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Latest news from trusted sources around the world

Economy Bloomberg
Glencore Says Radiant World Sent Falsified Invoices to Lenders

Glencore Plc accused Radiant World of sending falsified invoices to “a number of financial institutions,” the latest in a series of fraud allegations against the …

Economy Bloomberg
UK Energy Bills Set to Jump 25%: Bloomberg Economics

UK energy bills could jump 25% in January, Bloomberg Economics finds, threatening to undo much of prime minister Andy Burnham’s effort to ease the cost-of-living …

Economy Bloomberg
Stocks Fall in Run-Up to Fed as Yields Stay High

Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices kept bond …

Economy Bloomberg
US 10-Year Yield Rises to Highest Since 2007 as Fed Looms

The 10-year US Treasury yield rose to the highest in almost two decades, the latest milestone in a bruising global bond selloff driven by booming …

Economy Bloomberg
¿Qué significaría para Venezuela dolarizar su economía?

En Venezuela, el dólar ya forma parte de la vida cotidiana. Pero, ¿qué cambiaría si el país dolarizara oficialmente su economía? Andreina explica qué implicaría …

Economy Bloomberg
Traders Are at Odds With ECB and BOE on How Far Rates …

Traders are increasingly diverging from central bankers on the outlook for interest-rate hikes in Europe.

Economy Bloomberg
French Evening Power Price Nears €300 as Nuclear Output Falls

France’s energy system is facing a tight period this evening as low nuclear availability drives up power prices.

Economy Bloomberg
SocGen Says Higher Yields May Put AI Debt Capex at Risk

Kokou Agbo-Bloua, global head of economics, cross-asset and quant research at Societe Generale Corporate and Investment Banking, discusses the rising 10-year Treasury yield and its …

Economy Bloomberg
Essity Said to Prep for Tissue Exit With Sale, Listing on Table

Essity AB is preparing to kick off the sales process for its consumer tissue business as soon as next month, according to people familiar with …

Economy Bloomberg
US 10-Year Yield Rises to Highest Since 2007 as Fed Looms

The 10-year US Treasury yield rose to the highest in almost two decades, the latest milestone in a bruising global bond selloff driven by booming …

Economy Bloomberg
Tata Group Stocks Rise on Optimism Over Holding Company IPO

Tata Group stocks gained following Indian banking regulator’s refusal to exempt the conglomerate’s holding company Tata Sons Pvt. from a rule that requires it go …

Economy Bloomberg
Japan’s 20-Year Bond Sale Demand Stronger Than 12-Month Average

Japan’s 20-year government bond auction Tuesday saw stronger demand than the 12-month average as elevated yields underpinned buying.

Economy Bloomberg
Indian Bonds Sink on Central Bank Debt-Sale Plan, Global Selloff

Indian bonds declined after the central bank said it would sell sovereign notes to drain cash from lenders, adding to the supply of debt in …

Economy Bloomberg
Bourses and Brokers May Win From India’s Proposed Auction Revamp

Stock exchanges and brokers may be among the biggest beneficiaries of the Securities and Exchange Board of India’s proposed changes to the newly launched closing …

Economy Bloomberg
Latest Oil Market News and Analysis for Sept. 15

Oil rose as traders assessed risks for supplies from the Middle East and Russia.

Economy Bloomberg
Teva CEO on Shares Trading Directly on the NYSE

Teva Pharmaceuticals President & CEO Richard Francis, discusses why Teva chose to make the change now and what will be different for investors as the …

Economy Bloomberg
Canada Prime Minister Mark Carney Courts World’s Top Investors at Toronto Summit

Canada Prime Minister Mark Carney is gathering some of the world’s top investors Monday night and Tuesday as he seeks to attract more investment into …

Economy Bloomberg
Lincoln Center Kicks Off Fall Season

The Lincoln Center in NYC has welcomed 600,000 new audience members in the years since the COVID-19 pandemic, offering free of low-cost performances to attract …

Economy Bloomberg
Global Impact of AI 'Apocalypse'

A new Bloomberg Economics report estimates that advanced economies have 27% of employment meaningfully exposed to the first-order effects of AI. Chief Economist Tom Orlik …

Economy Bloomberg
Boomer Candy Leads To Boomer Cavities: Huszczo

Sam Huszczo, founder & CIO of SGH Wealth Management, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss how investors might be …

Economy Bloomberg
Citadel Securities Sees Europe Bond Yields Capped by Weak Growth

The energy shock and central bank tightening that have driven European bond yields higher could ultimately put a lid on them by weakening the region’s …

Economy Bloomberg
All Eyes on Warsh as Rate-Hike Fever Spreads Across G7

Central banks from much of the Group of Seven face a pivotal week as mounting inflation risks heap pressure on them to raise interest rates. …

Economy Bloomberg
Rig at Citadel’s Miami Construction Site Falls; Injures Four

A rig collapsed in Miami’s financial district at the construction site of Citadel’s new headquarters, crushing several cars and snarling traffic.

Economy Bloomberg
US 10-Year Breaches 5% as Inflation, Supply Worries Mount

An intensifying selloff in Treasuries pushed the US 10-year yield above 5% for the first time since 2023, as mounting inflation concern collided with swelling …

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