Scage Future (NASDAQ:SCAG) reported cumulative deliveries of 203 vehicles, with fiscal 2026 deliveries including 78 autonomous port tractors and 40 Galaxy II trucks as the company provided operating updates and compliance information.
US-based academics Robert E. Hall and Michael Woodford will share the 2026 Nobel Prize in Economics for their work on the "microeconomic foundations of macroeconomic stabilization," according to the Royal Swedish Academy of Sciences in Stockholm. (Source: Associated Press)
Oil prices moved higher on Monday as traders weighed potential additional supplies against renewed geopolitical risks affecting Middle East energy infrastructure.
Investors are losing faith in France's ability to manage its debt burden. The European nation's fiscal crisis has been exacerbated by nationwide protests, where young people are demanding 10 billion ($11.2 billion) in funding to fix overcrowded classes and outdated school buildings. Bloomberg's Alan Katz reports.
The G-20 Common Framework, a global toolkit to help poorer nations avoid chaotic defaults faces a fresh test in Senegal. Amid mounting debt strains, the nation plans to use an improved version of the framework to secure a fair distribution of relief across creditors in what will be seen as a key test of its effectiveness. Bloomberg's Matthew Hill reports from the annual IMF & World Bank meeting in Bangkok.
Stellantis Chief Executive Officer Antonio Filosa says a Europe-US split of the company is "not plausible at all." Speaking with Bloomberg's Caroline Connan at the Paris Motor Show, he adds: "Our strategy is based on having all the brands playing their unique role, but all of them enjoy transversal technology."
Anna Edwards, Guy Johnson, Tom Mackenzie, and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Mirae Asset's Swarup Mohanty says India is emerging as a compelling non-AI investment hedge globally. He explains how rising capital allocation toward AI-driven productivity could further strengthen India's appeal. He spoke with Menaka Doshi on Bloomberg's Insight with Haslinda Amin.
Oil slipped as traders weigh a potential energy ceasefire between Ukraine and Russia while the IEA urged members to speed up pledged diesel releases. This comes after hostilities escalated across the Middle East, with strikes by Houthis on Saudi Arabia's Riyadh airport. Angela Wilkinson, Secretary General at the World Energy Council spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa to discuss the pressures on the energy markets.
The Middle East and North Africa's venture capital market is moving at two speeds. A report from Magnitt finds mega-rounds have raised $1.5 billion so far this year. But those deals mask a contraction in deal activity across the broader startup ecosystem. Philip Bahoshy, Founder & CEO at Magnitt spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa about their new report.
Senegal is using the Group of 20 Common Framework to rework its debt, a fresh test for the global toolkit to help poor nations avoid chaotic defaults. The African nation is aiming to use an improved version of the framework to secure a fair distribution of relief across creditors. Bloomberg's Matthew Hill breaks down the situation.
Renault SA Chief Executive Officer Francois Provost discusses Nissan's overhaul plan, which he says is "good," but adds that the automaker will have to "boost up" a bit its transformation to get on top of the industry's challenges. Provost speaks with Bloomberg's Caroline Connan at the Paris Motor Show.
