on the NBA's future. He …

Commerzbank CEO at Odds With Unicredit Over Valuation
Economy Bloomberg
Commerzbank CEO at Odds With Unicredit Over Valuation

Commerzbank CEO Bettina Orlopp says that she has had some talks with UniCredit SpA about a deal after the Italian bank announced a takeover bid …

TD, BMO to Act as Market Makers for New Credit Futures Contract
Economy Bloomberg
TD, BMO to Act as Market Makers for New Credit Futures Contract

TD Securities and BMO Capital Markets are acting as liquidity providers for a new Canadian bank credit futures contract, according to the Montreal Exchange.

Economy Bloomberg
Rolls-Royce Launches Ultra-Exclusive Project

Rolls-Royce’s CEO Chris Brownridge reveals how a $5M ultra-limited car is really about something deeper than wealth: exclusive experiences, extreme personalization, and a new era …

Lagarde Says Early ECB Exit No Option With Clouds on Horizon
Economy Bloomberg
Lagarde Says Early ECB Exit No Option With Clouds on Horizon

President Christine Lagarde said an early exit from the European Central Bank isn’t currently an option for her in the face of the economic crisis …

Lagarde Says Europe’s Economy Has Slipped Below ECB Baseline
Economy Bloomberg
Lagarde Says Europe’s Economy Has Slipped Below ECB Baseline

President Christine Lagarde said higher energy costs have pushed the euro zone away from the European Central Bank’s base-case outlook, though not enough yet to …

Warsh Fed Chair Hearing Set for Next Week, Tim Scott Says
Economy Bloomberg
Warsh Fed Chair Hearing Set for Next Week, Tim Scott Says

The Senate Banking Committee will hold a confirmation hearing next week for Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chair, the panel’s top …

Emerging-Market Assets Rally on Iran War Resolution Bets
Economy Bloomberg
Emerging-Market Assets Rally on Iran War Resolution Bets

Emerging-market stocks leaped Tuesday, with a key equity gauge now close to erasing its losses since the start of the Middle East conflict in late …

China’s Yancoal Buys Australia Mine Stake for Up to $2.4 Billion
Economy Bloomberg
China’s Yancoal Buys Australia Mine Stake for Up to $2.4 Billion

Chinese-controlled Yancoal Australia Ltd. agreed to acquire an 80% stake in the Kestrel coking coal mine in Queensland for as much as $2.4 billion.

Iran War Wipes Out Global Oil Demand Growth This Year
Economy Bloomberg
Iran War Wipes Out Global Oil Demand Growth This Year

Global oil demand will decline this year for the first time since the 2020 pandemic as a price surge caused by the Middle East conflict …

UK’s Intertek Mulls Breakup to Lift Product Testing Firm’s Value
Economy Bloomberg
UK’s Intertek Mulls Breakup to Lift Product Testing Firm’s Value

Intertek Group Plc shares surged after the product testing firm said it’s exploring a breakup aimed at boosting its value.

Malaysia’s Fuel Subsidy Bill Swells to $1.8 Billion in April
Economy Bloomberg
Malaysia’s Fuel Subsidy Bill Swells to $1.8 Billion in April

Malaysia’s government expects to spend about 7 billion ringgit ($1.8 billion) on fuel subsidies in April, roughly ten times more than what it was paying …

Japan 20-Year Bond Sale Sees Strongest Demand Since 2019
Economy Bloomberg
Japan 20-Year Bond Sale Sees Strongest Demand Since 2019

Japan’s 20-year government bond auction drew its strongest demand since 2019 as elevated yields attracted investors despite the continuing conflict in the Middle East.

Hong Kong Dollar Bond Sales Boom as Issuers Tap Into Haven Flows
Economy Bloomberg
Hong Kong Dollar Bond Sales Boom as Issuers Tap Into Haven Flows

Global borrowers are flocking to issue bonds in Hong Kong dollars as the currency’s status as a haven from the conflict in Iran bolsters demand …

Iran Oil Hoard at Sea Shields China’s Refiners From US Blockade
Economy Bloomberg
Iran Oil Hoard at Sea Shields China’s Refiners From US Blockade

A hoard of Iranian crude on tankers at sea and robust onshore stockpiles in China will provide a cushion for the nation’s independent refiners should …

United CEO Has Pitched Possible Tie-Up With American Airlines
Economy Bloomberg
United CEO Has Pitched Possible Tie-Up With American Airlines

United Airlines CEO Scott Kirby has floated a possible combination with American Airlines, according to people familiar with the conversations. Bloomberg's Danny Lee has the …

China’s Oil and Gas Imports Shrink on Persian Gulf Turmoil
Economy Bloomberg
China’s Oil and Gas Imports Shrink on Persian Gulf Turmoil

Chinese crude oil and natural gas imports fell in March, as the supply crunch in the Persian Gulf began to affect shipments.

Copper Rises to Six-Week High as Iran Talks Hope Aids Metals
Economy Bloomberg
Copper Rises to Six-Week High as Iran Talks Hope Aids Metals

Copper rose to the highest level in more than a month as most industrial metals rallied on optimism that the US and Iran will restart …

Wave of $15 Billion US IPOs Runs Headlong Into War’s New Phase
Economy Bloomberg
Wave of $15 Billion US IPOs Runs Headlong Into War’s New Phase

Investment bankers are hitting the road to raise more than $15 billion across initial public offerings in the coming weeks, nervously eyeing market volatility as …

New Zealand Dairy Farmers Pocket Billions From Huge Capital Payout
Economy Bloomberg
New Zealand Dairy Farmers Pocket Billions From Huge Capital Payout

New Zealand dairy farmers are about to get a record multi-billion dollar, tax-free payout. They may need every cent of it.

JPMorgan's Mulvihill: Sentiment Hitting Private Credit
Economy Bloomberg
JPMorgan's Mulvihill: Sentiment Hitting Private Credit

JPMorgan Asset Management Global Alternatives Strategist Aaron Mulvihill discusses private credit continuing to pay a premium, and why investors are starting to lean into asset …

Nemetschek to Buy Thoma Bravo’s HCSS in €2 Billion-Plus Deal
Economy Bloomberg
Nemetschek to Buy Thoma Bravo’s HCSS in €2 Billion-Plus Deal

Nemetschek SE agreed to acquire construction management software provider Heavy Construction Systems Specialists from Thoma Bravo.

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