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Kennerly: Ultra Wealthy See Long-Term Mideast Gains

1 day 13 hours ago
Despite heightened uncertainty across the region, a new report from Savills finds that Abu Dhabi and Dubai continue to rank among the world's leading wealth destinations. The report evaluates more than 100 global locations on how well-placed they are to attract the next generation of wealth. Rachael Kennerley, Director of Research at Savills Middle East spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa. (Source: Bloomberg)

Fast Retailing FY Profit Rises

1 day 13 hours ago
(RTTNews) - Fast Retailing Co. (FRCOY) reported that, for the fiscal year ended August 31, 2026, profit attributable to owners of the parent company grew 25.3% to 542.52 billion yen, compared with 433.01 billion yen in the prior year. Diluted earnings per share was 1,765.70 yen c
RTTNews

Fast Retailing FY Profit Rises

1 day 13 hours ago
(RTTNews) - Fast Retailing Co. (FRCOY) reported that, for the fiscal year ended August 31, 2026, profit attributable to owners of the parent company grew 25.3% to 542.52 billion yen, compared with 433.01 billion yen in the prior year. Diluted earnings per share was 1,765.70 yen c
RTTNews

Oil Spoils the Global Stock Rally as Brent Tops $102

1 day 13 hours ago
"Insight with Haslinda Amin" is a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)

Isomorphic Labs' $40B Valuation; WHO Urges Russia Plague Transparency

1 day 13 hours ago
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, the global stock rally ground to a halt, as Brent crude climbed above $102 a barrel on renewed Middle East tensions. The EU is striking a more assertive approach with China ahead of trade chief Maroš Šefčovič's meeting with Chinese Commerce Minister Wang Wentao. The bloc is seeking to address a trade deficit that exceeds $1 billion a day. Bloomberg has learnt that Isomorphic Labs, the AI-powered drug discovery startup spun out of Google DeepMind, is in early talks to raise new funds at a valuation of at least $40 billion. Today's guest: Elvire Fabry, Jacques Delors Institute, Trade and Economic Security Program Director. (Source: Bloomberg)