Crypto Financial

Another wave of intense heat is sweeping across an already parched Europe this week, raising wildfire risks, threatening crops and drying watersheds feeding the region's critically low rivers. Europe's fifth major heat wave of the year is likely to block moisture-bearing clouds from helping refill rivers such as the Rhine, Po and Danube, where record low water levels have disrupted navigation and power production. Climate change is increasing the frequency and intensity of extreme heat on the world's fastest-warming continent, straining power grids, sapping water supplies and curbing farm output. Our Weather and Climate Reporter Joe Wertz joined Stephen Carroll and Tiwa Adebayo on Bloomberg Radio to discuss.

Benedicte Lowe, Europe equity derivates strategist at BNP Paribas Markets 360, says it's "undeniable that the macro story is picking up in Europe," and that means "positive picture for stocks." She speaks on Bloomberg Television.

After decades of winning over Chinese buyers with its German engineering, Mercedes-Benz Group AG sold only 1,153 units in China in the first half of 2026, a fraction of the more than 80,000 similarly priced SU7 sedans Xiaomi Corp. delivered in the period. The performance echoes the challenges BMW AG, Volkswagen AG and Porsche AG face in China, where they all reported second-quarter sales declines of at least 30%, worse than the overall market's drop. Bloomberg's William Wilkes reports.

The RBA holds its key rate at 4.35% in an unanimous decision, wth the central bank saying it will hike further if required.

Nvidia is becoming the "banker of choice to the AI ecosystem" as it seals $500 billion commitments from Wall Street giants. Meanwhile, Intel is looking at its first share sale since the 1970s. Bloomberg's reporters and market watchers make sense of the multibillion-dollar figures, with one noting the capital raise could be a "double-edged" sword for Nvidia.

The BJP's Bengal spokesperson Keya Ghosh discusses student protests over alleged exam irregularities in the Indian state of Jharkhand. She defends the BJP's handling of recent protests in Delhi and accuses the opposition of hypocrisy over its response to the Jharkhand demonstrations.

US President Donald Trump made new demands on Iran, including compensation for people killed and wounded by Iranian actions, and for damages and death in Lebanon, Syria, Yemen, and Gaza.

Sunrise Energy Metals has secured $400 million in long-term debt financing from the Pentagon to expand production of scandium, a rare earth element vital to aerospace and defense. The deal underscores Washington's push to diversify supply chains away from China. Sunrise Energy Metals CEO Sam Riggall joins "Bloomberg: The Asia Trade" to discuss what this means for their business.

Recent declined have wiped out half of the yen's recent intervention rally, with traders remaining on alert for further official support. Bloomberg's Insight With Haslinda Amin breaks down the factors at stake.

Andrew Boak, Chief Economist for Australia and New Zealand at Goldman Sachs, discusses the outlook for Australia's economy ahead of the central bank's policy decision. He speaks with Haidi Stroud-Watts on Bloomberg: The Asia Trade.

The push by young women to gain acceptance into sororities at large schools in the Deep South has led to an increase in demand for rush coaches. Bloomberg News Reporter Gabriel Baumgaertner discusses his recent story about the high price tag some parents are willing to invest to help their kids get into the sorority of their dreams.

During a recent meeting with top industry executives, the US President announced $3 billion in investments aimed at strengthening the domestic critical minerals and mining sector. The initiative seeks to reduce reliance on supply chains dominated by China. Gary Evans, Chairman and CEO of US Antimony, participated in the discussion and spoke to Bloomberg News about how much he is willing to see the government invest in his firm.