Oil slips 0.7% as supply signals improve
Brent crude fell 0.7% to $101.61 a barrel on Friday while West Texas Intermediate dropped 0.9% to $92.02 as traders weighed improving Middle Eastern supply against geopolitical risks.
Todas as matérias desta categoria, das mais recentes às mais antigas.
Brent crude fell 0.7% to $101.61 a barrel on Friday while West Texas Intermediate dropped 0.9% to $92.02 as traders weighed improving Middle Eastern supply against geopolitical risks.
Venture Global (NYSE:VG) signed a 20-year sales and purchase agreement with ConocoPhillips (NYSE:COP) to supply 1.0 million tonnes of LNG annually beginning in 2030.
CareTrust REIT (NYSE:CTRE) agreed to acquire 45 U.K. care homes from LNT for about £1.1 billion, including 24 properties acquired for approximately £576 million in the first closing.
Cullinan Therapeutics (NASDAQ:CGEM) initiated an FDA New Drug Application for first-line zipalertinib plus chemotherapy after REZILIENT3 showed a 6.0-month median progression-free survival improvement.
Manulife (NYSE:MFC) completed its previously announced long-term care reinsurance transaction with Munich American Reassurance Company, covering a policy block with C$3.2 billion of reserves.
Ultragenyx (NASDAQ:RARE) announced that the European Medicines Agency validated its marketing authorisation application for investigational gene therapy rebisufligene etisparvovec to treat Sanfilippo syndrome Type A.
Summit Therapeutics (NASDAQ:SMMT) announced a clinical trial collaboration with AstraZeneca (NASDAQ:AZN) and Daiichi Sankyo to evaluate ivonescimab with Datroway in multiple solid tumor settings, including breast and lung cancer.
Shriya Samarth, head of EMEA rates at StoneX Financial, discusses France's fiscal situation and the spread between French and German bond yields. The global bond rout has hit harder and faster in France amid concern about missed deficit targets, policy gridlock and presidential elections next year. "There's a lot of different risks mingling here, and the fact that the spread blew out so quickly is definitely concerning," Samarth tells Bloomberg Television.
As global government bonds wrapped up their worst quarter since 2024 due to higher oil prices and the threat of sticky inflation for the world economy, France is facing a particularly tricky trajectory. OAT-Bund spreads widened sharply as an increasingly fragmented government unveiled plans to narrow the nation's budget deficit, stoking investor concern over the country's debts. The Opening Trade spoke to guests about the economic outlook and investment landscape for France as the nation grapples with growing global and domestic pressures on it's finances.
PIMCO President Christian Stracke examines the forces driving the global bond selloff, the yield levels that could threaten equity markets, and whether investors are underestimating the extent of policy tightening still ahead. He speaks with Paul Allen on "Insight with Haslinda Amin."
Nvidia's artificial intelligence chips keep making their way to China despite US curbs. Government officials are asking why the company missed red flags, saying Washington's export controls have spawned a sprawling shadow trade. The company hasn't been accused of violating controls or willfully aiding smugglers, and said it abides by the rules. Bloomberg's Edwin Chan reports.
Noel Fisher, actor & founder of Prototype Productions, joins Bloomberg Businessweek Daily to discuss the economics of streaming and artificial intelligence's growing presence in the entertainment industry. Fisher speaks with hosts Carol Massar and Tim Stenovec on the sidelines of Bloomberg Screentime in Hollywood.
Tem um segundo para um cookie? 🍪Os cookies essenciais mantêm a Grafa funcionando bem. Alguns opcionais nos ajudam a ver o que está funcionando para melhorarmos. Você tem o controle — pode mudar de ideia quando quiser. Política de cookies · Política de privacidade