Hungarian central bank Deputy Governor Zoltan Kurali said the government should follow through on the plan for euro adoption as it would help elevate the country’s status in financial markets.
African billionaire Aliko Dangote said shares in a Kenya refinery that he’s building will trade on the country's stock exchange. Breaking ground on the $16 billion project is planned for Wednesday, but a Kenyan court ordered it be paused after a group of petitioners filed a case opposing the project. Dangote was speaking at an investors’ event in Nairobi on Tuesday. (Source: Bloomberg)
Bain Capital’s Tech Opportunities fund is taking a minority stake in AI enterprise construction platform Kahua in a deal valuing the Georgia-based company at more than $1 billion.
US stocks slipped on Tuesday as investors digested the first of several economic data releases scheduled for this week and heard from Federal Reserve officials.
US equity futures and Treasuries struggle for direction ahead of labor market data and a slew of Fedspeak that may offer clues on the rate outlook. Nvidia, Anthropic and Palantir CEOs are slated to attend a lunch with President Trump to discuss AI risks. The US enacts import ban on some Canadian goods. Colin Purdie of Manulife joins "Bloomberg Brief" to discuss market opportunities amid rising yields. (Source: Bloomberg)
Colin Purdie, Manulife CIO of Public Markets, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss opportunities in the global bond market amid rising yields. (Source: Bloomberg)
Gilts extended gains across the curve, with benchmark UK 10-year yields almost 7bps lower as oil and natural gas prices fell to new lows on the day. The moves followed reports that EU officials do not expect the US to ban diesel exports and that Qatar is holding meetings with the US and Iran over the conflict in the Middle East.
The selloff in the US bond market deepened on Monday after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, threatening to prolong the war’s energy shock.
OpenAI is holding back a version of its Astra model while it establishes stronger safeguards for artificial intelligence development, flagging heightened risks after a spate of recent rogue AI hacking incidents.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
Edward Yardeni, president at Yardeni Research, says the rise in yields “might be the revenge of the bond vigilantes” and explains why he finds good and bad news in the rapid repricing of the bond market. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
¿Se puede apagar una IA que se vuelve demasiado poderosa? EE.UU. estudia exigir mecanismos de emergencia para detener modelos avanzados, pero expertos advierten que un simple interruptor podría no ser suficiente. (Source: Bloomberg)
Morgan Stanley has set up a Digital Asset Lab to test technologies including stablecoins, tokenization and decentralized finance applications as the Wall Street bank explores how blockchain-based systems could be used across its business.
A US import ban on a select number of Canadian products is in effect, marking the latest salvo in the rising trade conflict between the two countries. Brendan Murray has the details on Bloomberg Television. (Source: Bloomberg)
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Brad Rogoff, Barclays Global Head of Research; Sherif Foda, NESR CEO; Paul Zwillenberg, Kantar CEO; Kanishka Narayan, UK Artificial Intelligence Minister (Source: Bloomberg)
CarMax Inc. shares rose the most since June after the company reported comparable used-vehicle sales that expanded more than expected, showing its revival efforts are taking hold even as consumer sentiment falters.
Health and fitness ring-maker Oura Inc. became the latest company to delay a US initial public offering, citing uncertainty in the market for first-time share sales.
