Petron Corp., the Philippines’ only refiner, has procured 2.48 million barrels of crude oil from Russia as the Southeast Asian nation scours the world for alternative suppliers to support domestic energy needs with the war in Iran raging.
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Petron Corp., the Philippines’ only refiner, has procured 2.48 million barrels of crude oil from Russia as the Southeast Asian nation scours the world for alternative suppliers to support domestic energy needs with the war in Iran raging.
After after the US captured Venezuelan President Nicolas Maduro, Signum Global Advisors chairman and founder Charles Myers saw a potential investment opportunity for a country under new leadership. He joins David Gura and Christina Ruffini this morning on Bloomberg This Weekend to discuss his trip to Venezuela and what came of his on-the-ground investigation. Watch the full interview on Bloomberg This Weekend and watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
Social media has turned niche foods into global sensations at unprecedented speed, sending demand for products like matcha, ube, acai and Dubai chocolate far beyond their traditional markets. Cornell professor Miguel Gomez says influencers can create demand spikes that supply chains struggle to meet, exposing farmers and producers to volatility and quality risks. In matcha, the surge has been especially intense: Matchaful founder Hannah Habes says demand has accelerated so quickly that shortages and rising prices have become hard to avoid, while retailers like Meadow Lane in New York are now treating sourcing as part of the product itself. As Scarlet Fu reports, viral food trends are reshaping not just what consumers want, but how global supply chains are forced to respond. (Source: Bloomberg)
Bloomberg News Oil Strategist Julian Lee and BloombergNEF, Oil & Chemicals Analyst Philip Geurts join David Gura and Christina Ruffini this morning on Bloomberg This Weekend to discuss how high record high oil prices will soon impact other commodities - like plastic. Watch the full interview on Bloomberg This Weekend and watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
As the Iran war heads into a fifth week, Wall Street bank strategists have been touting trades that would pay off if a stock-market selloff is slow and steady.
The sportswear giant has been trying to focus more on the needs of athletes, but analysts say new products aren’t catching on.
“We’re both concerned about the accuracy of our returns.”
Companies are expanding employee benefits to cover a wide variety of caregiving needs, including back-up care for children, aging parents, and pets.
The war in Iran remains the biggest market driver. But a fresh batch of jobs data and earnings from Club name Nike matter, too.
President Trump's plan to ban big investors from home ownership may not be the key to reviving the American Dream in affordable housing legislation.
U.S. pharmaceutical giant Eli Lilly will give Hong Kong-listed Insilico $115 million upfront to bring some of its AI-discovered drugs to the global market.
President Donald Trump has said this will be the "largest tax refund season of all time," as a result of his "big beautiful bill." Here's what the megabill means for taxpayers.
Early last Monday, a burst of concentrated trades set off a week in which Wall Street and Washington were abuzz about the possibility that insiders have been using early knowledge of President Donald Trump’s decision making on Iran to lock in big profits.
Parents today try to raise their children for good grades and high achievement. But that's not what we should be focusing on, says child psychologist Reem Raouda, who has studied over 200 kids. She shares the most important skill parents are forgetting to teach today.
Bloomberg Anchor of Horizons Middle East & Africa Joumanna Bercetche and Nancy Youssef, Staff Writer at The Atlantic, join David Gura and Christina Ruffini this morning on Bloomberg This Weekend for a wide-ranging conversation on the United States' military posture in the Middle East and the strategic implications and the risks of becoming bogged down in protracted military engagement. Watch the full interview on Bloomberg This Weekend and watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
Energy markets are starting to reflect the growing risk of physical supply disruptions.
A small cargo of Saudi crude is heading to Pakistan after crossing the Strait of Hormuz along a route hugging the Iranian coastline. A total of seven vessels were visible leaving the Persian Gulf on Saturday.
With emerging markets on the brink of their worst month since 2022, TT International and AllianceBernstein are making a bold wager that this is a good time to buy.
These stocks that pay dividends consistently have the ability to generate long-term capital appreciation.
As homeownership drifts further out of reach, governments are looking for new ways to help first-time buyers come up with the money. In Australia, economist Saul Eslake argues that letting buyers tap retirement savings or reduce down payments only puts more upward pressure on prices. In Singapore, economist Sumit Agarwal points to a very different system: mandatory savings there can be used for housing, but steep taxes discourage buying second and third homes. Through the experiences of first-time buyers Jordan Davies in Melbourne and Jeff Chie in Singapore, the story explores whether easier access to capital really helps people buy homes or simply makes housing even more expensive. (Source: Bloomberg)
Meta's two courtroom defeats centered on different cases but both involved allegations that the company knew about its products' harms.
Some rare Pokémon cards are fetching huge prices and yielding better returns than the S&P 500.
Aluminium Bahrain, or Alba, hosts the world's largest smelter and the attack adds to the pressure on global supplies of the metal.
Aluminium Bahrain, or Alba, hosts the world's largest smelter and the attack adds to the pressure on global supplies of the metal.
Lenders in India are urging the central bank to relax tighter rules for foreign-exchange transactions, which came as bets that could exert strain on the rupee climbed to at least $30 billion, according to people familiar with the developments.