Bloomberg News and Videos — Page 664

Mark Haefele, CIO of global wealth management at UBS, discusses the impact of AI on global equities as he raises his year-end target on the S&P 500 to 7,900.

Taiwan prosecutors suspect three individuals successfully smuggled at least one shipment of Nvidia AI chips to China after first exporting them to Japan, people familiar with the matter said. The trio was detained for allegedly falsifying documents related to exports of Super Micro Computer servers containing advanced Nvidia chips, which the US has barred from sale to China without a license. Bloomberg Intelligence's Matthew Bloxham breaks down the situation.

Russian airlines are circumventing US, European Union and UK sanctions by procuring aviation equipment via India, Turkey, the United Arab Emirates and Kazakhstan, among others, a Bloomberg investigation shows. Some spare parts were tracked by serial numbers as they journeyed from Western suppliers to intermediaries to Russian companies. Bloomberg News contacted parties involved in such deals, and several said they would no longer do business with each other or with Russia. Bloomberg's Kate Duffy reports.

Sharon Bell, equity strategist at Goldman Sachs, discusses the artificial intelligence trade and why she thinks European stocks, and not just tech firms, can benefit. She speaks on Bloomberg Television.

As global banking executives weigh the potential impact of artificial intelligence on their industry, research by Bloomberg Intelligence finds that AI will likely impact 27% of workers across all sectors in advanced economies more than 120 million in the 31 countries covered by the study. Bloomberg's Charlie Wells and Ana Andrade have more.

Former BP Chairman Albert Manifold says he was fired without warning or explanation and will challenge the company's version of events, deepening the turmoil around the UK oil major's latest leadership change. BP fired Manifold on Tuesday after eight months on the job, citing "serious concerns" related to "governance standards, oversight and conduct." Bloomberg's Mitchell Ferman has more.

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

For the past several months, the Civil Aviation Administration of China has delayed the final approval that allows Airbus jets to enter the country and be put into service, according to people familiar with the matter. The move signals impatience with how long European regulators are taking to certify Chinese-made aircraft. Bloomberg's Danny Lee reports.

Jens Eskelund, President of the European Union Chamber of Commerce in China, tells Bloomberg's The China Snow that the business group's latest survey shows an "inflection point" in confidence.

Carlyle Co-Founder and Co-Chairman David Rubenstein discusses his outlook for interest rates and his expectations of the Federal Reserve under Chair Kevin Warsh. He also shares his views on investing with Stephen Engle from the sidelines of the UBS Asian Investment Conference in Hong Kong.