Kelsey Berro, fixed income portfolio manager at JPMorgan Asset Management, examines the bond market's response to US CPI data and the selloff in the artificial-intelligence trade. She speaks on "Bloomberg Brief."
As South Africa's state power utility relinquishes its monopoly over electricity provision, CEO Dan Marokane says it will remain a dominant player in the country and take on an increasingly important role in neighboring states. He spoke to Bloomberg Television's Jennifer Zabasajja at the company's Johannesburg offices.
Ukrainian President Volodymyr Zelenskyy has ordered attacks on Russian oil refineries to resume, ending a three-day pause on strikes in response to US President Donald Trump's call last week for an "energy ceasefire." Moscow has continued attacking Ukrainian energy infrastructure and civilian targets over the last few days leading to a mounting death toll. Tony Halpin reports on Bloomberg Television.
Chancellor of the Exchequer John Healey discusses the International Monetary Fund's comments that the UK is the "country that basically stands out" for plotting a path to bring down borrowing. Speaking to Bloomberg's Lisa Abramowicz in Bangkok, Healey also discusses the importance of banks to the British economy, declining to comment on potential tax measures in the government's Oct. 28 budget. (Corrects spelling of guest's name in headline.)
Chancellor of the Exchequer John Healey discusses the International Monetary Fund's comments that the UK is the "country that basically stands out" for plotting a path to bring down borrowing. Speaking to Bloomberg's Lisa Abramowicz in Bangkok, Healey also discusses the importance of banks to the British economy, declining to comment on potential tax measures in the government's Oct. 28 budget.
Christel Rendu De Lint, Co-CEO of Vontobel, on AI, cyber risks and if UBS left Switzerland. 'I would prefer them to stay. It's a brand for the Swiss economy, losing a major brand, a major actor, it's a loss'. She speaks on Bloomberg's "The Opening Trade" with Anna Edwards, Guy Johnson and Tom Mackenzie.
Lebanese Central Bank Governor Karim Souaid said talks with the IMF are progressing at a good pace. This comes as the country commenced high level negotiations with the Fund on the sidelines of the IMF-World Bank meetings in Bangkok. Souaid spoke exclusively to Bloomberg's Avril Hong on Horizons Middle East & Africa.
Technology Hardware and Semiconductor Research Head at Rothschild & Co Redburn Timm Schulze-Melander joins Bloomberg's Anna Edwards and Guy Johnson. "We are in the middle of a very powerful platform change and so far it has actually proven very resilient to rising rates, to supply-demand constraints, etc. It's been remarkably resilient," he says on "The Opening Trade."
Henry Allen, macro strategist at Deutsche Bank Research, discusses market moves as a selloff in the artificial intelligence trade gathered speed. "If it was a concern, we'd be seeing broader stock market see bigger falls," he tells Bloomberg Television. "The fact that we haven't seen that spread to Europe, for instance, we haven't seen that contagion, that slowdown elsewhere, I think is a promising sign," Allen adds.
Biocon Executive Chairperson Kiran Mazumdar-Shaw told Bloomberg's Francine Lacqua that a wave of expiring biologic patents provides a major runway to expand affordable cancer biosimilars and elevate the company above its current top-five global ranking. Speaking on the sidelines of the Bloomberg New Economy Forum in New Delhi, Mazumdar-Shaw added that while AI accelerates molecular discovery, the true "holy grail" is using the technology to abbreviate long, expensive clinical trials by predicting safety and efficacy.
Anna Edwards, Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
ReNew CEO Sumant Sinha shares his views on India's ambitions for independence in its green-energy supply chain. He speaks at Bloomberg's New Economy Forum in Delhi.
