| 12.07.2024 21:51BNY Surges to Record After вЂ?Cautiously Optimistic’ Forecast Bank of New York Mellon Corp. surged to a record high after reporting better-than-expected net interest income and offering a “cautiously optimistic” forecast for the rest of the year.12.07.2024 21:49Top US House Democrat meets with Biden over re-election doubts Hakeem Jeffries becomes the party’s first congressional leader to publicly relay concerns of rank-and-file12.07.2024 21:46Big Bank Stocks Stumble After Earnings Missteps The biggest US bank stocks have been trouncing the broader market this year, but the rally got a brake-check from results that underwhelmed investors.12.07.2024 21:34StubHub Puts Off US IPO Launch Until After Summer StubHub Inc. is postponing the planned launch of its US initial public offering until after the summer at the earliest, citing unfavorable market conditions, according to a person familiar with the matter.12.07.2024 21:34Trafigura and Mubadala Plan Sale of Rio Iron-Ore Port Trafigura Group and Mubadala Capital are exploring the sale of a Brazilian iron-ore port terminal operator they acquired from former billionaire Eike Batista about a decade ago, according to people familiar with the matter.12.07.2024 21:33EU accuses Musk’s X of deceptive practices over blue вЂ?checkmark’ Brussels regulators use new digital powers to threaten social media company with huge fines over transparency issues 12.07.2024 21:27 Bloomberg Surveillance 07/12/2024 Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern have the economy and global markets under surveillance. Their daily conversations with leaders and decision makers from Wall Street to Washington and beyond cover the latest in business, investment, and geopolitics. No other program better positions investors and executives for the trading day. (Source: Bloomberg)12.07.2024 21:06Labour are completely right on the need to fix criminal justice From packed prisons to closed police stations and courts, law and order is in retreat12.07.2024 21:05Carpetright on brink of collapse as retailer seeks buyer UK carpet brand with nearly 2,000 staff set to appoint administrators after data hack12.07.2024 21:00The GOP’s competing visions for America’s global role As Nato and the NatCons meet, Republican foreign policy views mark a break with Reagan’s traditional conservatism 12.07.2024 20:59Nigeria’s Dangote Oil Refinery Adds Brazilian Crude to Its Diet Nigeria’s giant new refinery near Lagos is to import a cargo of Brazilian crude, adding to the large number of overseas barrels that Africa’s biggest oil-producing nation is taking.12.07.2024 20:33US banks warn of stress among lower-income consumers Earnings from lending fall at JPMorgan, Citigroup and Wells Fargo in second quarter12.07.2024 20:32FCC Investigating Massive Hack of AT&T Customer Data The Federal Communications Commission is investigating a hack of AT&T customer data impacting records of calls and texts for nearly all of its mobile-phone users for a six-month period in 2022. John Butler of Bloomberg Intelligence has the details. (Source: Bloomberg)12.07.2024 20:30Carson Block Says вЂ?Easy to Demonize Short Sellers’ in New Lament Carson Block is certain that markets need short sellers “more than ever.” The problem: a relentless stock rally and fresh regulatory challenges are weighing on his bearish peers struggling to raise capital.12.07.2024 20:21Block: Some Regional Banks Look Interesting for Shorting “Certainly there are some regional banks that could be interesting,” Carson Block, Muddy Waters founder and CIO, says on “Bloomberg Open Interest.”12.07.2024 20:17El-Erian Sees Fed Quietly Adopting Higher Inflation Target: Surveillance 12.07.2024 20:09El-Erian Says Politics Threaten September Rate Cut Odds “There are two factors that complicate a September cut for this Fed. One is they may get one bad data point — the second issue is the politics,” Mohamed El-Erian, a Bloomberg Opinion contributor, says on “Bloomberg Surveillance.” El-Erian’s opinions are his own.12.07.2024 20:04Offenders to be released early to avert UK prisons crisis Labour to shorten automatic release point for some prisoners from 50% to 40% of sentence12.07.2024 20:00Treasury Market Hits a Turning Point as Path Clears for Fed Cuts The world’s biggest bond market is reaching a turning point, with US Treasuries wiping out their 2024 losses as traders start to embrace the idea of three interest-rate cuts this year.12.07.2024 19:58Crypto Trading Platform Abra Buys Valkyrie’s Private Trusts Crypto trading platform Abra said it had acquired several private cryptocurrency trusts from Valkyrie Investments, shortly before it settled with 25 US state financial regulators for operating without appropriate licenses.12.07.2024 19:29ADM Scraps Ventures With LG Chem as Construction Costs Rise Agricultural giant Archer-Daniels-Midland Co. has halted its joint ventures with LG Chem Ltd. to make materials for plant-based products such as bioplastics due to high costs.12.07.2024 19:24US Consumer Sentiment Slides to Eight-Month Low US consumer sentiment declined unexpectedly to 66 in July from 68.2, falling to the lowest level in eight months. Matt Miller reports on “Bloomberg Open Interest.” (Source: Bloomberg)12.07.2024 19:20Creditors Fight Back Against Asset Stripping in New Bond Sales Loose bond documentation that flourished in the easy-money era has left investors vulnerable to asset stripping in recent debt deals. Now they’re fighting back.12.07.2024 19:16Kenya President Names Acting Police Boss After Deadly Protests Three weeks after a brutal police crackdown on anti-tax demonstrations in Kenya that left at least 41 people dead, President William Ruto on Friday named new security chiefs as seeks to quell unrest in East Africa’s most industrialized economy.12.07.2024 19:09Airbus Starts Cost-Saving Plan as Aviation Industry Turns Gloomy Airbus SE has embarked on a plan to improve its performance and keep costs in check in response to supply-chain constraints and rising expenses.12.07.2024 19:06Carpetright on the Brink With 1,800 Retail Jobs at Risk Carpetright Ltd. is preparing to enter into insolvency proceedings, putting more than 1,800 jobs at risk as the retail chain looks for a buyer.12.07.2024 19:04Saudi Arabia Extends Its Embrace of the World of Video Games For struggling American video game companies, Saudi Arabia’s investments in the industry have been hard to resist. Not all gamers are happy about it.12.07.2024 19:01Zimbabwe Bankers Back Plan to Adopt ZiG as Sole Currency Before 2030 Zimbabwe’s banks support adopting the ZiG as the nation’s sole currency before the current target date of 2030, provided the economic stability which the bullion-backed unit has delivered is maintained.12.07.2024 19:01El-Erian Says US Politics Threaten Chances of September Fed Cut The odds of a September interest-rate cut by the Federal Reserve are tempered by the threat of an inflationary policy shock after the US election, according to Mohamed El-Erian.12.07.2024 18:05Colorado Congresswoman joins Democrats calling for Biden to exit race 12.07.2024 15:52China Reaches Record Trade Surplus, Raising Alarm Abroad China’s factories have begun an export blitz, prompting worries around the world about the effect on economies elsewhere. 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