Argentina scored a major victory as a US appeals court reversed a ruling ordering it to pay $16.1 billion over the seizure more than a decade ago of state-run oil company YPF SA.
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Argentina scored a major victory as a US appeals court reversed a ruling ordering it to pay $16.1 billion over the seizure more than a decade ago of state-run oil company YPF SA.
‘Time is running out’: For years, parents have struggled under the weight of the loans they took on to help their kids pay for college. It’s about to get worse, advocates warn.
Geopolitical risks are rising as the Iran conflict threatens global markets. Bloomberg economist Stuart Paul and Marko Papic of BCA join Bloomberg Open Interest to break down the scenarios, including "kinetic equilibrium" where tensions persist but oil keeps flowing. Meanwhile, higher energy prices are hitting consumers and slowing growth, with China emerging as a key player in shaping the outcome. (Source: Bloomberg)
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
Investors are grappling with sharp divergence across the Gulf's markets, as the Iran conflict drives asset volatility in the region.
India will borrow 8.2 trillion rupees ($86.5 billion) in the first half of the financial year beginning April 1, around half of the amount scheduled for the full 12-month period, the government said in a statement Friday.
Angola will use a fifth of the funds raised in a eurobond sale this week to buy back debt maturing in 2028, with the remainder to be allocated to government spending, Finance Minister Vera Daves de Sousa said.
Sony, like other console makers, is contending with surging memory chip prices which have forced the company to raise prices.
Software firm Visma AS will delay its plans for an initial public offering to next year, according to people familiar with the matter.
Charles Schwab has a new teen account that is jointly owned by the child and their parent — but, unlike traditional custodial brokerage accounts, it is controlled by the teen.
Dubai in the UAE has been the biggest driver of growth in recent years, and the Middle East tensions come at a critical time in the luxury industry.
US leveraged loans are on track to outperform junk bonds this month by the most in two and a half years, as some borrowers have shifted debt financing to loans while markets are roiled by conflict in the Middle East.
“I know my information is on the dark web, and I have taken steps to be cautious.”
US consumer sentiment slid to a three-month low in March and year-ahead inflation expectations jumped as the war in the Middle East drives up gasoline prices.
The experimental drug reduced flare-ups for patients with chronic obstructive pulmonary disease, Astra said Friday.
Funding for the Department of Homeland Security lapsed in February, leading to chaos at airports.
Oaktree Capital Management is meeting all redemption requests for its $7.7 billion private credit fund, allowing investors to take out 8.5% of net assets. Dana El Baltaji has more on "Bloomberg Open Interest." (Source: Bloomberg)
US stocks could fall as much as 10% if oil prices remain elevated for several months, a scenario that risks derailing the retail-driven “buy-the-dip” dynamic that has supported markets in recent years, according to Guggenheim Partners Investment Management.
A key proxy adviser firm recommended Eldorado Gold Corp. investors vote against its C$3.8 billion ($2.7 billion) bid for Foran Mining Corp., the latest roadblock after Eldorado’s third-largest shareholder called the takeover too expensive.
A Dutch court issued a $115,000 penalty for every day xAI fails to remove non-consensual AI-generated nude images created by its chatbot Grok.
The United Arab Emirates has been ramping up oil exports from a vital port that lies outside the Strait of Hormuz, after some of the biggest crude loading infrastructure resumed operations following Iranian drone strikes earlier this month.
Infiniti is releasing a new midsize SUV, the QX65, in an effort to turn around sales in the U.S. market.
The Nasdaq 100 Index fell into a correction territory on Friday amid a deepening slump in the shares of technology giants that have powered the bull market for most of the past three years.
Exports to Iran and other countries in the MiddleEast are big business in China, Bloomberg Opinion columnist Shuli Ren explains. (Source: Bloomberg)