Standard Lithium, EnergyX, Exxon and Chevron are betting direct lithium extraction can turn the Smackover into a domestic supply hub and cut the U.S. reliance on China.
China’s central bank added to its gold reserves in October — extending a buying streak to two years — as the precious metal fell almost 7% to end the month below the $4,000-an-ounce support threshold.
During the summer, the U.S. and Iran agreed to an initial 14-point memorandum of understanding that, if finalized, could have brought a permanent end to the hostilities.
Prime Minister Mark Carney’s government plans to transition up to 200,000 temporary residents to permanent residency by the end of 2027, in addition to its annual immigration target.
Tesla CEO Elon Musk said in a post on X that the automaker will wind down the production of Cybertrucks in its Texas Gigafactory next year.
Iranian oil exports have dwindled to almost nothing under the US naval blockade, but the chance of an imminent deal between the two sides to end the war is low, according to FGE NexantECA.
Oil was on track for the biggest weekly loss since April after a volatile stretch of trading, as investors weighed prospects for an end to the months-long war in the Middle East.
Two days after voters overwhelmingly rejected data centers, the companies that make the chips, networking gear, and other tech for the facilities saw their stocks crushed.
A student made plans to end her life after chatting with Google’s artificial intelligence, a new lawsuit claims, amid mounting concerns about online harms to children.
Mark Cabana, co-head of global rates strategy at BofA Securities, explains what he sees markets getting wrong on pricing in interest-rate hikes from the Federal Reserve as he expects the Fed to potentially need to go beyond three hikes. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
"I'm not going to sign up to the two-and-done point," Bank of England Governor Andrew Bailey says when asked if a second interest-rate increase is on the cards following Thursday's decision to hike. "Absent a resolution of the conflict in the Middle East, and I think I put this in my commentary in the minutes, I could see the case for a further 25 [basis points]," Bailey says at a news conference in London. (Source: Bloomberg)
Now that absolute value is much harder to find in the AI trade, with bets having to be made on a longer-term, more speculative basis, it’s time to search for relative value within the sector, says one research service.
Wall Street trading desks are betting that the path of least resistance for stocks is up.
UBS has slashed about two hundred positions in London in recent weeks as the integration of Credit Suisse nears its end. The cuts were announced internally in recent weeks, according to people familiar with the matter. The reductions were carried out across the bank’s units, including wealth management and investment banking, they said. European stocks surpassed their prior closing record high as the region extended an outperformance driven by a rotation out of the artificial intelligence trade and a strong earnings season. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
A new Democratic majority in Congress could pressure the president to end the war in Iran. But it will be harder for them to directly affect fuel prices, which are tied to a complex international oil market.
Oil steadied after tumbling around 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the months-long Iran war.
Asian stocks were poised to follow Wall Street higher after a Democratic sweep in the US midterm elections sent oil plunging on hopes the monthslong conflict with Iran may end sooner.
Wall Street’s biggest trading desks are urging clients to increase their exposure to US stocks, betting that lackluster investor positioning leading up to the midterm elections has created room for a year-end rally.
Stocks surged, oil prices plunged and bond yields fell Wednesday on optimism around a quicker end to the Iran war now that Democrats have clinched control of Congress.
US stocks are primed for a year-end rebound as the midterm election removes a source of uncertainty, corporate earnings remain resilient and lackluster investor positioning leaves room for renewed buying, according to Citadel Securities’ Scott Rubner.
The additions in the third quarter keep the company roughly on track to meet its goal of 15 million subscribers by the end of next year, after a slower second quarter.
Denmark’s Pandora narrowed its guidance for the current year toward the upper end of the range, as it heads into the crucial festive shopping season.
Novo Nordisk A/S Chief Executive Officer Mike Doustdar discusses the possible launch of a new obesity drug called CagriSema. "We are hopeful that we will be able to get the timely approval from the FDA at the end of this year and launch it at the beginning of next year," Doustdar says. He speaks on Bloomberg Television after the company boosted its forecast for the year once again, sparking optimism after the new Wegovy pill and the older shot Ozempic helped buoy earnings. (Source: Bloomberg)
Falling below 7,500 would lead to a dramatic increase in selling pressure and volatility, a J.P. Morgan strategist says, and that could end in a full-blown correction
The consumer-goods group will outline plans at an investor event Wednesday to save 1 billion euros by the end of 2029 by recuperating some costs and overhauling operations.
