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The Latest Breaking News from Bloomberg Television

War weighs on global growth with price worries intensifying

Global economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors are struggling. Costs are forcing companies to absorb losses or pass them to customers. Policymakers grapple with balancing inflation control and economic growth. Investors are concerned about potential interest rate hikes.

The Economic Times

China market for Nvidia AI chips to open 'over time': CEO Jensen Huang

Nvidia boss Jensen Huang expects China to eventually open its market to high-end US chips that can train and run artificial intelligence systems. "My sense is that over time the market will open," added Huang, CEO of Nvidia - the world's most valuable company, due to huge demand for its…

The Economic Times

US-EU Tariff Talks Progress As Trump Announces Japan Deal

United States and European officials signaled progress in tariff talks Wednesday, after US President Donald Trump announced a pact with Japan and China said its vice premier would attend bilateral negotiations next week.

International Business Times

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Who could succeed David Solomon as Goldman Sachs' CEO?

The Goldman Sachs CEO succession race isn't over until it's over, but there appears to be a clear frontrunner. Here's who is seen as a contender to follow David Solomon.

Fortune

Power Players: Meet the women reshaping 10 key European industries

This year, Fortune curated a list of female leaders at the helm of European companies across the continent’s biggest industries.

Fortune

Michael Grimes, Star Banker Behind Musk's Twitter Buyout, To Lead Sovereign Wealth Fund: Reports

Michael Grimes has reportedly been recruited to lead the sovereign wealth fund being pushed by U.S. President Donald Trump – he is known as a key dealmaker in the investment realm and also for his role in Elon Musk's acquisition of Twitter.

International Business Times

The people who shaped European business in 2024

Fortune set out to pick the leaders who’ve kept Europe at the center of global debates in 2024. Their presence portends the year to come.

Fortune

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Meet the ultra-rich Trump and Harris backers

There are billionaires on both sides of the aisle this November. Here’s where they fall:

Fortune

Guest list for Mike Lynch's fatal boat party filled with Autonomy players

Former employees of Autonomy, key figures in the HP acquisition, and lawyers who defended Lynch were all on board the Bayesian superyacht.

Fortune

Are oil prices heading to $100 this summer as a global shortage takes hold?

When oil jumped above $90 a barrel just days ago, military tensions between Israel and Iran were the immediate trigger. But the rally’s foundations went deeper — to global supply shocks that are intensifying fears of a commodity-driven inflation resurgence.

The Times of India

‘Bet On It’: Netanyahu Says Israel About To Make History With Saudis

Netanyahu is optimistic that his government will be able to achieve some level of normalcy with Saudi Arabia in the coming months.

Zenger

Germans aren’t buying Scholz’s plan to keep them safe and rich

Chancellor Olaf Scholz is struggling to persuade Germans he can handle the litany of troubles looming over the country he has led since 2021.

Tribune News Service

Circle Eyes Hong Kong’s Growing Crypto Market Amid Regulatory Changes

Circle Internet Financial is paying close attention to Hong Kong's digital assets markets after the implementation of new cryptocurrency regulations.

Zenger

Sexual assault survivor slams Biden’s judicial nomination

‘I’m pretty jaded, even at the age of 24 ... but at the same time, I did have higher hopes for this White House,’ Chessy Prout says

The Independent UK

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Asharq Al-Awsat

US Increases Pressure on China to Stop Iran Oil

The US said it will increase pressure on China to stop buying Iranian oil, as the White House seeks to enforce sanctions aimed at curbing the Iran's nuclear activities. This comes two weeks before the anticipated visit of US Secretary of State Antony Blinken to Beijing. “China is the main…

The Times of India

Crypto's latest mystery: Who is the owner of major exchange Huobi?

In the vexing world of cryptocurrencies, the seemingly simple question of who owns an exchange can turn out to be fiendishly tricky.

Tribune News Service

Larry Summers says world will study 'Abenomics' when stagnation returns

Former Treasury Secretary Lawrence Summers predicted that policy makers in developed nations around the world will study the legacy of Abenomics, a framework he described as an aggressive attempt to address the challenges of economic stagnation.

People

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