Category: Business

  • France Political Mess Poses ‘Long-Lasting’ Risk to Stocks, Bonds

    For investors, the risk from France’s unstable politics lies beyond Monday’s confidence vote in Parliament, when François Bayrou is likely to lose his premiership. Source: Bloomberg Markets.

  • Lula Says Brazil Won’t Allow Foreign Governments to Interfere

    Lula Says Brazil Won’t Allow Foreign Governments to Interfere

    President Luiz Inacio Lula da Silva said Brazil is capable of governing itself without foreign interference, and criticized local politicians who are encouraging “attacks” on the nation. Source: Bloomberg Markets.

  • Air Canada’s Cabin Crew Members Vote to Reject Pay Package

    Air Canada’s Cabin Crew Members Vote to Reject Pay Package

    Almost all of Air Canada’s more than 10,000 flight attendants voted to reject the company’s contract offer, extending a labor dispute that led to a brief shutdown last month. Source: Bloomberg Markets.

  • President Trump vs. the Fed: Larry Summers Warns of a Credibility Crisis

    President Trump vs. the Fed: Larry Summers Warns of a Credibility Crisis

    President Trump’s push to oust Fed governor Lisa Cook and to change the composition of the FOMC raises questions about the independence of the central bank. Former US Treasury Secretary Summers says the unprecedented pressure on Chair Powell and the board could erode confidence in the Fed, unsettle markets, and echo the politicized mistakes of…

  • Oil Traders Zero In on China’s Crude Buying as Glut Gets Closer

    Oil Traders Zero In on China’s Crude Buying as Glut Gets Closer

    As the oil market moves closer to a long-anticipated glut, traders are closely watching buying from China to see if it will absorb an excess that the world’s crude producing nations are set to pump. Source: Bloomberg Markets.

  • Buffett’s Oregon Utility Says Fire Lawsuits Pose Shutdown Risk

    Buffett’s Oregon Utility Says Fire Lawsuits Pose Shutdown Risk

    Berkshire Hathaway Inc.’s PacifiCorp says ongoing litigation from massive wildfires in 2020 that exposed the company to billions of dollars in damages is jeopardizing its ability to continue providing power to hundreds of thousands of customers in Oregon. Source: Bloomberg Markets.

  • Credit Demand is Strong: HSBC's Patrice Altongy

    Credit Demand is Strong: HSBC's Patrice Altongy

    With the rise of issuance in Europe and the US and surge in supply, HSBC Americas Head of Debt Capital Markets Patrice Altongy believes credit demand is ‘super strong.’ She explains more with Scarlet Fu on ‘Real Yield.’ (Source: Bloomberg) Source: Bloomberg Markets.

  • US LNG Exporters Race to Tie Up Financing as Surplus Looms

    US LNG Exporters Race to Tie Up Financing as Surplus Looms

    The next few years are critical for the nation’s latest wave of liquefied natural gas terminals, with the market set to tip into oversupply Source: Bloomberg Markets.

  • What a Bayrou Au Revoir Would Mean for Economy

    For now, the immediate economic fallout from French Prime Minister François Bayrou’s confidence vote on Monday looks set to be contained. Still, Bayrou’s potential fall adds to fiscal and economic risks, and could in the longer-term turn into a deeper crisis, according to Bloomberg Economics Jean Dalbard. (Source: Bloomberg) Source: Bloomberg Markets.

  • China Eyes Curbs on Stock Speculation

    China Eyes Curbs on Stock Speculation

    China’s financial regulators are considering a number of cooling measures for the stock market as they grow concerned about the speed of a $1.2 trillion rally. Bloomberg’s Lianting Tu speaks on The China Show about what we know so far. (Source: Bloomberg) Source: Bloomberg Markets.