CryptoBreaking News

Tims China (NASDAQ:THCH), the exclusive operator of Tim Hortons coffee shops in China, reported a double-digit drop in first-quarter revenue and a widening net loss as intense promotional discounting and shifting consumer traffic continued to squeeze the country's fast-casual dining sector.

Wei Li, chief global investment strategist at BlackRock, says there is a "healthy debate to be had" about the durability of Artificial Intelligence earnings and sees the AI trade as a "space to be selective and active."

Sam Lynton-Brown, head of global macro strategy at BNP Paribas, speaks on Blomberg Television about the outlook for Federal Reserve and European Central Bank policy.

Intesa Sanpaolo CEO Carlo Messina discusses the lender's offer to buy Italian rival Banca Monte dei Paschi for 30.6 billion ($35.3 billion). "The only real offer now in the market is the Intesa Sanpaolo offer," Messina tells Bloomberg's Francine Lacqua, calling Banco BPM's proposal of a merger of equals merely a "love letter."

Ten years after Brexit, analysis published by Bloomberg on Tuesday shows that the UK's vote to leave the European Union may have already cost the British economy between 2% and 4% of gross domestic product. Dan Hanson of Bloomberg Economics explains.

Anna Edwards, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

CITIC Securities has warned that global oil markets may be underpricing the near- and medium-term risks associated with supply disruptions around the Strait of Hormuz, raising concerns for cryptocurrency investors already facing a challenging macroeconomic backdrop.

A newly identified macOS malware strain known as Reaper is targeting cryptocurrency users by stealing wallet data, browser credentials and sensitive files through a social engineering campaign that exploits Apple's built-in Script Editor application.

Bank of America is advancing its global payments strategy with plans to enhance cross-border transaction services, highlighting the financial sector's growing focus on improving the speed and efficiency of international settlements.

GSK agreed to buy Nuvalent in a deal valued at $10.6 billion, adding a biotech firm that's developing treatments for lung cancer as the British pharmaceutical company seeks to rebuild its oncology franchise. Sam Fazeli of Bloomberg Intelligence has more.

Rumours of a massive Ethereum insider sell-off spread across social media this week after claims emerged that co-founder Vitalik Buterin had sold 110,000 ETH worth approximately $170 million in a matter of hours.

Researchers from the Initiative for Cryptocurrencies and Contracts have warned that autonomous artificial intelligence agents with access to cryptocurrency wallets could become effectively unstoppable if deployed maliciously or allowed to escape their intended operating environments.