World News Feed
Latest news from trusted sources around the world
Citi CFO Sees Trading Revenue Jump as CEO Fraser Drives Turnaround
Citigroup Inc. is preparing for a windfall from trading across asset classes, with momentum appearing more sustained than it did early last year, according to …
Lancaster-Samuel Says Clients Have a 'Fear of Getting Out'
Baylor Lancaster-Samuel, Senior Vice President and Chief Investment Officer with Amerant Investments, discusses the current phase of the equity market cycle. She says many clients …
LA Stadium Workers Avert Strike Before First World Cup Game
Workers at SoFi Stadium near Los Angeles reached a tentative agreement with management, averting the threat of a strike days before hosting the US team’s …
JPMorgan-Led Group to Sell Qualtrics Hung Debt at Year End
A group of banks led by JPMorgan Chase & Co. is planning to offload about $5.3 billion in financing for software firm Qualtrics International Inc. …
JPMorgan Strategist Expects CPI Above 4% with Signs of Easing Energy Inflation
Meera Pandit, Global Market Strategist at JPMorgan Asset Management, discusses expectations for the upcoming U.S. CPI report, forecasting a print above 4%. She highlights that …
Apotex Targets Top of Range in Biggest Canada IPO Since 2021
Apotex Health Corp. is guiding investors to expect its Toronto initial public offering to price at the top of the marketing range later Tuesday, according …
Kenya Retains Benchmark Interest Rate for Second Time
Kenya’s central bank left its benchmark interest rate unchanged for the second time in a row, as it monitors the impact of the ongoing conflict …
Technology Megacaps Tumble as Rotation Trade Gathers Momentum
The S&P 500 Index dropped, reversing earlier gains, as a rotation out of technology stocks that propelled the stock market higher for most of the …
BP CEO Shakes Up Structure in Push Back to Oil and Gas
New BP Plc Chief Executive Officer Meg O’Neill reorganized the energy giant’s leadership and reporting structures in an overhaul that cements the company’s focus on …
Markets Prepare for Arrival of Musk’s AI-Infused Space Conglomerate
Markets prepare to welcome Elon Musk’s multiplanetary, AI-infused version of General Electric.
StoneX Plans to Deepen India Presence Beyond First Trading Desk
StoneX Group Inc. plans to expand into base metals and agricultural commodities after setting up its first precious metals trading desk in India in June, …
ECB 'At a Minimum' Is Going to Hike Twice, BNP Paribas Says
Sam Lynton-Brown, head of global macro strategy at BNP Paribas, speaks on Blomberg Television about the outlook for Federal Reserve and European Central Bank policy. …
China’s Trade Imbalance With EU Swells as Imports Slip Again
China’s imports from the European Union dropped for the first time in three months, again swelling a trade imbalance that’s put it on a collision …
Intesa’s Messina Braces for Bidding War Over Monte Paschi
Intesa Sanpaolo SpA Chief Executive Officer Carlo Messina signaled he’s prepared to address any counterbids for Banca Monte dei Paschi di Siena SpA, after unveiling …
Apple's Siri AI Has Upper Edge vs Rivals, IDC Says
IDC Senior Research Director Nabila Popal says Apple's Siri AI holds two key advantages over other AI models: its access to personal contacts and strong …
Indonesia’s Five-Year Bond Yield Climbs to Highest Since 2020
Indonesia’s five-year bond yield climbed to the highest level in more than six years as a debt market selloff deepened.
China Coking Coal Slides After Report on Push to Maintain Output
Chinese coking coal futures extended declines following a local media report that authorities in Shaanxi asked miners to maintain output, after a deadly accident in …
Asian Stocks Recover After AI Selloff, Oil Slips: Markets Wrap
Asian stocks rebounded after their biggest drop since March as tensions in the Middle East eased and a selloff in artificial intelligence shares abated. Crude …
NYNJ FIFA Chief on How Fans Can Get to MetLife Stadium for …
Alex Lasry, Chief Executive Officer of the NYNJ Host Committee for the FIFA World Cup 2026, says the region is ready for the tournament and …
Test Your ETF Knowledge In Our IQ Test
Bloomberg's Joel Weber puts Scarlet Fu, Katie Greifeld, and Eric Balchunas to the test on "Bloomberg ETF IQ" in this week's edition of "IQ Test." …
OpenAI Filed Confidentially for IPO as Rivals Race to Market
OpenAI, the maker of ChatGPT, filed confidentially for an IPO, joining artificial intelligence rivals in tapping public markets to fund ambitious growth plans.
Inflated ‘Private’ Ratings Are Masking Credit Risk, Columbia Study Says
Ratings that underpin a growing slice of the $1.8 trillion private-credit market, the hottest corner of Wall Street in recent years, are systematically understating investment …
JPMorgan Shops 15% Yield Debt for Trump-Boosted Oil Driller
JPMorgan Chase & Co. is in talks with investors to refinance a nearly $1 billion loan at a 15% interest rate for Sable Offshore Corp., …
Fast Retail Firm Zepto Files for Biggest India IPO This Year
Rapid-commerce company Zepto Ltd. has filed updated paperwork for what’s set to be India’s biggest initial public offering this year, bringing to market one of …
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