President Donald Trump says he held a "very good" conference call with Russian and Saudi Arabian leaders to discuss global oil production. Trump speaks at a White House briefing.
Lawrence. H. Summers, former U.S. Treasury Secretary, sees the Federal Reserve's latest move as right for the short-run, but sees trouble ahead for economic fundamentals.
President Donald Trump says he may unveil a bailout proposal for the beleaguered U.S. airline industry over the weekend. Airlines have been frustrated by delays in U.S. aid after being virtually shutdown by the coronavirus. Some of those carriers ...
The United Nations is calling for a $2.5 trillion package for developing countries facing the economic impact from the coronavirus global shutdown. Mukhisa Kituyi, Secretary-General of the UN Conference on Trade & Development, talks with Shery Ahn.
U.S. stocks posted the biggest weekly gain since 1974 as investors looked past staggering jobless numbers when the Federal Reserve released new measures to cushion the fallout from the coronavirus.
Legendary short-seller Jim Chanos, Kynikos Associates founder, discusses the state of private markets amid the coronavirus pandemic, why he is still bearish on Tesla Inc. and the sectors he is shorting with Bloomberg's Scarlet Fu and Joe Weisentha...
Barry Sternlicht, Starwood Capital Group Management chairman and chief executive officer, discusses the Federal Reserve's emergency policy actions and the impact of the coronavirus pandemic on financial markets with Bloomberg's Erik Schatzker on "...
Barry Sternlicht, Starwood Capital Group Management chairman and chief executive officer, cautions that the Federal Reserve's policy actions run the risk of overstimulating the economy and says the market is ahead of itself on the slope of the rec...
Eric Kinariwala, chief executive officer of direct-to-consumer pharmacy Capsule, believes that pharmacy delivery is here to stay, even after stay-at-home orders are lifted.
Barings Chief Executive Officer Tom Finke says the Federal Reserve's creativity with monetary policy can only blunt the inevitable credit crunch that will result from the coronavirus pandemic.
A limited stockpile and a massive spike in demand led to a critical shortage of 3M N95 masks for American healthcare workers fighting COVI-19. Yet there are a number of alternative masks that America could import, but can't, due to strict federal ...
Anthony Fauci, the top U.S. infectious-disease expert, said the U.S. death toll from the coronavirus pandemic may be smaller than expected, while lockdowns are being extended in Spain, Italy, and the U.K.
Saudi Arabia and Russia reached an outline for a new output cut deal at the virtual OPEC+ meeting.
Federal Reserve Chairman Jerome Powell says U.S. banks are "highly capitalized" and there is no reason to halt dividends. Powell spoke Thursday in a virtual presentation.
Federal Reserve Chairman Jerome Powell explains why he believes the U.S. economy can quickly recover from the effects of coronavirus pandemic. Powell spoke Thursday in a virtual presentation.
The International Monetary Fund has a "constructive engagement" with all its members, "including Turkey," Managing Director Kristalina Georgieva said in an interview on "Bloomberg The Open.
Federal Reserve Chairman Jerome Powell said the central bank is committed to acting "forcefully" to help the U.S. economy recover from the coronavirus pandemic. Powell spoke Thursday in a virtual presentation.
The International Monetary Fund will need to boost its resources if the coronavirus pandemic develops into a second wave of infections, Managing Director Kristalina Georgieva says.
The Federal Reserve's new plan to provide as much as $2.
The Federal Reserve announced another series of sweeping steps to provide as much as $2.3 trillion in additional aid during the coronavirus pandemic, including starting programs to aid small and mid-sized businesses as well as state and local gove...
The International Monetary Fund expects the global economy to experience "the worst economic fallout since the Great Depression" due to the coronavirus pandemic. IMF Managing Director Kristalina Georgieva explains in a speech outlining the fund's...
Knighthead Capital Management co-founder Thomas Wagner discusses the state of PG&E Corp.
Knighthead Capital Management co-founder Thomas Wagner says it is unlikely that the coronavirus pandemic will affect PG&E Corp.'s exit from bankruptcy.
An OPEC+ deal to cut oil production won't do much to lift prices, Amrita Sen, chief oil analyst at Energy Aspects, says during an interview with Bloomberg's Alix Steel on "Bloomberg Daybreak: Americas."
