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Meme-Stock Casualty Plotkin Joins Rich Shifting Assets Into ETFs
Hedge fund manager turned NBA owner Gabe Plotkin, who shut his firm after a bruising showdown with meme-stock traders, is planning to convert some of his own assets into an ETF using a tactic that’s helped a slew of wealthy investors defer tax.
Bloomberg Surveillance 4/27/2026
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Oil industry seeks extension in permission to import petroleum products on CIF basis to ensure continuity of supplies
ISLAMABAD: The oil industry has asked the State Bank of Pakistan to extend for two months or “until market conditions stabilise” the permission for the import of petroleum products on cost, insurance and freight (CIF) basis — an arrangement under which buyers assume the responsibility of import costs and final delivery following the arrival of commodities at the destination port. The request was made by the Oil Companies Advisory Council (OCAC) — an association of more than three dozen oil compa...
Weather Conditions Delay Morocco’s Tomato Harvest, Affects Export Volumes to the EU
Rabat – Europe is feeling the heat as weather conditions in Morocco are delaying local tomato harvests, a situation that has caused a surge in produce prices in Europe. La Razon reported on Sunday that European markets sell tomatoes at €8 per kilogram, causing panic among local purchasing power. “This is due to unfavorable weather conditions in southern source countries, particularly in Morocco, which delayed the summer production season and reduced the availability of crops for both expor...
Supermarket supplier ‘cautiously optimistic’ despite Middle East pressure
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Competition heats up in Isa market with new deal offering 4.55% interest
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Reddit user asks where to invest Rs 42 lakh. We got experts to answer
Reddit user asks where to invest Rs lakh We got experts to answer
Organic Juice Maker Suja, Backer Seek $213 Million in US IPO
Suja Life Inc., a maker of organic cold-pressed juices and other nutritional beverages, and one of its backers are looking to raise as much as $213.3 million in a US initial public offering.
Using a Computer to Use My Computer
AI still needs to reshape our relationship with our computers.
CFI Financial Group reports record Q1 2026 performance, surpassing $2.3 trillion in trading volume
CFI Financial Group, a globally recognised leader in online trading services, has started 2026 with its strongest quarter to date, recording trading volumes of $2.3 trillion. This represents an 11% increase compared to Q4 2025 and an 81% rise year-on-year, building on the momentum of a strong 2025, where total volumes reached $6.4 trillion.Q1 performance overviewThe quarter’s strong performance was supported by steady growth in client activity across markets and continued momentum in new cl...
Strategy Slows Bitcoin Buying, Switches Back to Common Sales
Strategy Inc. bought $255 million of Bitcoin in the previous seven days, slowing the pace of its buying of the digital currency after spending $3.5 billion over the prior two weeks.
Hormuz Closure Drives Energy Investment with Olivia Wassenaar
Olivia Wassenaar, Head of Apollo Infrastructure Group, discusses how the ongoing closure of the Strait of Hormuz is driving up fuel prices and accelerating investment in energy infrastructure. She highlights a growing focus on redundancy in Middle Eastern energy infrastructure, including maximizing existing pipelines, exploring new pipeline opportunities, and reconsidering alternative transport methods like rail. Globally, private capital is increasingly active in midstream, LNG, and power infra...
'We're being harassed by debt collectors two years after stopping for toilet at service station'
Our Money blog team helps a reader every week with their consumer issue or financial dispute. This week's is from Morag Jack...
Rosatom chief says future dialogue with Bulgaria on many issues considered possible
The basis of such a dialogue should be common sense, not ideology, Alexey Likhachev noted
Connor McDavid questions Ducks OT goal after Oilers loss
The Anaheim Ducks defeated the Edmonton Oilers 4-3 in overtime during NHL Game 4, taking a 3-1 series lead. Connor McDavid questioned the legitimacy of the game-winning goal, which required a lengthy review. With elimination looming, the Oilers must respond quickly as controversy and pressure build ahead of a must-win Game 5 situation.
Walmart Plans to Sell Investment-Grade Bonds on Monday
Walmart Inc plans to sell dollar-denominated investment-grade bonds in as many as five parts on Monday.
Morocco’s Economy Sees MAD 5.1 Billion Surplus, 90 Million Quintal Harvest
Casablanca – Morocco’s economy showed mixed signals in early 2026, with stronger public finances and investment offset by uneven sector performance and global uncertainty, according to the latest outlook from the Finance Ministry’s Directorate of Studies and Financial Forecasts. The country posted a budget surplus of MAD 5.1 billion ($552.23 million) by the end of March, up sharply from MAD 768 million ($83.16 million) a year earlier. This came as ordinary revenues rose by 8.4%, or MAD 9 billion...
Plans to move Wise stock market listing to US approved by High Court judge
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Share of bad consumer loans up to 13.1% — Bank of Russia
Difficulties primarily arise with loans issued during the credit overheating period
Swatch Group Investor Battle Heats Up After ISS Backs Activist
The Swatch Group AG is facing renewed investor pressure after a key proxy adviser Institutional Shareholder Services recommended shareholders support a board candidate backed by a US activist.