Saudi Arabia said late Tuesday it intercepted drones launched by Tehran-backed militias in Iraq that were targeting its oil facilities for a second straight day. The US and Saudi Arabia then jointly hit weapons and other sites belonging to "Iran-aligned terrorists" in Iraq, the American military said. Col. Wayne Sanders (Ret.) of Bloomberg Intelligence examines the significance of Saudi Arabia's involvement in the strikes.
The US said the Islamic Revolutionary Guard Corps fired multiple ballistic missiles from Iran at American troops in the region, with all the projectiles being thwarted. Tyler Kendall reports on Bloomberg Television.
Hinda Gharbi, CEO of Bureau Veritas, one of the world's leaders in testing, inspection and certification, says the business environment is 'complex' but the company has seen 'resilience' despite the tensions in the Middle East. Gharbi spoke exclusively with Bloomberg's Francine Lacqua from Paris.
Israeli Prime Minister Benjamin Netanyahu earlier met with President Trump at the White House, with Trump seeking to lay the ground for further diplomacy in the conflict. Netanyahu later posted on Instagram that it was quote "one of the best conversations I've had with" Trump. Bloomberg's Dan Williams reports from Washington DC.
Zambia's kwacha is nearing parity with the South African rand. Chief Africa Correspondent Jennifer Zabasajja reports the kwacha has appreciated almost 18% against the dollar this year - making it the second-best performing currency tracked by Bloomberg.
The US says it has intercepted several Iranian ballistic missiles on its military bases - breaking the brief pause in fighting in the Middle East. Meanwhile the US and Saudi forces launched attacks on Iran-backed militia targets in Iraq in response to the drones attacking Saudi's energy infrastructure. Julia Roknifard, Senior Lecturer, School of law and governance at Taylor's University Malaysia spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the reescalation in the region.
Marina Zavolock, chief European equity strategist at Morgan Stanley, says she hasn't seen such a strong earnings season in Europe in years. "We're seeing more interest in European equities in part because of the strong earnings season," she tells Bloomberg Television.
Despite market volatility and geopolitical uncertainty, there is more confidence from large corporates when it comes to M&A, as these sponsors strive to be more decisive in their dealmaking says Anna Skoglund, Co-Head of EMEA Investment Banking at Goldman Sachs. She spoke to Bloomberg's Anna Edwards on "The Pulse" on July 28.
Despite market volatility and geopolitical uncertainty, there is more confidence from large corporates when it comes to M&A, as these sponsors strive to be more decisive in their dealmaking says Anna Skoglund, Co-Head of EMEA Investment Banking at Goldman Sachs. She spoke to Bloomberg's Anna Edwards on "The Pulse" on July 28.
Lizzy Burden, Anna Edwards and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
SK Hynix shares slide by a daily record of around 19% in Seoul Wednesday, erasing early gains after the memory maker reported lower-than-expected operating profit for the second quarter and announced plans for higher spending. The company earmarked at least $31 billion in capital spending this year after reporting a six-fold surge in quarterly profit. Bloomberg's Anthony Stephens reports.
Lakes Blue Energy (ASX:LKO) announced a capital raising initiative aiming to secure approximately $8.7 million.
