Bloomberg Evening Briefing: New Poll Good News for Biden, Bad News for the Rich: Get caught up.
bloomberg.com/news/newsletters/2024-03-26/bloomberg-evening-briefing-new-poll-good-news-for-biden-bad-news-for-the-rich
China Envoy Says Economic Competition Is the New Climate Risk: Economic competition between nations has become the new hurdle in the fight against climate change ...
bloomberg.com/news/articles/2024-03-28/china-envoy-says-economic-competition-is-the-new-climate-risk
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-Walgreens earnings
-US economic data
-SBF Sentencing
-MLB US opening day
-US bond market close
Here's what to watch tomorrow www.bloomberg.com/markets
Italy’s Finance Ministry Sees Economy Growing 1% This Year: Italy’s finance minister sees the nation’s economy expanding by 1% this year, the fastest pace ...
bloomberg.com/news/articles/2024-03-24/italy-s-finance-ministry-sees-economy-growing-1-this-year
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China Vanke Profit Tumbles 46%, Vows to Cut Debt By $14 Billion: China Vanke Co.’s profit tumbled more than analysts expected last year and it vowed to slash ...
bloomberg.com/news/articles/2024-03-28/china-vanke-profit-tumbles-46-vows-to-cut-debt-by-14-billion
-Milken in HK
-UPS investor day
-US economic data
-Earnings
Here's what to watch tomorrow www.bloomberg.com/markets
Jerry Seinfeld Is Now Reportedly a Billionaire — Here's Where His Wealth Comes From
entrepreneur.com/business-news/jerry-seinfeld-is-a-billionaire-due-to-a-show-about-nothing/471658
The $100 Oil Call Is Back: Russia’s pledge to cut output has sparked talk of a return to triple digits, but there are obstacles ahead.
bloomberg.com/news/newsletters/2024-03-28/the-100-oil-call-is-back
Apple's CEO Visits China to Celebrate New Store and Bring Reassuring Words: Hello, this is Allen Wan in Shanghai.
bloomberg.com/news/newsletters/2024-03-22/apple-s-ceo-visits-china-to-celebrate-new-store-and-bring-reassuring-words
SEC ramps up hack probe with focus on tech, telecom companies, Bloomberg News says
reuters.com/technology/cybersecurity/sec-ramps-up-hack-probe-with-focus-tech-telecom-companies-bloomberg-news-says-2024-03-26/
-Earnings
-Fedspeak
-SBF sentencing
-US PCE core deflator
Here's what to watch next week www.bloomberg.com/markets
Copper Resumes Rally as Fed Rate Signals Boost Industrial Metals: Copper resumed its rally that saw it hit an 11-month high this week, with the Federal Reserve’s ...
bloomberg.com/news/articles/2024-03-21/copper-resumes-rally-as-fed-rate-signals-boost-industrial-metals
Japan’s $4 Trillion to Stay Offshore After BOJ Rate Hike: Japanese money is poised to stay offshore as the central bank creeps toward tighter policy ...
bloomberg.com/news/articles/2024-03-17/japan-s-4-trillion-to-stay-offshore-after-boj-rate-hike
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From AI to Oil to EVs, Power Demand Dominates Houston's CERAWeek: The outlook was robust at CERAWeek, and that may have profound implications for the energy ...
bloomberg.com/news/newsletters/2024-03-22/from-ai-to-oil-to-evs-power-demand-dominates-houston-s-ceraweek
Finland Is World’s Happiest Country Again as US Drops in Ranking: Finland was crowned the world’s happiest country for the seventh consecutive year in the global ...
bloomberg.com/news/articles/2024-03-20/finland-is-world-s-happiest-country-again-as-us-drops-in-ranking
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Quick Glance: New Report: Kenya Ranks 114th in Happiness Index
- For the seventh consecutive year, Finland has secured the title of the world's happiest country, with Kenya ranking 114th out of a total of 143 countries. Conversely, Afghanistan finds itself at the bottom of the ranking as the unhappiest nation.
- The latest findings were unveiled on March 20, 2024, coinciding with the International Day of Happiness.
- This annual report relies on six key factors, encompassing social support, income, health, freedom, generosity, and absence of corruption. The economic dimension serves as a pivotal gauge for happiness levels across different nations.
- Attaining happiness is contingent on various elements like career progression and tackling specific challenges. The United Nations advocates for a harmonized economic growth strategy that fosters happiness and well-being for all.
