Brent rises to $84.30 on Gulf attacks
Brent crude futures rose 0.08% to $84.30 as U.S.-Iran attacks threatened supplies through Hormuz and the Red Sea.
Brent crude futures rose 0.08% to $84.30 as U.S.-Iran attacks threatened supplies through Hormuz and the Red Sea.
Cadeler (NYSE:CDLR) took delivery of Wind Ace, its 11th installation vessel, expanding its capacity for offshore wind projects.
Anna Edwards, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Beata Manthey, European equity strategy head at Citi, discusses recent market moves and short-term volatility. She tells Bloomberg Television the outlook for global stocks over the next six-to-twelve months remains positive. "Major indices around the world are hitting or are close to all-time highs," Manthey says.
The Travelers Companies (NYSE:TRV) reported Q2 net income of $2.208 billion, or $10.26 per diluted share, as underwriting results improved.
India's former Agriculture Secretary Siraj Hussain says deficient rainfall could curb crop output, lift food prices and weaken rural incomes. He discusses the economic impact of a weak monsoon on Insight With Haslinda Amin.
Incoming UK Prime Minister Andy Burnham is preparing to announce new drilling for oil and gas in the North Sea as well as taking public control of Thames Water within days of taking office. Bloomberg Economics' Ana Andrade breaks down the situation.
A marathon week of earnings from Wall Street banks and some of the world's biggest tech companies has delivered the latest sign of sustained demand for the artificial intelligence buildout. Meanwhile, investors remain sceptical on whether the AI-driven rally can withstand lofty valuations and uncertainty around the impact of the Middle East conflict continues to swirl. Opening Trade guests discuss whether global stocks can continue to build on earnings strength or if the AI trade has run its course.
The Trump administration is scrapping a decades-old policy that allows international students and exchange visitors to remain in the US for as long as their studies last. Bloomberg's Jill Disis discussed the new policy on Insight with Haslinda Amin.
SpaceX aborted Thursday's mission when some of its Starship rocket engines didn't fire up. The company said it will aim to launch again in a few days. The delay amounts to another setback for a spacecraft central to Chief Executive Officer Elon Musk's ambitions to put data centers in space, expand the Starlink communications network and send humans to the moon and Mars. Bloomberg Intelligence's Matthew Bloxham has more.
President Trump has accused China of interfering with US elections in 2020, claiming the Chinese government stole voter files. King's College London visiting lecturer, Samir Puri, suggests the move may be political misdirection amid continued tensions in the Middle East tensions and domestic election pressures. He appeared on Bloomberg's Insight with Haslinda Amin.
Amneal Pharmaceuticals (NASDAQ:AMRX) received FDA approval for four additional iohexol presentations targeting a U.S. market with approximately $706 million in annual sales.