Oct.12 — A trade deal between the U.K. and European Union is still hanging in the balance after a weekend of intense diplomacy saw U.K. Prime Minister Boris Johnson call the leaders of Germany and France. Bloomberg Opinion’s Therese Raphael has the latest on Bloomberg Markets: European Open.” The views expressed are her own. …read more […]
Oct.12 — U.K. Prime Minister Boris Johnson is set to announce a new tiered system of alert levels that would see millions of Britons subject to more stringent curbs on their everyday lives. Johnson will unveil plans to divide England into areas of “medium,” “high” and “very high” alert, with the levels determining the extent of restrictions imposed. Bloomberg Opinion’s Therese Raphael has the latest on Bloomberg Markets: European Open.” The views expressed are her own. …read more […]
Taitai lives in Tai O, a fishing town in the west of Hong Kong’s Lantau Island. The 82-year-old woman is among the few people who still remember the traditional songs of the Tanka fishing community. The centuries-old ballads about stages of life, including specific songs people would sing at weddings and funerals, were once popular among fishermen. While the songs are listed as part of Hong Kong’s intangible cultural heritage, few young people learn them and they are steadily becoming an echo… …read more […]
Oct.12 — President Donald Trump is trailing Democrat Joe Biden by 12 points, with little more than three weeks to go before election day. That’s according to the latest national poll of likely voters by the Washington Post and ABC News last night. Bloomberg’s Michelle Jamrisko reports on “Bloomberg Daybreak: Europe.” …read more […]
Shares of Vedanta Ltd fell 10% on Monday as the miner’s attempt to buy back shares and delist itself failed, forcing it to return all the shares tendered as part of the process. Group chairman and billionaire Anil Agarwal told https://bit.ly/2GMjhUY CNBC-TV18 on Friday the company will go for a counter offer if it was needed. The company’s parent, Vedanta Resources Ltd , which owns 36.80% of the Indian unit, had then said it would delist and take the company private to speed up the process of simplifying its corporate structure amid the coronavirus crisis. …read more […]
Oct.12 — Mary Nicola, senior vice president and portfolio manager at PineBridge Investments, discusses her outlook for U.S. markets, the Chinese yuan and where she’s finding opportunity. She speaks on “Bloomberg Markets: Asia.” …read more […]
The company listed both assets and liabilities in the range of $1 billion to $10 billion in a filing with the U.S. Bankruptcy Court for the District Of Delaware. The company had in February said it planned to have its generic drug business file for bankruptcy as part of a tentative $1.6 billion opioid settlement to resolve claims by state attorneys general and U.S. cities and counties. It further warned on Aug. 4 the parent company and other units may also seek bankruptcy protection after a judge allowed the federal government to force it to pay higher rebates …read more […]
Oct.11 — Lecturer of International and Public Affairs at Columbia University and former New York State Democratic Party Executive Director Dr. Basil Smikle, discusses President Trump’s virus recovery, the canceling of the second presidential debate, Biden’s policies for China, and the Supreme Court hearings for Amy Barrett. He speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Australia.” …read more […]
Oct.11 — Hong Kong bankers are being overtaken by their mainland Chinese counterparts as the city’s go-to dealmakers with new figures showing that the local share of investment banking jobs has fallen to 30%. Bloomberg’s Jonas Bergman reports on “Bloomberg Markets: Asia.” …read more […]
Oct.11 — Harsh Modi, co-head of financials research at JPMorgan Chase & Co., discusses how Asean banks are positioning for the next six months. He speaks on “Bloomberg Markets: Asia.” …read more […]
Oct.11 — Wendy Liu, head of China strategy at UBS, discusses her outlook for the yuan and Chinese equities. She speaks on “Bloomberg Markets: China Open.” …read more […]
(Bloomberg) — The dollar may tumble to its lows of 2018 on the rising likelihood of Joe Biden winning the U.S. election and progress on a coronavirus vaccine, according to Goldman Sachs Group Inc.“The risks are skewed toward dollar weakness, and we see relatively low odds of the most dollar-positive outcome — a win by Mr. Trump combined with a meaningful vaccine delay,” strategists including Zach Pandl wrote in a note Friday. “A ‘blue wave’ U.S. election and favorable news on the vaccine timeline could return the trade-weighted dollar and DXY index to their 2018 lows.”The ICE U.S. Dollar Index …read more […]
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