Category: Money

World Money and Markets in the news

Middle East Tensions Cloud Oil Outlook | Presented by CME Group

Although Libya’s oil production, the seventh largest in the world, is at a standstill, crude oil markets have largely remained…

Larry Ellison to Control Paramount When Deal Closes

Billionaire Larry Ellison will control Paramount Global after a group led by his son closes the deal to buy it….

Oppenheimer’s Stoltzfus Says It’s Time to Own Cyclicals

John Stoltzfus, chief investment strategist at Oppenheimer, explains why “it’s the wrong time” for investors to get defensive now as…

Bloomberg Brief (09/05/2024)

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

Tesla Plans FSD Launch in China, Europe Early Next Year

Tesla plans to release Full Self Driving technology, its advanced driver assistance system, in China and Europe in the first…

Weak China Demand Hurts Oil, OPEC+ Nears Deal to Postpone Output Increase

Oil prices edged higher after hitting a 14-month low on weak China demand, as OPEC+ closes in on an agreement…

Chinese Equities: Why Have Markets Soured on Expectations?

Principal Asset Management Chief Global Strategist Seema Shah says the US election and bipartisan anti-China policy rhetoric is likely to weigh on…

Ukraine Reshuffle: Zelenskiy to Nominate Andrii Sybiha as Foreign Minister

Ukrainian President Volodymyr Zelenskiy is set to nominate Andrii Sybiha, a senior diplomat and former ambassador to Turkey, to become foreign minister…

Kamala Harris Proposes Smaller Increase in Capital Gains Tax Than Biden | Daybreak: Europe 09/05/24

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

Luxury Stocks: Burberry to Exit FTSE 100 as Shares and Sales Plunge

Burberry, the 168-year old UK fashion company, is set to be dropped from the FTSE 100 index, ending a 15-year…