Bloomberg News and Videos — Page 265

Lori Calvasina, head of US equity strategy research at RBC Capital Markets, says the strength of US corporate earnings is propping up stocks amid concern that the Federal Reserve will raise interest rates. But there are limits to how many hikes the market can withstand, she says on Bloomberg Television's ``Surveillance.''

Alan Greenspan has died at the age of 100. He served as Fed chief for 18 years, from 1987 to 2006, and was credited with guiding a record US economic expansion, but his legacy was later dimmed by the financial crisis that erupted in 2008. Greenspan died on June 22 at his home due to complications of Parkinson's disease. Bloomberg's David Westin looks back at his accomplishments.

Amundi Investment Institute Head Monica Defend discusses the market reaction to Keir Starmer's announcement that he will step down as British prime minister. Speaking on Bloomberg Television, she says "this was largely expected," which justifies the "containment in volatility." Defend adds there is still value on the yield and that "the real story is one of fiscal discipline."

Keir Starmer said he would step down as Britain's prime minister. Speaking outside Number 10, he said he would step down first as Labour leader, with nominations for a contest for a new leader of the party opening on July 9 and completed by Sept. 1. Bloomberg's Ruth David reports.

Keir Starmer has stepped down as the UK's prime minister after months of pressure. Bloomberg News Editor-in-Chief John Micklethwait discusses what key issues undermined the outgoing premier's time at Number 10.

Keir Starmer said he would step down as British prime minister in an emotional speech outside Downing Street. The announcement comes two years after he led the Labour Party back to power with a landslide majority. His departure from Number 10 paves the way for Andy Burnham to attempt to take over as successor.

EasyJet has rejected three separate offers from Castlelake, prompting the investment firm to take its latest proposal that values the budget carrier at about £4.74 billion ($6.3 billion) directly to shareholders. The UK airline said it rejected the proposal as not being in the best interest of shareholders, accusing Castlelake of trying to buy the company "on the cheap." Bloomberg's Benedikt Kammel reports.

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Ethiopian Prime Minister Abiy Ahmed has secured another term in office after his Prosperity Party won a landslide victory in parliamentary elections.  Bloomberg's Chief Africa Correspondent Jennifer Zabasajja explains the result gives the Ethiopian leader a fresh mandate to pursue economic reforms, but he faces a daunting list of challenges.

Allies of Keir Starmer expect him to set out a timetable for his departure as UK prime minister imminently. A statement from Starmer ceding power could come as soon as Monday, people familiar with the matter said, although they cautioned that was not certain. The move could pave the way for Andy Burnham to replace him and it would put Britain on a course for its seventh premier in a decade. Bloomberg's Joe Mayes reports from Downing Street.