A criminal charge triggers the shutting of a 16-year-old fund with returns long envied by industry from Bloomberg Markets https://ift.tt/wPGTq3v
Anna Edwards and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg Markets Today.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/jYOh2is
Daybreak Europe anchor Tom Mackenzie reports on the good news and bad news on the markets theme as US business activity expands the most in two years, with composite PMI topping economists’ estimates, as well as Nvidia’s stock surge with co-founder Jensen Huang now richer than each individual member of America’s richest family. (Source: Bloomberg)…
Danske Bank no longer predicts the European Central Bank will lower interest rates in September, citing sticky inflation and the strong start to 2024 by the euro-zone economy. from Bloomberg Markets https://ift.tt/5Ffqbjv
Stephen Bird, the chief executive of trouble asset manager Abrdn Plc, has stepped down. from Bloomberg Markets https://ift.tt/UNEtdQ2
An index of major crops has wiped out its 2024 loss as bad weather stokes worries about harvests from wheat to coffee, reviving concerns about rising food prices. from Bloomberg Markets https://ift.tt/SVvP6E7
The Indian government bonds eligible for inclusion in the JPMorgan Chase & Co. index look poised to deliver their best monthly returns in nearly a year, helped by fresh foreign inflows and a record central bank payout. from Bloomberg Markets https://ift.tt/FsVad4c
Construction and trade prevented a recession in Germany at the start of the year, setting off a recovery that should eventually be led by consumers. from Bloomberg Markets https://ift.tt/3DaAYhM
Wong Wai Ming, Executive Vice President and CFO at Lenovo, discusses his key takeaways from the company’s annual results and speaks on the current AI trends and its impact on the PC market. He speaks on “The Pulse with Francine Lacqua“. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/VJyMEKq
The pound’s peer-beating rally received another boost this week as an interest-rate cut by the Bank of England next month became virtually unthinkable to traders. from Bloomberg Markets https://ift.tt/7pHDizM