US stocks may be poised for a year-end rebound as favorable seasonality and low hedge fund positioning set the stage for a potential rally after Tuesday’s midterm elections, according to UBS Securities.
Nate Silver tells us he is calling this midterms the “rock and a hard place election” — the background conditions are great for Democrats to win both the House and the Senate, but for that to come to pass, the party has to pull off some things that haven't happened in generations, like winning Texas. To believe that will happen requires a certain leap of faith, which is anathema to pollsters. Still, the polls generally believe Democrats are favored, but many professional pollsters would end up w
YPF Chairman and CEO Horacio Marin says the company is working with Eni and XRG and aims to sign an agreement by the end of November. Marin spoke to Bloomberg’s Abeer Abu Omar about the project and the need for more energy supply amid conflicts in the Middle East and the Russia-Ukraine war. (Source: Bloomberg)
Central banks bought gold at the fastest pace since the end of 2024 in the third quarter, even as the metal faced pressure from higher oil prices and interest rates.
The maker of cleaning products and other household goods said it now expects full-year adjusted earnings per share at the lower end of its guidance range of $5.70 to $6.
Anthropic just filed updated financial paperwork ahead of an IPO that could come by the end of this month.
Whether you’re looking to escape the cold or embrace the holiday season, travel expert Mark Ellwood joins TODAY to share all the best deals and getaway destinations, including Mystic, Connecticut, Cabo San Lucas, Mexico, Lutsen, Minnesota, and more.
Intesa Sanpaolo SpA plans to launch its €33 billion ($37 billion) takeover bid for rival Banca Monte dei Paschi di Siena SpA by the end of this month, according to people familiar with the matter.
Prices dropped as renewed diplomatic efforts to end the conflict between the U.S. and Iran eased concerns over Middle East oil supplies, reversing some of last week’s gains.
The airline says fuel prices may rise by €2bn in 2028 unless there is an end to the US-Israel war with Iran.
Goldman Sachs Group Inc. raised oil-price forecasts for the year-end and 2027 on elevated risks to supplies, joining other banks in hiking their outlooks after months of war in the Middle East.
Civilians in Ukraine's Kherson region are preparing for the end of a localized ceasefire
Macau’s gaming revenue declined for a fifth straight month in October, as weak spending by high-end players offset a surge in Golden Week visitors.
Secretary of State Marco Rubio defended the US decision to include Russia in this year’s Group of 20 meetings after criticism from the European Union and other allies, calling dialogue the only way to end the war in Ukraine.
“In the end, he left them a few sentimental mementos, some collectibles and old photographs.”
Russia’s government has extended a general ban on diesel exports by producers until the end of January while still allowing some volumes to flow to the global market.
Her plan to depart in February, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president.
Sanrio ends association with TV drama Vivant after China says portrayal of ruthless Chinese agents is ‘deliberate smear’ The company behind the successful Hello Kitty franchise has apologised and ended its commercial tie-up with a Japanese TV drama after Chinese state media and netizens condemned the show’s “deliberate smears” against China. Sanrio, a Japanese firm whose characters are popular around the world, said in a post on the Chinese social media site Weibo that it had decided to end its association with the TV drama Vivant after concluding that it “contained elements inconsistent with Sanrio’s core values”. Continue reading...
When partners consider finances, when is it ‘my’ money, and when it is ‘our’ money? Guardian readers shared their experiences Private lives: ‘I want to end my marriage but I’m financially dependent ’ A survey of about 1,000 Americans found that one in 10 would describe their partner as a financial bully. Our readers, however, insist that that might be a label easily assigned to a partner who is simply being financially responsible. When we put out a call to out readers last week to see if any of them had similar experiences, we found that many of you wouldn’t define the actions described as financial bullying. Instead, quite a number of you insisted that keeping track of your partner’s expenses was simply budgeting and being financially responsible. Continue reading...
