Archive

French Budget Endgame Means Stress Test for Stocks and Bonds

Investors who have endured 18 months of underperformance in French stocks and bonds are about to get another dose of political gamesmanship that threatens to worsen matters.

Investors who have endured 18 months of underperformance in French stocks and bonds are about to get another dose of political gamesmanship that threatens to worsen matters.

Elon Musk’s X fined €120mn by EU for transparency violations

Penalty under bloc’s Digital Services Act risks escalating tensions with US government.

Penalty under bloc’s Digital Services Act risks escalating tensions with US government

Bank of England Initiates Systemic Stress Test for Private Equity and Private Credit Sectors

The Bank of England (BoE) has launched a stress test to evaluate the resilience of the private equity and private credit sectors against significant financial shocks. Major firms such as Apollo, Bain Capital, and Blackstone are among the participants in this voluntary exercise, which is expected to yield a comprehensive report by early 2027.

KKR Expands Middle Eastern Footprint with New Abu Dhabi Office and $2 Billion Investment Initiative

KKR has launched a new office in Abu Dhabi to bolster its investment strategy in the Middle East, deploying around $2 billion in the region over the past ten months. This move reinforces KKR's long-term ambitions as it seeks to capitalize on economic diversification and privatization efforts in Gulf countries.

Musk’s X Fined €120 Million by EU in First Content-Law Penalty

Elon Musk’s X social network was slapped with a lower-than-expected €120 million ($140 million) fine for violating the European Union’s controversial content-moderation law, in a move still set to raise tensions with the White House over free speech and tech regulation.

Elon Musk’s X social network was slapped with a lower-than-expected €120 million ($140 million) fine for violating the European Union’s controversial content-moderation law, in a move still set to raise tensions with the White House over free speech and tech regulation.

Musk’s X Fined as EU Escalates Free-Speech Clash With US

Elon Musk’s X social network was slapped with a lower-than-expected €120 million ($140 million) fine for violating the European Union’s controversial content-moderation law, in a move still set to raise tensions with the White House over free speech and tech regulation.

Elon Musk’s X social network was slapped with a lower-than-expected €120 million ($140 million) fine for violating the European Union’s controversial content-moderation law, in a move still set to raise tensions with the White House over free speech and tech regulation.

Trump’s World Cup Welcome Is Undercut by His Migrant Crackdown

President Donald Trump’s team is grappling with how to welcome the world for next year’s World Cup as he battles with countries — including co-hosts in Canada and Mexico — over his America First policies.

President Donald Trump’s team is grappling with how to welcome the world for next year’s World Cup as he battles with countries — including co-hosts in Canada and Mexico — over his America First policies.

Putin and Modi Deepen Their Trump-Defying Bromance

The Kremlin leader’s visit to New Delhi this week is as much about showmanship as substance.

The Kremlin leader’s visit to New Delhi this week is as much about showmanship as substance.

Rheinmetall CEO Sees High Demand for Next 10-15 Years

“We believe that demand is high for the next 10-15 years,” Rheinmetall AG Chief Executive Officer Armin Papperger tells Bloomberg’s Oliver Crook.

“We believe that demand is high for the next 10-15 years,” Rheinmetall AG Chief Executive Officer Armin Papperger tells Bloomberg’s Oliver Crook. He also says that while he wishes peace in Ukraine, it will have “absolutely zero impact” on the company’s business and the potential seizing of Russian assets in Europe could be an “accelerator” for the domestic defense industry.

Macron Says He’ll Push for EU Preference for Electric Cars

French President Emmanuel Macron said he’ll back a “European preference” for electric vehicles as Brussels draws up new proposals for the auto industry.

French President Emmanuel Macron said he’ll back a “European preference” for electric vehicles as Brussels draws up new proposals for the auto industry.

Morgan Stanley Analyst Says Buy Trustpilot After Short Attack

A Morgan Stanley analyst is urging clients to buy shares of Trustpilot Group Plc a day after the consumer-review company suffered a record share-price drop in the wake of a short-seller attack.

A Morgan Stanley analyst is urging clients to buy shares of Trustpilot Group Plc a day after the consumer-review company suffered a record share-price drop in the wake of a short-seller attack.

Fed Must Remain Independent, Goldman’s Kaplan Says

The next Fed chair must prove that they are able to balance issues and have debates without regard to political pressure and political considerations, said Robert Kaplan, Vice Chairman of Goldman Sachs and former President of the Federal Reserve Bank of Dallas.

The next Fed chair must prove that they are able to balance issues and have debates without regard to political pressure and political considerations, said Robert Kaplan, Vice Chairman of Goldman Sachs and former President of the Federal Reserve Bank of Dallas. Kaplan also spoke of the importance of investing in education and professional skills to help the US workforce adapt to an AI-enabled world. Robert spoke to Anna Edwards on "The Pulse" on Bloomberg...

Nigerian Exchange Seeks Deferment of Tax That Tanked Equities

The Nigerian Exchange seeks the suspension of a planned increase in capital gains tax that comes into effect in January due to fears it will derail the market recovery after years of unorthodox policies deterred foreign investors.

The Nigerian Exchange seeks the suspension of a planned increase in capital gains tax that comes into effect in January due to fears it will derail the market recovery after years of unorthodox policies deterred foreign investors.

Nigeria Plans to Review Capital Gains Tax That Tanked Equities

Nigeria will review a capital gains tax set to come into effect at the start of January, after stakeholders including the nation’s stock exchange called for a moratorium because of concern it will deter foreign investors.

Nigeria will review a capital gains tax set to come into effect at the start of January, after stakeholders including the nation’s stock exchange called for a moratorium because of concern it will deter foreign investors.

Turkey Plans Drone Facility in Pakistan in Global Defense Push

Turkey plans to set up a facility in Pakistan to assemble combat drones, part of Ankara’s drive to boost its defense industry in international markets, according to Turkish officials familiar with the matter.

Turkey plans to set up a facility in Pakistan to assemble combat drones, part of Ankara’s drive to boost its defense industry in international markets, according to Turkish officials familiar with the matter.

Ether vs. Bitcoin teases 170% gains as ETH price breaks 5-month downtrend

Ether price action staged a repeat of its 2021 bull market moves against Bitcoin, leading to predictions of fresh long-term highs against BTC.

Ether price action staged a repeat of its 2021 bull market moves against Bitcoin, leading to predictions of fresh long-term highs against BTC.

BofA CEO Moynihan on US Economy, Investor Day, World Cup

Bank of America Corp.

Bank of America Corp. Chief Executive Officer Brian Moynihan discusses the state of the US economy, the impact of geopolitical events on markets and business, and the bank’s commitment to London. In an interview with Bloomberg Television, he also talks about Investor Day and sponsoring the FIFA World Cup.

US national security strategy calls for ‘cultivating resistance’ in Europe

Policy document blasts traditional allies while failing to criticise Russia.

Policy document blasts traditional allies while failing to criticise Russia

India’s airports in chaos as largest airline cancels hundreds of flights

Crisis at IndiGo leaves thousands of passengers stranded.

Crisis at IndiGo leaves thousands of passengers stranded

Nobel Winner Machado May Emerge From Hiding to Collect Prize, But It’s Risky

Sleepy Oslo is bracing for the kind of impact unseen since Barack Obama rocked up to accept his unexpected Nobel Peace Prize.

Sleepy Oslo is bracing for the kind of impact unseen since Barack Obama rocked up to accept his unexpected Nobel Peace Prize. More than 15 years later, the trophy Donald Trump craves the most has been awarded to someone in deep hiding — who might just emerge to get it.