Turkey arrested the former chief of Takasbank and other financial executives as police expanded their investigation into the market manipulation scandal, according to state-run Anadolu Agency.
Proposition 42, bankrolled largely by Sergey Brin, bars new state taxes on stocks, business stakes and other assets. Critics say it could reach capital gains.
Secretary of State Marco Rubio touted a productive first day of US-mediated talks between Russia and Ukraine to end their war, now in its fifth year, saying that President Donald Trump’s administration and Europe have the same goals in mind. Bloomberg's Anthony Halpin has the details. (Source: Bloomberg)
Nvidia's stock fell again on Tuesday, bringing its total two-day losses to nearly $500 million as the company grapples with CEO Jensen Huang's affair with a suspected Chinese spy. Jo Lin Kent reports.
Brazil’s state-controlled oil producer earnings missed estimates in the third-quarter despite record oil and gas production and a favorable backdrop of high crude prices and strong refining margins.
State-backed iron ore buyer China Mineral Resources Group Co. has had a good year, securing deals with two of its biggest suppliers that establish its dominance of a market worth north of $100 billion.
Nvidia CEO Jensen Huang is facing an investigation by his company's board after his affair with an alleged Chinese spy. Meanwhile, President Trump defended Huang amid questions over how much the White House knew about the affair. Jo Ling Kent reports.
President Donald Trump and Secretary of State Marco Rubio defended Defense Secretary Pete Hegseth after Republican representative Thomas Massie introduced articles of impeachment over military operations in Iran. Hegseth has rejected calls to step down, characterizing the effort as politically motivated. (Source: Bloomberg)
China Water Environment Group, one of the nation’s largest sewage treatment firms, is seeking to restructure about $410 million of offshore loans, according to people familiar with the matter, adding to a growing number of Chinese state-backed firms facing debt challenges.
A surprise slowdown in the Philippine economy has triggered calls for the central bank to go easy on interest rate increases, and for President Ferdinand Marcos Jr. to do more to revive growth.
New York has long been the land of opportunity, but sluggish hiring and a graying workforce will “restrict employment growth” in the state.
US equity futures rise following the S&P 500’s worst week since April 2025, despite a sharp drop in Nvidia. The chip giant launches an investigation after CEO Jensen Huang admitted to an affair with an alleged Chinese spy. President Trump says it's "highly unlikely," while Secretary of State Marco Rubio plays down any progress in peace negotiations. Ella Gude of BNY joins "Bloomberg Brief" to discuss investors' caution after the latest AI rout. (Source: Bloomberg)
China’s state-led funds poured a record amount of money into the stock market last week, as authorities intensified efforts to stem a bruising selloff.
Transformers are critical to the power grid, but the rise of renewables and surging energy demand are pushing them to their limits. Could the solid-state transformer meet these new challenges? (Source: Bloomberg)
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by Fmr. Deputy Secretary of State & Fmr. US Special Representative for North Korea Stephen Biegun, SMBC Nikko Securities Chief Economist Joe Lavorgna, Author & Journalist Hannah Howard, North Carolina Rep Elect Paul Barringer, Virginia Rep Elect Shannon Taylor, Rising Communications President Leslie Shedd and Causeway Strategy Group Principal John McCarthy. (Source: Bloomberg)
Europe’s postwar welfare state was built for a younger, growing population. Today, aging communities are putting pensions, health care and public finances under mounting strain. As governments try to fund defense, infrastructure and education at the same time, the fight over who pays is spilling into politics and the streets. (Source: Bloomberg)
US, Ukrainian and Russian delegations are scheduled to meet in Abu Dhabi on November 10th and 11th, with Steve Witkoff and Jared Kushner expected to represent the US. Joining Bloomberg This Weekend former Deputy Secretary of State Stephen Biegun discusses how a Democratic-controlled Congress could bring greater scrutiny to President Donald Trump’s foreign policy as the US renews efforts to negotiate an end to Russia’s war in Ukraine. (Source: Bloomberg)
"This is where we started. It's where we are now, and it's where we will always be," Lynsi Snyder, president and owner of In-N-Out, said.
Oil prices have surged across the United States as a result of the ongoing war in Iran. This means higher costs for households in most states, but in Alaska, the state government is bringing in new revenue from its high oil production to offset those higher costs. Some of the revenue is then redistributed to Alaskans through the state’s unique sovereign wealth fund. While most Americans disapprove of the war in Iran, Alaska may emerge as a quiet winner from one of the conflict’s most painful economic side effects: higher oil prices. (Source: Bloomberg)
Turkish authorities arrested the former deputy chairman of the country’s markets regulator, state-run Anadolu Agency reported on Saturday, the latest executive to be caught up in a widening fund scandal.
Musk has big plans for Tesla and SpaceX in the Lone Star State, and now faces a blue wall of opposition.
Pacific Power is asking state regulators to approve a 57% rate increase that would boost the typical residential power bill by $120 a month.
