Time is running out for BHP Group’s ambitious $49 billion takeover plan for Anglo American Plc. The two sides remain at odds over the BHP’s complicated transaction structure ahead of the Wednesday deadline. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/vLHGWOV
Indian stocks need Prime Minister Narendra Modi’s party to win more than 303 seats in the general election to extend their record rally, according to a Bloomberg News survey of market participants. from Bloomberg Markets https://ift.tt/NtmQsM0
Cash is so abundant in China’s financial markets that even traditionally liquidity-starved firms are swimming with money. from Bloomberg Markets https://ift.tt/upGiP9v
A top-performing quant fund is shorting five-to-10 year US Treasuries on expectations that interest rates will stay on hold this year as prices remain elevated. from Bloomberg Markets https://ift.tt/VIF9rbz
Oil extended gains as another attack in the Red Sea added to heightened geopolitical tensions in the Middle East ahead of an OPEC+ meeting on the weekend. from Bloomberg Markets https://ift.tt/lImWZ4F
Good morning. The yen continues to slump. US Treasuries extend losses. Money managers plow money into Chinese assets for a second week. Here’s what’s moving markets. — Isabelle Lee from Bloomberg Markets https://ift.tt/GBlvb0x
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 Mandy Xu, Cboe, Jess Menton, Bloomberg News, Savanthi Syth, Raymond James, Kenneth Bentsen, SIFMA President & CEO, Katrina Dudley, Franklin Mutual, Dana Telsey, Telsey Advisory Group,…
Cathie Wood’s Ark Investment Management has purchased a stake in Elon Musk’s artificial-intelligence startup xAI, part of a growing wager that the nascent AI industry will revolutionize global tech. from Bloomberg Markets https://ift.tt/sP6CJh7
Stocks in Asia were mostly set to decline after a US session dominated by a sell-off in bonds, with traders also weighing mixed economic data and remarks from Federal Reserve speakers for clues on the policy outlook. from Bloomberg Markets https://ift.tt/W6PqhVd
The Hunts Point Produce Market in the Bronx, New York supplies about 60% of the city’s fresh groceries, worth about $2 billion a year. It’s also a major polluter past due for an overhaul. Bloomberg’s Fola Akinnibi reports.. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/QvrCqdi