World News Feed
Latest news from trusted sources around the world
Data centre builder tumbles on trading debut
Elice shares sink more than 30% in Seoul, adding to rising concern about AI valuations
Indonesia Stocks Rebound as Questions Persist Over Market Fix
Indonesian stocks rebounded after authorities moved to stave off a potential two-step downgrade by MSCI Inc., though questions remain over whether the measures go far …
Activist Starboard targets Honeywell spin-off Solstice after failed megadeal
Fund pushes for $100mn in cost cuts and sees growth potential in nuclear business as AI drives power demand
Ambani looks to pull off India’s biggest IPO
Jio Platforms aims to list at $107bn valuation amid stock market downturn, tougher competition and goading from Elon Musk
China’s villages pay the price for Beijing’s AI ambitions
Residents in remote region of Shaoguan hope country’s AI infrastructure push will deliver boom that has long eluded them
Stocks Climb in Late Hours After SpaceX’s Earnings: Markets Wrap
Stocks rose in late hours as SpaceX reported solid earnings fueled by a big jump in its artificial-intelligence business.
Latest Oil Market News and Analysis for Oct. 20
Brent oil whipsawed as traders parse the status of negotiations between the US and Iran.
How the Buffett Kids Will Shape a $150 Billion Legacy
Warren Buffett, chairman emeritus of Berkshire Hathaway, is worth $150 billion, according to the Bloomberg Billionaires Index. Until recently, a longtime favorite of his, Bill …
OpenAI employee accused of bugging had links to Saudi royals, prosecutors claim
US judge rules Abdulrahman Alfozan should not be released on bail after US government argued he had ‘considerable support from a foreign government’
New York pensions chief says private equity firm sought to expense jet …
Head of city’s $326bn Retirement Systems hits out at ‘steady creep’ higher in fees charged by managers
Cboe’s Early Session for Single-Stock Options Makes Debut
Cboe Global Markets Inc. launched pre-market trading in single-stock options, like those on ETFs tracking major stock indexes.
Amazon Rallies as Morgan Stanley Sees Major AI Upside | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Bailey Lipschultz, Carol Massar and Norah Mulinda. …
New Zealand’s Year-End Inflation Surge Points to More Rate Hikes
New Zealand inflation likely eased slightly in the third quarter, but the respite is set to be short-lived as a weaker currency and surging oil …
South Africa’s president eyes trade with China and India as US ties …
Cyril Ramaphosa says Pretoria wants to take advantage of growing tariff-free access benefits with Beijing
Japan launches mission to make first return trip to Mars
Voyage took off early Tuesday morning Japan time and will be watched for further potential signs of life on red planet
US stocks recover after AI sell-off
Nasdaq 100 rises following biggest weekly drop since last year’s trade war rout
Traders, Economists Boost Bets on Canada Rate Hike Next Week
More economists and traders expect the Bank of Canada to hike interest rates next week after the central bank’s latest surveys showed inflation expectations rising.
French bond sell-off intensifies after riots and looting
Authorities introduce curfews and admit police botched oversight of protests
France’s riots expose the impotence of its political class
Shocking violence highlights deepening social division, fiscal constraints and a crisis of leadership
Saudi Arabia to postpone ‘Davos in the desert’ after Houthi attacks
Flagship Future Investment Initiative was scheduled to begin next week in Riyadh but will now take place next year
Inside a Packaging Industry Mega-Deal
Silgan is teaming up with American Industrial Partners to acquire Trivium Packaging in a deal valued at about $3.4 billion dollars. Silgan President and CEO …
EU drops push for global ban on Arctic drilling
Brussels’ new strategy excludes 2021 pledge to work towards a ‘multilateral legal obligation’ not to allow any further hydrocarbon development in the polar region
Walmart Sells US Debt, Eyes Canadian Market as Spending Grows
Walmart Inc. is selling US dollar bonds for a second time this year and sounding out investors for a debut Canadian debt offering as the …
BOC Surveys Show Rising Inflation Expectations, Passthrough
Bank of Canada surveys showed inflation expectations moving higher, and more evidence that firms plan to pass on higher input costs to customers.
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