Global funds are dumping Indian equities at a record clip as an energy shock from the US-Iran war threatens to derail the outlook of the world’s fastest-growing major economy.
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Global funds are dumping Indian equities at a record clip as an energy shock from the US-Iran war threatens to derail the outlook of the world’s fastest-growing major economy.
IOI Properties Group Bhd. plans to establish a real estate investment trust holding its retail, hotel, and office assets, followed by a listing that could raise about 1.98 billion ringgit ($500 million) for the Malaysian developer.
Rep. Don Beyer said "President Trump is focused on a taxpayer-funded vanity project that would choke traffic, block our skyline, and tower over sacred ground."
Kalshi Inc. won a temporary reprieve from criminal prosecution in Arizona when a judge suspended the case at the behest of a federal regulator.
“Right now, we only see our kids (ages 5 and 2) awake for about 90 minutes a day.”
Police arrested a suspect at OpenAI's headquarters for allegedly threatening arson after an attack on CEO Sam Altman's home.
This week, Richard Haass of Centerview Partners on what to expect out of US-Iran peace talks. Plus, why Gulf states are begging Trump not to end the Iran war early and how the conflict could hit consumers, from gas prices to interest rates. And, former Canadian Finance Minister Chrystia Freeland warns of stagflation, a food crisis, and the growing strain on the US-led global order as finance leaders gather in Washington at the annual World Bank-IMF meetings. Later, how China quietly built a monopoly on the minerals that power modern life, and why American innovators think they can still leapfrog Beijing. (Source: Bloomberg)
Tiger Global has agreed to invest in PopUp Bagels at a $300 million valuation, according to people familiar with the matter — roughly five times what the startup was quoted at as recently as five months ago.
Musk's xAI, now owned by SpaceX, faces a legal challenge from environmental groups opposed to a massive power plant in Mississippi.
The US is expected to hold talks with Iran in an effort to reach an agreement, but former Council on Foreign Relations president Richard Haass of Centerview Partners warns that we should not expect too much, and that the war shows just how much leverage Iran has. (Source: Bloomberg)
"The idea that everything will finally go right in the Middle East seems like a real stretch to me," Cramer said.
The Federal Reserve is asking major US banks for details about their exposure to private credit following a surge in redemptions from the funds and a rise in troubled loans in the industry, according to people with knowledge of the matter.
Former NFL player and Super Bowl Champion Reggie Bush and United Athletes Tour CEO Len Brown discuss launching UAT, a competitive premiere golf league aimed towards former and current athletes. They talk with Katie Greifeld and Randall Williams for "The Close." (Source: Bloomberg)
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Federated Hermes’ RJ Gallo, Barclays’ Jon Hill, Goldman Sachs’ Alex Blostein, Fmr. Nato Supreme Allied Commander Gen. Wesley Clark (Ret.), Gabelli Funds’ Macrae Sykes, Envestnet’s Dana D’Auria, 22V Research’s Kim Wallace, Carbone Fine Food Co-Founder Mario Carbone, Magnolia Bakery CEO Nathan Louer, & Former Super Bowl Champion Reggie Bush & United Athletes Tour CEO Len Brown. (Source: Bloomberg)
Most advisory firms’ $500,000 or $1 million thresholds are actually just branding tools. Here’s how to tell if you’re actually a good fit for their services.
Rep. Don Beyer said "President Trump is focused on a taxpayer-funded vanity project that would choke traffic, block our skyline, and tower over sacred ground."
One flier told MarketWatch that a fellow passenger sprayed them with perfume. She contacted the airline’s CEO.
When the conflict with Iran started, some of the first headlines we saw had to do with shipping insurance. Marine insurers were said to be cancelling war risk coverage for vessels going through the Strait of Hormuz. Premiums were said to surge. Meanwhile, the Trump administration announced it would offer its own insurance for ships traversing the Gulf, in an effort to get things moving again. So why is insurance such a crucial part of maritime trade? And how does the system actually work? In this episode, we speak with Dorothea Ioannou, CEO of the American P&I Club, and Steven Ogullukian, the club's reinsurance director. We talk about the different roles of insurers, reinsurers, insurance clubs, and why ships need to have separate coverage for things like war, liability and hull loss. (Source: Bloomberg)
Companies and investors can expect a painful transition — and the economy will be impacted as well.
Bessent and Fed Chair Jerome Powell separately met with the heads of the biggest U.S. banks to address the potential cyber threat of Anthropic's Mythos.
Bitcoin’s relative strength on Friday may offer a bullish clue for battered software shares — that is, if a past relationship still holds.
As war in Iran crimps global oil supplies, it is hitting a range of other commodities and promising to remake global supply chains.
Rep. Don Beyer said "President Trump is focused on a taxpayer-funded vanity project that would choke traffic, block our skyline, and tower over sacred ground."
Bloomberg's Jeff Mason said that the bar for success in this weekend's peace talks between the US and Iran, is that both parties stay at the table and they don't 'fail,' potentially ending the tenuous two-week ceasefire. Mason said that Israel's strikes on Lebanon and oil flow through the Strait of Hormuz are the key hurdles as the two countries try to negotiate a longer term deal. (Source: Bloomberg)