The sheer volume of AI-related debt issuance could pressure spreads, according to Miriam Wheeler, global head of leveraged finance at Goldman Sachs. "If you look at the last couple weeks in the market on the non-IG [investment grade] side, we have seen some spread widening, particularly in the AI space," Wheeler tells Bloomberg Television.
Chris Rokos, the founder of Rokos Capital Management, is set to leave the UK and switch his residency to Greece, people with knowledge of the arrangement said. Rokos will also open an office in Athens as part of the move, one of the people said. He is the latest in a string of high-profile financiers and business leaders that have chosen to leave after the abolition of the UK's long-standing non-dom regime and increased taxes on everything from private equity investments to inheritances and capital gains. Bloomberg's Jack Sidders reports.
Canada has imposed tariffs of 15% to 50% on hundreds of products from the US on Tuesday, as Prime Minister Mark Carney bets that standing up to President Donald Trump will eventually help Ottawa's negotiating position with its biggest trading partner. Carney's government increased the import tax on many US steel items to 50% from 25%, and applied tariffs to a range of consumer goods including motorcycles, cosmetics and cheese. The measure will hit US exporters particularly hard in states such as Michigan and Ohio that do a lot business with Canada and host heated races in November's midterm elections. Our Trade Tsar Brendan Murray joins Stephen Carroll and Caroline Hepker on Bloomberg Radio to discuss.
Brent oil approached $100 a barrel after Saudi Arabia said operations at several energy facilities in the kingdom's south were halted by attacks. Oil trader Vitol Group estimated that oil flows through the Strait of Hormuz are about half of pre-war levels, but added that an exact figure is hard to quantify. Bloomberg's Will Kennedy has the latest.
Canada's imposition of tariffs on hundreds of US products is a calculated risk for Prime Minister Mark Carney. US officials have repeatedly said they won't tolerate retaliation, but declined to specify how or when US President Donald Trump may respond with fresh measures of his own. Bloomberg's Brendan Murray explains the situation.
Hang Feng Technology Innovation (NASDAQ:FOFO) reported first half 2026 revenue of $362,511 and a net loss of $553,033 as corporate management consulting revenue declined during a strategic shift toward real-world asset initiatives.
Markets can withstand a 25 basis-point interest-rate increase by the Federal Reserve, according to Bruce Richards, managing partner and head of CVC Marathon. "The consumer is doing well, corporate earnings are doing well, the economy is doing well," Richards says on Bloomberg Television. (Corrects guest's company name and title.)
Markets can withstand a 25 basis-point interest-rate increase by the Federal Reserve, according to Marathon Asset Management CEO Bruce Richards. "The consumer is doing well, corporate earnings are doing well, the economy is doing well," Richards says on Bloomberg Television.
Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
David Cowan, Africa Economist at Citi Research, says South Africa has yet to turn the corner on growth, with the economy showing resilience rather than a strong acceleration. He also says Zimbabwe's recovery is benefiting from improved fiscal discipline, higher gold and lithium prices and stronger agricultural exports. Cowan discusses the challenges of de-dollarization, signs of renewed foreign investor interest and the importance of Zimbabwe getting its lithium policy right with Abeer Abu Omar on Horizons Middle East & Africa.
Willem Sels, global chief investment officer at HSBC Private Bank, says the the economy and corporates have proved "more resilient than people thought" and further AI-driven productivity gains are one reason why he is "more bullish on the US than on Europe." Sels speaks on Bloomberg Television.
Anthropic has decided against acquiring artificial intelligence startup Decart AI, according to people familiar with the matter. The companies may still pursue other opportunities to collaborate, one of the people said. Bloomberg's Neil Campling has the details.