Johns Hopkins University Professor of Nursing Jason Farley discusses the shortfalls in supplies and protections for health care workers on the frontline of the coronavirus pandemic and patterns observed on how the virus has attacked some patients....
Edward Morse, global head of commodities at Citi Research, examines the state of the oil market and the level of production cuts that will be needed by global producers.
Edward Morse, global head of commodities at Citi Research, explains the factors that will push the price of gold higher.
"I don't think there's any inflation coming for the foreseeable future," says David Rosenberg, chief economist and strategist at Rosenberg Research.
The U.S. dollar will be weaker by the end of the year, says George Saravelos, global head of FX research at Deutsche Bank, but corporates are hoarding dollars near-term during the coronavirus crisis.
UBS Group AG delayed its dividend even as the Swiss lender reported a surprise jump in first-quarter profit that suggests banks so far are benefiting from volatility in the wake of the coronavirus pandemic.
UBS Group AG Chief Executive Officer Sergio Ermotti discusses the decision to split the bank's 2019 dividend into two installments, following pressure from financial markets regulator Finma.
Marc Allera, chief executive officer at BT Consumer, discusses the demand he's seeing for the company's services, the launch of 5G and paying dividends.
"We have a $35-per-barrel forecast for the second quarter, but I'd say the risk is to the downside, says Jason Gammel, energy analyst at Jefferies, in an interview on "Bloomberg Surveillance."
Both Credit Suisse and UBS have proposed delaying half of their 2019 dividend payments to later in the year. This follows mounting pressure from the Swiss financial regulator on the nation's banks to reconsider their dividend distribution plans.
Peter Kinsella, global head of FX strategy at Union Bancaire Privee, discusses the dollar, the euro, the Swiss franc and the Japanese yen.
President Donald Trump spoke at a news conference on Wednesday about how he has had a change of heart about OPEC. "Obviously for many years I used to think OPEC was very unfair," Trump told reporters in Washington on the eve of an emergency meetin...
Coronavirus has claimed another daily record number of victims in the U.K. as well as in the hard-hit states of New York and New Jersey. The number of new cases in Italy and Spain crept up after several days of declines. The global tally now stand...
Rashid Al Mansoori, chief executive officer at Qatar Stock Exchange, discusses the impact of coronavirus on Qatari stocks, the government's stimulus package to support the markets and his outlook for IPOs.
Trang Thuy Le, emerging Asia foreign-exchange strategist at Macquarie Group, discusses the outlook for the dollar and Asian currencies.
Businesses in Wuhan are returning to life after a lockdown of more than two months. Among them, wet markets like the one linked to a cluster of infections when the new coronavirus was first reported.
There is contentious debate in Europe over how much coronavirus support should be given to EU member states. ECB President Christine Lagarde repeated her call for a strong fiscal response to the coronavirus as EU leaders failed to agree on how to ...
Bernard Chan, convenor of Hong Kong's Executive Council and an adviser to Chief Executive Carrie Lam, discusses the $18 billion virus relief package set out by the Hong Kong government to support the economy.
The Bank of Korea kept interest rates at the record low of 0.75%.
Neeraj Seth, head of Asian credit at BlackRock Inc., discusses the opportunities he sees in Chinese and Indian markets.
09 Apr 2020 - The ASX shot up at the open and is now tracking almost 2% higher at noon. Shares in oOh!media (ASX:OML) are on the up after HT&E has acquired at least 11 million shares in the company representing at least 1.8% of the Company’s issue...
Nobuko Kobayashi, partner at EY-Parthenon, discusses how the coronavirus outbreak is affecting the Japanese economy. The economy is headed for a double-digit contraction this quarter as increased restrictions on movement add to the impact of the c...
09 Apr 2020 - oOh!media (ASX:OML) has become aware that HT&E has acquired at least 11 million oOh!media shares as at the latest share register obtained by the Company for 6 April 2020, representing at least 1.8 per cent of the Company’s issued cap...
09 Apr 2020 - Centuria Property Funds No.2 as Responsible Entity for Centuria Industrial REIT (ASX:CIP) has launched a fully underwritten institutional placement to raise $130 million and a non-underwritten Unit Purchase Plan to raise approximatel...