Bloomberg
UK Acted 'Decisively' on SVB Failure: UK City Minister
The UK government's intervention in SVB UK was 'decisive' and delivered a 'really good outcome' according to UK City Minister Andrew Griffith. He speaks to Bloomberg's Lizzy Burden.
Bloomberg
IT Weakness in India
Infosys Ltd. forecast sales that lagged estimates and warned customers in key sectors like finance are pulling back, a sign of how far corporations are tightening their budgets to weather an economic slowdown. Ashutosh Joshi reports on...
Bloomberg
StancChart's Sahay Sees India's FY24 CPI At 5.3%
Standard Chartered Bank Head of South Asia Economic Research Anubhuti Sahay is forecasting India's FY24 CPI at 5.3 percent, with a risk of rising to 6.3 percent on adverse weather. She speaks with Yvonne Man and Rishaad Salamat on...
Bloomberg
Green Energy Transition: Biodiversity Finance
BloombergNEF estimates that the global economy could plunge by $2.7T in seven years, due to biodiversity loss. That would also impact food security and disrupt supply chains. BNEF's sustainable agriculture analyst Hugh Bromley explains....
Bloomberg
StanChart WM's Lam on Markets, Strategy
Daniel Lam, Head of Equity Strategy at Standard Chartered Wealth Management, discusses his outlook for markets and investment strategy. He speaks with David Ingles and Haidi Stroud-Watts on "Daybreak Asia".
Bloomberg
Saxo Capital Markets' Chanana on Markets
Charu Chanana, Market Strategist at Saxo Capital Markets, discusses her latest market outlook and investment strategies. She speaks with Rishaad Salamat on "Bloomberg Markets: China Open".
Bloomberg
Societe Generale's Benzimra on Investment Strategy
Frank Benzimra, head of Asia equity strategy at Societe Generale, discusses why he is not chasing China's reopening story. He speaks with Bloomberg's Yvonne Man and Rishaad Salamat on "Bloomberg Markets: Asia."
Bloomberg
StanChart WM: Fed to Cut Rates by Total of 50 Bps in Late 3Q, Early 4Q
Standard Chartered Wealth Management Senior Investment Strategist Abhilash Narayan expects the Fed to cut rates by a total of 50 basis points in late third-quarter or early fourth-quarter. He speaks with Bloomberg's Haslinda Amin and...
Bloomberg
Wealth Consulting Group CEO on Global Markets
Jimmy Lee, chief executive officer at Wealth Consulting Group, discusses his outlook for global markets and shares his investment strategies. He speaks with Bloomberg's Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
Bloomberg
Actor Ryan Reynolds Says He's No Expert in Fintech
Actor and entrepreneur Ryan Reynolds talks about why he's taking a stake in the Canadian payments firm Nuvei Corp. He appears along with Nuvei CEO Philip Fayer on "Bloomberg Markets."
Follow Bloomberg for business news & analysis,...
Bloomberg
Standard Chartered 'Well on Track' to Return $5B to Shareholders: CFO
"Overall, top-line growth has been really strong." Standard Chartered Plc Chief Financial Officer Andy Halford discusses the lender's latest financial results and outlook. The London-headquartered bank reported its largest quarterly...
Bloomberg
Underlying Fundamentals of Global Economy Not Bad: Smart
"The underlying fundamentals in the global economy are not so bad," says Christopher Smart, chief global strategist at Barings. He discusses the current state of markets, the risks associated with the US-China relationship and his...
Bloomberg
Department of Energy's JJigar Shah on Taking on Risk in Investing
Jigar Shah, director of the Loans Program Office at the US Department of Energy, discusses the loan program, and the willingness to take on risk in investments. He speaks at the BNEF Summit in New York.
Bloomberg
S&P 500 Feels Too Safe, Morgan Stanley's Skelly Warns
Daniel Skelly, Morgan Stanley's head of wealth management, market research and strategy, says the tech earnings picture is "a mixed bag" during an interview with Jonathan Ferro on "Bloomberg The Open."
Follow Bloomberg for business news...
Bloomberg
Macron's Push to Get China's Help on Ukraine Unraveling
French President Emmanuel Macron's efforts to enlist China's help in brokering peace in Ukraine may be unraveling. This comes after comments from the Chinese Ambassador to France enraged former Soviet bloc nations. Stephen Engle reports...
Bloomberg
Weighing Recession Risks
David Bianco, DWS Americas CIO and Sharmin Mossavar-Rahmani, Goldman Sachs Wealth Mgmt CIO dive into growth in the US and how earnings in other countries stack up. They also evaluate which country has benefitted the most from globalization.
Bloomberg
Jim Millstein Calls Regional Bank Stock Moves 'Unfair'
"The stress in the regional banking market today is really a function of the stock market," Guggenheim Securities Co-Chair Jim Millstein says during an interview with Sonali Basak and Romaine Bostick on "Bloomberg Markets: The...
Bloomberg
Why Citi's Kaiser Sees No Compelling Alternative to Tech Sector Stocks
Stuart Kaiser, Citi's head of US equity trading strategy, says credit risk and concerns over economic growth are behind his bullish call for tech sector stocks on "Bloomberg The Open."
Bloomberg
PacWest Shares Surge After Slashing Dividend
Regional bank shares are bouncing back Monday morning. PacWest Bancorp surging as much as 30% after slashing its quarterly dividend to one cent. Bloomberg's Sonali Basak reports.
Follow Bloomberg for business news & analysis,...
Bloomberg
Market Not Convinced About China's Recovery, Economist Hong Says
"I think bond investors are very happy. But then at the same time, if bond is doing well, that means the market is not convinced about the economic recovery." Hao Hong, partner and chief economist at GROW Investment Group, discusses the...
Press Association
Lib Dems pledge improved wage for carers
Sarah Olney, the Liberal Democrat Spokesperson for Business, Energy and Industrial Strategy, addresses the party's Spring Conference in York. She discusses the need to tackle income equality, pledges a new minimum wage for carers and a...
Press Association
Heathrow security guards on strike outside airport
Heathrow said the airport is operating as usual on Thursday despite a strike by security guards. Members of the Unite union walked out in the first of a series of stoppages after talks over a pay dispute broke down on Wednesday evening.
Bloomberg
JPMorgan's Malek Says $75 Is Oil's Key Number
Christyan Malek, JPMorgan Global Head of Energy Strategy, told Alix Steel and Guy Johnson $75 will be a key level for oil to be at for the rest of 2023. Malek said this Tuesday on "Bloomberg Markets: European Close."
Follow Bloomberg...
Bloomberg
Fed's Powell Says Banking-Sector Conditions Have 'Broadly Improved'
Federal Reserve Chairman Jerome Powell speaks about the decision by the Fed's policy-setting Federal Open Market Committee to raise its benchmark interest rate by a quarter of a percentage point.
Follow Bloomberg for business news &...