08.05.2024 11:49 Indian banks have emerged as a big source of risk in the country’s stock market, following a recent selloff caused by proposed rules that may raise provisioning for loans backing certain projects.08.05.2024 11:53 The term premia on Treasurys—the yield premium investors demand to hold a longer-dated bond rather than a shorter-dated one—is too low to compensate investors, especially given abundant supply, Indosuez W ... 08.05.2024 11:56 KateВ Phillips-Barrasso, Mercy Corps Vice President of Global Policy and Advocacy discusses humanitarian crisis in Rafah. She speaks with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg)08.05.2024 12:00 Bertelsmann said for 2024 it continues to expect a significant decline in revenue and earnings due to asset sales, but a moderate increase in both revenue and earnings from continuing operations. ... 08.05.2024 12:00 Saudi Arabia’s top telecom company reported its strongest first-quarter profit since 2006 as it made more revenue from business at home.08.05.2024 12:08 Puma forecast an operating result of €620 million-€700 million in 2024, but still expected continued market volatility and elevated stock levels. ... 08.05.2024 12:09 Nigerian companies are paying overdue dollar obligations after recent central bank reforms led to increased liquidity in the West African nation’s foreign exchange market.08.05.2024 12:19 The company forecast revenue growth of 10%-12% and a free cash-flow of around €1 billion, and said it had initiated a restructuring of its wind business, replacing the unit’s CEO in the process. ... 08.05.2024 12:36 The Riksbank cut its benchmark interest rate for the first time in eight years, acting before the neighboring euro zone in a bid to offer respite to Sweden’s recession-stricken economy.08.05.2024 12:43 Airport officials said Tuesday that a system outage affecting the Border Force’s immigration gates had caused long waits for passengers arriving in Britain. The issue was resolved early Wednesday.08.05.2024 12:44 The company’s shares nearly doubled in their trading debut after it raised more than $540 million in South Korea’s biggest initial public offering in more than two years. ... 08.05.2024 12:44 Banco Bilbao Vizcaya Argentaria SA’s chair told his counterpart at Banco Sabadell SA that it has “no room” to improve its proposed takeover offer, citing in part the fall in its share price after news of its approach broke.08.05.2024 12:46 The Riksbank cut its key rate to 3.75% from 4%, in line with forecasts, becoming only the second central bank from a rich, advanced economy to begin its easing cycle following the post-pandemic surge in i ... 08.05.2024 12:49 Charles-Henry Monchau, Banque Syz, CIO, discusses Fed rate hikes, sticky inflation and monetary growth. He speaks with Joumanna Bercetche on Bloomberg Horizons Middle East & Africa. (Source: Bloomberg)08.05.2024 12:55 Output of production in manufacturing, energy and construction fell 0.4%, the first fall this year, a signal that an industrial recovery could be fragile as the economy still struggles. ... 08.05.2024 12:56 Israel’sВ move to take controlВ of the Rafah crossing into Egypt has sparked sharp debate about its end goal: Is this the start of a long-threatened invasion of the southern Gaza city, or an attempt to pressure Hamas to ease conditions for a cease-fire and the release of hostages? Tina Fordham, Fordham Global Foresight,В Geopolitical Strategist & Founder, discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg)08.05.2024 13:00 The Swedish krona fell after the Riksbank cut its key policy rate by 25 basis points, as expected, and said that if the outlook for inflation stays the same, rates can be cut two more times during the sec ... 08.05.2024 13:07 Oil prices were more than 1% lower, with Brent still below $84 a barrel, on a stronger dollar and reports of a weekly build in U.S. crude inventories. ... 08.05.2024 13:10 Gold slipped, with trading in a narrow band, but with prices were supported by demand from central banks, which has been the strongest on record for the first quarter of the year. ... 08.05.2024 13:13 Biden administration officials are concerned about the use of 2,000-pound bombs in densely populated areas of Gaza. ... 08.05.2024 13:17 World’s largest carmaker is ramping up investment in electric vehicles and artificial intelligence08.05.2024 13:19 Chinese leader completes EU tour with diplomatic outlier that has maintained friendly ties with Russia08.05.2024 13:50 AB InBev’s 1Q profit was strong as a robust delivery in EMEA and Middle Americas, along with moderating declines in North America, compensated the temporary weakness in China, Jefferies said. ... 08.05.2024 13:59 TD Securities expects the dollar to firm against other G-10 currencies as interest-rate differentials continue to favor the U.S. currency. ... 08.05.2024 14:00 The porn star’s testimony prompted concerns from the judge, objections from the defense and anger from Donald Trump. ... 08.05.2024 14:01 The United States will triple its domestic chip manufacturing capacity by 2032, the largest increase in the world, according to a report from the Semiconductor Industry Association.08.05.2024 14:08 A year after a derailment in Ohio raised questions about rail safety, an investment firm is seeking to install new management in an effort to increase profits.08.05.2024 14:15 The Kerem Shalom border crossing between Israel and Gaza has reopened, Israel said, as aid groups warn Israeli operations in Rafah imperil humanitarian efforts. ... 08.05.2024 14:18 A host of global automakers are increasingly turning to Chinese tech giants in a bid to claw back market share in one of the world’s largest—and fastest-changing—auto markets. ... 08.05.2024 14:28 The Japanese carmaker projected a drop in fiscal-year profit on higher costs and announced a share buyback after posting stronger fourth-quarter net profit thanks partly to a weaker yen. ... 08.05.2024 14:30 The U.S. federal indictment of a congressman alleges that payments from billionaire Ricardo Salinas Pliego’s Azteca Bank were used to influence legislation. ... 08.05.2024 14:30 State officials focus on illegal immigration despite seeing few newcomers. 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