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Bloomberg
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US Energy Secretary Wright on Mideast Oil Flows, Hormuz, Refining

US Energy Secretary Chris Wright says he expects Saudi Arabia's East-West Pipeline to the Red Sea to be up and running "very soon." Wight also discusses flows of crude oil and oil products through the Strait of Hormuz and the status of the US's strategic petroleum reserve on "Bloomberg Surveillance."

Leia mais: US Energy Secretary Wright on Mideast Oil Flows, Hormuz, Refining
Bloomberg
Financial

Bonds Making It Clear the Fed Needs to Hike, Morgan Stanley's Hornbach Says

Matt Hornbach, global head of macro strategy at Morgan Stanley, expects the Federal Reserve to deliver a 25 basis-point rate hike on Wednesday. He says, "it's certainly a possibility that the Fed is one and done but that's not what the markets are pricing in at the moment."

Leia mais: Bonds Making It Clear the Fed Needs to Hike, Morgan Stanley's Hornbach Says
Bloomberg
Financial

China Rejects AI 'Fearmongering' as CEO's Urge Slowdown

China criticized dire warnings about AI's risks after leading US technology executives backed calls to slow the development of advanced models and warned that a Chinese advantage could threaten American national security. spokesman Guo Jiakun said "Fearmongering, confrontation and vicious competition will only disrupt the process of global AI governance and serve the interests of no one,". The comments came after Anthropic CEO Officer Dario Amodei called for companies to moderate the pace at which they improve AI capabilities, warning that safeguards are failing to keep up. Our Tech Europe Anchor Tom Mackenzie Joins Stephen Carroll and Caroline Hepker on Bloomberg Radio to discuss

Leia mais: China Rejects AI 'Fearmongering' as CEO's Urge Slowdown
Bloomberg
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Anthropic's Solution to AI Danger Is 'Quite Vague': Opinion

Bloomberg Opinion columnist Parmy Olson discusses Anthropic PBC Chief Executive Officer Dario Amodei's proposal that AI labs should slow down their most cutting-edge research. "Pacing or slowing down does also just essentially kick the can down the road," Olson says on Bloomberg Television. "Dario's essay was quite vague in terms of how he thinks that should happen."

Leia mais: Anthropic's Solution to AI Danger Is 'Quite Vague': Opinion
Bloomberg
Financial

M&G's Municchi Says Investors 'More Wary' About AI Trade

Maria Municchi, multi asset fund manager at M&G Investments, discusses the outlook for the artificial intelligence trade after leaders of the biggest firms proposed slowing the technology's development. She tells Bloomberg Television that while "price will continue to behave pretty well," markets are becoming "a little bit more wary" about whether the capex boom will translate into delivered earnings.

Leia mais: M&G's Municchi Says Investors 'More Wary' About AI Trade
Bloomberg
Financial

Fed's Warsh on Trump Collision Course as Rate Hike Looms

The Federal Reserve faces mounting pressure to hike interest rates this week to tame elevated inflation, putting Chairman Kevin Warsh on a collision course with US President Donald Trump, who has repeatedly pressed the central bank to slash rates. Bloomberg MLIV's Mark Cranfield previews Wednesday's decision, and also what to expect from the Bank of England and Bank of Japan.

Leia mais: Fed's Warsh on Trump Collision Course as Rate Hike Looms
Bloomberg
Financial

UniCredit's Orcel to Meet German Finance Minister

UniCredit Chief Executive Officer Andrea Orcel and German Finance Minister Lars Klingbeil are set to meet and "engage in a dialogue" to discuss a potential deal over Commerzbank. The talks mark a clear break from Berlin's previous effort to thwart a transaction that might end up being the largest across global banking in almost two decades. Bloomberg's Steven Arons breaks down the situation.

Leia mais: UniCredit's Orcel to Meet German Finance Minister
Bloomberg
Financial

Alhasan: Houthis Gain in Yemen Significant for Iran

Oil pushed higher after Saudi Arabia shut a major crude pipeline following attacks, disrupting a route used to bypass the Strait of Hormuz during the US-Iran war. Meanwhile, a planned meeting between Iran and several Gulf nations on creating a temporary shipping lane through the Strait of Hormuz has been postponed. Hasan Alhasan, Senior Fellow for Middle East Policy at the International Institute for Strategic Studies spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the developments in the region.

Leia mais: Alhasan: Houthis Gain in Yemen Significant for Iran