Category: Money

World Money and Markets in the news

Fed’s Kugler Says Rate Cut May Be Appropriate Later This Year

Federal Reserve Governor Adriana Kugler says it would be appropriate to lower borrowing costs “later this year” if inflation continues to moderate…

Bloomberg Brief (07/16/2024)

“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Today’s guests: Octavio Marenzi, Opimas…

Bank of America Beats on Net Interest Income, Trading Revenue in Second Quarter

Bank of America reported second-quarter results that saw net interest income FTE of $13.86 billion and offered guidance of an…

GSK CEO and Fleming Initiative Chair on Fighting Drug-Resistant ‘Superbugs’

Emma Walmsley, CEO of GSK and Ara Darzi, Executive Director of the Fleming Initiative and Imperial College’s Director of the…

Blue Owl to Buy Atalaya, Pushing Deeper Into Private Credit

Blue Owl Capital is buying Atalaya Capital Management, pushing deeper into the private credit market in a deal could be…

Mediobanca CEO: Seeing Increase in M&A Activity in Europe

Alberto Nagel, Mediobanca CEO on the M&A pipeline, IPOs and banking consolidation in Europe. Nagel joins Bloomberg’s Francine Lacqua on…

France Readies for Cartaker Government

French President Emmanuel Macron is set to appoint a caretaker as the left New Popular Front struggles to pick a…

Trump Picks Vance, Powell on Inflation, Goldman Profit | Horizons Middle East & Africa 07/16/2024

Donald Trump has picked Ohio’s JD Vance as his running mate, elevating the populist venture capitalist-turned-senator to the Republican presidential…

Toronto Raptors President Stokes Africa’s Hoop Dreams

Toronto Raptors President Masai Ujiri leads the only non-US team in the NBA, and he’s spearheading an effort to take…

Vance Announced as Trump VP Pick

Senator JD Vance is officially the vice presidential pick for the Republican ticket. Bloomberg’s Tyler Kendall is on the floor…