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Inflexion Raises €4.5 Billion for Buyout Fund in Just Six Months
European private equity firm Inflexion has raised €4.5 billion ($4.7 billion) for its latest buyout fund in six months, demonstrating the depth of demand for mid-market funds that focus on the continent amid a still-tough fundraising market.
IndiGo crew averts disaster as UP man tries to open door mid-air, claims he is ‘possessed’
A passenger claiming to be 'possessed' attempted to open an emergency exit door on a Bengaluru-Varanasi IndiGo flight. Crew members swiftly intervened, preventing the man from opening the door on two separate occasions. The pilot temporarily ascended as a precaution before the flight landed safely,...
BYD Signals It’s Confident Exports Will Beat 2026 Target By 15%
BYD Co. signaled to analysts that exports this year will probably beat its previous target by 15%, according to people familiar with the matter, as the world’s biggest electric vehicle maker leans on growth in overseas markets to counter a slump in domestic sales.
Chicago Wheat Climbs on Iran War Escalation, Weather Risks
Chicago wheat futures rose — heading for a fourth gain in five sessions — as the Iran war threatens to further push up energy and fertilizer costs for farmers and poor weather hampers US fields.
Oil Market Faces Shock as War Widens, Ex-US Energy Official Says
The global oil market is “in for a shock” as the Middle East conflict will likely extend for a prolonged period with Iran leveraging control of the Strait of Hormuz, said Randa Fahmy, a former US associate deputy energy secretary.
Why Curbs on Speculation Won't Resolve Indian Rupee Woes
Here's why the Indian rupee could continue to get weaker despite a push to curb speculation, according to Abbas Keshvani, Asia Macro Strategy Director at RBC Capital Markets and Bloomberg's Ruth Carson. (Source: Bloomberg)
Brent crude heads for record monthly rise
Stock markets slumped in Asia on Monday as investors dug in for a protracted Gulf conflict that already has oil prices heading for a record monthly rise, bringing a spike in inflation and the risk of recession to much of the globe. The Financial Times on Sunday quoted President Donald Trump saying...
دو نفتکش هندی حامل گاز مایع از تنگه هرمز عبور کردند
دولت هند روز یکشنبه اعلام کرد دو نفتکش حامل در مجموع ۹۴ هزار تُن گاز مایع از تنگه هرمز عبور کرده و در حال حرکت به سوی هند هستند. طی دو هفته گذشته چهار کشتی هندی حامل گاز مایع نیز پس از رایزنیهای دیپلماتیک این کشور با جمهوری اسلامی، از تنگه هرمز عبور کرده بودند.
Australia to halve fuel tax in response to Middle East war
Sydney: Australia will halve a fuel tax to help motorists experiencing soaring petrol prices due to war in the Middle East, Prime Minister Anthony Albanese said Monday. Albanese announced the step after meeting with the leaders of Australia’s states and territories on Monday, agreeing a plan t...
Chinese Cargoes Hint at Fuels Relief for Neighbors Despite Curbs
China has exported cargoes of diesel and other fuels to energy-starved countries across Southeast Asia over the weekend, in what appears to be a signal of support despite export curbs imposed earlier this month.
Did Anthony Albanese just cement a third interest rate hike in May by cutting the fuel excise?
Injecting $1.5bn via petrol subsidies into an inflated economy may change things for the Reserve Bank board at its next meetingFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastEconomists will say that what millions of motorists gain in...
BlackRock's Hambro on Why Investors Are Rotating Into Commodities
Why did gold fail to protect portfolios during the latest market shock? In this episode of Merryn Talks Money, Merryn Somerset Webb speaks with Evy Hambro, global head of thematic and sector investing at BlackRock, about the violent moves in gold and silver, the new energy risk premium, and why comm...
Big retailers say UK jobs at risk from guaranteed hours reforms
More than half of roles could be hit and young shop workers in particular could lose out, trade body warnsMore than half of retail jobs could be affected by reform to guaranteed working hours, making it harder for shops to employ people – particularly young workers – in part-time roles, the industry...
Investors Balk at Terms in JPMorgan’s $7.2 Billion Sealed Air Debt Deal
Banks led by JPMorgan Chase & Co. are facing pushback on the terms of a $7.2 billion debt deal to fund Clayton, Dubilier & Rice’s takeover of Bubble Wrap maker Sealed Air Corp., according to people familiar with the matter.
دولت استرالیا برای سه ماه مالیات سوخت و گازوئیل را به نصف کاهش داد
نخستوزیر استرالیا اعلام کرد برای کاهش فشار ناشی از افزایش قیمتها بهدلیل جنگ آمریکا و اسرائیل با ایران، مالیات سوخت را به مدت سه ماه ۵۰ درصد کاهش میدهد؛ اقدامی که بهای هر لیتر را ۲۶.۳ سنت کاهش میدهد و ۲.۵۵ میلیارد دلار استرالیا هزینه خواهد داشت.
Iran War Drives Stagflation Risks: Citi
The Iran conflict is raising the prospect of stagflation and is "a pretty bad mix for markets," according to Jim McCormick, Chief Global Macro Strategist at Citi. He speaks on the sidelines of the Citi Hong Kong Macro Conference. (Source: Bloomberg)
Indian Rupee Surges as RBI’s Cap on Limits Sparks Dollar Sales
India’s rupee posted its biggest gain since February after a central bank move aimed at curbing speculation triggered a rush among lenders to sell dollars, helping the local currency rebound from record lows.
Citi's McCormick Sees Steeper Yield Curve Globally
Jim McCormick, Head of Macro Strategy at Citi, says the Iran war poses a significant challenge for global central banks. He expects less monetary tightening from Asian policymakers but greater fiscal support in response to the conflict, a combination he says could lead to a steepening yield curve. (...
Hua Medicine on Earnings, Business Expansion Plans
Chinese biotech firm Hua Medicine sees robust growth in 2026 after reporting a 93% jump in full-year revenue. Speaking exclusively to Bloomberg's "The China Show," Chief Strategy Officer George Lin discusses the outlook for the company’s flagship drug dorzagliatin and plans to expand to additional m...
Russian tanker nears Cuba with much-needed oil as Trump softens tone
A Russian tanker full of crude oil has entered Cuban waters and was expected to reach port on Monday, possibly granting a lifeline to Cuba as US President Donald Trump appeared to relax a de facto oil blockade on the Caribbean island.