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US oil cargoes transiting the Panama Canal are close to a four-year high as Asian refiners rush to import American crude in lieu of Mideast supplies strangled by the weeks-long disruption to Strait of Hormuz shipping....

Walt Disney Co. is partnering with movie theater chains on a new large-format screen certification that will roll out in time for the release of Avengers: Doomsday in December....

Argentina bought itself time at the International Monetary Fund this week, but President Javier Milei still faces a hard-currency shortage that he'll have to tackle before elections next year....

South Korean investors' appetite for risk has turned the Korea Exchange into the world's busiest hub for risky leveraged vehicles....

The Swiss National Bank is more willing than usual to step into markets to ensure price stability amid higher energy prices, according to President Martin Schlegel....

Bob McNally, president and founder of Rapidan Energy Group, said that despite oil market optimism, he believes the Strait of Hormuz will close once again unless the US and Iran make major progress on a deal over the weekend. McNally said that his estimate is that it will take at least 3 to 4 months for the oil market and supply traffic to revert back to pre-war levels once there is a deal and that there are some oil fields that may be permanently closed. (Source: Bloomberg)...

A group of Ethiopia's bondholders formally began a process to sue the government over a defaulted $1 billion debt, according to people familiar with the matter....

The US Federal Aviation Administration has brought in Palantir Technologies Inc., Thales SA and Air Space Intelligence Inc. to compete on a new artificial intelligence tool for air traffic management, according to a person familiar with the matter....

Cursor, a leading artificial intelligence startup for coding, is in advanced talks with investors to raise about $2 billion in a funding round at a valuation of more than $50 billion, not including the investment, according to a person familiar with the matter....

A Colombian court agreed to study a three-decade-old decree that threatens the central bank's ability to raise interest rates....

Investors could point to any number of reasons behind the stock market's neck-breaking rally. A rapid unwind in bearish wagers gone wrong should be near the top of the list....

Sequoia Capital has raised about $7 billion for a new fund, according to people familiar with the discussions. It is the first fresh fundraising under the new leadership of one of the largest and most prominent venture capital firms. Bloomberg's Natasha Mascarenhas discusses with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)...

"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: BoFA Securities Senior US Rates Strategist Meghan Swiber, Neuberger CIO & Global Head of Fixed Income Ashok Bhatia, Goldman Sachs Asset Management Head of Multi Sector Fixed Income Investing Lindsay Rosner, and Corbin Capital Partners Deputy CIO, Credit John Cocke. (Source: Bloomberg)...

Natasha Hall, associate fellow at Chatham House, said that despite positive reaction to the announcements from the US and Iran, the ceasefire is very fragile and their are many complex details still to be worked out. Hall said that there are potential 'spoilers' that could emerge in negotiations as Iran considers nuclear restrictions and its newfound economic power via the Strait of Hormuz. (Source: Bloomberg)...

Federal Reserve Governor Christopher Waller said he is cautious about the need to lower interest rates in the near term, due to the energy shock triggered by war in Iran, and warned of the risk of a prolonged impact on inflation due to the conflict....

Anthropic CEO Dario Amodei is set to meet with White House Chief of Staff Susie Wiles on Friday, according to reports. The meeting comes amid concerns its artificial intelligence model, Mythos, could increase cybersecurity risks. Bloomberg's Mike Shepard breaks joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)...

Netflix shares tumbled the most in four years after the company gave a forecast for the second quarter that fell short of analysts' expectations. Bloomberg's Lucas Shaw and Wedbush Securities Senior VP Alicia Reese discuss the "overhang" of the aborted Warner Bros. Discovery deal and more with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)...

With 'Last Flag,' lifelong gamers Dan and Mac Reynolds are trying to enter an overcrowded market...

Anthropic PBC Chief Executive Officer Dario Amodei is scheduled to meet on Friday with White House Chief of Staff Susie Wiles, according to people familiar with the matter, as the Trump administration seeks wider US government access to the company's powerful new Mythos artificial intelligence model....

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Oil slides again as markets react to signals the Strait of Hormuz is open. Netflix disappoints investors as Reed Hastings steps down after nearly three decades. And Anthropic's CEO heads to the White House as AI tensions cool. Oklo CEO Jake DeWitte explains why nuclear power could fuel the future of space. Brian Kelly reveals why airfare keeps climbing as perks disappear. And Seana Smith shows where investors are placing bets as AI and defense dominate. (Source: Bloomberg)...