Albanese government scraps gas windfall tax plans
The Albanese government is poised to dump plans for a windfall tax on gas exports in next month’s federal budget.
The Albanese government is poised to dump plans for a windfall tax on gas exports in next month’s federal budget.
Australia's Federal Court has dismissed the Australian Securities and Investments Commission's long-running legal pursuit of data analytics firm Nuix (ASX:NXL).
'Sky is the limit' on the potential growth of the NFL draft, says former ESPN and NFL Network CEO Steve Bornstein. He discusses with Katie Greifeld and Romaine Bostick on "The Close."
Intel Corp. gave a strong sales forecast for the current period, signaling that the struggling chipmaker is finally beginning to benefit from the giant build-out of artificial intelligence infrastructure. Bloomberg's Ed Ludlow breaks down the numbers.
Zscaler Chairman, CEO, & Co-Founder Jay Chaudhry discusses Anthropic's Mythos AI and the cybersecurity risks large enterprises are struggling to protect themselves from. He talks with Romaine Bostick and Katie Greifeld on "The Close."
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Raymond James CEO Paul Shoukry discusses the health of their 'record' recruiting pipeline, and a renewed focus on technologies, products, and AI to help advisors provide more holistic advice for their clients. He talks with Katie Greifeld and ROmaine Bostick on "The Close."
Intel gave a strong sales forecast for the current period, signaling that the struggling chipmaker is finally beginning to benefit from the giant build-out of artificial intelligence infrastructure. Ed Ludlow reports on "Bloomberg The Close."
Rachel Bronson, senior fellow at the Chicago Council on Global Affairs, senior advisor at the Bulletin of the Atomic Scientists, and author of "Thicker than Oil: America's Uneasy Partnership with Saudi Arabia" joins Scarlet Fu on "Bloomberg Markets."
Jon Gray, Blackstone President & COO, addressed investor concerns about market volatility and liquidity pressures. He emphasized that while noise and uncertainty may prompt investors to seek liquidity, the resilience of certain financial products, particularly Business Development Companies (BDCs), is a key factor to watch.
Sen. Tammy Duckworth (D-IL), member of the Armed Services Committee, said that the war with Iran is President Trump's 'war of choice' and at the expense of the American people. US and Iran tensions grew over the Strait of Hormuz with both sides maintaining their blockades of the critical waterway, creating an uneasy standoff with no sign of peace talks on the horizon. US President Donald Trump on Thursday ordered the US Navy to shoot any boat putting mines in the strait, while the military said it intercepted two oil supertankers that tried to evade its effort to prevent passage to and from Iran's ports. US forces boarded a "sanctioned stateless vessel" transporting oil from Iran in the Indian Ocean overnight, the Pentagon said.
Bloomberg's Jacob Lorinc joins Scarlet Fu on "Bloomberg Markets." Freeport-McMoRan fell after the copper miner warned that a slower ramp-up at its flagship Grasberg mine in Indonesia will weigh on future production. The top US copper producer said it's pushing back the restart schedule at the Grasberg complex after discovering new challenges with specialized equipment needed to restart operations following last year's deadly mudslide.