Airtel Money Chief Executive Officer Ian Ferrao discusses the mobile payments firm's decision to start trading on the London Stock Exchange on Friday in what could be the largest initial public offering for the bourse in five years. The IPO is "a big milestone for Airtel," Ferrao tells Bloomberg Television.
China's central bank rejected claims that the yuan is undervalued as trade talks began with the European Union, where officials have increasingly blamed trade imbalances on the exchange rate. The People's Bank of China argued that exchange-rate adjustments won't resolve structural imbalances in the global economy. Bloomberg's Oliver Crook reports.
Ecobank and China's Cross-Border Interbank Payment System have signed a MOU to strengthen payment connectivity between China and Africa. It comes as the pan-African banking group opens its first office in Beijing. Jeremy Awori, Group CEO of Ecobank spoke to Bloomberg's Chief Africa Correspondent Jennifer Zabasajja on Horizons Middle East & Africa about their agreement with China plus their operations in Senegal and the future of their Chairman.
A selloff in Bahrain's bonds is pushing its borrowing costs to levels last seen during the nation's 2018 crisis. The heavily indebted Gulf state is grappling with the fallout from the Iran war just as surging US Treasury yields drive up its debt-servicing costs. Zeina Rizk, Co-Head of Fixed Income at Amwal Capital Partners spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the bond performances in the GCC. Corrects misquote in headline.
A selloff in Bahrain's bonds is pushing its borrowing costs to levels last seen during the nation's 2018 crisis. The heavily indebted Gulf state is grappling with the fallout from the Iran war just as surging US Treasury yields drive up its debt-servicing costs. Zeina Rizk, Co-Head of Fixed Income at Amwal Capital Partners spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the bond performances in the GCC.
US President Donald Trump said in a social media post on Thursday that the US would not be attacking Iran before November's midterm elections. His decision comes despite Iran escalating attacks on tankers in the Strait of Hormuz, Tehran-backed militants in Yemen attacking energy facilities in Saudi Arabia and Trump's decision to move US bombers from a base in the UK because of possible Iran-linked threats. Bloomberg's Stuart Livingstone-Wallace reports.
Invesco (NYSE:IVZ) reported preliminary assets under management of $2.5378 trillion at September 30, 2026, representing a 0.9% decline from the previous month-end.
Macau's casinos have been facing a deepening slowdown, with gaming revenue falling for a fourth straight month in September, as China tightens scrutiny of capital outflows. But Las Vegas Sands CEO, Patrick Dumont, told Bloomberg's Stephen Engle that he remains bullish on the region, amid the trade truce between China and the US.
Seema Shah, Chief Global Strategist at Principal Global Investors, discusses the AI capex cycle and the impact on investor sentiment. She speaks with Avril Hong on the sidelines of the Milken Institute Asia Summit in Singapore.
Michael Hurlston, CEO of Lumentum, says the optoelectronic products his company produces for AI infrastructure projects are effectively "sold out" through nearly 2029, driven by surging demand from technology companies. He discusses the business outlook and global demand for AI, speaking exclusively with Shery Ahn on "Bloomberg: The Asia Trade".
Baiju Bhatt, Cowboy Space's Founder and CEO, says the company is developing an energy grid in orbit. Its first satellite, Reason 1, reached orbit on a SpaceX rideshare, and the team has made contact and is communicating with it daily. He speaks with Romaine Bostick on "The Close."
True Religion CEO Michael Buckley discusses the brands comeback, noting its origins as a premium women's denim brand in the early 2000s and its recent pivot toward more affordable offerings. Gen Z interest and attention from celebrities have helped revive the brand. He speaks with Romaine Bostick on "The Close."
