Bloomberg Nachrichten

 

The European Union's energy chief has told member states to start filling gas storage early in order to avoid competition for supplies that could cause a spike in prices over the summer, as the bloc seeks to mitigate the fallout from the Iran war....

Barry speaks with Bill Miller IV, Chief Investment Officer and the Portfolio Manager for the Miller Value Fund about his start in investing. They discuss the rise of bitcoin, and how it may mirror technology in general. They also discuss his firm's approach to high concentration and conviction investing. (Source: Bloomberg)...

Monetary policymakers from the US to Europe to Japan all held the line on interest rates this week as they assess the economic fallout from a war-driven spike in energy costs....

Austria must find €1 billion to €2 billion ($1.16 billion to $2.31 billion) in budget savings as part of its consolidation efforts, with risks to the economic outlook growing from the war in Iran, said Finance Minister Markus Marterbauer....

A senior officer onboard an LPG vessel said the ship was given permission to pass through the strait by Iran, following negotiations between Tehran and New Delhi...

Outside the few towns where it serves small businesses and individuals as their local cooperative lender, VR-Bank Bad Salzungen Schmalkalden was never a household name in Germany....

South African billionaire Patrice Motsepe has been lauded for cleaning up the finances of Africa's most powerful sports organization, but a football trophy scandal has highlighted the deep mistrust that still dogs the body....

China's Commerce Minister Wang Wentao said he hopes Eli Lilly & Co. will deepen its commitment in the country and seek greater growth, according to a statement posted on the ministry's website Saturday....

A ship that appears to be taking on the identity of a scrapped gas carrier exited the Strait of Hormuz on Friday, showing how strategies to get through the waterway are evolving as the Middle East war progresses....

"Spending $2 billion a day in Iran is an extraordinary waste of resources." California Representative Ro Khanna tells Mishal Husain that Donald Trump is facing growing pressure over the Iran war, including from his own supporters. (Source: Bloomberg)...

The US Defense Department will establish Palantir Technologies Inc.'s Maven AI system as a “program of record,” Reuters reported on Friday night, as the Pentagon rapidly integrates the technology into its combat operations....

Iranian Foreign Minister Abbas Araghchi said the nation is prepared to allow Japanese-related vessels to pass through the Strait of Hormuz after consultations between the countries' officials, according to Kyodo News....

Super Micro Computer Inc., the AI computing provider at the center of a smuggling scandal, is working to shore up its compliance operations after a stock rout erased a third of the company's value....

New Zealand's credit rating outlook was cut to negative by Fitch Ratings on concern it will take longer than expected to rein in government debt....

The first oil from US President Donald Trump's planned 172 million-barrel emergency release is set to start flowing soon, the latest move in the administration's battle to keep fuel prices in check....

This week, the Fed holds rate steady, anticipating greater uncertainty and higher prices amid the war in Iran. And AI is advancing fast, but real-world limits mean it may transform industries more gradually and less dramatically than many expect today. Plus, are US tariffs on Canada causing long-term economic harm, or are they resetting the relationship between two closely linked economies? Later, efforts to limit teen social media use are gaining momentum worldwide, but uneven enforcement is raising questions about their real impact. (Source: Bloomberg)...

The US Department of Treasury issued a general license allowing the sale of Iranian oil and petrochemical products loaded onto vessels on or before 12:01 am New York time Friday, marking the Trump administration's latest effort to counter rising oil prices due to the Iran war....

X-Energy Inc. filed for a US initial public offering, becoming the latest firm to advance public listing plans despite turmoil in the Middle East souring risk sentiment....

Blackstone Inc.'s flagship private credit fund posted its first monthly loss in more than three years, one of the clearest signs yet of weakening performance in the $1.8 trillion market....

Netflix Inc. is turning the heart of Seoul into a global stage as K-pop megastars BTS return to performance with a livestream comeback show that is expected to draw millions of viewers worldwide as part of a new drive by the US entertainment powerhouse to show live events that can “pull people together”....