Bloomberg Nachrichten

 

Hungary requested that Croatia allow the shipment of Russian crude via the Adriatic pipeline while a key route through Ukraine remains blocked....

John Hurley, the Trump administration's top sanctions official, is set to leave his post after friction with Treasury Secretary Scott Bessent, according to people familiar with the matter....

US supplies of gasoline are being shipped out of the country to travel thousands of miles via the Bahamas before finally ending up in California, a state battling shrinking fuelmaking capacity and high pump prices....

Lebanon's premier said his government can overcome differences with the International Monetary Fund over a proposed law that would let depositors recover billions of dollars trapped in the country's beleaguered banking sector....

US equity options exchanges are seeking to change the way that regulatory fees are charged, moving away from a decades-old practice that allows them to pick up fees for business transacted on rival bourses....

AI is already reshaping the value of human expertise, but its effects on workers aren't predetermined. MIT professor David Autor says the key question isn't what jobs can be automated, but which tasks within a job are automated and who benefits from that shift. In some cases, AI can increase wages and productivity; in others, it can lower barriers to entry, intensify competition and compress pay. Stanford professor Erik Brynjolfsson discusses whether AI will widen inequality or expand opportunity, and how policymakers can steer its development. (Source: Bloomberg)...

Israel's cabinet approved the construction of a new international airport on the Gaza periphery and said another is in the works for the north, near the Lebanese border....

The stock market turmoil unleashed by the artificial-intelligence industry reflects two fears that are increasingly at odds....

Canada will spend more of its growing military budget with domestic firms under a defense-industrial strategy that's meant to unleash more than C$500 billion ($369 billion) in investment over a decade....

Emerging-market currencies are proving more stable than those in developed nations, a streak some investors say could become the longest in more than two decades....

Public transit is essential for millions of Americans, but the way buses are procured may be limiting how much service cities can afford. Harvard professor Ed Glaeser says agencies often order highly-customized buses in a market with shrinking competition, while federal funding rules shape how purchases are made. Transit executives argue that operating realities require flexibility, yet agree reform is needed. Could smarter procurement and more competition help cities get more buses for less money? (Source: Bloomberg)...

Tesla's plan to start supporting CarPlay in its vehicles has been held back by the need for changes in iOS 26's Maps app. Also: Apple hits fresh snags with its attempt to revamp Siri; new details on iOS 27; and some fun news about the upcoming low-cost MacBook....

European Central Bank President Christine Lagarde said creating incentives for investments in Europe is a better approach to prevent capital outflows to other regions than imposing taxes....

Xi Jinping called for anchoring economic growth around domestic demand as its “main driver” in a speech delivered by the Chinese president at a key policy meeting late last year and released on Sunday....

In what's turning out to be a great quarter for corporate earnings growth, company executives and investors alike are focused on something else entirely: the threat from artificial intelligence....

A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry....

Pirelli & C. SpA's Chinese investor is weighing the sale of a convertible bond that would temporarily reduce its holding to ease US government scrutiny of the Italian tiremaker, Corriere della Sera reported, citing unnamed sources....

Bank of England rate-setter Catherine Mann said the UK economy is “sluggish” and “tepid,” with consumers “scarred” by high inflation and spending less as a result....

India is seeking to make advanced semiconductors within years, underscoring its ambitions to expand its tech manufacturing economy....

India's central bank will allow lenders to finance upto 75% of the acquisition value in corporate takeovers, in a move that is expected to boost the country's $40-billion plus deals market....