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Brookfield Asset Management has finalized a deal to buy a portfolio of rental housing from Blackstone Inc. for over €1 billion ($1.1 billion), the largest real estate transaction in Europe since the US and Israel launched their attack on Iran.
Asia-Pacific markets largely fell on Tuesday as investors assesed Mideast conflict and volatile crude oil prices.
Anna Edwards, Lizzy Burden and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Europe is racing to create the infrastructure needed to power the AI boom.
Malaysian tankers allowed to sail through the Strait of Hormuz won’t be subject to a toll imposed by Iran, according to Transport Minister Anthony Loke.
Sharon Bell, senior European equity strategist at Goldman Sachs, says the Iran war will continue to have a negative economic impact even if there's a fast resolution. "You'll still see people seeing higher energy costs, etc., and therefore lower confidence and low growth," Bell tells Bloomberg Television. "PMI surveys, for example, have already started to come down. So I think there's already been damage. It's really a case of how permanent that is or not. (Source: Bloomberg)
US gasoline topped $4 a gallon for the first time since August 2022, one of the most high-profile reminders to date that even the world’s largest economy is feeling the impact of a deepening conflict in the Middle East.
US gasoline climbed above an average of $4 a gallon for the first time since August 2022, one of the most visible measures of consumer pain in the world’s largest economy resulting from the war in Iran.
A Saudi chemical plant that’s a joint venture between Saudi Aramco and Dow Chemical Co. halted production, as the Middle East conflict disrupts supply chains and energy operations in the region.
One of the world’s largest petrochemical facilities in Saudi Arabia halted production as the Middle East conflict disrupts supply chains and energy operations in the region.
Families are feeling the financial impact from the U.S. war with Iran as gasoline prices surge.
The English Schools Foundation, one of the largest education groups in Hong Kong, is looking for an investment advisor to help manage its endowment, according to people familiar with the matter.
Jordan Rochester earned the nickname “Mr. Brexit” for his prodigious market insights on the UK’s split from the European Union. Almost a decade later, his quick thinking as hostilities erupted in the Middle East has spurred another slew of profitable trading ideas.
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, the Wall Street Journal reporting that Donald Trump told aides he’s willing to end military operations in Iran even if the Strait of Hormuz remains largely closed. Iran struck a fully laden Kuwaiti oil tanker in the anchorage area of Dubai’s port, damaging the hull and starting a fire on board that was later extinguished. Tehran is said to be pushing the Houthis to prepare for a renewed campaign against Red Sea shipping should US attacks escalate. Today's guests: Sonja Marten, Chief Economist at DZ Bank. (Source: Bloomberg)
Unilever Plc will freeze hiring globally for three months as it grapples with higher costs due to the Iran war.
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President Donald Trump reportedly tells aides he is willing to end the US military campaign against Iran, even if the Strait of Hormuz remains largely closed. Also on the show: Kuwait's state-run oil company says Iran has hit a fully-laden tanker ship off Dubai; European officials say Iran is pushing Yemen-based Houthis to prepare for a renewed campaign against Red Sea shipping; fallout from Iran war now hitting African economies; aluminum heading for biggest monthly gain in nearly two years. Guests include: Anita Krishna Gupta, Wealthbrix Capital Partners, CIO; Sasha Foss, CSC Commodities - Marex, Energy Analyst. (Source: Bloomberg)
Oil prices fell on Tuesday as U.S. President Donald Trump reportedly expressed willingness to end the military hostilities against Iran even if the Strait of Hormuz remains largely shut.
Oaktree Capital Management-backed 17Capital LLP raised about $7.5 billion for its latest net-asset-value loan fund.
The US and Israeli war against Iran could wipe out nearly $200 billion worth of economic growth across the Middle East, a new United Nations study found.
The US and Israeli war against Iran could wipe out nearly $200 billion worth of economic growth across the Middle East, a new United Nations study found.
Ust-Luga, Russia’s key oil export port on the Baltic coast, sustained further damage following an overnight drone attack as Ukraine has intensified strikes on Russian energy infrastructure.
Ust-Luga, Russia’s key oil export port on the Baltic coast, sustained further damage following an overnight drone attack as Ukraine has intensified strikes on Russian energy infrastructure.
Australia has decided to boost pay for over half a million young workers, as the government tries to help people cope with the rising cost of living.
