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Skip to content Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg Customer SupportCustomer Support * BLOOMBERG Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world FOR CUSTOMERS * Bloomberg Anywhere Remote Login * Software Updates * Manage Products and Account Information SUPPORT Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 * COMPANY * About * Careers * Diversity and Inclusion * Tech At Bloomberg * Philanthropy * Sustainability * Bloomberg London * Bloomberg Beta * Gender-Equality Index COMMUNICATIONS * Press Announcements * Press Contacts FOLLOW * Facebook * Instagram * LinkedIn * Twitter * YouTube * PRODUCTS * Bloomberg Terminal * Data * Trading * Risk * Compliance * Indices INDUSTRY PRODUCTS * Bloomberg Law * Bloomberg Tax * Bloomberg Government * BloombergNEF * MEDIA * Bloomberg Markets * Bloomberg Technology * Bloomberg Pursuits * Bloomberg Politics * Bloomberg Opinion * Bloomberg Businessweek * Bloomberg Live Conferences * Bloomberg Radio * Bloomberg Television * News Bureaus MEDIA SERVICES * Bloomberg Media Distribution * Advertising * COMPANY * About * Careers * Diversity and Inclusion * Tech At Bloomberg * Philanthropy * Sustainability * Bloomberg London * Bloomberg Beta * Gender-Equality Index COMMUNICATIONS * Press Announcements * Press Contacts FOLLOW * Facebook * Instagram * LinkedIn * Twitter * YouTube * PRODUCTS * Bloomberg Terminal * Data * Trading * Risk * Compliance * Indices INDUSTRY PRODUCTS * Bloomberg Law * Bloomberg Tax * Bloomberg Government * Bloomberg Environment * BloombergNEF * MEDIA * Bloomberg Markets * Bloomberg Technology * Bloomberg Pursuits * Bloomberg Politics * Bloomberg Opinion * Bloomberg Businessweek * Bloomberg Live Conferences * Bloomberg Radio * Bloomberg Television * News Bureaus MEDIA SERVICES * Bloomberg Media Distribution * Advertising * BLOOMBERG Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world FOR CUSTOMERS * Bloomberg Anywhere Remote Login * Software Updates * Manage Contracts and Orders SUPPORT Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Sign InSubscribeSearch Live TVMarkets Chevron Down EconomicsIndustriesTechPoliticsBusinessweekOpinionMore Chevron Down Europe Edition Chevron Down Menu Subscribe Top Securities Chevron Down Top Securities Chevron Down S&P 500 5,180.74 Arrow Up +1.03% Nasdaq 16,349.25 Arrow Up +1.19% US 10 Yr 4.45 Arrow Up +0.28% FTSE 100 8,304.54 Arrow Up +1.11% Crude Oil 78.16 Arrow Down –0.41% Gold 2,322.60 Arrow Down –0.37% Euro 1.08 Arrow Up +0.09% Pound/Dollar 1.26 Arrow Down –0.07% BackForward Nathan Laine/Bloomberg Xi Says China Will ‘Never Forget’ the US Bombing of Its Embassy President Xi Jinping vows to "never forget" NATO’s deadly bombing of the Chinese embassy in Belgrade. Watch (2:11) Xi Urges Macron to Help China to Avoid ‘New Cold War’ A Stock Trader’s Guide to Xi’s Europe Visit Amid Trade Tensions China’s Billions Help Xi Make Useful Friends in Eastern Europe OpinionLionel Laurent After Macron and Xi's Honeymoon, the Cognac Hangover ISRAEL-HAMAS WAR How the War StartedBroader Middle East ViolenceHamas and Gaza Video Player is loading. Play Video Play Current Time 0:00 / Duration 0:00 Loaded: 0% Progress: 0% Stream Type LIVE Remaining Time -0:00 Playback Rate * 2x * 1.5x * 1.25x * 1x, selected * 0.75x * 0.5x 1x Captions * captions settings, opens captions settings dialog * captions off, selected Mute Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. 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Watch (2:55) Israel Military Sends Troops Into Rafah as Cease-fire Plan Backed by Hamas Falls Short LATEST All categories Chevron Down 25 min Uber and Instacart Team Up on Restaurant Deliveries, Challenging DoorDash 40 min Celsius Tumbles as Energy-Drink Maker’s Sales Miss 40 min Having Made Billions on Tequila, Patrón Creators Turn to Vodka 45 min Kenvue to Cut About 4% of Workforce as Services for J&J Expire 45 min Boom Times Are Over for Food Startups, But That’s a Good Thing 45 min NYC-Inspired Group Including Ken Griffin Seeks to Build Up Miami Video Player is loading. Play Video Play Current Time 0:00 / Duration 0:00 Loaded: 0% Progress: 0% Stream Type LIVE Remaining Time -0:00 Playback Rate * 2x * 1.5x * 1.25x * 1x, selected * 0.75x * 0.5x 1x Captions * captions settings, opens captions settings dialog * captions off, selected Mute Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. 