India is the fastest-growing major economy in the world. A one-time dollar-deposit program for its diaspora has just lifted foreign-exchange reserves by 20%. The rupee is steadying and tax revenues are surging. The bond market should be…
BMW AG lowered its profit forecast for the second time in five months as the German carmaker expands restructuring efforts as it contends with ailing demand for its vehicles in China.
Emirates won’t yet commit to ordering the largest variant of Airbus SE’s flagship A350 jet, even after engine-maker Rolls-Royce Holdings Plc said it was modifying parts of the turbines to make them more reliable.
Gary Steele, CEO, Shield AI, discusses how AI-piloted aircraft and autonomous drones are changing modern warfare and the balance of military power with Bloomberg’s Tom Giles at Bloomberg Tech 2026 in London. (Source: Bloomberg)
Apple Inc. rolled out the first developer beta versions of iOS 27.3 and watchOS 27.3 on Tuesday, putting new features like always-listening artificial intelligence tools, its AI platform for China and a fresh Health app into widespread…
Andrés Manuel López Beltrán, son of Mexico’s former president and a member of the ruling party, took to social media to deny involvement amid scrutiny over alleged corruption cases.
How will AI giants like Anthropic and OpenAI pay the bills for vast computer warehouses when they are so far seeing few productivity gains? Bloomberg Opinion columnist Parmy Olson shares the weak justifications she’s been hearing from…
Walt Disney is moving toward thousands of job cuts with the entertainment giant asking some managers to target 20% in annual cost savings, according to people familiar with the matter. The savings could come from job eliminations as well…
The European Central Bank will probably increase borrowing costs next month due to the worsening outlook for inflation, Governing Council member Joachim Nagel said.
The biggest banks in the US and Europe say they’re ready to facilitate deals in the development finance sector after its embrace of complex securitizations.
The UK’s “low-key fiscal event” budget means a fading fiscal premium, for now, and a focus on sterling’s carry appeal as the first BOE rate rise in the cycle looms. In this episode of the FX Moment podcast, Bloomberg Intelligence chief FX…
Fal, an AI inference startup that hosts image, video and audio models for creators and developers, has doubled its valuation to $16 billion in a new round of funding.Bessemer Venture Partners, an existing investor, led a $1.3 billion…
Starbucks Corp. is discontinuing its breakfast sandwich featuring Impossible Foods Inc.’s sausage patty, extending a trend of restaurant chains moving away from plant-based meat options.
The dollar rose on Election Day in the US, buoyed by climbing Treasury yields and solid economic data, while traders monitored developments in the Middle East for a sense of the greenback’s direction.
Hydro-Quebec, a Canadian renewable-energy powerhouse with major US export contracts, is stretching an investment plan worth C$200 billion ($143 billion) by six years to 2041. Until then, it anticipates potentially being a net importer of…
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