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Russian stock market closes mixed

The yuan edged up 0.4 kopecks to 10.95 rubles

Fed’s Daly Says ‘Too Early to Tell’ on End of Rate-Cutting Cycle

Federal Reserve Bank of San Francisco President Mary Daly says it is too early to tell if the central bank is at the end of its rate-cutting cycle and explains what she is watching for on inflation expectations from consumers and producers. (Source: Bloomberg)

Serbia unhappy with MOL's proposal for NIS deal — minister

According to Dubravka Djedovic-Handanovic, the issue is the future operation of the Pancevo refinery, crude oil refining capacity, and the mechanisms that will guarantee compliance with the agreements

BMW profits slump after UK car finance scandal and Donald Trump tariffs impact sales

A major car brand has seen its profits take a hit as a result of the UK car finance scandal and rising US tariffs, which has impacted the sector.German carmaker BMW said increased customs costs, particularly in the US have reduced its profit margin by around 1.25 percentage points during the first quarter of the year.BMW also confirmed it had increased financial provisions linked to compensation for UK motor finance customers after the Financial Conduct Authority published its final redress sche...

Fed’s Daly Says Policy Division Is Less Important Than FOMC Action

Federal Reserve Bank of San Francisco President Mary Daly downplayed division in the central bank’s policy statement, pointing to the agreement by the Fed’s rate-setting committee to holding rates steady. Daly says it is too early to tell if the central bank is at the end of its rate-cutting cycle and explains what she is watching for on inflation expectations from consumers and producers. (Source: Bloomberg)

Russians’ demand for cash increased in March-April due to a number of factors — regulator

This could be due to adaptation to tax changes, as well as temporary internet disruptions and the population's desire to have a reserve of payment methods that are not dependent on the operation of digital infrastructure

Wall Street Poised for Bonus Increases in ‘Year of the Bank’

Wall Street bonuses are projected to jump for the third year in a row as market volatility fuels trading demand and dealmaking makes its long-awaited comeback. For investment bankers who advise corporate clients on deals, incentive pay is poised to be up 10% to 20% or more from a year earlier, according to Johnson Associates. Katherine Doherty has more. (Source: Bloomberg)

Bankers Eye Bigger Payouts

Wall Street is heading into another big bonus season. Johnson Associates says investment bankers and equity-capital-markets bankers could see payouts jump 20% or more, while traders are also set for meaningful gains. The reason: stronger dealmaking, volatile markets, and what one consultant calls “the year of the bank.” Chris Connors, the Managing Director of Johnson Associates, the company behind the Wall Street pay report, joined Bloomberg Open Interest with more details on the report. (Source...

Fact Check: Cost of Welsh 20mph policy estimated at £4.5 billion

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British Gas owner snaps up gas-fired power station for £370m in south Wales

The need for gas-fired power stations will increase despite the race to Net Zero, the boss of energy giant Centrica has said. Centrica, which owns British Gas, has paid £370m for the Severn gas turbine power station in Wales, which it said would help keep energy supplies “secure and affordable”. Chief executive Chris O’Shea told investors that natural gas-fired generation will “continue to play a critical role in maintaining system stability through the UK’s energy transition” by “ensuring secur...

Most Expensive Stocks: ये हैं देश के 5 सबसे महंगे शेयर, एक ने तो कर दिया था कमाल

Most Expensive Stocks

Major British sports brand confirms 24 store closures in latest blow to embattled high street

JD Sports Fashion has closed 24 stores across the UK over the past year as the retailer pushes ahead with plans to operate "fewer, bigger, better" locations.The sportswear giant said the closures formed part of a wider consolidation strategy focused on larger flagship-style stores rather than a reaction to financial difficulties.The company, which operates around 4,811 stores worldwide, reported annual pre-tax profits of £852million for the financial year ending January 2026.That marked a declin...

Mexico Plans $8 Billion in Gas Pipelines to Boost Power Sector

Mexico is planning to invest 140 billion pesos ($8.1 billion) in new gas pipelines over the next four years, the latest step in President Claudia Sheinbaum’s plan to boost the country’s power generation.

AI Rally Powers Wall Street Earnings | Open Interest 5/7/2026

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Wall Street eyes strong earnings and the tech rally, and Citi faces pressure as Jane Fraser sells her turnaround. Plus, Wall Street bonuses are set to jump, prosecutors allege an insider-trading ring reached the elite world of M&A law. We'll hear from Genco’s Eric Fabrikant on the strength he's seeing in dry bulk shipping, Bernstein’s Alex Chaloff weighs in on AI spending, and MNTN’s Mark Dougla...

Martin Lewis warns millions could have lost pensions worth £10,000 on average

Martin Lewis has urged anyone who has changed jobs or moved home to check whether they could be missing out on forgotten pension savings worth thousands of pounds. Speaking on this week’s The Martin Lewis Money Show Live on ITV, the MoneySavingExpert founder warned that more than £30billion in pension savings is believed to be lost across the UK, with the average missing pot worth just under £10,000.“There’s over £30billion, 30,000 million pounds of pensions, are thought to be lost. "An average...

5000% रिटर्न... अब कंपनी के आए धांसू नतीजे, फोकस में रखें स्टॉक

India’s tops global remittance charts with $137bn inflow from its 19m strong diaspora

India's global migration impact is soaring, with its diaspora of 19 million driving a record $137 billion in remittances for 2024. The nation also leads in student and skilled worker emigration, particularly in tech and healthcare. Key corridors include UAE, US, and Saudi Arabia, showcasing a dynamic shift in global labor.

As Hormuz chokes global oil markets, satellite images reveal vast oil spills

As Hormuz chokes global oil markets satellite images reveal vast oil spills

US investigating $2.6bn of suspicious oil trades

US investigating $2.6bn of suspicious oil trades

Major high street retailer with 300 stores could plunge into administration

Discount retailer Poundstretcher has its future hanging in the balance with a restructuring plan aiming to avoid administration and secure nearly 300 stores across the UK