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Bloomberg
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Cowan: South Africa Has Yet to Turn Growth Corner

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.

Read more: Cowan: South Africa Has Yet to Turn Growth Corner
Bloomberg
Financial

Mistral AI Raises 3 Billion With Samsung Leading the Round

French artificial intelligence company Mistral AI is raising 3 billion ($3.49 billion) in a Series D funding round, with Samsung Electronics joining the round. Chief Executive Officer Arthur Mensch argues that the company is probably still undervalued and that macroeconomic reasons are starting to show that open source models will win. He speaks with Bloomberg's Tom Mackenzie.

Read more: Mistral AI Raises 3 Billion With Samsung Leading the Round
Bloomberg
Financial

Bathla Crisis Exposes Australia's Property Lending Risks

Insolvent Australian property developer Bathla Group has secured enough stopgap funding to survive a few weeks, but it still faces $2.5 billion in creditor claims. Thousands of homebuyers remain in limbo after the firm told 213 staff members to stop work, halting construction on some projects. Bloomberg Economist James McIntyre and Private Credit Reporter Sharon Klyne join "Bloomberg: The Asia Trade" to discuss the implications for Australia's property sector.

Read more: Bathla Crisis Exposes Australia's Property Lending Risks
Bloomberg
Financial

How the AI ROI Gap Comes Down to Trust

Companies investing in trustworthy AI practices are far more likely to see strong returns from the technology, according to new research from SAS. But trust remains a hurdle: 97% of users override AI recommendations at least some of the time, while employees are less likely to trust increasingly autonomous AI agents. Jay Upchurch, SAS Executive Vice President and Chief Information Officer, joins Bloomberg's Anna Edwards on Bloomberg Television.

Read more: How the AI ROI Gap Comes Down to Trust
Bloomberg
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Spider-Man, Odyssey Help Power Box Office Comeback

Hollywood is having its best year since 2019 as moviegoers return to theaters in force. Global ticket sales are up 15% from last year, with five films topping the billion-dollar mark. Daniel Loria, Senior Vice President at The Boxoffice Company, discusses what's driving the box office comeback and whether the momentum can last.

Read more: Spider-Man, Odyssey Help Power Box Office Comeback
Bloomberg
Financial

Crude Poised for Significant Leg Higher, Energy Aspects Says

Energy Aspects founder Amrita Sen discusses China's demand for oil and the outlook for crude prices as disruptions in the Strait of Hormuz continue. "We've been talking about diesel and gasoline prices being super high, and they need to stay high, but I think crude is about to close that gap," Sen tells Bloomberg Television.

Read more: Crude Poised for Significant Leg Higher, Energy Aspects Says