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Oil Rallies After Trump Issues Warning to Iran on Peace Talks
Oil rose more than 5% after US President Trump threatened Iran with intensified military action, with the two sides seemingly far from a ceasefire in …
OpenAI Discontinues Support for Sora, Winds Down Disney Deal
OpenAI plans to discontinue its Sora AI video generator six months after the high-profile launch of a standalone app for the service, as the company …
US Insists Talks Ongoing Even as Iran Rejects Trump Outreach
The White House insisted that peace talks with Iran are ongoing, even as Tehran publicly rejected US overtures and issued fresh conditions of its own …
BlackRock's Rieder Renews Call for Rate Cuts
BlackRock Inc.'s Rick Rieder says the Federal Reserve should cut interest rates, renewing his call for looser monetary policy. He speaks with Bloomberg's Julie Fine …
Janus Henderson Boosts Loan, Scraps Junk Bond Tied to Buyout
Banks led by JPMorgan Chase & Co. boosted a junk loan to support the purchase of Janus Henderson Group Plc by Nelson Peltz’s Trian Fund …
Is SpaceX Worth $1.75 Trillion? Key Questions for Musk’s Big IPO
In the seven and a half years since Apple Inc.’s market capitalization broke through the $1 trillion mark, investors have become accustomed to seeing big …
Mozambique Dollar Bond Selloff Deepens as Iran War Adds to Woes
Mozambique’s dollar bond extended a selloff into an 11th day, pushing the country’s credit deeper into distressed territory, as the oil-price shock strains its already-fragile …
‘Insane’ Volatility Hurts Energy Production Planning, Fed Survey Shows
Volatility in energy commodity prices driven by the ongoing war in the Middle East is confounding firms trying to make decisions about production in coming …
SpaceX Said to Target as Much as $75 Billion in Blockbuster IPO
SpaceX is considering a fundraising target in its IPO that would dwarf the previous largest ever debut, according to people familiar with the matter, as …
Air Canada CEO Rebuked by Carney Over English Video on Crash
Canadian Prime Minister Mark Carney reprimanded Air Canada’s head for issuing a video statement in English only following the tragic runway collision at LaGuardia Airport …
Pentagon Wants to Shift Funds to Interceptors Amid Iran War
The Pentagon wants to shift roughly $1.5 billion in previously approved funding to buy critical missile interceptors from Lockheed Martin Corp. and RTX Corp., according …
Hedge Fund Boss Builds ‘Ignore Trump’ Strategy in Oil Stocks
Anaconda Invest SA, a boutique hedge fund focused on energy, says it’s decided to disregard statements by US President Donald Trump about the Iran war, …
Hungary Touts Yuan Swap Line as Orban Seeks Chinese Financing
The Hungarian central bank’s swap line with the People’s Bank of China provides a source of stability to the nation’s funding amid market volatility, according …
Fosun Resort Chain Club Med Is Said to Consider Hong Kong for …
Club Med SAS is considering an initial public offering and is looking at Hong Kong, according to people familiar with the situation.
Turkey is Urging Gulf Arab States Not to Join War Against Iran
Turkey is conducting intensive diplomatic efforts to try and prevent Gulf Arab countries from joining the US-Israeli war against Iran, according to people familiar with …
Signs of Jet Fuel Hoarding Emerge in Asia After Iran Oil Shock
Signs are growing that Asian countries are hoarding jet fuel after the Iran war sent oil prices surging, reflecting growing strain on the aviation industry.
ECB Won’t Be ‘Paralyzed by Hesitation’ on Iran, Lagarde Says
The European Central Bank will act decisively and swiftly if the current surge in energy costs risks a broader bout of inflation, though for now …
Oil Falls on US Diplomatic Push to End War With Iran
Oil prices have dropped as the US makes a diplomatic push to try to end the war with Iran. Bloomberg's Rong Wei Neo reports on …
Indonesia Rupiah Rises Most in Six Months, Stocks Gain in Reopen
The Indonesian rupiah and stocks gained as domestic markets reopened after a week-long holiday, buoyed by hopes over the Trump administration’s push to ease Iran …
Australia Fuel Crunch Expands to Hundreds of Gas Stations
Hundreds of service stations across Australia have reported fuel shortfalls, as the war in the Middle East disrupts global supplies.
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
Oil remained lower as traders weighed a diplomatic push by the US to end the war with Iran.
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
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 …
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