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BLOOMBERG REPORTER CATHERINE LUCEY
Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...- Japan to raise residence permit fees from October 1Japan is set to significantly hike fees for residence permits and permanent residency applications starting October 1, with permanent resid...
- Citi sees brent crude sliding to $60/bbl as supply fears easeGeopolitical tensions easing around the Strait of Hormuz are expected to drive Brent crude prices down to $60 a barrel by year-end, accordi...
- ICICI Bank mulls first benchmark dollar bond sale since 2017ICICI Bank is planning its first benchmark US dollar bond sale since 2017, aiming to raise at least $500 million through offshore bonds. Th...
- ElevenLabs explores employee stock sale at $22 billion valuation: reportAI startups engaged in fierce competition for talent have been increasingly letting employees sell stock as they race to retain and attra...
- Crusoe in talks to raise $3 billion funding: reportThe startup has contracts to supply AI computing power for the likes of Meta and Oracle, the report said, as technology giants spend bill...
- India bonds surge on Bloomberg index hopes, oil-led inflation reliefIndian government bonds surged Thursday, fueled by strong foreign investment and easing inflation worries stemming from lower oil prices. H...
- Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...
- Bloomberg global index entry in sight for Indian G-SecsIndian government bonds are on the cusp of inclusion in Bloomberg's Global Aggregate Index, with a decision anticipated mid-July. Tax exemp...
- US Stocks: Meta building cloud business to sell AI computing, says report; shares riseMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
- Meta building cloud business to sell excess AI capacity, Bloomberg News reportsMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
- India bonds stuck in range as traders eye fresh triggersIndian government bonds remained stable as hopes of inclusion in the Bloomberg index balanced out geopolitical concerns and a declining rup...
- Trump receives sports event tickets worth nearly $120,000President Donald Trump's latest financial disclosure reveals he received approximately $120,000 in tickets to major sporting events. Gifts ...
- Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
- Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...
- Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billionMicrosoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns e...
- No M6 Pro and Max By Apple ? What is in the pipeline for the next Apple silicon?Apple's predictable chip roadmap is reportedly set for a major shift, with the company possibly skipping M6 Pro and Max variants to focus o...
- Ford brings back old hands to fix AI-led quality issuesFord Motor Co. is re-emphasizing human expertise to combat persistent quality issues, bringing in hundreds of veteran engineers to train it...
- NRI money could ease banks' funding crunch before powering India's capex: Axis Bank CEOIndian banks are set to leverage new foreign-currency deposits from the diaspora to replace costly funding, according to Axis Bank CEO Amit...
- Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reportsVenezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...
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