Bloomberg Surveillance: Early Edition, live from London and New York. Francine Lacqua, Anna Edwards, Matt Miller, and Kailey Leinz deliver the latest news and analysis on the markets with leaders in global finance and economics. Takeshi Niinami, Suntory Holdings President, says a US recession is coming. Chris Turner, ING Global Head of Markets, says the […]
Broadcom agreed to buy cloud-computing company VMware for about $61 billion in one of the largest technology deals of all time, turning the chipmaker into a bigger force in software. Liana Baker reports on “Bloomberg Markets: The Close.”
To keep the momentum of government spending, the finance ministry has allowed all ministries to utilise the unspent portion of the funds released to them in a quarter in the subsequent quarter. The flexibility can be availed by the ministries and departments in the first quarter of a financial year after intimating the budget division […]
Matt Miller and Kriti Gupta highlight the market-moving news you need to know heading into the opening bell on Wall Street. Stocks continuing to rebound from the lowest levels in over a year as solid outlooks from retailers bolstered confidence in the economy despite supply-chain and inflationary pressures. CreditSight’s Winnie Cisar, Hightower’s Patrick Fruzzetti and […]
Secretary of State Antony Blinken said the US will seek to influence China’s behavior by shaping “the strategic environment around Beijing” in a speech that took direct aim at President Xi Jinping’s performance in leading the world’s second-biggest economy. He spoke at the Asia Society Policy Institute in Washington, D.C.
Britain’s competition watchdog has launched an investigation into whether Google has broken the law by restricting competition in the advertising technology market. The Competition and Markets Authority will assess whether the firm had distorted competition and made it more difficult for rival advertising services to compete. The regulator said its investigation into the Alphabet-owned search […]
More than eight million households will receive more than £1,000 in additional support to help with the cost-of-living crisis as part of a £15 billion package, Rishi Sunak has announced. The chancellor confirmed that every household in Britain would receive a £400 discount on their energy bills this October. He also announced that eight million […]
The number of foreign students is set to increase by almost 50 per cent in five years, the university admissions service predicts today. It says there is renewed interest in living in the UK, since Covid restrictions lifted, with the NHS and English language a particular draw. International students are stereotypically drawn to business and […]
LHV UK, a leading banking services provider to over 200 fintech and crypto companies has announced the opening of its second UK office in Leeds. The Company’s engineering and development teams, who will be tasked with building a proprietary online customer portal specifically tailored for the Company’s B2B fintech clients, will be based in the […]
The head of the World Bank has warned that Russia’s invasion of Ukraine could cause a global recession as the price of food, energy and fertiliser jump. David Malpass told a US business event on Wednesday that it is difficult to “see how we avoid a recession”. He also said a series of coronavirus lockdowns […]