Category: Business

The European Central Bank has done almost everything right in responding to a once-in-a-lifetime inflation shock, according to Governing Council member Pierre Wunsch. Source: Bloomberg Markets.

French investment firm Ardian has raised $20 billion for its flagship infrastructure platform, as there’s more appetite for Europe in the industry. The head of infrastructure at Ardian said there’s willingness from investors to diversify and invest in Europe because it’s a ‘stable place’. Mathias Burghardt also said he feels ‘frustrated’ with the French political…

US Treasury Secretary Scott Bessent has dangled the possibility of extending a pause of import duties on Chinese goods for longer than three months if China halts its plan for strict new export controls on rare-earth elements. (Source: Bloomberg) Source: Bloomberg Markets.

Stocks rallied on Wednesday, as strong earnings from big banks helped investors shrug off fears around an escalating trade war between Beijing and Washington. Source: Bloomberg Markets.

Europe needs to analyze where it can streamline financial rules to allow the industry to operate more effectively, European Central Bank Vice President Luis de Guindos said. Source: Bloomberg Markets.

China’s deflation eased in September, leaving the country on track for the longest streak of economy-wide price declines since market reforms in the late 1970s. Source: Bloomberg Markets.

Instagram’s Global Director of Policy Tara Hopkins discusses the company’s launch of “teen accounts” that aim to offer stricter content settings for users under 18. She joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg) Source: Bloomberg Markets.

Lisa Shalett, CIO at Morgan Stanley Wealth Management, sees Federal Reserve policy as “very, very critical” to the market rally and equity valuations, but calls signals of more rate cuts from the Fed “crazy town.” (Source: Bloomberg) Source: Bloomberg Markets.