The Czech central bank raised interest rates for the second time this year to tame inflation risks from resilient domestic demand and higher energy prices.
A flash of anger from voters toward artificial intelligence infrastructure raised the bar for IPO candidates providing computing power to fuel the technology’s surging growth.
German and British wind farms generated unusually large amounts of electricity in October. Yet something that has become increasingly familiar during periods of abundant renewable power was almost entirely absent: negative prices.
Bank of England Governor Andrew Bailey says the best thing that could curb the current supply shock is a resolution of the war in the Middle East. He speaks at a news conference following the central bank's decision to hike interest rates…
"I'm not going to sign up to the two-and-done point," Bank of England Governor Andrew Bailey says when asked if a second interest-rate increase is on the cards following Thursday's decision to hike. "Absent a resolution of the conflict in…
Dollar bears may be misinterpreting the impact of US President Donald Trump’s setback in the midterm elections, according to a former head of strategy at Brevan Howard Asset Management.
Apple Inc. is tapping the investment-grade bond market for the first time in more than a year, adding to a flurry of debt issuance by US technology heavyweights.
US equity futures waver and chipmakers come under pressure as the midterm-fueled rotation trade enters a second day. Republicans trade blame after the GOP's defeat in key states, while Democrats warn of potential investigations into…
Munich prosecutors raided German pension fund group BVK over its troubled US property investments just two days after the investigators had searched asset manager Deutsche Finance Group as part of the investigation.
Traders upped bets on a second straight Bank of England interest-rate hike after all policymakers backed a first increase, with one calling for an even bigger move.
Cocoa futures in New York fell to the lowest level in a month as rising stockpiles in European and US warehouses outweighed concerns about weather risks in key producing countries.
For much of the last century, Ohio was the bellwether that loomed largest over presidential elections. From 1960 until Joe Biden ran, no candidate from either political party had won the White House without winning the Midwestern state and…
Activist investor Arkhouse Management Co. is pushing Barry Diller’s media company People Inc. to pursue stock buybacks and sell its New York City office building to improve its share price.
As autonomous AI agents proliferate across enterprises, keeping track of assets, identities and access is becoming a bigger cybersecurity challenge. Axonius CEO Joe Diamond joins Bloomberg Intelligence’s analyst Mandeep Singh to discuss…
Lyft Inc. is launching a new loyalty program that includes a DoorDash Inc. membership and credits toward future rides or delivery orders, setting it up to better compete with rival Uber Technologies Inc.’s subscription offering.
“In five years in healthcare, every single person in America will have the same kind of quality of healthcare that Jeff Bezos has.” Akido Labs co-founder and CEO Prashant Samant joins Bloomberg Intelligence analyst Jonathan Palmer to…
German auto supplier Aumovio SE warned semiconductor prices will surge next year as booming demand from artificial intelligence data centers gives chipmakers enhanced pricing powers.
Papa John’s International Inc. said it now expects comparable sales to decline more than previously expected for the full year, as the pizza chain struggles with fierce competition and budget-conscious diners pulling back.
German Chancellor Friedrich Merz warned that measures being discussed to shield the European Union against unfair trade from China must not disrupt the region’s competitive edge — and that policies favoring EU content risk blunting…
US equity futures diverged Thursday as a rotation out of semiconductor stocks extended into a second day. Investors looked past the initial relief rally following the US midterm elections to assess the implications of a…
Bank of England Governor Andrew Bailey discusses the central bank's decision to hike interest rates by a quarter point to 4% on Thursday. He tells reporters in London that the longer the conflict in the Middle East continues, the more…
Italian Prime Minister Giorgia Meloni demanded that the European Union discuss who should represent the bloc and with what mandate in negotiations related to Russia’s war in Ukraine because the current system risks undermining the EU’s…
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