Category: Business

Intesa Sanpaolo SpA’s second quarter-results beat estimates as lending income was higher than expected. Source: Bloomberg Markets.

PwC US Partner and Chief Economist Alexis Crow says US has outperformed other advanced economies due to immigration, innovation and infrastructure. But the unravelling of these advantages could set America back over the long term. She also shares insights on the latest US trade deals on “Bloomberg: the China Show.” (Source: Bloomberg) Source: Bloomberg Markets.

Clint Henderson, travel expert at The Points Guy, says inbound travel “has been dropping like a rock.” He tells Romaine Bostick and Scarlet Fu on “The Close” that domestic travel is also declining, as travelers move away from the era of “free on everything.” (Source: Bloomberg) Source: Bloomberg Markets.

US President Donald Trump opened a new golf course in Scotland on Tuesday, capping a five-day visit after holding talks with UK Prime Minister Keir Starmer and reaching a 15% trade deal with the European Union’s Ursula von der Leyen. Lizzy Burden recaps the trip from Aberdeen. (Source: Bloomberg) Source: Bloomberg Markets.

India’s Shapoorji Pallonji Group has secured a key regulatory waiver from the banking regulator, easing pressure on its landmark $3.4 billion private credit deal and averting an increase in the cost of that borrowing, according to people familiar with the matter. Source: Bloomberg Markets.

The Trump effect shouldn’t lead to a cut, though there may be some healthy dissent. Source: Bloomberg Markets.

David Forgash, PIMCO managing director and portfolio manager, says the high-yield market is at its highest quality in 20 years and is getting “a much better grip” on tariff and trade risk. He speaks with Romaine Bostick and Scarlet Fu on “The Close.” (Source: Bloomberg) Source: Bloomberg Markets.

Speculative trading is easing US financial conditions. Source: Bloomberg Markets.

Ireland’s economy abruptly contracted during the last quarter for the first time since 2023, in an ominous report before euro-zone data due this week. Source: Bloomberg Markets.

His trade victims never got their common defense together to take on the bullying. Source: Bloomberg Markets.