Fed Seen Sticking With Three 2024 Cuts Despite Higher Inflation: A recent pickup in inflation isn’t likely to shift Federal Reserve policymakers’ forecasts for ...
bloomberg.com/news/articles/2024-03-15/fed-seen-sticking-with-three-2024-cuts-despite-higher-inflation
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Encyclopaedia Britannica, the education technology company and publisher of books including the Merriam-Webster dictionary ... Show more
Russia’s Oil Exports Rebound Despite the Bite of Sanctions on Tankers: Tanker bans are complicating some flows without yet hitting overall export levels
bloomberg.com/news/articles/2024-03-26/russia-s-oil-exports-rebound-despite-the-bite-of-sanctions-on-tankers
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US FAA weighs curbing new routes for United after safety incidents, Bloomberg reports
reuters.com/business/aerospace-defense/us-faa-weighs-curbing-new-routes-united-after-safety-incidents-bloomberg-reports-2024-03-23/
China Growth Beats Estimates, Adding Signs Economy Gained Traction With Stimulus: China’s factory output and investment grew more strongly than expected at the ...
bloomberg.com/news/articles/2024-03-18/china-s-growth-beats-estimates-as-production-investment-rev-up
Canada to tighten foreign investment rules in AI, space technology sectors, Bloomberg reports
reuters.com/markets/canada-tighten-foreign-investment-rules-ai-space-technology-sectors-bloomberg-2024-03-26/
Maryland Gov. Wes Moore said there's no evidence a terrorist attack was responsible for the collapse of Baltimore's Francis Scott Key Bridge ... Show more
Quick Glance: Tragedy in Baltimore: Fatal Bridge Collapse and Intensive Investigations
- A cargo ship that lost control and crashed into a bridge in Baltimore had previously undergone engine maintenance in the port, according to the US Coast Guard. Divers retrieved the bodies of two of the six workers who fell into the water, while the search for the others was deemed unsuccessful.
- Investigators commenced gathering evidence from the cargo ship involved in striking the Francis Scott Key Bridge. The victims were from Mexico, Guatemala, Honduras, and El Salvador, with authorities suspecting that the other vehicles with victims were trapped.
Russia Holds Rates as Attacks by Ukraine Stoke Inflation Risks
bloomberg.com/news/articles/2024-03-22/russia-holds-rates-as-attacks-by-ukraine-stoke-inflation-risks
Vietnam Parliament to Meet Amid Speculation President May Resign: Vietnam’s parliament is set to hold a special session on Thursday to discuss “personnel ...
bloomberg.com/news/articles/2024-03-18/vietnam-parliament-to-meet-amid-speculation-president-may-resign
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Tesla trims output of cars in China amid slower EV sales growth, Bloomberg reports
reuters.com/business/autos-transportation/tesla-trims-output-cars-china-amid-slower-ev-sales-growth-bloomberg-reports-2024-03-22/
The US Department of Justice is preparing to sue Apple for allegedly violating antitrust laws by blocking rivals from accessing hardware and software features ... Show more
Israel-Hamas talks stall as Netanyahu balks at ‘extreme’ demands: Cease-fire talks between Israel and Hamas broke down again, with Prime Minister Benjamin ...
bostonherald.com/2024/03/26/israel-hamas-talks-stall-as-netanyahu-balks-at-extreme-demands/
-BOJ decision
-US housing
-Bloomberg's Surveillance at BofA
Here's what to watch tomorrow www.bloomberg.com/markets
China Youth Unemployment Rises in February After Data Revamp: China’s youth unemployment rate ticked up in February as the jobs market for recent graduates ...
bloomberg.com/news/articles/2024-03-20/china-youth-unemployment-rises-in-february-after-data-revamp
Why Past Bitcoin-Halving Cycles May Lead Traders Astray: In this edition of the Bloomberg Crypto newsletter, Olga Kharif looks for a history lesson in past ...
bloomberg.com/news/newsletters/2024-03-19/why-past-bitcoin-halving-cycles-may-lead-traders-astray
Quick Glance: Significance of Bitcoin Halving
- Bitcoin and the digital asset market are on the rise after a decline.
- The upcoming Bitcoin halving in April 2024 will impact the currency's value.
- Halving ensures controlled release of new Bitcoins.
- The potential implications of halving on Bitcoin's value and miners.
Encyclopaedia Britannica, the education technology company and publisher of books including the Merriam-Webster dictionary ...
