📊 Business News

Horizons Middle East & Africa 10/13/2026 (Video)

FTSE 100 Live: UK Stocks Poised to Outperform Peers

Mike Bloomberg Opens the 2026 New Economy Forum

Michael R. Bloomberg, Founder, Bloomberg L.P. & Bloomberg Philanthropies welcome delegates to the 2026 Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)

Data Center Operator AirTrunk Is Said to Delay $1.5 Billion IPO

Data center operator AirTrunk is delaying a planned initial public offering of a real estate investment trust in Singapore until next year as higher interest rates and market volatility temper...

Firmus IPO Flop Raises Data Center Funding Questions

Australian data center operator Firmus is considering private funding and a potential US listing after its highly anticipated Sydney IPO collapsed. The setback has raised questions about investor...

Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures

Visa Approved to Prepare Domestic Payments Business in China

Visa Inc. received approval to begin preparations to establish a domestic bank card clearing business in China, teeing up the firm to potentially follow rivals Mastercard Inc. and American Express...

Can Peter Magyar Deliver Euro Membership for Hungary?

The political changes in the country have been breakneck. Delivering on the promise to adopt the single currency is a wholly different challenge.

INR/USD: Why India’s Rupee Is So Weak and What the RBI Is Doing

A country whose economy is expanding faster than those of its peers would typically expect its currency to strengthen. India’s growth has outstripped even that of manufacturing powerhouse China, yet...

BNP Paribas' Mateos y Lago on the Global Economy

Isabelle Mateos y Lago, Group Chief Economist at BNP Paribas, says the global economy remains resilient, but faces strains from rising interest rates and energy shocks. She speaks on the sidelines of...

Indian Bonds Face Double Blow From Rupee Defense, Inflation

Benchmark 10-year yields jumped to their highest since March 2023 on Monday.

BNY's LaRusse Sees Scope for Bond Market Relief Rally

April LaRusse, co-head of global client portfolio management at BNY Investments, says it is too early to confidently call a peak in Treasury yields. Speaking on "The Asia Trade," LaRusse says current...

RBA Raised Key Rate to Counter Upside Price Risk, Remains Alert

Australia’s central bank raised its key interest rate two weeks ago because upside risks to inflation were coming to pass and waiting could prove costly, while adding the outlook would be heavily...

Gold Holds Drop as Middle East Fighting Stokes Inflation Fears

Gold held a loss as the spreading conflict in the Middle East stoked fears that further energy supply disruptions could keep inflation elevated and increase the prospects for interest-rate hikes.

Goldman Says Markets Are Underestimating How Far Yuan Can Rise

A stronger yuan is among the most underpriced scenarios in the world’s $9.5 trillion-a-day foreign exchange market, according to Goldman Sachs Group Inc.’s Kamakshya Trivedi.

Singapore Bank Selloff Tests the City-State’s Safe Haven Status

A selloff in Singapore bank shares driven by fears of earnings downgrades is threatening one of Asia’s best-performing major stock benchmarks this year, putting the city-state’s safe haven status to...

Asian Stocks to Fall After US Chipmaker Selloff: Markets Wrap

Asian stocks were set to decline as a selloff in chipmakers weighed on sentiment ahead of a pivotal earnings season and US inflation data that could shape the Federal Reserve’s next move.

Rising US Bond Yields Show No Sign of Slowing

This year, an important psychological barrier for the bond market was crossed. Yields across different US Treasury maturities exceeded levels not seen in decades. And they show no sign of slowing...

Count On Yields Being Higher for Longer: BondBloxx's Gallegos

Joanna Gallegos, chief operating officer and co-founder of BondBloxx, joins Scarlet Fu and Eric Balchunas on "ETF IQ". They discuss rising US yields, opportunities in the front-end of the Treasury...

Opportunities in Yields, Thematic Investing, Sports ETFs on the Horizon

"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Global X CEO Ryan O'Connor,...

Judge Orders Trump Administration to Answer for Tree Removals at D.C. Golf Course

During a four-hour hearing, a federal judge demanded answers from the Trump administration about who authorized the removal of hundreds of trees at the East Potomac Golf Links.

Javon Hargrave out for season with torn Achilles: Three trade targets for Packers

Green Bay is running short on healthy defensive linemen after losing Hargrave and Edgerrin Cooper to season-ending Achilles injuries

Penny Hardaway says he contributed $2.6 million of his own money to Memphis' $9 million revenue sharing

Hardaway is entering his ninth season as Memphis' head coach. He is the latest college basketball coach to donate back to his team's revenue sharing.

Koch, Getty Families Team Up to Take Getty Images Private in Bankruptcy Deal

Getty Images Holdings Inc. will get an equity injection from existing shareholders as part of a prepackaged bankruptcy to restructure and take private the photo archive and stock-image company.

