Federal Reserve Vice Chair for Supervision Michelle Bowman said that although inflation remains above the central bank's goal, "I think we have some time to wait and see how financial conditions and the economy evolves." She spoke Wednesday with Institute of International Finance CEO Tim Adams at the IIF Annual Membership Meeting in Bangkok.
Kamal Quadir, the Founder & CEO of bKash, a mobile financial service provider in Bangladesh, says that approval to operate as a digital bank will ease the access to capital for the customers. He spoke to Yvonne Man at Bloomberg's New Economic Forum on AI, banking and more.
In an interview on October 14, 2026, Anthropic's Head of International Startups & Digital Native, Guillaume Princen, discussed how startups and major firms are adopting Anthropic's AI, including Claude tools, to boost employee productivity, overhaul processes, and build new products. He highlighted growing demand for frontier models like Opus 5.5, now about 40% cheaper than its predecessor, and a shift toward using different models for specific tasks across the 5.5 family. Princen emphasized Anthropic's safety-first approach versus open-source and open-weight competitors, underscoring third-party auditing, closer cooperation with governments, and willingness to delay or limit powerful model releases such as with Methos if safety concerns arise, even at the expense of near-term revenue. Original filename: 20261014_080546_Interview_of_Guillaume_Princen_on_Anthropic_s_AI_Strategy.mp4
AGL Energy Limited (ASX:AGL) has been served with class action proceedings filed in the Federal Court of Australia.
The proceedings allege AGL engaged in misleading or deceptive conduct and breached consumer guarantees under the Australian Consumer Law.
GenusPlus Group Ltd (ASX:GNP) has secured approximately $255 million in power infrastructure contracts with Western Power and Fortescue.
Western Power’s Clean Energy Link – East augments an existing 330kV terminal to carry more renewable energy from the state’s south.
Anna Edwards, Guy Johnson, and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Geopolitics is top of mind at Bloomberg's New Economy Forum with escalating tensions in the Middle East. One of Japan's top trading houses explained the impact of the war on their businesses around the world. Masayuki Omoto, President & CEO of Marubeni spoke to Bloomberg's Shery Ahn on the sidelines of the Bloomberg New Economy Forum in New Delhi.
BHP Group Limited (ASX:BHP) is cutting about 300 Pilbara iron ore jobs, The West Australian reported.
Operational and maintenance workers are bearing the brunt, with apprentice and trainee roles understood to be spared.
Fortnum Private Wealth Ltd has been ordered by the Supreme Court of New South Wales to pay a $1.35 million penalty after admitting it failed to adequately manage cybersecurity risks across its financial advice network.
Cathie Wood, founder, CEO and CIO of Ark Investment Management, discusses why she avoids traditional memory-chip players, saying the business cycle is "most volatile." Speaking on Bloomberg Television, Wood adds that we are "just at the beginning" of the artificial intelligence revolution. "In terms of our semiconductor exposure, [we] tend to be at the less-cyclical end of the spectrum," she adds.
ASML upgraded the low end of its 2026 sales forecast as increasing artificial intelligence spending boosts demand for the Dutch company's chip-making machines. The firm projected annual sales of between 44 billion ($49 billion) and 45 billion this year. ASML's outlook offers an indication of investment plans by chipmakers like TSMC, Samsung Electronics and Intel. Bloomberg's Tom Mackenzie reports.
Austal Limited (ASX:ASB) extended due diligence access for Hanwha Defence USA to formulate a binding offer for the business entities and operations of its American arm, Austal USA.
