Connect with us

Business

Saudis Stay Cautious on Oil Production, Despite Warnings

Published

on



Saudi Arabia’s energy minister Prince Abdulaziz bin Salman says the kingdom will remain cautious about raising oil production, even as several prominent analysts warn rising demand will soon cause prices to rise beyond $100 a barrel. Bloomberg’s Paul Wallace reports on what the remarks mean for oil prices.

Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness/
Instagram: https://www.instagram.com/quicktake/?hl=en

source

Continue Reading
10 Comments

10 Comments

  1. @susanpritchard

    January 31, 2024 at 5:28 pm

    🙏 Absolutely nice update… Its right to say last year turns out to be less productive in all aspects of the financial market….. All hope was not lost, as a trader most of us was able to be on track mostly when it comes to BITCOIN DAY TRADING by actively earning daily because of the accurate signals and guidance provided by Kenny Redding's…. Within duration of 6 weeks i was able to accumulate a total of 7.6btc having traded with my initial 0.8btc…

  2. @ahmedalsharman

    January 31, 2024 at 5:28 pm

    Lol 😅 Oil is crashing, why they need to increase supply !! They should cut instead.

  3. @Gww376

    January 31, 2024 at 5:28 pm

    Pour on drilling ,they will bend…scared

  4. @federalreservewolflegend3523

    January 31, 2024 at 5:28 pm

    Most intelligent people are aware Sauds are almost out of oil and are drinking the last of their oil wells atm.

  5. @lesliehatun2044

    January 31, 2024 at 5:28 pm

    Everyone wants 100 bucks per barrel WHICH is not conducive for INFLATION. War profiteering is off the charts.

  6. @MrRandyfive

    January 31, 2024 at 5:28 pm

    In Melbourne Australia… petrol just rose by 50 cents per litre over night…… And she’ll just made $40,000,000,000 in profits…… something going on.

  7. @allon33

    January 31, 2024 at 5:28 pm

    ha ha

  8. @leebruce9668

    January 31, 2024 at 5:28 pm

    What industry can you control production expect the oil industry. What a joke. If you did it in any other industry you would be fined throwned in jail.

  9. @jayjackson88

    January 31, 2024 at 5:28 pm

    $7 Trillion

  10. @donelpatterson9036

    January 31, 2024 at 5:28 pm

    $$$.. * FFIE.. Sun News Release.. Faraday Future. FF 91 SUV EV… Production Funding Secured.. The Ultimate Intelligence Tech Luxury SUV EV Arrives April 2023… A New Species of EV… $$$

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Is India Finally Reaching Its Economic Tipping Point?

Published

on



Blackstone COO Jon Gray says India’s young population, expanding middle class and improving infrastructure are drawing interest from global investors. But India’s demographic advantage also creates pressure: millions of young people graduate every year, while formal-sector job creation has not kept pace with their skills and expectations. At the same time, Indian states are competing aggressively for investment by cutting regulatory barriers, building industrial infrastructure and targeting sectors from electronics to semiconductors. The question is whether India can turn its scale, talent and investment momentum into enough productive jobs to sustain its growth. This version corrects a map of India.
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Business

AI Will Help Wealth Managers, Not Hurt Them, Schwab CEO Says

Published

on



Charles Schwab CEO Rick Wurster joins “Bloomberg Surveillance” to address the recent AI disruption among wealth management stocks.
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Business

Stocks Rally as Yields Fall After the Fed Rate Hike

Published

on



The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are UBS US Rates Strategy Head Phoebe White, Cboe Global Markets VP, Head of Derivatives Market Intelligence Mandy Xu, Musician & FYI.AI Founder & CEO will.i.am, BNY Investments Chief Economist Vincent Reinhart, Charles Schwab Chief Investment Strategist Liz Ann Sonders, California Attorney General Rob Bonta, Macerich President & CEO Jack Hsieh, LuxExperience CEO Michael Kliger, & Jeni’s Splendid Ice Creams Founder Jeni Britton.