Feds Got Warrants to Use Fake Cell Towers to Hunt Down Don Lemon's Producer

Comments

Pick Six: NFL Week 5 winners and losers, plus Marvin Harrison Jr. trade grades and Bills-Rams picks

Here's everything you need to know about the NFL for Oct. 12

Bank Stocks Mired in Correction as Yields Surge Before Earnings

Big US bank stocks are teetering in correction territory as the group kicks off earnings Tuesday, heightening the focus on executives’ outlook for the American consumer with long-term borrowing costs...

Fears of Wider Middle East War Loom Over Busy Week of Bank Earnings, Inflation Data

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives...

Big Banks Set to Report Trading Haul of $19 Billion

Bloomberg's Sridhar Natarajan expects a mixed-bag when it comes to earnings results from Wall Street's big banks. JPMorgan, Goldman Sachs, Wells Fargo and Citi all report Tuesday. The banks are...

US Mortgage Bond Funds Suffer One of Worst Outflows Since 2021

Investors fled US mortgage bond funds at historic levels over the past three weeks, with outflows ranking among the seven worst since the start of 2021, as surging interest rates spur a flight from...

Law Firm DLA Piper Hires Latham Team to Expand Private Credit Group

DLA Piper is hiring three senior lawyers from Latham & Watkins to join its growing capital solutions business as it continues an aggressive push into the private credit market.

The OnePlus 16 is the company’s most interesting phone in years

Today the OnePlus 16 launched in China, the company's first flagship phone since quitting both the US and European markets this summer. As luck would have it, it also looks like the company's best...

Gramercy-Backed Firm Fends Off Ouster From $36 Billion Lawsuit

A Gramercy Funds Management-backed law firm was unlawfully fired from a $36 billion lawsuit that has seen two private credit investors clash over who will represent hundreds of thousands of victims...

Citi Economist Sees Rates Restrictive for Real Economy

Veronica Clark, US economist at Citi Research, points to slowing economic activity outside of Artificial Intelligence and suggests that a modest increase in inflation could keep the Federal Reserve...

Private Equity Has €41 Billion of Headroom for Dividend Recaps

Private equity firms have room to keep piling debt onto portfolio companies to fund payouts as market volatility makes exits harder.

Mexican Businesses See Bigger Hit From Local Problems Than Trade Risk

For Mexican businesses deciding whether to invest, the biggest risks increasingly lie at home rather than in Washington.

Marvin Harrison trade: A look at other top-5 picks who were traded ahead of Year 4 in the last decade

Harrison is one of five players in the last 10 years to be traded in before year four as a top-5 pick

Bitcoin holds $83,000 as dollar strength keeps markets on edge

Fire Devastates Paris’s Oldest Covered Food Market, Le Marché des Enfants Rouges

Le Marché des Enfants Rouges, which opened in 1615 as a vibrant produce hall, was a fixture for chefs, cooks and tourists.

HSBC Moves to Wall Street Bonus Model

HSBC will phase out fixed-pay allowances for its senior staff and instead hand out a greater proportion of its compensation in the form of bonuses, becoming the latest UK lender to switch to Wall...

Saudis Say New Missiles Intercepted After Deadly Airport Attacks

US stock futures rose modestly as traders weighed the prospect of solid results in a busy week for corporate earnings against the risk of escalating tensions in the Middle East. The Saudi-led...

Stumbling Equity Rally Hinges on Earnings for Year-End Boost

Strong corporate earnings will be pivotal to hopes for a year-end rally in global stocks, as flare-ups in fears over inflation, bond volatility and artificial intelligence spending weigh on sentiment.

What Could Stand in the Way of India's Growth Ambitions

India is the world’s fastest-growing major economy. But higher interest rates, a weak rupee, foreign investor outflows and youth protests are testing its ambitions. What's next for India will come...

Equity Trading Desks May Spur a Vibe Shift on Bank Stocks

A strong quarter for Wall Street could help bank stocks break free of the AI scare trade.

Nobel Prize in Economics Shared by Hall, Woodford

US-based academics Robert E. Hall and Michael Woodford will share the 2026 Nobel Prize in Economics for their work on the "microeconomic foundations of macroeconomic stabilization," according to the...

Goldman Strategists Upgrade Global Stocks on Earnings Boost

Goldman Sachs Group Inc. strategists are turning positive on global stocks for the short term, citing a boost from strong earnings for markets already trading near all-time highs.

Indonesia Stocks Tumble on Speculation Over Regulatory Fines

Indonesian stocks slid, sending the benchmark index to a three-month low as speculation that some of the country’s largest-listed companies could face regulatory fines rattled sentiment.

China Steel Mill Turns to Shipbuilding As Industry Booms

One of China’s largest private steel-making companies is moving into shipbuilding as the industry enjoys a boom in orders.

Chinese Lithium Slumps 10% After EU Deal Slashes Hybrid Exports

Lithium futures in China slumped as the agreement to limit hybrid car exports to the European Union weighed on demand prospects for the battery material.

Euro Area Rate Reprieve Capped by Political Risk: Market Analysis

Anna Edwards, Guy Johnson, Tom Mackenzie, and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)