Bloomberg
Delta Cites Fuel, Maintenance Costs in Trimming 2023 Profit Outlook
Delta Air Lines Inc. cut the high end of its outlook for 2023 profit on rising fuel prices and larger-than-expected aircraft maintenance costs while the carrier reported fourth-quarter earnings that beat analysts' estimates. Bloomberg...
Bloomberg
Oliver Lee on BoJ, Japan Markets
Oliver Lee, Client Portfolio Manager at Eastspring Investments, explains why he thinks a normalization off monetary policy in Japan will not undermine the "solid" long-term investment case for the country. He discusses with Rishaad...
Bloomberg
UAW Begins Strike Against Ford, GM, Stellantis as Contract Lapses
The United Auto Workers began a strike against all three of the legacy Detroit carmakers Friday, kicking off a potentially costly and protracted showdown over wages and job security. Craig Trudell reports on Bloomberg Television.
Bloomberg
Stevens: UAW Asking for Fair Contract
US Representative for Michigan (D) Haley Stevens, discusses what to expect form what could be a major strike from the United Auto Workers. Haley Stevens speaks with Annmarie Hordern and Joe Mathieu on Bloomberg's "Balance of Power."
Bloomberg
Instacart Files for IPO, Discloses PepsiCo Investment
Instacart is moving ahead with an initial public offering, disclosing net income of $242 million for the first half of the year. Katie Roof reports on "Bloomberg Markets: The Close."
Bloomberg
Citi Weighs Split of Institutional Clients Group: FT
Citigroup Inc. Chief Executive Officer Jane Fraser is reportedly mulling a plan to break up the company's Institutional Clients Group, which made nearly three-quarters of the bank's profit last year, into three segments. Tom Metcalf...
Bloomberg
Tianfeng Securities' Kong on Tencent Earnings Preview
Tianfeng Securities' Head of Global Tech Research Karin Kong previews Tencent's 2Q earning results. She speaks with David Ingles on "Bloomberg Markets: China Open".
Bloomberg
L&G CEO: UK Must Accelerate Reforms to Lure Investors
The UK needs to accelerate reforms to help attract more investments, according to Legal & General Group Plc Chief Executive Officer Nigel Wilson. The Mansion House speeches on policy reforms in July have been very positive, but the...
Bloomberg
Italy Shocks Markets With Tax on Banks' Windfall Profits
Italy's right-wing government spooked markets with an unexpected tax on banks' windfall profits, sending the country's leading lenders down in Milan trading at the opening. Alessandra Migliaccio reports on Bloomberg Television.
Bloomberg
China Market Confidence May Pick Up Gradually, CCB Says
Cliff Zhao, chief China strategist at CCB International Securities, talks about China's economy, the government's efforts to support growth, and the implications for the stock market. He speaks with David Ingles on "Bloomberg Markets:...
Bloomberg
CCB's Zhao on China Equities
CCB International Securities Chief China Strategist Cliff Zhao discusses China's equity markets and strategy. He speaks with David Ingles on "Bloomberg Markets: China Open".
Bloomberg
Uber CEO Khosrowshahi Is 'Comeback Kid': Wedbush's Ives
Dan Ives, Wedbush Securities senior equity analyst, calls Uber CEO Dara Khosrowshahi the "comeback kid" after the company posted its first-ever operating profit. He speaks with Ed Ludlow on "Bloomberg Technology."
Press Association
BP posts £2bn quarterly profit but falls below expectations
Oil giant BP has revealed that profits tumbled by more than two-thirds over the latest quarter, falling below expectations. The company said on Tuesday that it will hand more cash to investors through higher dividends and a further share...
Bloomberg
Heineken Cuts Forecast as Pricing Hits Consumption
Heineken NV lowered its earnings forecast as operating profit slumped 22% on an adjusted basis in the first half with price increases of nearly 13% cutting into consumption. April Roach reports on Bloomberg Television.
Press Association
BP hopes to avoid Shell’s expectation miss as it reports profits
BP will be hoping it can avoid the fate of its fellow London rival Shell on Tuesday, when the oil major discloses how profitable it was in the second quarter of the year. Analysts expect the oil giant to unveil billions of dollars in...
Press Association
NatWest reports £1bn profit boost as bank gripped by Farage account row
NatWest Group’s profits have surged by nearly £1 billion, beating expectations as the bank faces scrutiny from shareholders after the departure of its boss this week. The British bank, which has been embroiled in a row involving Nigel...
Bloomberg
Ford's EV Battery Partner SK On Targets US Growth
South Korea's SK On Co., which along with Ford Motor Co. received a $9.2 billion loan from the US government to build three electric-car battery plants in America, is losing money but says it's not concerned. Heejin Kim, who has met SK...
Bloomberg
JPMorgan's Batra on Emerging-Market Outlook
Bloomberg Reporter Marcus Wong and JPMorgan Chief Southeast Asia Strategist Rajiv Batra discuss the outlook for emerging-market assets as Wall Street touts rate cuts in the developing world as a major investment theme for the second half...
Bloomberg
Dalton Investments' Ong on Global Markets
Belita Ong, chairman at Dalton Investments, discusses her outlook and investment strategies for global markets. She speaks with Bloomberg's Haidi Stroud-Watts and David Ingles on "Bloomberg Daybreak: Asia."
Bloomberg
Alder Capital's Rakhi Prasad on India Markets
Rakhi Prasad, Investment Manager at Alder Capital discusses her India markets strategy and outlook. She speaks on "Bloomberg Markets Asia".
Bloomberg
Is the Worst Over for Micron?
Micron Technology Inc., the largest US maker of memory chips, gained after issuing a better-than-expected outlook for the quarter, sparking hope that the worst of a brutal industry slump may be over. Ian King covers the chip space for...
Bloomberg
Samsonite CEO: Summer Travel Season Will Be Very Strong
Samsonite International SA Chief Executive Officer Kyle Gendreau discusses the luggage maker's financial results, outlook and strategy amid rising travel demand across the globe. The company reported a net income $312.7 million, beating...
Bloomberg
Key Takeaways From Bank of America, Goldman Sachs Earnings
A big day for bank earnings. Bloomberg's Sonali Basak reports on results from Goldman Sachs and Bank of America.
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Street Brokers on Broad Street, New York During Industrial Boom
Street Brokers on Broad Street, New York During Industrial Boom