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Copy Link Replay Putin Says Russia Is Open to Dialogue With the West Play Play 0:35 Watch: Putin Says Russia Is Open to Dialogue With the West Putin Sworn In for New Term Amid Growing Conflict With West Russians Are Coming to Terms With Putin’s War in Ukraine Exclusive EU Aims to Target 11 Russian Ships Involved in Sanctions-Busting BLOOMBERG OPINION Bloomberg Opinion Biden Needs to Stop Sending US Bombs to Israel As Israel’s largest military supplier, the US has the power to influence the war in the Gaza Strip. Time to use it. By Andreas Kluth, Columnist After Macron and Xi's Honeymoon, the Cognac Hangover By Lionel Laurent, Columnist Bank of England Should Tailgate the ECB, Not the Fed By Marcus Ashworth, Columnist To Stop Climate Change, Use the Power of Price The Editorial Board Video Player is loading. Play Video Play Current Time 0:00 / Duration 0:00 Loaded: 0% Progress: 0% Stream Type LIVE Remaining Time -0:00 Playback Rate * 2x * 1.5x * 1.25x * 1x, selected * 0.75x * 0.5x 1x Captions * captions settings, opens captions settings dialog * captions off, selected Mute Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque Font Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall Caps Reset restore all settings to the default valuesDone Close Modal Dialog End of dialog window. Copy Link Replay UBS Surges Most in a Year on Return to Profit Play Play 4:36 Watch: UBS Surges Most in a Year on Return to Profit UBS Returns to Profit as CEO Ermotti Affirms Buyback Plans UBS returns to profit after two loss-making quarters. UBSG Arrow Up +9.12% about 3 hours ago Bonuses Seen Soaring for Bond Desks, Traders in Early Prediction Video Player is loading. Play Video Play Current Time 0:00 / Duration 0:00 Loaded: 0% Progress: 0% Stream Type LIVE Remaining Time -0:00 Playback Rate * 2x * 1.5x * 1.25x * 1x, selected * 0.75x * 0.5x 1x Captions * captions settings, opens captions settings dialog * captions off, selected Mute Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. 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Copy Link Replay BP Profit Falls More Than Expected, Buybacks Maintained Play Play 0:59 Watch: BP Profit Falls More Than Expected, Buybacks Maintained Shell, BP Keep Pace of Stock Buybacks Steady After 2023 Retreat about 1 hour ago Aramco Keeps $31 Billion Payout Amid Saudi Budget Deficit Illustration: Joseph Gough The Big Take High-Tech Trading Firms Race to Grab Bond Market Turf After conquering stocks, electronic market makers are finally gaining ground in fixed income. Bank Bonus Rule Back in Play as Regulators Make Third Push JPMorgan Sees Gain of About $8 Billion From Visa Exchange Offer Get the Paris Edition newsletter What’s happening in France's finance industry, delivered weekly. Bloomberg may send me offers and promotions. Plus Signed UpPlus Sign UpPlus Sign Up By submitting my information, I agree to the Privacy Policy and Terms of Service. PULITZER FINALIST FOR INVESTIGATIVE REPORTING Read the Full Series How the US Drives Gun Exports and Fuels Violence Around the World No company has benefited more from the federal government’s push to boost overseas sales than Sig Sauer Inc. PULITZER FINALIST FOR EXPLANATORY REPORTING Read the Full Series Wall Street Is Turning Water into Wealth, Leaving Californians Out to Dry Banks, pension funds and insurers have been turning California’s scarce water into enormous profits, leaving people with less to drink Bloomberg News