Bloomberg News and Videos — Page 223

Abu Dhabi National Oil Co., the UAE's biggest oil company, is proposing a new pricing methodology for the sale of crude supplies to term customers, opting for an approach that's more aligned with wider regional trading norms, according to people with direct knowledge of the matter. Bloomberg's Anthony di Paola reports.

Padraig McDonnell, President and CEO at Agilent, discusses the company's business strategy and the innovations he sees in the life sciences sector. He speaks with Minmin Low from the sidelines of the World Economic Forum in Dalian.

Kristi Govella, Senior Adviser and Japan Chair at the Center for Strategic and International Studies, discusses Japanese Prime Minister Takaichi's upcoming trip to India and the outlook for relations between the two countries. She speaks with Shery Ahn on Bloomberg: The Asia Trade.

Yuka Hata, Senior Managing Director & Head of Fund Investments at Japan Investment Corporation, says demand for capital is growing as Japan shifts its focus toward physical AI and deep technologies. She adds that Japan's labor shortages have heightened the need for AI-driven solutions, making the sector a key investment priority for JIC.

The US government removed foreign access restrictions on Anthropic PBC's Fable 5 artificial intelligence model, clearing it for wider distribution after the startup resolved the Trump administration's safety concerns. Bloomberg's Minmin Low breaks down the latest developments.

Jeff Christian, Founder and CEO of Executive Search firm Christian & Timbers, discusses Nike's strategic shift following the completion of its CEO transition. He highlights that the company is now in 'proof mode,' emphasizing execution and delivering improved financial results. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Nina Trentmann, Senior Editor at Bloomberg News, discussed the recent appointment of Dave Denton, formerly Pfizer's CFO, as Nike's new Finance Chief. While some analysts have expressed concerns about Denton's lack of direct retail and apparel industry experience, Trentmann noted that for large companies like Nike and Pfizer, deep industry knowledge may be less critical than experience managing a complex, global business with a significant market capitalization and extensive supply chains. She speaks with Romaine Bostick & Katie Greifeld on "The Close."

Yogesh Gupta, CEO of Progress Software, said that AI is a big driver for his company as it beat earnings estimates and boosts forecasts for the next quarter. Gupta said that his company can aggregate data for AI in a way that reduces the number of tokens necessary to run AI agents and saves customers money.

Drake MacFarlane, M Science Research Analyst, expressed cautious optimism about Nike's recent apparel sales boost, particularly from soccer jerseys, noting it as a positive short-term factor. However, he emphasized that Nike's need to strengthen its sports credentials and improve its footwear segment represents a longer-term challenge. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Samantha Dart, co-head of global commodities research at Goldman Sachs, said that markets haven't reacted to 'flare ups' in the Strait of Hormuz because US energy exports and China imports have remained consistent, signaling the oil market is still headed in the right direction.