Why Do Financial Advisers Love Ready-Made Investment Strategies?: Off-the-shelf investment strategies are becoming popular.
bloomberg.com/news/newsletters/2024-03-22/why-do-financial-advisers-love-ready-made-investment-strategies
Russia’s Oil Exports Fall Back as Major Ports Hit by Disruptions: Shipments drop from the largest Baltic and Pacific export terminals
bloomberg.com/news/articles/2024-03-20/russia-s-oil-exports-fall-back-as-major-ports-hit-by-disruptions
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Longi Layoffs Speed Shift in Solar Production Away From China: Layoffs at Longi Green Energy Technology Co., the world’s biggest solar manufacturer ...
bloomberg.com/news/articles/2024-03-19/longi-layoffs-speed-shift-in-solar-production-away-from-china
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India finds rogue officials involved in US murder plot, Bloomberg reports: An Indian investigation has found that rogue officials, not authorised by the ...
reuters.com/world/india/india-finds-rogue-officials-involved-us-murder-plot-bloomberg-reports-2024-03-20/
Target looks to double bonuses this year, Bloomberg News says: Big-box retailer Target is doubling the bonuses for its salaried employees this year ...
reuters.com/business/retail-consumer/target-looks-double-bonuses-this-year-bloomberg-news-says-2024-03-21/
EU Drafts Law to Send Profits From Frozen Russian Sovereign Assets to Ukraine: The European Union has prepared legislation that would see Ukraine start to ...
bloomberg.com/news/articles/2024-03-18/eu-drafts-law-to-send-russian-central-bank-profits-to-ukraine
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Vivek Ramaswamy reportedly out of contention for Trump VP spot: Ex-president personally told biotech entrepreneur he would not be running mate but might be ...
theguardian.com/us-news/2024/mar/19/vivek-ramaswamy-trump-vp
JPMorgan Appoints Heads of New Sports Investment Banking Group: JPMorgan Chase & Co. has set up a dedicated sports investment banking team as Wall Street banks ...
bloomberg.com/news/articles/2024-03-19/jpmorgan-appoints-heads-of-new-sports-investment-banking-group
Five-Star Venice Hotel Is a Glimmer of Hope for Signa Prime Creditors: A five-star hotel in Venice might just be one of the best chances for creditors of its ...
bloomberg.com/news/articles/2024-03-17/five-star-venice-hotel-is-a-glimmer-of-hope-for-signa-prime-creditors
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Apple in talks to let Google's Gemini power iPhone AI features, Bloomberg News says
reuters.com/technology/apple-talks-let-googles-gemini-power-iphone-ai-features-bloomberg-news-says-2024-03-18/
Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports
reuters.com/world/asia-pacific/sri-lanka-start-restructuring-talks-with-investors-next-week-bloomberg-news-2024-03-20/
Barings Is Pausing New Investments in Private Credit Funds: Barings LLC is pausing making new investments across its private credit funds while they transition ...
bloomberg.com/news/articles/2024-03-18/barings-pauses-investment-across-private-credit-amid-transition
Grayscale's Planned Bitcoin Mini Trust: Will It Mirror State Street's GLDM?
bloomberg.com/news/newsletters/2024-03-15/grayscale-s-planned-bitcoin-mini-trust-will-it-mirror-state-street-s-gldm
Tata Sons Seeks $1.1 Billion From TCS Share Sale, Terms Show: Tata Sons Ltd. is seeking to raise at least $1.1 billion selling shares in the Indian ...
bloomberg.com/news/articles/2024-03-18/tata-sons-seeks-1-1-billion-from-tcs-share-sale-terms-show
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Reddit’s Planned IPO Is Said to Seek Up to $748 Million: Reddit Inc. and its investors are seeking to raise as much as $748 million in what would be one of the ...
bloomberg.com/news/articles/2024-03-10/reddit-s-planned-ipo-is-said-to-seek-up-to-748-million
Quick Glance: Reddit to Go Public: Shares Priced at $31 Expected This Month
- San Francisco-based social media company Reddit is set to go public this month, aiming to raise nearly $750 million (€686 million) through its initial public offering of common stock.
- Reddit plans to include 22 million shares of Class A common stock in the IPO, with 15.3 million shares expected to be available while selling stockholders offer about 6.7 million shares.
- The anticipated price of Reddit's shares is between $31 (€28) and $34 (€31) per share, and the company intends to utilize the proceeds for general corporate purposes, taxes, and possible acquisitions.
- In the October-December quarter, Reddit reported a net income of $18.5 million (€16.9 million) on revenue of $249.8 million (€228.6 million), primarily driven by advertising.