Now Listen to the latest news: Rafah Border Control, Disney Shares Slump, More Arrow Right 4:59 updated 11 min ago LATEST All categories Chevron Down 25 min Uber and Instacart Team Up on Restaurant Deliveries, Challenging DoorDash 40 min Celsius Tumbles as Energy-Drink Maker’s Sales Miss 40 min Having Made Billions on Tequila, Patrón Creators Turn to Vodka 45 min Kenvue to Cut About 4% of Workforce as Services for J&J Expire 45 min Boom Times Are Over for Food Startups, But That’s a Good Thing 45 min NYC-Inspired Group Including Ken Griffin Seeks to Build Up Miami Get the Paris Edition newsletter What’s happening in France's finance industry, delivered weekly. Bloomberg may send me offers and promotions. Plus Signed UpPlus Sign UpPlus Sign Up By submitting my information, I agree to the Privacy Policy and Terms of Service. Get the Brussels Edition newsletter A daily briefing on what matters most in the heart of the European Union. Bloomberg may send me offers and promotions. Plus Signed UpPlus Sign UpPlus Sign Up By submitting my information, I agree to the Privacy Policy and Terms of Service. Nintendo Teases Long-Awaited Switch Successor as Profit Slides Taylor Swift Draws Five Times as Many US Luxury Travelers as the Olympics Ferrari Drops on Underwhelming Earnings, Flat Deliveries BLOOMBERG BUSINESSWEEK Illustration: Sarah Mafféïs for Bloomberg Businessweek Boom Times Are Over for Food Startups, But That’s a Good Thing There is upside for upstarts even when all the venture capital and M&A dries up. By Deena Shanker MORE FROM THIS ISSUE: Intel Is Betting $28 Billion on Making Ohio a Global Chips CapitalWill GM Regret Kicking Apple CarPlay off the Dashboard?The State of Crypto Is Anything But Strong A New Kind of Power Company Will Put a Battery in Every Home Base Power, run by Michael Dell’s son, is seeking to capitalize on the fragility of Texas’ electrical grid. Chris Dixon’s Campaign to Overhaul Crypto’s Grifty Reputation Silicon Valley’s most powerful crypto investor on why the industry needs a new poster boy—who happens to be him. Bloomberg Technology: The Ones to Watch in Tech These are the startup founders, Big Tech managers, low-key investors—and even a bureaucrat—who could play a bigger role than you realize in shaping tech’s future. MARKETS ETFsCryptoDeals Celsius Tumbles as Energy-Drink Maker’s Sales Miss Kenvue to Cut About 4% of Workforce as Services for J&J Expire NYC-Inspired Group Including Ken Griffin Seeks to Build Up Miami Listen (56:43) Odd Lots: On the Road with Richmond Fed's Tom Barkin Newsletter: The Brink WeightWatchers Struggles to Adapt Amid GLP-1 Drug Boom BLOOMBERG ORIGINALS 7:27 How Gucci Went From High Fashion to Discount Rack 7:27 24:01 Why Netflix Is Betting Big on Latin America 24:01 24:01 GM Is Betting the Future Is Electric 24:01 10:29 Why the South China Sea Could Spark a War 10:29 TECHNOLOGY AICybersecurityScreentime Uber and Instacart Team Up on Restaurant Deliveries, Challenging DoorDash Binance Suggests Bribe Sought to Make Nigeria Problems ‘Go Away’ Revolut Launches UK Crypto Exchange as Digital Assets Recover Watch (22:31) When Jamie Dimon Speaks, the World Listens Newsletter: Tech Daily Big Tech Innovation Part of the Debate at Bloomberg Conference WEALTH The FTSE 100 Hits Yet Another New Record High NYC-Inspired Group Including Ken Griffin Seeks to Build Up Miami LMR Partners Adds US Oil Strategy in Commodities Push Richest NJ Neighborhood Fights Plan for Low-Cost Homes on Toxic Dump POLITICS US ElectionUKEuropeMiddle EastAsia Waldo Swiegers/Bloomberg Maersk Questions Rival’s Solvency in Battle Over South Africa’s Durban Container Port German AfD Lawmaker’s Offices Searched in China Spying Probe Rachel Reeves Says There Are No ‘No-Go Areas’ for Labour in UK Election Newsletter: Washington Edition Pritzker Not Worried About Repeat of 1968 at Democratic Convention Listen (16:19) Big Take DC: Warren Buffett’s City Could Sway Election EXPLAINERS Why German