Chapters:
00:00:00 Bloomberg The Close
00:02:38 Fed Policy, Inflation & the 10-Year Yield
00:06:20 Global Central Banks, Oil & Bond Market Risks
00:09:01 Market Volatility, Oil & Investor Hedging
00:12:01 Earnings Volatility, Tech & the AI Trade
00:16:20 Top Calls
00:17:45 will.i.am on Personal AI Agents & the Future of Work
00:21:06 Scaling AI Agents Across Colleges & Universities
00:23:33 Vincent Reinhart on the Bank of Japan & Global Rates
00:27:04 Central Bank Hikes, Treasury Yields & Kevin Warsh
00:29:27 Fed Tightening, Inflation & Risks to the Economy
00:32:12 Generac’s Amazon Deal & AI Data Center Power
00:36:31 Charles Schwab on Stocks, Bonds & a New Inflation Era
00:39:31 Rethinking the 60/40 Portfolio & Diversification
00:41:29 AI Productivity, Jobs & Inflation
00:43:12 Closing Bell
00:46:19 Market Movers: Intel, SpaceX & Generac
00:48:27 Paramount, Lennar & the Day’s Biggest Losers
00:52:54 Paramount-Warner Bros. Merger Faces Antitrust Fight
00:54:20 California AG Rob Bonta on Paramount & Warner Bros.
00:57:55 Jobs, Competition & the Paramount Merger
01:00:53 State vs. Federal Power in Antitrust Enforcement
01:03:43 Rob Bonta on AI Regulation & Social Media
01:06:08 Ticketmaster, Prediction Markets & State Regulation
01:08:50 Mail-In Voting & Election Law in California
01:10:44 Shopping Malls Rebound as Consumers Keep Spending
01:13:12 Dick’s House of Sport & the New Mall Experience
01:15:59 Higher Rates, Retail Real Estate & Holiday Shopping
01:17:55 LuxExperience CEO on the Resilient Luxury Consumer
01:20:31 Net-a-Porter & the Future of Luxury E-Commerce
01:23:45 U.S. Luxury Spending, Tariffs & Global Growth
01:26:25 Jeni Britton on Fiber Bars & Her Next Food Venture
01:29:06 Starbucks, Flora Bars & Retail Expansion
01:30:31 What to Watch
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Business

Buffett Son Takes Chair as Berkshire Transition Ends

Published

on



Warren Buffett has stepped down as Berkshire Hathaway chairman after more than six decades at the company, becoming chairman emeritus as his son Howard takes over the board and Greg Abel remains CEO. Bloomberg News Insurance Reporter Alex Rajbhandari explains that Howard Buffett, a Berkshire director since 1993, is tasked with safeguarding the company’s culture and values as the conglomerate completes its long-planned leadership transition.
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Business

Trump Warns Tariffs for Electronics, Chinese Stocks Lead Global Rally | Daybreak: Europe 04/14/2025

Published

on



Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.

On today’s show, markets reacted positively as President Trump announced exemptions on phones, computers and consumer electronics from his headline tariffs on China. But he warned the reprieve is only temporary. China’s exports surged ahead of US tariffs, with near-record shipments flowing to Southeast Asia in March. Europe’s luxury sector is set to face questions on the potential fallout from US tariffs with LVMH and Moncler reporting earnings this week.

Today’s guest: Charlotte Mueller, European Chief Economist at Swiss Re.

Chapters:
00:00:00 – Daybreak Europe
00:02:19 – Goldman Cuts Targets on China Stocks for Second Time This Month
00:03:21 – Asia Stocks Pare Gains
00:04:43 – Trump Warns Tariffs Coming for Electronics After Reprieve
00:08:51 – Xi Seeks to Win Over Southeast Asia as Trump Pauses Some Tariffs
00:10:55 – Dollar Drops to Fresh Lows for the Year as Tariff Saga Rolls On
00:17:42 – Euro Zone’s Weaker Inflation Outlook Bolsters ECB Case to Cut
00:20:17 – Ukraine Says Russian Missile Strike Kills Dozens in Sumy
00:23:31 – New Green Steel Projects Plummet Since 2023
00:27:40 – Dimon Sees ‘Stormy Seas’ Ahead
00:32:15 – European Luxury Brands to Report Earnings
00:37:29 – Traders Brace for New Week of Tariff Turmoil
00:38:51 – Charlotte Mueller, European Chief Economist at Swiss Re
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Trending

On this website we use first or third-party tools that store small files (cookie) on your device. Cookies are normally used to allow the site to run properly (technical cookies), to generate navigation usage reports (statistics cookies) and to suitable advertise our services/products (profiling cookies). We can directly use technical cookies, but you have the right to choose whether or not to enable statistical and profiling cookies. Enabling these cookies, you help us to offer you a better experience.