What UAE's $35 Billion Investment In Egypt Means (Odd Lots Podcast): More megacities in the Middle East.
bloomberg.com/news/articles/2024-03-16/what-uae-s-35-billion-investment-in-egypt-means-odd-lots-podcast
What Little ‘Gold Beans’ Are Teaching Young Chinese About Alternative Savings: With China’s deflation at its worst in 15 years, a volatile stock market and bank ...
bloomberg.com/news/articles/2024-03-16/what-little-gold-beans-are-teaching-young-chinese-about-alternative-savings
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TikTok, Apple, Bitcoin: Bloomberg News Saturday Briefing: Something for the weekend.
bloomberg.com/news/articles/2024-03-16/tiktok-apple-bitcoin-bloomberg-news-saturday-briefing
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China’s Slump Concerns Persist Despite Global Stock Rally: Benchmark CSI 300 index rebounding from three years of declines fails to calm contagion fears
bloomberg.com/news/articles/2024-03-11/china-s-slump-concerns-persist-despite-global-stock-rally
Does China’s Fiscal Stimulus Plan Square With GDP Growth Goal?: China’s leadership underwhelmed investors with a seemingly restrained 2024 budget plan ...
bloomberg.com/news/articles/2024-03-14/does-china-s-fiscal-stimulus-plan-square-with-gdp-growth-goal
China's Longi to cut nearly one-third of staff, Bloomberg News reports: China's Longi Green Technology Energy , the world's largest solar manufacturer ...
reuters.com/technology/chinas-longi-cut-nearly-one-third-staff-bloomberg-news-reports-2024-03-18/
US probing Adani Group and founder over potential bribery, Bloomberg reports: The United States has widened its investigation of India's Adani Group to focus on ...
reuters.com/world/india/us-probing-adani-group-founder-over-potential-bribery-bloomberg-reports-2024-03-15/
Freepoint’s Top Gas Trader Quits to Start Own Energy Hedge Fund: Freepoint Commodities LLC’s head of European physical gas trading, Freddie Sizer has resigned to ...
bloomberg.com/news/articles/2024-03-15/freepoint-s-top-gas-trader-quits-to-start-own-energy-hedge-fund
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Russia’s Oil Exports Surge to Their Highest Level for the Year So Far: Pacific cargoes surged to take overall flows to 3.7 million barrels a day in the week to ...
bloomberg.com/news/articles/2024-03-12/russia-s-oil-exports-surge-to-their-highest-level-for-the-year-so-far
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China Issues Draft to End Australia Wine Tariffs, Winemaker Says: China has released an interim proposal to lift the punitive tariffs imposed on Australian wine ...
bloomberg.com/news/articles/2024-03-12/china-issues-draft-to-end-australia-wine-tariffs-winemaker-says
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KKR agrees to buy renewable-energy producer Encavis in a deal that values the German company at about €2.8 billion ($3 billion) www.bloomberg.com/news/articles/2024-03-14/kkr-offers-to-buy-german-energy-firm-encavis-in-3-billion-deal
Russia’s Ryazan Oil Refinery on Fire After Drone Attack: Ukrainian drone attacks halted three oil refineries deep within Russian territory in an assault ...
bloomberg.com/news/articles/2024-03-13/russia-s-ryazan-refinery-is-on-fire-after-drone-attack-tass-says
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China Officials Apologize After CCTV Reporter Kept From Covering Fatal Explosion: Officials in a Chinese city near Beijing apologized after a state media ...
bloomberg.com/news/articles/2024-03-14/china-officials-apologize-after-security-guards-halt-news-report
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United Airlines close to leasing Airbus jets, Bloomberg News reports: United Airlines is close to securing three dozen or more Airbus A321neo jets from aircraft ...
reuters.com/business/aerospace-defense/united-airlines-close-leasing-airbus-jets-bloomberg-news-reports-2024-03-14/
Qatar Airways mulls up to 150 widebody orders from Boeing, Airbus, Bloomberg News reports
reuters.com/business/aerospace-defense/qatar-airways-mulls-up-150-widebody-orders-boeing-airbus-bloomberg-reports-2024-03-15/
-EU finance meeting
-US CPI data
-Primaries
-Kohl's earnings
Here's what to watch tomorrow www.bloomberg.com/markets
Iron Ore Plunges Most Since 2022 as Inventories Pile Up in China: Iron ore slumped 7% — dropping below the $110 a ton mark — after disappointing demand in China ...
bloomberg.com/news/articles/2024-03-11/iron-ore-woes-deepen-as-inventories-in-china-keep-piling-up
Shift4 CEO tells staff potential bids fail to 'sufficiently value' firm, Bloomberg News reports
reuters.com/markets/us/shift4-ceo-tells-staff-potential-bids-fail-sufficiently-value-firm-bloomberg-2024-03-17/
China Urges US to Stop ‘Unreasonably Suppressing’ TikTok: China called on the US to stop “unreasonably suppressing” TikTok, as the app used by 170 million ...
bloomberg.com/news/articles/2024-03-14/china-urges-us-to-stop-unreasonably-suppressing-tiktok
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Apple buys startup DarwinAI, adds staff to its AI division, Bloomberg reports: Apple has bought artificial intelligence (AI) startup DarwinAI and added dozens of ...
reuters.com/markets/deals/apple-buys-startup-darwinai-adds-staff-its-ai-division-bloomberg-reports-2024-03-14/
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