Far-Right AfD Party Has Run Into Trouble What India’s Addition to JPMorgan’s Bond Index Means: QuickTake What’s at Stake in Google Trial on Antitrust Charges How Serious Is Putin’s Threat to Use Nuclear Weapons? INDUSTRIES Real EstateEnergyHealth Celsius Tumbles as Energy-Drink Maker’s Sales Miss Kenvue to Cut About 4% of Workforce as Services for J&J Expire Parents Willing to Pay $800 for Mask Exemption in Covid-Era Poll Listen (49:33) The Deal Episode 10: Serena Williams Newsletter: Business of Space Boeing Starliner’s Shaky Future GREEN New EnergyGreener LivingESG Investing China’s Solar Panel Giants Say Prices Are Near the Bottom Vestas CEO Says $217 Billion Wind Industry Has Yet to Reach ‘Maturity’ Keppel Infrastructure Plans to Raise Up to $370 Million for Ventura Motors Acquisition Listen (35:50) Zero: The Bank Financing Africa’s Green Growth Watch (1:45) An Optimist's Guide to the Planet Trailer PURSUITS Having Made Billions on Tequila, Patrón Creators Turn to Vodka Miami Wins as McLaren Upsets Red Bull at Third F1 Grand Prix Sylvester Stallone to Auction $2.5 Million Patek Philippe in Sotheby’s Trove Budget-Friendly European Travel Tips That Don’t Sacrifice Luxury ECONOMICS Inflation & PricesIndicatorsCentral Banks Riksbank Suspense Mounts Over Possible Rate Cut: Decision Guide Taiwan Inflation Drops Below Key Threshold, Easing Rate Concerns ECB Can Cut Rates in June If Inflation Path Holds, De Cos Says Newsletter: Economics Daily Record Immigration Collides With Housing Crisis Listen (29:25) Bloomberg Surveillance: US and Euro Equities CITYLAB The Father of the 15-Minute City Doubles Down on His Vision Berlin Pioneers New Market for Urban Solar Power Going Deep on the Modern Art of the New York City Subway The Second Best Way to Get Safer Streets WORK + LIFE Work ShiftEqualityBusiness of Sports Trade Finance for Women Needs More Data, Less Red Tape, Says IFC South African Youth Despondency Is Rife Ahead of Vote, Survey Shows FDIC’s Workplace Probe Concludes With Call for Major Changes Watch (24:01) Michael Andretti Plans to Finally Conquer F1 Newsletter: Equality College Chaos and the History of Divestment Protests MARKETS MAGAZINE Hemis / Alamy UAE’s $35 Billion Egypt Deal Marks Gulf Powers’ Buying Spree Crown jewels including resorts and a gas station chain are up for grabs. Saudi Arabia mulls purchases. By Mirette Magdy and Michael Gunn MORE FROM THIS ISSUE: How to Get a Meeting With the UAE’s $1.5 Trillion ManA $150 Billion Fortune Bolsters Qatari Royals at Critical MomentSaudi Arabia Is Making a High-Risk $1 Trillion Bet on Tourism Surveying the World’s Path From Fossil Fuels to Clean Energy Energy executives warn that it will be a long and costly journey, while activists and analysts say there are significant rewards and little time to waste. What to See and Do in Doha, the New Art Boomtown in the Gulf Qatar’s capital is aiming to become a culture hub—and boost its global image—with a host of museums, big-name exhibitions and rich collections of contemporary and Islamic works. The Big Take How to Get a Meeting With the UAE’s $1.5 Trillion Man Abu Dhabi royal Sheikh Tahnoon controls a massive pile of private and state assets—and his gatekeepers can make or break a deal. STORIES FOR YOU 1:39 Israel Says a Cease-Fire Plan Backed by Hamas Falls Short 1:39 Xi Urges Macron to Help China to Avoid a ‘New Cold War’ Jack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’ EU Says Ready to Use All Trade Tools to Defend Against China HomeBTV+Market DataOpinionAudioOriginalsMagazineEvents News MarketsEconomicsTechnologyPoliticsGreenCryptoAI Work & Life WealthPursuitsBusinessweekCityLabEqualityPursuitsWork Shift Market Data StocksCommoditiesRates & BondsCurrenciesFuturesSectorsEconomic Calendar Explore NewslettersExplainersThe Big TakeGraphicsSubmit a TipAbout Us Terms of ServiceManage CookiesTrademarksPrivacy Policy CareersMade in NYCAdvertise Ad Choices Help©2024 Bloomberg L.P. All Rights Reserved.