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Latest news from trusted sources around the world

Economy Bloomberg
IMO Contradicts Trump Claims on Strait of Hormuz

IMO Secretary-General Arsenio Dominguez tells Bloomberg TV that the Strait of Hormuz is not open and that there is no confirmation that mines have been …

Economy Bloomberg
What's Next Following Monte dei Paschi's High-Stakes Move?

Banca Monte dei Paschi is seeking to buy two separate banks for a combined price of €34 billion ($40 billion) in a defensive move designed …

Economy Bloomberg
Making Battlefield Tech Fuels an 80% Rally for Swedish Stock

A small Swedish firm is Europe’s best-performing defense stock in 2026, an ascent its chief executive puts down to a “third wave” of military spending …

Economy Bloomberg
Australian Bond Futures Positions Near Record on Hedging Demand

Positions on Australia’s three-year bond futures have risen toward an all-time high as the nation’s growing debt pile fuels demand for hedging.

Economy Bloomberg
What Are Kangaroo Bonds? Why Alphabet Is Borrowing Billions in Australia

Australia’s bond market is drawing increased interest from overseas borrowers. That includes Google’s parent Alphabet Inc., which issued debt in the country for the first …

Economy Bloomberg
India Bond Traders Left Reeling After Surprisingly Hawkish RBI Minutes

As inflows from the foreign-currency deposit scheme begin to fade, yields could drift higher.

Economy Bloomberg
Swift Indian Ban on JPMorgan Unit Seen as Warning to Traders

India’s securities regulator issued an interim order against a JPMorgan Chase & Co. unit in record time, a move market watchers say could deter attempts …

Economy Bloomberg
India’s Mazumdar-Shaw Is On A Mission to Save Lives

Known as India’s ‘Queen of Biotech’, Kiran Mazumdar-Shaw built Biocon from a rented garage almost 50 years ago. Today, her multibillion-dollar company is one of …

Economy Bloomberg
Stocks and Bonds Rise as Oil Halts Run of Gains: Markets Wrap

Global stocks and bonds advanced as oil halted its streak of gains, offering respite from mounting worries about inflationary pressures.

Economy Bloomberg
Latest Oil Market News and Analysis for Aug. 21

Oil fluctuated but remained on track for a weekly gain as traders awaited details of a US campaign to isolate Iran’s economy, with no apparent …

Economy Bloomberg
Anthropic Set to Add Citigroup to Top IPO Banks on Mega-Listing

Anthropic PBC is set to add Citigroup Inc. to the banks working on its initial public offering, according to people familiar with the matter, as …

Economy Bloomberg
J&J Snack Foods CEO on Snack Nostalgia, Turnaround Plans

Dan Fachner, CEO of J&J Snack Foods, discussed the company's strategic focus on the food service segment, which accounts for 60% of its business. He …

Economy Bloomberg
Fmr. LVMH Exec. Brown on Estée Comeback, Consumer Trends

Pauline Brown, former chairman of LVMH North America, discussed evolving trends in the luxury market. She highlighted that while traditional luxury spending correlates with strong …

Economy Bloomberg
Big Take: Riding The Bond Market Rollercoaster

On today's Big Take podcast, behind the bond market selloff and the US government's intervention. (Source: Bloomberg)

Economy Bloomberg
Holcim Is Acquiring Part of James Hardie’s European Business

Holcim Ltd. is acquiring part of the European business of James Hardie Industries Plc for €840 million ($981 million), expanding its building, sustainable flooring and …

Economy Bloomberg
Will 'Continue to See Dissent Under Warsh Fed' Says Jack Manley

Several Federal Reserve officials favored an interest-rate hike last month and many indicated that policy tightening would be necessary if inflation didn’t decline, a record …

Economy Bloomberg
China Sentences Evergrande’s Hui to Life in Prison

China Evergrande’s founder Hui Ka Yan has been sentenced to life in prison — cementing the downfall of a property tycoon who exemplified the country’s …

Economy Bloomberg
India Allows Rare Tax-Free Sugar Imports to Cool Prices

India, the world’s second-biggest sugar producer, has allowed mills and refiners to import duty-free raw sugar in an effort to tame record local prices.

Economy Bloomberg
US Stocks Fall as Oil, Yields Climb While Walmart Slumps

US stocks slid on Thursday as oil prices rose and a rally in government bonds sputtered, sending yields higher. Walmart Inc.’s earnings disappointed, pressuring shares …

Economy Bloomberg
Treasury Buyback Gives Gold Another Lease of Life, UBS Says

UBS Chief Strategist Bhanu Baweja discusses Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt and its impact on wider markets including currencies …

Economy Bloomberg
US 30-Year Bonds Reverse Gains From Treasury’s Buyback Surprise

US Treasuries fell a day after the Trump administration’s surprise decision to increase buybacks of longer-dated bonds, showing the move did little to counter angst …

Economy Bloomberg
Thales Sells €1 Billion Bond to Help Fund Exail Acquisition

French defense company Thales SA sold a €1 billion ($1.2 billion) bond on Thursday to help fund its acquisition of maritime robotics firm Exail Technologies …

Economy Bloomberg
Japan 20-Year Bond Sale Sees Firmer Demand Than 12-Month Average

Japan’s 20-year government bond auction drew stronger demand than its 12-month average as elevated yields attracted investors and US Treasury Secretary Scott Bessent’s fresh attempt …

Economy Bloomberg
Palm Oil Hits Highest Since 2024 as Biofuels, El Niño Cut Supply

Palm oil climbed to its highest level in about 20 months, as rising biofuel demand and mounting production risks from the strengthening El Niño underpin …

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