Bloomberg News and Videos — Page 881

Sysco Corp. is acquiring Jetro Restaurant Depot LLC for $29.1 billion from billionaire Nathan "Natie" Kirsh. The deal will create one of the largest food-service groups in the US. Liana Baker reports.

Edward Yardeni, president at Yardeni Research, expects bond yields to "fluctuate at these levels," as the war in Iran continues.

Democratic strategist Adam Hodge from Bully Pulpit International joins Bloomberg Open Interest to break down rising US tensions with Iran, calling out mixed messaging from the White House, Congress's absence during the crisis, and the growing economic fallout. With oil prices climbing and no clear endgame, he talks about what comes next for markets and global stability.

President Donald Trump spoke to Bloomberg's Annmarie Hordern on the phone Monday morning, telling her that Iran wants to settle and that the war is going "unbelievably well." Earlier in a Truth Social post, Trump repeated threats to destroy Iran's energy assets if the Strait of Hormuz isn't reopened soon.

Bob McNally, founder and president at Rapidan Energy Group, says oil markets should fade speculation on a near-term ceasefire in the war in Iran. He explains why there is not a need for the US military to occupy Kharg Island to choke off oil exports from Iran.

Venu Krishna, US equities strategy head at Barclays, raised his price target for the end of 2026 to 7,650, provided the war in Iran gets resolved in the next few months.

Property developers in the UAE have held calls with investors to allay concerns over a potential liquidity crunch after their bonds slipped into distressed territory. Katralnada BinGhatti, CEO & Managing Director of BinGhatti Holding spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche about the plans they're putting in place to deal with the regional situation.

President Trump says Iran has given the US most of the 15 demands to end the war even as it remains unclear whether either side is negotiating. William Roebuck, Executive Vice President at the Arab Gulf States Institute and a former US Ambassador to Bahrain spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche about the US ground troops in the Mideast.

Lori Calvasina, head of US equity strategies at RBC Capital Markets, discusses the factors that could bring about a deeper drawdown in equities amid the war in Iran.

"In the short term, I think it's really quite simple that the dollar has been used as a safe haven," says Jane Foley, head of FX strategy at Rabobank, as she examines the global FX market amid the war in Iran.