Bloomberg Nachrichten

 

High crude prices are yet sparking enthusiasm among Texas oil producers....

Iran is continuing to load millions of barrels of oil onto supertankers, an activity that will only become increasingly difficult if the US keeps up a blockade on Tehran's shipping....

Sanofi's multiple sclerosis medicine tolebrutinib was recommended for approval by European regulators, a boost for the drugmaker after it failed to gain approval for the medicine in the US....

From the Australian outback to Ethiopia and the Democratic Republic of Congo, the global mining industry is beginning to feel the effects of disruption caused by the war in Iran....

Russia's central bank continued lowering borrowing costs, delivering some relief to an economy that's losing steam while treading cautiously due to uncertainty around the budget and the war in the Middle East....

Fitch Ratings cut its assessment of Mozambique's foreign-currency debt by one notch to CC, saying a restructuring of the nation's sole dollar bond had become probable....

The Tin Can has gone viral over the past year, mostly through word of mouth. Now schools want to get even more of them in students' homes....

Colombia's government is pressing ahead with a plan to transfer about $7 billion from private pension savings into the public retirement system, a move that risks destabilizing local markets as funds may be forced to rapidly liquidate assets to comply....

Economists raised their estimates for US inflation and said they expect only one Federal Reserve interest-rate cut this year amid elevated energy costs sparked by the Iran war....

Nasdaq 100 is leading the rebound from the March lows....

European Central Bank Governing Council member Peter Kazimir suggested the Iran war might necessitate an eventual interest-rate hike....

Mark Cuban's low-cost online pharmacy will sell the blockbuster blood thinner Eliquis starting next week, a win for the billionaire's effort to transform the way drugs are sold in the US....

Revolut Ltd. is shuttering its commodities business for trading precious metals in parts of Europe....

President Donald Trump said that he'd be open to alternative ways to investigate Federal Reserve Chair Jerome Powell, potentially offering an off-ramp to a current legal battle that is holding up the confirmation of the president's new pick to lead the central bank, according to news outlet Semafor....

UK firms are planning their largest price hikes in over two years but the energy price shock from the Iran war has yet to stir wage demands as anxiety mounts among consumers and businesses, Bank of England surveys showed....

Ryanair Holdings Plc said it will give up its airport base in Berlin, from where it operates seven aircraft, and will relocate the capacity to lower-cost sites such as Sweden and Albania because of rising fees in the German capital....

By pairing energy storage with natural gas, hyperscalers are able to get power faster and do so behind the meter....

SAIC Motor Corp.'s MG unit plans to set up a European factory in Spain that will make electric vehicles, according to people familiar with the matter, a move that would help the Chinese automaker reduce exposure to EU tariffs....

MS NOW, the media network formerly called MSNBC, is using Saturday's White House Correspondents' Dinner as an opportunity to debut its new rebrand in Washington.The network is hosting a brunch for student journalists and on-air talent on Friday. Then, following the Saturday dinner, MS NOW has invited Washington insiders to what's being billed as a “subversive” underground after party at a former trolley car station nearby....

Audi AG is doubling down on its dual-marque strategy in China, sticking to its goal of delivering more than 600,000 vehicles this year as it navigates a market where it once enjoyed institutional cachet....