Business News

US stocks dip following weak forecasts from chip…

US stocks are mostly lower as weak forecasts from chipmakers Nvidia and Applied Materials send technology companies lower

RBA's Lowe Sees Rates Steady `For a While Yet'

Aug.17 -- Australian central bank chief Philip Lowe said interest rates are likely to remain at a record low “for a while yet” while lamenting the local currency’s resilience. Bloomberg's Paul Allen reports on "Bloomberg Markets: Asia."

Greek bailout ends, but Europe's debt problems grind on

Greece's bailout program is coming to an end Monday after eight years of enforced austerity, but the milestone offers little assurance that the troubled euro currency union is leaving behind its problems.

Markets Right Now: Stocks open lower on Wall Street

Stocks are opening mostly lower on Wall Street, following a big gain the day before, after several companies issued weak earnings or forecasts.

AdChoices Icon

Trump Says U.S. Will Pay Nothing for Release of…

Aug.17 -- President Donald Trump continued his barrage against Turkey on Thursday evening with a tweet: "They are now holding our wonderful Christian Pastor, who I must now ask to represent our Country as a great patriot hostage. We will pay nothing for the release of an innocent man" Bloomberg's Rishaad Salamat and Dan Ten Kate report.

Getting personal: US, Turkish leaders feud over…

Feud over detained American pastor in Turkey overshadows deeper problems in U.S.-Turkish relationship, as well as fate of other detainees

Buying China Stocks at Current Levels, Saxo…

Aug.16 -- Adam Reynolds, chief executive officer of Asia Pacific at Saxo Capital Markets in Singapore, talks about the trade spat between the U.S. and China, and the implications for financial markets. He speaks with Rishaad Salamat on "Bloomberg Markets: Asia."

Survivor, shaken, describes plunge off bridge in…

One survivor of the Genoa bridge collapse was in his car as it plunged 45 meters (150 feet) to the ground along with falling sections of highway and concrete

Benjamin Smith is new CEO of Air France-KLM…

Unions at Air France-KLM are worries about cutbacks after the company appointed Benjamin Smith as the new CEO.

Australian Corporate Giants Try to Get Rich By…

Aug.16 -- Defying a global spike in acquisitions, some of Australia’s biggest and oldest companies are trying to shrink to greatness by spinning off assets. Bloomberg's Angus Whitley reports on "Bloomberg Daybreak: Australia."

Tesla shares drop 6 percent after reports of widening SEC probe and amid questions of CEO Musk's ability to run company

Tesla shares drop 6 percent after reports of widening SEC probe and amid questions of CEO Musk's ability to run company

AdChoices Icon

Trade Spat Creating Negativity for U.S. Growth…

Aug.16 -- Omair Sharif, an economist at Societe Generale in New York, talks about the spat between the U.S. and its trading partners, and the implications for the world's largest economy. He speaks with Ramy Inocencio and Paul Allen on "Bloomberg Daybreak: Australia."

The Latest: Tesla shares fall as Musk says stress…

Electric car maker Tesla's CEO Elon Musk tells New York Times that stress is taking a heavy toll, but he stands by his tweet on taking company private

El-Erian Sees Further U.S. Growth in Global…

Aug.16 -- Bloomberg Opinion columnist Mohamed El-Erian explains why the U.S. economy and markets can continue to gain strength in spite of weakness in global markets. He speaks on "Bloomberg Markets: The Open." His opinions are his own.

Global markets lose steam in European trading

World stock markets are lower in Europe as investors appear worried again about Turkey's financial trouble, after Asian stocks rose on news China is preparing to resume trade discussions with the U.S.

U.S. Housing Starts Get a Boost From…

Aug.16 -- Bloomberg Businessweek's Peter Coy and Thomas Digenan, head of U.S. intrinsic value equity at UBS Asset Management, examine U.S. housing starts for July. They speak on "Bloomberg Daybreak: Americas."

Merkel, Putin share a headache: Donald Trump

German Chancellor Angela Merkel and Russia's President Vladimir Putin will have plenty to talk about when they meet Saturday _ thanks in no small part to U.S. President Donald Trump

AdChoices Icon

Japan Post Trade Deficit Amid Higher Oil Prices

Aug.15 -- Higher oil prices pushed up the value of Japanese imports in July, sending the trade balance into deficit even as exports rose for a 20th straight month. Bloomberg's Gearoid Reidy reports on "Bloomberg Daybreak: Asia."

More than 1,000 Google workers protest censored…

Some Google employees are upset with the company's secretive plan to build a search engine that would comply with Chinese censorship, and a letter sent to management calls on executives to conduct a review of ethics and transparency at the company