Japan plans to invest up to $36 billion in US oil, gas and critical mineral projects, including a natural gas facility in Ohio and a deepwater crude export facility in the Gulf of Mexico. The investment is the first tranche of its $550 billion commitment under the trade agreement it struck with President Donald Trump. Tyler Kendall reports on Bloomberg Television.
The AI scare trade retreated Wednesday as dip-buyers stepped in after concerns over artificial intelligence battered equity markets. Mandeep Singh of Bloomberg Intelligence has more.
The fight for artificial intelligence supremacy is between open versus closed systems rather than where those systems are built, according to Mistral AI's chief executive officer, Arthur Mensch.
CPI slowed to 3% as expected in January, reinforcing the case for a rate cut by April, if not in March from the Bank of England.
UK inflation dropped to a 10-month low, the Office for National Statistics said Wednesday, bolstering the case for an interest-rate cut when the Bank of England meets next month. Jefferies economist Modupe Adegbembo, speaking on Bloomberg Television, forecasts 75 basis points of rate reductions in 2026. "We think growth is weaker than expected," she says. "The second factor is that we think looking at the labor market, the labor market conditions are not doing well right now."
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Sophie Huynh, portfolio manager and strategist at BNP Paribas Asset Management, explains why the firm has had a preference for tech hardware over software stocks for over a year. "In terms of hardware, we knew that there was going to be demand for memory," Huynh explains.
Warren Buffett's Berkshire Hathaway slashed its stake in Amazon by more than 75% in the fourth quarter, while also building a stake in the New York Times, his last new bet as chief executive officer of the conglomerate. Bloomberg's Abeer Abu Omar reports.
European Central Bank President Christine Lagarde is expected to step down from her role before her eight-year term ends in October 2027, according to a Financial Times report. Lagarde wants to leave before the French presidential election in April next year, which would allow French President Emmanuel Macron and German Chancellor Friedrich Merz to find her replacement together, the report said, citing an unidentified person familiar with her thoughts on the matter. It isn't clear yet when she may exit, the report said. Bloomberg's Jana Randow explains.
EV Resources (ASX:EVR) announced a technical breakthrough at its flagship Los Lirios Antimony Project, producing its first metallic antimony ingots.
Ignite (ASX:IGN) reported a statutory profit of $308,000 for the half-year ended Dec. 31, 2025, a 50% decrease compared to the previous year.
Cyclopharm (ASX:CYC) announced the approval of its flagship technology, Technegas, for clinical use at the National Institutes of Health.
