Page 24 - Bloomberg

Traders guide on what to expect from Trump's Asia tour and meeting with Xi

A successful Trump-Xi meeting, as predicted by US president, will inject calm into markets and likely revive appetite for risk assets from Asian shares to regional currencies tied to China's economy

Trump's no. 1 Canadian enemy: Doug Ford embraces his role as antagonist

Ford said the ad will be paused from Monday to allow trade talks to resume but will still air over the weekend during the first two World Series games in Toronto

Bernanke, Yellen urge US Supreme Court to overturn Trump's tariffs

Economists say US trade deficits are normal and not the "unusual and extraordinary" threat cited by Trump for imposing emergency tariffs

The US Federal Reserve might be more dovish than Jerome Powell thinks

Granted, the Fed's monetary policy doesn't directly determine economic growth. It operates by influencing broader financial conditions, which have eased a lot in the past year

Trump plan seeks to open nearly all US coasts to offshore drilling

Environmentalists blasted the reported plan, saying it would put too many coastal communities and marine habitats at risk

Wall Street bank chiefs hold most power since the 2008 global crisis

With Citigroup CEO Fraser adding title of chair this week, it's first time during modern US financial landscape that CEOs of all biggest banks also sit atop their boards

Oil disruption widens as China halts some Russia buys after US sanctions

The majors have begun to assess the curbs, as well as similar moves by the EU, according to people with knowledge of the situation, asking not to be identified discussing sensitive issues

Six Wall Street bank chiefs hold most power since 2007 global crisis

With Citigroup Inc. Chief Executive Officer Jane Fraser adding the title of chair this week, it's the first time during the modern US financial landscape that the CEOs of all the biggest banks also si

US eyes land strikes next after Venezuela drug boat attacks, says Trump

Striking targets on land would be a major escalation in tensions with Venezuela. In September, Venezuelan President Nicolás Maduro ordered indefinite deployments of troops and assets across five state

UK car production down 27% as Jaguar Land Rover cyberattack disrupts output

JLR is slowly resuming operations after the cyberattack forced the UK's largest carmaker to stop making any vehicles for more than five weeks

How NBA players and NY mafia families allegedly ran a gambling scheme

Just days into the 2024-25 season, US pro basketball was shaken by news Thursday of wide-ranging federal indictments involving alleged illegal gambling

Trump seeks quick wins on trade, fentanyl and rare-earths in key Xi meeting

Trump has also floated an elusive agreement on nuclear weapons and expressed a desire to convince Xi to pressure Russian President Vladimir Putin to end his invasion of Ukraine

Google to supply AI chips to Anthropic in multibillion-dollar deal

The arrangement gives Anthropic vastly more computing capacity while cementing Google's position as both a major investor and key infrastructure provider in the race to power large AI models

Russia seeks ways to bypass US oil sanctions to protect state budget

Russia has a month to prepare before the restrictions take full effect and it'll use that time to adapt to the new situation, said Russian official

Binance co-founder Changpeng Zhao granted pardon by Trump administration

The move marks the latest act of clemency the White House has granted to a crypto entrepreneur, underscoring how the Trump administration has positioned itself as a friend of the industry

EU imposes new sanctions on Russian energy, joins US in pressure campaign

The EU will also tighten a transaction ban on two major Russian oil companies and sanction 117 additional so-called shadow fleet vessels

India's Russian oil imports may dry up as US sanctions hit Rosneft, Lukoil

Latest sanctions will mean that orders due to be placed over the coming week - for crude that will load in November and deliver in December - will now be overwhelmingly from other destinations

Carney unveils Canada's talent attraction plan amid US H-1B visa changes

The prime minister has previously said he wants to attract employees from the technology sector who might have otherwise gone to the US if not for President Donald Trump's new visa charges

Tesla profit tumbles 31% despite record sales of EVs as costs rise

Elon Musk highlighted Tesla's Q3 AI and robot projects and his trillion-dollar pay plan, but gave few details on reviving EV sales after a 40 per cent profit drop

University of Virginia signs deal with Trump admin, secures federal funding

As part of the accord, the university agreed to provide the government with data on its admissions and hiring processes, as well as campus programming, through 2028