Bloomberg Nachrichten

 

The world economy, beset with uncertainty for three months over Donald Trump's on-again-off-again tariffs, is about to get more clarity as the US president's deadline for trade deals arrives on Wednesday....

US banks, among the few companies that still sell preferred shares, are following JPMorgan Chase & Co.'s lead and retreating from the securities, even as investors are eager to buy them....

Petrobras Chief Executive Officer Magda Chambriard said the Brazilian oil producer is seeking Chinese investment to help upgrade its shipping and infrastructure....

The scam began with a message, then a friendly exchange. A stranger directed the victim to a cryptocurrency investment site that appeared professional — slick design, charts, even customer support. The first deposit showed a modest profit. So did the next. Encouraged, the victim sent more, even borrowing money to keep up. Then, without warning, the platform stopped responding. The account balance disappeared....

French Finance Minister Eric Lombard said Europe must shore up its tariff barriers to counter Chinese imports that risk harming the continent's industrial economy....

Petroleo Brasileiro SA is considering the sale of its onshore operations in Brazil's northeastern Bahia state, Chief Executive Officer Magda Chambriard said....

Gabon's leader Brice Oligui Nguema officially unveiled a new political party as the oil-producing OPEC member prepares for parliamentary and local government elections, Gabon 24 reported....

Japan's chief trade negotiator Ryosei Akazawa held two phone meetings with US Commerce Secretary Howard Lutnick to discuss tariffs as a July 9 deadline for higher levies nears....

The FBI had to move fast when agents learned that two men who were the focus on an insider trading investigation were about to get on a flight to Hong Kong....

Bloomberg's Celia Bergin explains how a hot summer, cheese and cows in the EU and New Zealand play a role. (Source: Bloomberg)...

The euro cannot quickly supplant the dollar as the anchor of the world's financial system as countries using it still have far to go in their financial and economic integration, European Central Bank Governing Council member Gabriel Makhlouf said....

Russia lowered its weekly wheat export duty to zero for the first time since it was introduced in June 2021 as it attempts to kick-start sluggish sales....

Fresh US jobs figures took pressure off the Federal Reserve to consider an interest-rate cut later this month, likely leaving the central bank on hold at least until the fall....

Hon Hai Precision Industry Co. reported 15.8% growth in quarterly sales on robust demand for AI servers and iPhones....

OPEC+ has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share....

What do young professionals in New York City actually think about money and capitalism? According to our guest Emily Sundberg, creator of the Feed Me newsletter, there is a foreboding sense that nobody is coming to save them. End times are coming. AI will take all the jobs. There's a limited time to “secure the bag.” In this live episode, recorded in New York City in June, Emily talks about how this translates into consumption and investing decisions among today's youth, and how they see the wor...

What today's young people actually think about money....

One of the industry's biggest sovereign bond funds is sticking to shorter maturity UK gilts, on concern pressure will only intensify on longer government debt in the run-up to the Autumn budget....

BlackRock Inc. halted its search for investors to back a multibillion-dollar Ukraine recovery fund earlier this year after Donald Trump's election victory saw the US sour on the eastern European country, people familiar with the discussions said....

Cash-strapped Mozambique is open to asking China to restructure the $1.4 billion it owes its biggest bilateral creditor, President Daniel Chapo said....