Bloomberg Nachrichten

 

Federal Reserve Governor Stephen Miran explains why he thinks it makes sense for interest rates to be lowered during a Bretton Woods event in Washington, D.C. (Source: Bloomberg)...

For years, Wall Street banks eagerly helped private credit funds amplify their investing firepower with hundreds of billions of dollars in loans, helping them notch ever-higher returns....

Amalgamated Bank CEO Priscilla Sims Brown joined Bloomberg Open Interest to break down why her bank is thriving in a “higher for longer” rate world. She reveals why loyal, values-driven clients matter more than interest rates, highlights booming demand in clean energy lending, and hints at a wave of potential bank mergers ahead. (Source: Bloomberg)...

South Africa has enough fiscal space to extend a fuel-tax cut by two months to cushion consumers from an oil shock triggered by the Iran war, Citigroup Inc. said....

Ben McKenzie, actor, director and producer of the new documentary "Everyone is Lying to You For Money" is tearing into the crypto industry, arguing it thrives on speculation, avoids regulation, and enables massive criminal activity. He joined Bloomberg Open Interest with a warning that as  crypto becomes more embedded in the financial system, the risks could spill over into the real economy, setting the stage for a crisis eerily similar to the one it claimed to replace. (Source: Bloomberg)...

Saudi Arabia's potential reversal on its costly golfing venture is part of a wider pullback on sports investing, as it looks to prioritize returns, rather than cultural influence....

Aliko Dangote plans to sell about 10% of his oil-refining company on multiple African stock exchanges, the tycoon said....

Bank of Ireland Group Plc is proposing delisting from the London Stock Exchange as it looks to control costs, citing low trading in its shares on the exchange....

Decentralized finance platform Drift Protocol, the victim of an exploit earlier this month where hackers stole approximately $285 million of users' cryptocurrency, plans to relaunch after securing around $150 million in funding from a consortium led by stablecoin issuer Tether Holdings SA....

Volkswagen AG's decision to cease production of its sole US-made electric model will cost the carmaker as much as $600 million in writedowns in the first quarter....

Portugal has become the first euro-area country to tap the offshore renminbi bond market, raising the equivalent of about €250 million as it seeks to diversify its funding sources....

US factory output snapped back in the first quarter after disappointing at the end of 2025, and the advance extended beyond the artificial intelligence build-out....

The Securities and Exchange Commission asked for industry input on how to trim down the cost and scope of trading data that exchanges and brokers report to a centralized database....

Nadia Lovell, UBS Global Wealth Head of Global Equity Strategy, mphasized that the market is not simply overlooking these concerns but is confident in managing them. Highlighting that AI spending remains robust, particularly from hyperscale companies with nearly $700 billion in capital expenditures (Source: Bloomberg)...

Saudi billionaire Prince Alwaleed bin Talal is set to acquire a majority stake in Al Hilal Football Club from the Public Investment Fund, marking the next stage of the kingdom's privatization efforts for its local league....

The International Monetary Fund said Egypt's economic reforms and stronger buffers are enabling the country to better weather external shocks, as the local pound reverses some losses after the Iran war ceasefire....

European Central Bank Executive Board member Isabel Schnabel said now is a “good time” to again debate joint European Union borrowing....

The International Monetary Fund cut growth forecasts for countries across the Middle East due to disruptions stemming from the Iran war and warned that a prolonged conflict could put further pressure on the region's economies....

Anthropic PBC is introducing an updated version of its most powerful, widely available AI model, barely a week after it limited the release of a more advanced offering called Mythos....

Elon Musk's staff working on his envisioned Terafab joint venture between Tesla Inc. and SpaceX have reached out to chip industry suppliers seeking price quotes and delivery times for chipmaking gear. Ed Ludlow reports on Bloomberg Television. (Source: Bloomberg)...