Snowflake Said to Pursue Startup Reka AI for $1 Billion
Snowflake is said to be in talks to acquire startup Reka AI for more than $1 billion, expanding the software…
US Banking Crisis Risk If Fed Keeps Rates Higher: Stanhope’s Pinto
The Fed will likely cut interest rates twice this year, starting in September, according to chief executive and chairman of…
Reddit, OpenAI Forge Pact to Bring Content to ChatGPT
Reddit announced a partnership with OpenAI to bring its content to the chatbot ChatGPT and other products. Tom Mackenzie reports…
BlackRock’s Rieder: Federal Reserve Rate Cuts Needed to Tame Inflation
Rick Rieder, chief investment officer of global fixed income at BlackRock Inc., makes the case for the Federal Reserve to…
Georgia President Says EU Dream At Risk Over Russia-Style Law
Salome Zourabichvili, President of Georgia, says the country may lose its chance of EU membership over the ‘foreign agent’ law,…
Earnings Growth to Trump Fed Policy, Curtin Says
Alti Tidemann Global CIO Nancy Curtin says she believes the Federal Reserve may not be able to cut interest rates…
ECB’s Approach to Inflation Is Right, Donohoe Says
Paschal Donohoe, Eurogroup President and Irish minister for public expenditure, tells Bloomberg Television he believes the European Central Bank’s gradual…
China’s Xi and Russia’s Putin share a hug in Beijing
Vladimir Putin and Xi Jinping share a hug, as the Russian president continues his visit to China. The two leaders…
Fed’s ‘Higher for Longer’ Message Tumbles Markets | Horizons Middle East & Africa 05/16/2024
The ‘higher for longer’ message from Fed officials sends markets tumbling; we hear from Cleveland President Loretta Mester and JPMorgan’s…
China’s Mortgage Bazooka | Daybreak: Europe 05/17/2024
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…