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Islamic crypto safer and reliable: study
Asset-backed structures of such digital assets reduce volatility, speculation
JPM's Michele: See Growth Slowdown, But Not Recession Amid $100 Oil
Bob Michele, JPMorgan Asset Management Global Head of Fixed Income, joins Bloomberg Surveillance to discuss current macroeconomic conditions amid the backdrop of the Iran war, as Federal Reserve officials voice growing concern over potential fallout. "At these levels, there's no obvious solution," M...
Cheshire constabulary rejects criticism by David Davis over Letby investigation
Force issues strongly worded rebuttal after Tory former cabinet minister alleges ‘egregious failures’ in call for reviewThe police force that conducted the investigation into Lucy Letby has made a strongly worded public statement rejecting criticism after David Davis called in parliament for a revie...
War shakes global luxury market
Middle East conflict wipes out $100 billion from high-end brand stocks
Chhattisgarh offers incentives up to 200% of investment to boost textile, garment manufacturing
The parks offer plots ranging from 0.3 to 10 acres and are equipped with reliable power and water supply and common effluent treatment facilities.
Treasury Yields Reach Year’s Highs as Iran Stalemate Lifts Oil
Treasuries fell, lifting benchmark yields to the highest levels this year, as oil prices resumed the advance unleashed by the US war on Iran, which is entering its fifth week.
Why a Major Clean Energy Firm Chose Brookfield Over Staying Public
Also: BMO hires new equities leader from CIBC
Ethiopia Signs $13.1 Billion of Energy, Mining Investment Deals
Ethiopia has signed $13.1 billion of investment deals spanning renewable energy, manufacturing, real estate, mining and green ammonia, according to the government.
Carnival Cuts Profit Outlook as Iran War Pushes up Fuel Cost
Carnival Corp. cut its full-year profit outlook as surging crude prices are driving up fuel costs.
US Consumer Sentiment Slips to a Three-Month Low
The University of Michigan’s final March consumer sentiment index fell to 53.3 from a preliminary reading of 55.5, according to a report released Friday. The survey period includes responses from Feb. 17 to March 23, with about two-thirds of those collected after the Iran war began. Mike McKee repor...
Argentina Wins Reversal of US Decision in YPF Case on Appeal
Argentina scored a major victory as a US appeals court reversed a ruling ordering it to pay $16.1 billion over the seizure more than a decade ago of state-run oil company YPF SA.
How the Iran Conflict Impacts the Global Economy
Geopolitical risks are rising as the Iran conflict threatens global markets. Bloomberg economist Stuart Paul and Marko Papic of BCA join Bloomberg Open Interest to break down the scenarios, including "kinetic equilibrium" where tensions persist but oil keeps flowing. Meanwhile, higher energy prices...
Stocks slump 2 per cent, rupee breaches 94/$ as foreign investors rush out
India to Borrow 8.2 Trillion Rupees in First-Half of Next Fiscal
India will borrow 8.2 trillion rupees ($86.5 billion) in the first half of the financial year beginning April 1, around half of the amount scheduled for the full 12-month period, the government said in a statement Friday.
Angola to Use $500 Million of Eurobond Proceeds for Debt Buyback
Angola will use a fifth of the funds raised in a eurobond sale this week to buy back debt maturing in 2028, with the remainder to be allocated to government spending, Finance Minister Vera Daves de Sousa said.
The hidden educational cost of the oil crisis
For many students, faculty, the digital experience is a fragmented mess of lagging audio and dropped connections
US Consumer Sentiment Slips as Inflation Outlook Worsens
US consumer sentiment slid to a three-month low in March and year-ahead inflation expectations jumped as the war in the Middle East drives up gasoline prices.
Guggenheim CIO Says Oil Shock Can Drive 10% Selloff in US Stocks
US stocks could fall as much as 10% if oil prices remain elevated for several months, a scenario that risks derailing the retail-driven “buy-the-dip” dynamic that has supported markets in recent years, according to Guggenheim Partners Investment Management.
Eldorado Gold Plan to Buy Foran Opposed by Glass Lewis
A key proxy adviser firm recommended Eldorado Gold Corp. investors vote against its C$3.8 billion ($2.7 billion) bid for Foran Mining Corp., the latest roadblock after Eldorado’s third-largest shareholder called the takeover too expensive.
Cold War 2.0 trigger? US bristles as Russian tanker nears oil-starved Cuba
A Russian tanker carrying oil is heading towards Cuba, intensifying a geopolitical standoff with the US. This move challenges America's de facto oil blockade on the island, which is facing an energy crisis. The situation echoes the Cuban Missile Crisis, highlighting Cuba's enduring strategic importa...