Bloomberg Nachrichten

 

Chevron Corp's Australian unit and its joint venture partners have reached a final investment decision to further develop the massive Gorgon natural gas project in Western Australia, it said in a statement on Friday....

ITT Inc. is in advanced talks to buy SPX Flow Inc. in a transaction valuing the industrial equipment manufacturer at more than $4.5 billion, according to people familiar with the matter....

Private equity firm Compass Diversified said Thursday it's exploring whether to sell some businesses to reduce debt, as it prepares to restate financials after alleged fraud at its high-end jewelry subsidiary....

Silver steadied, after retreating from an all-time high earlier in the week as traders took profits from a rally that's seen as overheated. Gold was little changed....

Roger Hallam, Vanguard Global Head of Rates, says that from a big-picture perspective, investors can be confident in bonds, which continue to play an important role in portfolios as balance, diversification, and an offset to risk. He speaks with Romaine Bostick and David Gura on “The Close.” (Source: Bloomberg)...

Japan's households unexpectedly cut spending for the first time in six months, in a sign of the fragility of domestic demand as the Bank of Japan prepares to consider raising borrowing costs later this month....

Moore Threads Technology Co., a leading Chinese artificial intelligence chipmaker, will begin trading in Shanghai's stock exchange on Friday in the year's second-largest onshore IPO....

Oil held a two-day advance as investors weighed the next steps for talks on a ceasefire in Ukraine, and signs of a swelling surplus....

Vivian Tu, Your Rich BFF founder and SoFi's Chief of Financial Empowerment, tells Romaine Bostick on “The Close” that her new book will guide people through affording major purchases, managing money with loved ones, planning for retirement, and building generational wealth. (Source: Bloomberg)...

As traders pile into wagers for an interest-rate hike from the Bank of Japan this month, they're still missing the risk that Japanese interest rates will need to march even higher to quell inflation, according to Vanguard Group Inc....

Peraton Inc. won a contract to manage the multibillion-dollar overhaul of the US' aging air traffic control system, a top priority for President Donald Trump's administration after technology outages snarled travel at airports across the country....

Invesco Ltd. has secured votes from about 50% of QQQ shareholders in support of converting the Nasdaq-tracking fund into a standard ETF, leaving the proposal just short of the 51% needed for approval ahead of a Friday morning deadline....

Australia's beef exports have already hit a record high this year on strong demand from the US, according to Meat & Livestock Australia, with no sign of a rebuild in the American cattle herd....

Mohit Mittal, PIMCO Managing Director and CIO of Core Strategies, discusses PIMCO's big bond bet with Romaine Bostick and David Gura on “The Close.” He says volatility is here to stay, but it also creates very exciting opportunities in fixed income. (Source: Bloomberg)...

Southeast Asia's sputtering green transition is prompting European utilities to rethink their investments in the fast-growing region, a shift that underscores investor frustration with what was until recently a promising renewable-energy market....

Stacy Spikes, MoviePass CEO, speaks with Romaine Bostick on “The Close” about the company's new platform, Mogul. He says the company sees Mogul as an engagement tool and a way for fans to play and compete with each other in a whole new way. (Source: Bloomberg)...

China's crackdown on borrowing by local governments is forcing state-run entities in even some of the wealthiest provinces to tap costly credit from non-bank lenders, a stopgap that's building up risks in an opaque corner of the financial system....

Kristen Peck, Zoetis CEO, says the company is committed to livestock, achieving its third consecutive year of above-market growth. She tells Romaine Bostick on “The Close” that Zoetis is focused on breeding healthier animals and providing vaccines and preventatives to keep them well. (Source: Bloomberg)...

DocuSign Inc.'s AI-powered IAM platform helped the electronic-signature platform provider's third-quarter results beat estimates, though its shares slipped as its outlook for the current quarter didn't exceed analysts' expectations....

National Economic Council Director Kevin Hassett said the Federal Reserve should cut interest rates at its  meeting next week and predicted a reduction of 25 basis points as speculation grows that President Donald Trump is readying his nomination to lead the central bank....