Lucid Group Inc. named a new chief executive officer and announced $750 million of fresh investment from its two biggest backers, moves to shore up its operations as the electric-vehicle maker approaches a crucial production stretch.
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Lucid Group Inc. named a new chief executive officer and announced $750 million of fresh investment from its two biggest backers, moves to shore up its operations as the electric-vehicle maker approaches a crucial production stretch.
Republicans are trying to defend a razor-thin majority in the House and are running on tax policies passed last year.
Hype around Elon Musk, a major moon mission and space-based data centers is driving interest in the sector.
ActBlue, which raises small-dollar donations for Democrats and their causes, reported record first-quarter fundraising for a midterm election year.
JPMorgan Chase pulled in $11.6 billion in trading revenue in the first quarter, up 20% from a year earlier. Record stock-trading results boosted the total past the firm’s previous record by almost $2 billion. Dani Burger reports on Bloomberg Television. (Source: Bloomberg)
Global investors grappling with the fallout from the Iran war have slashed their expectations for economic growth by the most in four years, according to the latest Bank of America Corp. survey of fund managers.
Global investors grappling with the fallout from the Iran war have slashed their expectations for economic growth by the most in four years, according to the latest Bank of America Corp. survey of fund managers.
The world’s biggest asset manager beat earnings forecasts after a surge into its exchange-traded funds
Citigroup and BlackRock Investment Institute have both turned bullish on U.S. stocks. They say tech dominance is a part of that.
JPMorgan will give investors a view into how consumers and corporations fared at the start of this year as a trio of concerns weighed on markets.
Somalian lawmakers failed to elect a new president as the parliament’s current term came to an end on Tuesday, creating fresh uncertainty in the Horn of Africa nation that’s suffered years of political instability.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Paul Skinner, Investment Director at Wellington Management, Matteo Del Fante, Chief Executive of Poste Italiane & Emile Hoyakem, Director of Regional Security and Senior Fellow for Middle East Security at the International Institute for Strategic Studies Correct: On-screen graphic edited at 15:42 to reflect correct figure for Poste Italiane's bid (Source: Bloomberg)
Czech Prime Minister Andrej Babis took a swipe at the central bank’s monetary policy, saying current interest rates hinder lending activity despite low inflation.
Stocks rose and oil declined as Iran and the US consider another round of peace talks, boosting expectations for a longer-term ceasefire in the Middle East. The US and Iran are weighing negotiations to extend a two-week ceasefire as Trump presses ahead with a naval blockade to curb the Islamic Republic’s oil exports. The objective is to hold fresh discussions before the truce expires, according to people familiar. Traders are also focused on first-quarter earnings at a time when the war in the Middle East is weighing on the outlook for the economy. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
Emerging-market stocks moved closer to wiping out their losses since the start of the Middle East war, as speculation of further peace talks between the US and Iran lifted investor sentiment.
Italian Premier Giorgia Meloni said it was too early to consider tapping Russian gas despite the Iran war driving up energy prices and squeezing supply.
French President Emmanuel Macron and British Prime Minister Keir Starmer will host a videoconference from Paris on Friday with countries willing to help restore free transit through the Strait of Hormuz.
As efforts to reach a lasting settlement have so far proved unsuccessful, one Harvard academic estimates the total could end up far higher than was promised.
Lebanon is set to begin US-hosted negotiations with Israel in an effort to pause a war with Hezbollah. Bloomberg’s Dana Khraiche reports. (Source: Bloomberg)
Bond investors are piling into debt sales from the UK sovereign to lender Mitsubishi UFJ Financial Group Inc, lured by attractive yields that could soon fall back if the Middle East war comes to an end.
The UK sold 10-year bonds at the highest yield since the global financial crisis, drawing in record numbers of buyers keen to lock in returns that may fall back if the Middle East war comes to an end.
An attacker opened fire at a high school in Turkey’s southeast, wounding 16 people before dying by suicide.
BlackRock Inc. took in a net $130 billion of client cash in the first quarter, with investor money continuing to pour in despite volatility in the public and private markets and protracted uncertainty over the war in Iran.
BlackRock Inc. took in a net $130 billion of client cash in the first quarter, with investor money continuing to pour in despite volatility in the public and private markets and protracted uncertainty over the war in Iran.