An anticipated boost for populist parties in next week’s European Parliament election is threatening to shake up the bloc’s climate ambitions and policy priorities, with shares in renewable energy, carmakers and industrial firms likely to feel the impact. from Bloomberg Markets https://ift.tt/vVa6dtD
Macau’s gaming revenue jumped 29.7% in May, rising to its highest level since Covid, as the “Golden Week” holiday and new travel permits for Chinese tourists fueled spending. from Bloomberg Markets https://ift.tt/6LMrinV
South Korea’s export growth continued last month, led by demand for semiconductors, boosting the country’s trade balance to the biggest surplus since 2020 and supporting optimism among policymakers for better-than-expected economic expansion this year. from Bloomberg Markets https://ift.tt/cw37pqZ
UBS Group AG Chief Executive Officer Sergio Ermotti is pointing his finger at the role of regulators in Credit Suisse’s downfall, as he intensifies a campaign against government plans to impose painful new rules on the company he leads. from Bloomberg Markets https://ift.tt/xz3SyAi
“Balance of Power” focuses on the intersection of politics and global business. On the show today, Larry Sabato, Director of the Center for Politics at the University of Virginia, shares his thoughts on former President Donald Trump’s conviction, and states that this conviction will have short and long term effects for both political parties. Spain’s…
India has turned into Asia’s hottest market for share sales including initial public offerings, and as elections come to a close, a bumper crop of deals is poised to set a record as investors seek to tap the rapid growth in the region’s third-largest economy. from Bloomberg Markets https://ift.tt/6uanF8s
Agricultural markets are on watch for potential shakeups in India’s trade policies after a new government assumes office this month, which could have significant ramifications on global food prices. from Bloomberg Markets https://ift.tt/6wkXdNp
Cathie Wood’s Ark Investment Management just dropped out of the Wall Street race to launch an ETF that invests directly in Ether, the second-largest cryptocurrency. from Bloomberg Markets https://ift.tt/hC2xDMY
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Earl Davis, BMO Global Asset Mgmt, Vimal Kapur, Honeywell CEO, Rick Davis, Bloomberg Politics, Pedro Pizarro, Edison International, Kimberly Forrest, Bokeh Capital Partners, Kristina Hooper, Invesco,…
On this edition of Wall Street Week, Glenn August, Oak Hill Investors Founder & CEO tells us about the risks in private credit and how the economy is still benefiting from the stimulus post-covid. Jennifer Huddleston, Cato Institute Senior Fellow in Technology Policy tells us about the legal battle over TikTok and Niall Ferguson, Hoover…