Bloomberg News and Videos — Page 117

Kamakshya Trivedi, chief FX and EM strategist at Goldman Sachs, discusses the impact of the ongoing conflict in the Middle East on commodities, inflation and what this means for the dollar. "You're beginning to see now the levels of increases in gas prices in Europe, in oil prices," he tells Bloomberg Television. "The dollar is beginning to, you know, acquire some degree of a front-footed nature," Trivedi adds.

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

Volkswagen Chief Financial Officer Arno Antlitz speaks on Bloomberg Television after the carmaker cut its revenue expectations for the year. "Chinese competitors are exporting not only cars, but also competitive pressure to Europe," Antlitz says. He adds that the group still has underused factories. "We have great products, but the costs are too high," he tells Bloomberg's Oliver Crook.

Rahul Verma of the Centre for Policy Research says student anger over exam paper leaks has evolved into a broader expression of frustration about economic opportunity and upward mobility, creating a different challenge for Prime Minister Narendra Modi.

CATL may find it easier to impress investors with its upcoming financial results, after the world's top battery maker's stock valuation slumped to a one-year low. Macquarie Capital's Eugene Hsiao thinks the volatility in the stock has been driven by a weak domestic auto sector and high lithium prices.

The Magnificent Seven technology giants suffered their biggest one-day drop since the tariff tantrum in April 2025 on Thursday, with an index of the group falling 4.8% and wiping out $797 billion in market value. The selloff pushed the S&P 500 Index down 1.2%, while the tech-heavy Nasdaq 100 Index sank 1.9%. Bloomberg MLIV's Ven Ram breaks down the situation.

Hope of hostilities easing between the US and Iran are fading quickly with neither side backing down or saying it's time for new negotiations. The conflict also faces a fresh threat of escalation as Iran-backed Houthis claimed their first attack on commercial ships in recent months. Investors and central banks are now confronting the possibility that the attack could effectively close another maritime chokepoint vital to energy markets. The Opening Trade spoke to guests about what the rebound in oil prices could mean for companies as Europe stares down the barrel of dwindling gas supplies.

The US will collect duties of between 10% and 12.5% on imports from most major trading partners. The new levies follow an investigation into the alleged failure of around 60 economies to prevent forced labor in their supply chains to the detriment of American workers. The move aims to reconstruct President Donald Trump's tariff wall that was pierced by the Supreme Court. Bloomberg's Rosalind Mathieson reports.

Cambodian Deputy Prime Minister Sun Chanthol says his government is pleased with the 10 percent duty currently imposed by the United States on imports from Cambodia. He speaks with Avril Hong from Phnom Penh on "Insight with Haslinda Amin."

Dangote Group's Mariya Dangote confirms that the conglomerate is preparing for a secondary listing targeting London by the end of the year, while Fatima Dangote says the refinery business shows how Africa can execute mega projects.