Nebraska voters narrowly rejected to legalize mobile sports betting in the state.
‘Low-hire, low-fire’ labor market shows sluggish growth but few layoffs, with an interest rate hike expected in December The US added 165,000 jobs to the economy in October, a sign of resilience in the labor market amid ongoing war in the Middle East and inflation, according to new data released on Friday. Economists had said the labor market has been stuck in a “low-hire, low-fire” state, in which job growth is sluggish but layoffs also remain low, but October’s data surpassed economist expectations. The unemployment rate went down slightly to 4.1%, the Bureau of Labor Statistics (BLS) reported. Continue reading...
Danish state-backed pension fund ATP is weighing a sale of its stake in Spanish gas distributor Redexis SA, according to people familiar with the matter.
Voters and real estate leaders tell Fox News Digital why Florida's historic property tax relief makes the Sunshine State "unbeatable" while brushing off critics' warnings.
China’s state-run refiners are expected to reduce diesel exports this month because of tight inventories, although they could relax those curbs should domestic demand soften, according to Energy Aspects.
A vice chancellor, Travis Laster, sent his own ruling to the state Supreme Court. Boards shouldn’t read that as reassurance.
Fatma Betul Sayan Kaya, former deputy chairwoman of Turkish President Recep Tayyip Erdogan’s AK Party, was arrested as part of an investigation into alleged manipulation involving investment funds and stocks, according to state-run Anadolu Agency.
The death follows reports of infections in cattle on dozens of American farms across the country over the past month and a worrying outbreak in mink.
Man Group Plc’s shares fell after a judge ruled it could have to pay around $155 million for its role in “corruption on a breathtaking scale” that siphoned $1 billion from a Kuwaiti state-run pension fund over decades.
Codelco’s chairman plans to propose a restructuring of the Chilean state-owned copper giant that would go beyond corporate governance, as its new leadership seeks to restore confidence amid a production-reporting scandal.
The Lone Star State’s business-friendly playbook could be rewritten by the Democrats’ election sweep there.
Stand-up comedy is booming across China, trailing only cinema as the country's second-largest theater category, according to state media. Many credit American comic Des Bishop with sparking the trend over a decade ago after he moved to Beijing, learned Mandarin from scratch, and built a stand-up routine that helped lay the groundwork for today’s scene. Bloomberg’s Stephen Engle met with Bishop in Hong Kong to discuss the industry's evolution. (Source: Bloomberg)
All eyes will be on US permitting reform, but it’s perhaps at state level where the election results are most striking for energy.
Florida Governor Ron DeSantis said the blue wave that swept over just about every corner of the US on Election Day — except his state — was akin to a “meteor strike” for the Republican Party.
The Buckeye State has become the prototype for how the country will respond to the rapid buildout of AI.
Mapletree Investments Pte, a real estate firm owned by Singapore state investor Temasek Holdings Pte, has picked banks for an initial public offering of parts of the company in the city state that could raise at least S$1 billion ($780 million), according to people familiar with the matter.
China escalated its defense of the stock market, as state-backed funds answered the government’s rallying call by increasing purchases and more companies stepped up buyback plans.
A proposed constitutional amendment, if it passes, wouldn’t immediately lower income taxes—but would cap the state income tax at 3.5%.
Federal and state public officials shouldn’t be able to bet on decisions on which they have insider knowledge.
Persson’s agent says he rarely spends time in Los Angeles anymore. The listing lands just as Californians decide on a wealth tax that has already pushed Larry Page, Sergey Brin, and Travis Kalanick out of the state.
Governor Mikie Sherrill warned New Jersey port and terminal operators against accepting Russian diesel shipments authorized by the Trump administration, arguing that such imports would violate federal law and noting at least one tanker carrying the fuel may be headed for the state.
NextEra Energy Inc. offered Virginia additional customer and financial protections, the utility’s latest bid to convince the state to approve its $67 billion acquisition of Dominion Energy Inc.
Laura Belin is an openly liberal journalist in Iowa who has long been shut out by state Republican officials. Now she’s being bypassed by Democrats who favor friendly internet influencers.
State Bank of India reported better-than-expected profit in the fiscal second quarter, as the country’s biggest lender by assets saw strong credit growth.
The state-owned energy giant attributed the boost to higher crude volumes sold from maintaining consistent production, as well as higher prices of refined and chemical products.
Saudi Arabia’s state-owned oil company posted a 9 percent increase in third-quarter profit on Tuesday.
Turkish authorities arrested Borsa Istanbul Chief Executive Officer Korkmaz Ergun on bribery charges, state-run Anadolu Agency reported on Tuesday, part of a widening investigation into Turkey’s investment fund crisis.
The energy investment arm of Abu Dhabi’s state oil producer agreed to pay $1.45 billion for Shell Plc’s stakes in an Australian natural gas project, the latest in a series of deals as it seeks to expand around the world.
