Apple Unveils $599 MacBook Neo, Challenging Windows PCs
Apple held a product launch event introducing the MacBook Neo, an entry-level Mac featuring the high-performance A18 Pro chip. Bloomberg's Ed Ludlow reports on "Bloomberg Open Interest."
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Apple held a product launch event introducing the MacBook Neo, an entry-level Mac featuring the high-performance A18 Pro chip. Bloomberg's Ed Ludlow reports on "Bloomberg Open Interest."
Federal Reserve Governor Stephen Miran says it's still appropriate to keep cutting interest rates despite the war in the Middle East. "I believe it's appropriate to continue acting," Miran said Wednesday on Bloomberg Surveillance.
Federal Reserve Governor Stephen Miran says it's still appropriate to cut interest rates despite the war with Iran. He speaks on Bloomberg Surveillance.
Paul Sankey, president at Sankey Research, says the global oil market needs to see a resolution reached by Friday to guarantee the movement of oil tankers through the Strait of Hormuz.
Kamakshya Trivedi, chief FX and EM strategist at Goldman Sachs, sees inflation trending down if there is a quick resolution to the war on Iran, allowing the Federal Reserve to deliver two interest-rate cuts this year.
Continental warned its forecast for higher returns may be derailed by the war with Iran, making the tiremaker one of the first big companies to alert investors to the risk of the conflict. Chief Executive Officer Christian Kötz told Bloomberg TV the conflict could impact raw material costs.
Portuguese utility EDP CEO Miguel Stilwell de Andrade joins Bloomberg TV to discuss how the war in the Middle East is boosting demand for renewables, as countries and businesses seek to diversify their sources of energy and shield themselves from external shocks. Stilwell de Andrade speaks with Bloomberg's Lizzy Burden, Tom Mackenzie and Anna Edwards on The Opening Trade.
Crystol Energy CEO Carole Nakhle discusses the energy market as oil extended gains and traders weighed a US plan to insure and escort tankers passing through the Strait of Hormuz. "What we are seeing today has caused some disruptions," Nakhle tells Bloomberg Television. She adds that the market is "not panicking" and the increase in the risk premium is "justifiable," but that further escalations in the region could lead to a "worsening scenario when it comes to oil price."
Anna Edwards, Lizzy Burden, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Gulf states are being pulled deeper into the war with Iran as Saudi Arabia, Qatar and the UAE suffer attacks on non-military targets. Tehran has struck US embassies in both Riyadh and Dubai, while airports have also been damaged. Dalia Fahmy, Director of International Relations & Diplomacy; and Associate Professor of Political Science at Long Island University spoke to Bloomberg's Horizons Middle East & Africa anchor Joumanna Bercetche on the GCC's response to the Iran strikes.
US President Donald Trump has expressed concern the strikes against Iran could lead to a new leadership that's equally troubling to Washington as the regime that the US and Israel are fighting to topple. It comes as the US senate is set to vote on war powers resolution later today. Jamil Jaffer, Founder & Executive Director of the National Security Institute spoke to Bloomberg's Horizons Middle East & Africa anchor Joumanna Bercetche on the likely scenario from the US vote.
While it is unclear how long Iran can keep up the intensity of its missile attacks on US assets in the Gulf, the country likely retains a powerful supply of drones. Bloomberg's Dan Williams and Stuart Livingstone-Wallace join Joumanna Bercetche to discuss on Horizons Middle East and Africa.
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