Chevron Corp. Chief Executive Officer Mike Wirth says very strong legal terms are in place to protect its investment in Venezuela. The Houston-based company is investing $7 billion in the country over the next five years. Wirth speaks to Bloomberg's Tyler Kendall in Caracas.
Uber Technologies is cutting about 3,300 roles, or 10% of its staff globally, in a restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses. Carmen Reinicke has more on "Bloomberg Open Interest."
US Energy Secretary Chris Wright discusses details of Venezuelan oil production and exports, deals signed with Chevron, ENI, and GE Vernova, and offers an update on the Strait of Hormuz. He speaks with Tyler Kendall in Caracas, Venezuela.
Stephen Schork, principal and editor at The Schork Group, discusses the Trump administration's plans to take majority ownership of more than 65 billion barrels of Venezuela's oil reserves. He also looks at refining capacity in the US and the levels of the strategic oil preserve.
Private payrolls rose by 38,000 in August according to ADP research. Economists expected a gain of 47,000. This was the smallest increase since the start of the year. Bloomberg's Michael McKee reports.
Cayla Seder, State Street Macro Multi-Asset Strategist, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss her concern around higher Treasury yields and looks ahead to the September Fed decision.
Torsten Slok, chief economist at Apollo Global Management, sees the US fiscal situation having little to do with upward pressure on US yields. He says, "There are actually fewer worries about US policy making than there is in Japan and Germany."
Chevron plans to more than double its oil production in Venezuela, investing $7 billion over the next five years. The company is making largest financial commitment so far in a US government-led push to revive the Latin American country's industry. Tyler Kendall reports on Bloomberg Television.
Jaguar Land Rover's first electric Range Rover will start at £154,070 ($208,420), a price tag that will test wealthy buyers' appetites for a battery-powered sport utility vehicle. Nigel Blenkinsop, chief operating officer at Jaguar Land Rover, speaks on Bloomberg Television about the new vehicle, the outlook for sales in the US and competition with Chinese automakers.
Anna Edwards, Lizzy Burden and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Prime Minister Andy Burnham, speaking during his first House of Commons appearance since taking power, signaled he's open to re-nationalizing the UK's water industry. On Wednesday he will take part in his first Prime Minister's Questions session. Bloomberg's Chloe Chaplain reports.
Eric Lee, CEO at advanced packaging firm Scientech Corporation, discusses demand and business outlook with Bloomberg's Stephen Engle on the sidelines of SEMICON Taiwan.
