Category: Money

World Money and Markets in the news

Salesforce Set to Fall on Slowing Sales Growth Forecast

Salesforce Inc. said sales growth in the current quarter will stall to its slowest in history in what would be…

South Africans Vote in Most Unpredictable Election Since 1994

South Africans are voting in an election on Wednesday that looks set to reshape a political landscape dominated for three…

Tech Stocks Rally Still Has Legs, BlackRock Says

BlackRock investment strategist Karim Chedid says tech is still being driven by fundamentals and remains of the asset management giant’s…

Europe Faces ‘Unfair Competition’ With US Regardless of Trump: France’s SocGen

Societe Generale Chairman Lorenzo Bini Smaghi tells Bloomberg why he thinks the European Union has fallen short on integrating the…

UBS Shakes Up Executive Team in Hint of CEO Race:

UBS appointed investment bank head Rob Karofsky to run its US business and jointly oversee wealth with Iqbal Khan, in a management shakeup that…

South Africa Election Results: ANC Looks Set to Lose Majority

South Africa’s ruling African National Congress party looks set to fall well short of obtaining a parliamentary majority for the…

Rising Yields, Aramco Share Sale & BHP-Anglo Deal Off | Daybreak: Europe 05/30/2024

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…

Xi Lays Out Vision for Greater Cooperation With Arab States

Chinese leader Xi Jinping outlined a range of areas including finance and technology in which his nation can enhance cooperation with Arab…

Why Treasury Auctions, Yen Slide Are Weighing on Markets

Investor sentiment turned negative in Asia with US Treasury yields hovering near the highest levels of the year. And FX…

Markets in 2 Minutes: Equities Shouldn’t Fear Higher Yields

Mark Cudmore and Guy Johnson break down today’s key themes for analysis and investors on “Bloomberg Markets Today.” ——– More…