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Category: Economy

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Latest News (18153 articles)

Economy Bloomberg
153d ago
'Back to Starbucks' Turnaround Plan Is Working, CEO Niccol Says

Starbucks Corp. Chief Executive Officer Brian Niccol says the "Back to Starbucks" plan is working to drive sales and improve …

Starbucks' 'Back to Starbucks' turnaround plan is showing positive results, with a 1% sales increase … High (90%)
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Economy Bloomberg
153d ago
North Sea Oil Loadings to Hit 8-Year High as Global Glut Mounts

North Sea crude exports are set to climb to the highest level in more than eight years next month, adding …

North Sea oil loadings are expected to reach an 8-year high in November, contributing to … High (90%)
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Economy Bloomberg
153d ago
ServiceNow Lifts Outlook on AI

ServiceNow beat estimates and raised its outlook as automation helps trim costs and lift margins. ServiceNow CEO Bill McDermott joined …

ServiceNow has beaten estimates and raised its outlook due to automation helping trim costs and … High (90%)
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Economy Bloomberg
153d ago
NBA’s Spurs Look to Voters to Seal $311 Million Arena Subsidy

The San Antonio Spurs are off to a strong start this season with star player Victor Wembanyama. Now the team …

The San Antonio Spurs are seeking a $311 million arena subsidy from voters, hoping to … Medium (60%)
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Economy Bloomberg
153d ago
Nordea Drops Crypto Misgivings, Allows Bitcoin Fund Access

Nordea Bank Abp is giving up on its previous reluctance to embrace cryptocurrencies in a clear sign how the banking …

Nordea Bank Abp has lifted its restrictions on cryptocurrency investments, indicating a shift in the … High (90%)
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Economy Bloomberg
153d ago
Private Credit Enters the Equity Business as Borrowers Struggle

Private credit firms are in the business of lending, not owning. But as more borrowers start to struggle with their …

Private credit firms are shifting their focus from lending to owning equity in struggling borrowers … High (80%)
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Economy Bloomberg
153d ago
New York Solicits Developers, Host Communities for New Reactors

New York is moving forward with its plan to develop at least 1 gigawatt of nuclear power, issuing a pair …

New York is seeking developers and host communities for new nuclear reactors, aiming to develop … High (80%)
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Economy Bloomberg
153d ago
Alibrahim on Saudi Arabia's GDP Growth

Saudi Arabia’s Economy Minister Faisal Alibrahim told Bloomberg’s Joumanna Bercetche that the Kingdom expects total GDP growth of 4.8–5.1% in …

Saudi Arabia's Economy Minister expects GDP growth of 4.8-5.1% in 2025 and 6.5% in 2026, … High (90%)
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Economy Bloomberg
153d ago
Russian Fuel Exports Plunge Amid Refinery Outages, New Sanctions

Refined fuel exports from Russia have tumbled to war-time lows, as a combination of refinery outages and tightening Western sanctions …

Russian fuel exports have plummeted to war-time lows due to refinery outages and new sanctions, … High (90%)
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Economy Bloomberg
153d ago
Cleveland-Cliffs Names Posco as Mystery Firm Behind Partnership

Cleveland-Cliffs Inc. named South Korean steelmaker Posco Holdings Inc. as its new strategic partner, identifying the firm behind a deal …

Cleveland-Cliffs Inc. has revealed Posco Holdings Inc. as its strategic partner, confirming a deal announced … High (80%)
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Economy Bloomberg
153d ago
Convertible Bond Boom Delivers Hedge Fund LMR’s Traders 30% Gain

A team of traders specializing in convertible bonds at multistrategy hedge fund LMR Partners is on track for record yearly …

LMR Partners' traders specializing in convertible bonds are on track for a 30% gain this … High (90%)
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Economy Bloomberg
153d ago
Why Did the Fed Cut Rates Again?

Is the Fed’s inflation target still 2%? If so, the board has a funny way of showing it, Bloomberg Opinion …

The article questions the Federal Reserve's commitment to its 2% inflation target, suggesting that recent … High (80%)
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