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Novartis Sees Avidity Drug Suffer Third Clinical-Trial Setback
Novartis saw a treatment for a rare muscle-wasting disease fail a late-stage study, the third clinical-trial setback in a week. The medicine was the centerpiece of Novartis's $12 billion takeover...
Canada Hits US With Tariffs Of Up To 50%
Canada has imposed tariffs of 15% to 50% on hundreds of products from the US on Tuesday, as Prime Minister Mark Carney bets that standing up to President Donald Trump will eventually help Ottawa's...
Brent Oil Climbs Toward $100 With Hormuz Constrained
Brent oil approached $100 a barrel after Saudi Arabia said operations at several energy facilities in the kingdom's south were halted by attacks. Oil trader Vitol Group estimated that oil flows...
Marathon's Richards Says Equities Can Absorb 25 Bps Fed Hike
Markets can withstand a 25 basis-point interest-rate increase by the Federal Reserve, according to Marathon Asset Management CEO Bruce Richards. The consumer is doing well, corporate earnings are...
Yen Rally Gaining Further Momentum: 3-Minutes MLIV
Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on Bloomberg: The Opening Trade. ...
Bathla Crisis Exposes Australia's Property Lending Risks
Insolvent Australian property developer Bathla Group has secured enough stopgap funding to survive a few weeks, but it still faces $2.5 billion in creditor claims. Thousands of homebuyers remain in...
Preferred Networks CEO Eyes IPO Amid AI Chip Race
Japanese startup Preferred Networks is seeking to go public to mass-produce its chips, reflecting the rising cost and scale needed to stay competitive in the global AI race, CEO Daisuke Okanohara...
Crude Poised for Significant Leg Higher, Energy Aspects Says
Energy Aspects founder Amrita Sen discusses China's demand for oil and the outlook for crude prices as disruptions in the Strait of Hormuz continue. We've been talking about diesel and gasoline...
Yields at 5.5% Would Spell Trouble for Stocks, SocGen Warns
Alain Bokobza, head of global asset allocation at Societe Generale, discusses factors weighing on bond yields and the knock-on impact on equities. He speaks on Bloomberg Television. ...
'Real Fear' AfD Win Could Impact Investment, Says Mittelstand Chair
Christoph Ahlhaus, Chairman of the German Association of Small and Medium-Sized Businesses, tells Bloomberg there is 'real fear' the election success of the far-right Alternative for Germany in the...
This Week Is All About US CPI: 3-Minute MLIV
Guy Johnson and Adam Linton break down today's key themes for analysts and investors on Bloomberg: The Opening Trade. ...
US, Iran Exchange Tanker Attacks as War Continues
The US and Iran carried out what appeared to be their largest tit-for-tat tanker strikes yet over the weekend. The US military said it struck three Iranian crude tankers, while Iran said it hit...
Amazon Cargo Plane Overshoots Runway, Closing Miami Airport
An Amazon.com Inc. cargo plane overran a runway at Miami International Airport and burst into flames on Sunday, shutting down the airport's runways and taxiways and prompting an emergency...
Pointed! Bloomberg's Weekly News Quiz For Risk-Takers
Pointed offers a strategic twist to the news quiz format, testing not just players' knowledge of the news but also their confidence in their answers. Join Bloomberg's Lisa Mateo, Christina Ruffini,...
US Races to Boost Missile Interceptor Output
The US retains significant munitions capacity for operations against Iran, but stocks of sophisticated interceptors missiles have come under greater pressure. Bloomberg Intelligence Senior Defense...
By The Way: Headlines You May Have Missed
Taylor Swift and Travis Kelce settling in Ohio, parents teaching teens to invest, what happened to yoga classes, and baseball dogs: Watch Lisa Mateo, Christina Ruffini and Jeff Mason talk about...
US Envoys Test New Opening in Ukraine Talks
US envoys Steve Witkoff and Jared Kushner arrived in Kyiv for their first official visit to Ukraine after more than three hours of talks with Russian President Vladimir Putin in Moscow produced no...
Afghan Deportations Fuel Humanitarian Strain
Millions of Afghans have returned from Pakistan and Iran in recent years, including many who had never lived in Afghanistan, as both Pakistan and Iran step up deportations. BBC Chief International...
Canada Hits Back With New US Tariffs
Canada is set to impose new retaliatory tariffs of as much as 50% on US goods starting Sept. 8, targeting $27.6 billion of imports including steel, aluminum, pulp and paper, appliances and...
US Iran Fight Shifts to Economic Endurance
The Trump administration is intensifying economic pressure on Iran through sanctions and a blockade, with Treasury Secretary Scott Bessent saying Tehran has about 30 million barrels of crude left...
AI's Reality Check Arrives
Belron, the Owner of Carglass and Safelite, readies its IPO
Rate hikes are a no-brainer for central banks
When markets panic over AI… then backtrack
Real estate: Americans are now borrowing at 6.85% for 30 years
The yen flexes its muscle, lifted by the BOJ and short covering
Oil regains altitude, European gas follows
Prysmian: from cable maker to architect of global electrification
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