Speaking in Brussels on Thursday, French President Emmanuel Macron said the European Union needs to increase its defense capabilities and "we need to build, in the next few years, autonomous defense capabilities for Europeans." EU leaders are in the Belgian capital for an emergency summit, where they're discussing aid for Ukraine and a security proposal from the European Commission to mobilize additional funds for defense investment. (Source: APTN)
Texas is expanding its role in next year’s FIFA World Cup beyond hosting matches in Houston and Dallas. In addition, Dallas will be home to the International Broadcast Center and 2,000 members of the media. Dan Hunt, co-chair of the North Texas organizing committee for the World Cup and president of FC Dallas, joined Bloomberg Television to discuss the latest announcement.
US officials are searching across oceans to find enough eggs to ease a shortage that’s sent prices soaring, forcing grocery stores to limit customer purchases and restaurants to add surcharges.
Bank of America Chair and CEO Brian Moynihan says the consumer is still spending and the Federal Reserve is done cutting rates until inflation is under control during an interview on "The Asia Trade." (Source: Bloomberg)
Asian stocks followed US equities lower as continual shifts in US President Donald Trump’s approach to tariffs on trade partners whipped up market uncertainty and dented confidence in the economic outlook.
Bain Capital and CC Capital each increased their takeover offers for Insignia Financial Ltd., as the bidding battle for the Australian financial services firm ramped up. The stock surged as much as 14%.
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 Bailey Lipschultz, Bloomberg News, Sunaina Sinha, Raymond James, Damien Dwin, Lafayette Square, Tobias Meyer, DHL CEO, Andy Blocker, Invesco, President Donald Trump, Stacy Rasgon, Bernstein Research, Ari Wald, Oppenheimer & Co, Chris Palmeri, Bloomberg News, Ben Weiss, Syntilay & Joe Foster, Reebok Co-Founder, Nina Trentmann, Bloomberg News, Debra Lee, Former BET CEO, Anna Wong, Bloomberg Economics. (Source: Bloomberg)
The worst may be over for traders grappling with tight cash conditions in China’s banking system, as the yuan’s rebound and Beijing’s ambitious growth target pave the way for a liquidity boost from the central bank.
Oil was on track for the biggest weekly decline since October as US President Donald Trump’s on-off tariffs against major trading partners injected volatility and uncertainty into global markets.
Walmart Inc. has asked some Chinese suppliers for major price reductions, with the US retail giant’s efforts to shift the burden of President Donald Trump’s tariffs facing strong pushback from firms in the Asian nation, according to people familiar with the matter.
JPMorgan Chase & Co. is rejigging its equity capital markets leadership by changing its head of Australia equity capital markets and appointing a new head of Southeast Asia in this area.
Donald Trump’s push to restrict US investments in China is testing what in theory should be an ironclad financial relationship — the tight link between Chinese shares trading in New York and Hong Kong.
As about two dozen crypto-industry executives head to the White House for a summit on Friday, President Donald Trump has a gift ready for them: An executive order calling for the creation of a Strategic Bitcoin Reserve and a separate stockpile of other digital assets.
Nina Trentmann, Bloomberg News speaks with Romaine Bostick and Scarlet Fu about US executive sentiment on the Trump administration. Tariffs and inflation are the biggest concerns. (Source: Bloomberg)
Shares in PolyNovo Ltd. tumbled on Friday after the Australian medical firm said it asked Chief Executive Officer Swami Raote to step down from his role.
A cyclone approaching Australia’s third-largest city Brisbane — the region’s first in more than 50 years — is already causing mayhem before it makes landfall, with gale force winds downing power lines and cutting electricity supply to thousands of homes.
Dai-ichi Life Holdings Inc. said a US subsidiary agreed to transfer insurance blocks totaling about $9.7 billion in policy reserves to a reinsurance firm to improve earnings.
Canada’s convenience store and gas station operator Alimentation Couche-Tard Inc. says it has held “exploratory discussions” with buyers for any US stores that would need to be divested to secure regulatory approval for a potential takeover of Japanese rival Seven & i Holdings Co.
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