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Rory McIlroy Would Welcome LIV Golfers Back to PGA Tour

Rory McIlroy, six-time major golf champion and career grand slam winner, says he would welcome back LIV Golf players to the PGA Tour. He says it would be good for the entire sport and business. He speaks to Mishal Husain, editor-at-large, Bloomberg; host of The Mishal Husain Show, at the Bloomberg New Economy Forum in New Delhi.

Read more: Rory McIlroy Would Welcome LIV Golfers Back to PGA Tour
Bloomberg
Financial

Morgan Stanley's Wilson on Midterm Elections, Fed Policy, Bond Volatility

Morgan Stanley Chief US Equity Strategist Mike Wilson says the market correction started in June and he thinks the worst is over. Wilson says the US midterm elections are a "clearing event" for markets because he doesn't expect any real policy changes out of Washington. He also shares his views on Federal Reserve policy, bond market volatility and the AI trade on "Bloomberg Surveillance."

Read more: Morgan Stanley's Wilson on Midterm Elections, Fed Policy, Bond Volatility
Bloomberg
Financial

Mubadala's Al Muhairi Sees Increasing Growth Opportunity Across Asia

Waleed Al Muhairi, group deputy chief executive officer at Mubadala Investment Co., joins Bloomberg's Haslinda Amin on the sidelines of the Bloomberg New Economy Forum in New Delhi. He highlights the opportunity he sees across Asia, saying "Asia's growing and Asia has so many fundamental advantages that it would be remiss for us not to participate in its growth."

Read more: Mubadala's Al Muhairi Sees Increasing Growth Opportunity Across Asia
Bloomberg
Financial

Citi's Fixed Income Traders Drive Third-Quarter Beat on Revenue

Citigroup's fixed-income traders beat analysts' expectations with their best third quarter in at least a decade, sending the bank's revenue for the period to one of its highest levels ever. The better-than-expected fixed income, currencies and commodities trading and services results helped offset a more sluggish quarter from Citi's business advising clients on mergers and acquisitions. Kristine Aquino reports on Bloomberg Television.

Read more: Citi's Fixed Income Traders Drive Third-Quarter Beat on Revenue
Bloomberg
Financial

Goldman Beats on Equity Trading as Fixed Income Falls Short

Goldman Sachs Group's equities traders reported revenue of $6.44 billion for the three months through September, topping expectations. The firm's fixed-income and rates-trading counterparts fell far below Wall Street's estimates in the third quarter. Kristine Aquino reports on Bloomberg Television.

Read more: Goldman Beats on Equity Trading as Fixed Income Falls Short
Bloomberg
Financial

JPMorgan's 3Q Fixed-Income Trading Revenue Misses Estimates

JPMorgan Chase & Co. reported the first decline in more than two years in fixed income, currency, and commodities sales and trading revenue for the third quarter, falling short of the average analyst estimate at $5.37 billion. Equity trading was the standout for the bank, notching $4.95 billion in the quarter. Kristine Aquino reports on Bloomberg Television.

Read more: JPMorgan's 3Q Fixed-Income Trading Revenue Misses Estimates