UK 'not supporting' U.S. Iran blockade as France's Macron confirms 'multinational' talks on the Strait of Hormuz
President Donald Trump had signaled that other countries would help the U.S. in its blockade.
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President Donald Trump had signaled that other countries would help the U.S. in its blockade.
A strategist argues Viktor Orban’s defeat was against the prevailing trend, but the Iran war will cement a new global regime of deglobalization, state expansion and stubborn inflation.
A strategist argues Viktor Orbán’s defeat was against the prevailing trend, but the Iran war will cement a new global regime of deglobalization, state expansion and stubborn inflation.
Aliko Dangote plans to offer shares in his oil-refining company on multiple African stock exchanges, according to the head of the Nairobi Securities Exchange Plc.
Accelerating earnings are protecting the S&P 500 from deeper losses and masking a broader pullback in US equities, according to strategists at Morgan Stanley.
Accelerating earnings are protecting the S&P 500 from deeper losses and masking a broader pullback in US equities, according to strategists at Morgan Stanley.
Oil surged back above $100 a barrel while stocks and bonds fell after President Donald Trump ordered a blockade of the Strait of Hormuz following the weekend’s deadlock in US-Iran peace talks. Traders are bracing for another week of headline-driven volatility, with the flow of oil and gas through the Hormuz strait in focus as Trump’s restrictions on vessels calling at Iranian ports threaten to deepen a global energy shock. Even so, the relatively limited pullback in riskier assets suggested investors remain cautiously optimistic that a resolution could still be reached to end the conflict. 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)
Leo, the first U.S.-born pope who hails from Chicago, has condemned Trump's war effort with Iran.
“Right now, we only see our kids (ages 5 and 2) awake for about 90 minutes a day.”
Miami’s Mandarin Oriental ended a 25-year run with a planned implosion over the weekend that took less than a minute. From the rubble will rise a $1 billion luxury project fueled by the city’s wealth boom.
The 20 wealthiest clans in Asia are now worth a collective $647 billion. Even as fears of an AI bubble grow, families behind companies like Samsung to Ambani’s Reliance are profiting from it. (Source: Bloomberg)
The Philippines is removing excise taxes on kerosene and liquefied petroleum gas to curb food inflation, President Ferdinand Marcos Jr. said Monday.
Floods in western Angola forced the suspension of rail traffic in the Lobito Corridor, disrupting a key route for exports of critical minerals from central Africa.
The US is opposing the Adani Group’s attempt to shift cargo carriers to its new airport outside Mumbai, people familiar with the matter said, in a dispute that underscores concerns about the conglomerate’s growing control over India’s aviation infrastructure.
The US is opposing the Adani Group’s attempt to shift cargo carriers to its new airport outside Mumbai, people familiar with the matter said, in a dispute that underscores concerns about the conglomerate’s growing control over India’s aviation infrastructure.
Here's how news of a US Navy blockade affected the movement of three ships in the Strait of Hormuz. Blloomberg's David Ingles reports. (Source: Bloomberg)
China’s credit expansion slowed more than expected in March from a year earlier, as continued weakness in household and business demand weighs on financing activities.
China’s credit expansion slowed more than expected from a year earlier, as continued weakness in household and business demand holds back borrowing.
West Texas Intermediate and Brent crude both climbed above $100 a barrel on Monday after a breakdown in talks between the U.S. and Iran over the weekend.
West Texas Intermediate and Brent crude both climbed above $100 a barrel on Monday after a breakdown in talks between the U.S. and Iran over the weekend.
A country whose economy is growing faster than those of its peers would typically see its currency strengthen. India has been expanding more quickly than most other Asian economies, including manufacturing powerhouse China, yet the rupee has fallen in value every year since 2018.
In February, the company said it would make London its largest research hub outside of the U.S.
Any investor who has a time horizon of at least three months should use any weakness in stocks to buy, says a new research note from JPMorgan strategists.
Pop diva Mariah Carey is selling her longtime New York City penthouse for $27 million—24 years after it was featured in a now-infamous episode of “MTV Cribs.”
The leader of South Africa’s second-biggest party warned the country faces “profound risk” as factions within the ruling ANC battle over its next president. Newly elected Democratic Alliance leader, Geordin Hill-Lewis, spoke to Bloomberg's Joumanna Bercetche from Johannesburg. (Source: Bloomberg)