United States Financial

Illycaffe CEO Cristina Scocchia discusses coffee prices and possible growth opportunities for the company. Speaking on Bloomberg Television, Scocchia also says an initial public offering for the coffee roaster remains a "strategic opportunity," but the economic environment is not the right one. "When the market conditions will improve, we will re-evaluate all the options including the IPO and we will decide if, when, and where to list the company," Scocchia tells Bloomberg's Francine Lacqua.

Hetal Dalal, COO and President of IiAS, a corporate governance and proxy advisory firm, says Tata Sons is expected to "put up a fight" against the RBI's efforts to require a listing. She argues that an IPO could constrain the group's operating flexibility.

European Commission President Ursula von der Leyen proposed Canada becoming the first associate member of the European Union. "I would like to work with you on opening the door for Canada to being the first associate member of the European Union," von der Leyen said during her state of the union address in Strasbourg, France, with Canadian Prime Minister Mark Carney in attendance.

European Commission President Ursula von der Leyen says "a stronger, more independent Europe is now emerging." She speaks in Strasbourg, France, during her state of the union address.

Brookfield (NYSE:BAM) agreed through its flagship private equity strategy to acquire 100% of Reliance Worldwide Corporation for US$3.38 per share in an all-cash transaction with an enterprise value of approximately US$2.8 billion.

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Hong Kong leader John Lee has unveiled the city's first five-year plan, a blueprint his administration has crafted as it seeks to align the city's priorities with China's national strategy.

Alan Chan, Managing Partner at the Hong Kong-based family office Full Vision Capital, discusses his vision for investment opportunities for Hong Kong, and the city's move to align closer to China's economic plans with its own five-year plan. The firm focuses on investments that support Hong Kong's green transition and innovation development. He speaks with David Ingles on "Bloomberg: The Asia Trade".

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said artificial intelligence labs should rely on independent evaluators and advisers to ensure that models are safe.  Earlier, Nvidia Corp. Chief Executive Officer Jensen Huang made similar remarks, saying safety should be a regular part of the development process, and companies can decide not to release things that are harmful. Bloomberg Intelligence's Matthew Bloxham breaks down the situation.

The AI boom is creating a new class of billionaires in some unlikely places. Since the rise of ChatGPT in 2022, companies manufacturing overlooked industrial products and obscure hardware have seen their fortunes soar as demand for AI infrastructure takes off. Bloomberg Billionaires reporter Pui Gwen Yeung breaks down how these companies have struck gold.

Oil dropped as a rally driven by supply disruptions left gains looking overdone, and a US industry report pointed to a rise in stockpiles. The situation in the Middle East remains on an escalatory path, with threats to passage through the Red Sea and Hormuz, alongside pipeline damage in Saudi Arabia. Guy Wolf, Global Head of Market Analytics at Marex spoke to Bloomberg's Abeer Abu Omar on the oil market reaction.

Kher Sheng Lee, MD and APAC Co-Head at the Alternative Investment Management Association, says his industry group looks forward to more accommodative measures that will help the industry expand in Hong Kong.