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Japan Set to Secure More Oil Imports in May After April Slump
Japan’s May crude oil imports are expected to rebound to around 1.7 million barrels a day, roughly three-quarters of the level a year earlier, as refiners step up alternative procurement while the Strait of Hormuz remains largely closed.
How Delta Steered Around Airline Industry Chaos
The carrier has become the country’s most profitable by catering to affluent travelers, but it is facing stiffer competition from United.
The Average Guys Outsmarting Wall Street on Prediction Markets
How prediction-market ‘sharps’ have made millions wagering on everything from war to Rotten Tomatoes.
JPMorgan Says Stocks Buoyed by Prospect of Public, Private Spending
Karen Ward, JPMorgan Asset Management's EMEA chief market strategist, says that investors are looking beyond the current geopolitical uncertainty to the investment opportunities resulting from increased public and private spending. "The more chaotic the world becomes, the more that's creating spending," Ward tells Bloomberg Television. "I think that's really what markets are focused on. Whatever happens in the next month or two, there's a much bigger theme that's at play," she adds. (Source: Blo...
India, US Sign Critical Minerals Pact As Marco Rubio Wraps Up Delhi Visit
The landmark framework on rare earth supply chains caps a four-day trip by Secretary of State Marco Rubio that significantly deepened strategic ties between Washington and New Delhi.
Japan's $6 Lunch Is Under Threat
The “Indian curry” lunch is a Japanese staple — and a steal at only 1,000 yen ($6.40) or so. Bloomberg Opinion columnist Gearoid Reidy explains why the beloved meal may be under threat. (Source: Bloomberg)
Fact check: UK borrowing has fallen below 5% of GDP multiple times since 2019
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Palm Fruit Left to Rot as Indonesia Export Revamp Hits Farmers
Some palm oil refiners in Indonesia are avoiding buying fruit from small farmers, a sign of how the government’s commodity export overhaul risks squeezing grower incomes and crimping supplies of the crop.
Canadian billionaire Kevin O'Leary slams 4-day week idea
Canadian billionaire Kevin O'Leary has slammed the four-day workweek as 'the stupidest idea' he's encountered, despite acknowledging shifts in work post-pandemic. He argues that productivity, not fixed hours, matters, with 40% of his staff working remotely. O'Leary also advised young professionals to curb daily spending on coffee and sandwiches, urging them to save and invest instead for long-term wealth.
Next boss warns over ‘dramatic fall’ in UK entry-level jobs
Peer’s comments come as Milburn report is likely to find government has failed to tackle youth unemploymentBusiness live – latest updatesThe boss of Next has sounded the alarm about a “dramatic fall” in the number of entry-level jobs in the UK and its impact on youth unemployment, saying the retailer now receives twice as many applicants for each role than two years ago.Lord Wolfson said the clothing and homeware chain, where he has been chief executive since 2001, typically received 10 applicat...
Private Credit Losses May Hit Insurers More Than Banks, ECB Says
European insurers and pension funds would likely be hit harder than banks by fallout from losses in the private credit industry, the European Central Bank said after simulating a “severe” shock to the market.
Hong Kong-Listed Biotech Insilico Is Said to Explore UAE Listing
Hong Kong-listed biotech firm Insilico Medicine Cayman TopCo is considering a secondary listing in Abu Dhabi, people familiar with the matter said, in a deal that would make it the first company from outside the Gulf to list shares on a regional exchange.
Indonesia Probes Major Palm Oil Companies on Export Price Issues
Indonesia is probing some of the world’s biggest palm-oil companies for suspected export abuses, adding to the upheaval in the industry days after the government announced a plan to nationalize shipments of the crop.
Next boss warns of youth unemployment ‘crisis’ as shop vacancies drop
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Danish Central Bank Warns of Housing Risks as Price Gains Spread
A surge in Copenhagen home prices is spilling over to the rest of Denmark, posing growing risks to the country’s lenders, the central bank said.
Hedge Funds Backing Futu, Up Fintech Hit by China Crackdown
China’s crackdown on cross-border trading sent the shares of popular brokers Futu Holdings Ltd. and Up Fintech Holding Ltd. plummeting, threatening pain for hedge funds and other investors who back these firms.
SpaceX IPO Buzz Grows, But History Of Big Listings Warns Investors
SpaceX's debut is expected to be followed by OpenAI and Anthropic, tapping into demand for AI-related companies
Global Oil Price Rises After U.S. Strikes in Iran Cloud Peace Deal
Optimism for a resolution to the conflict and the reopening of the Strait of Hormuz was checked after the United States said it had carried out strikes on missile launch sites in Iran.
Vape shops but no jobs: one young man’s search for work in Grimsby
The Lincolnshire seaside town is often written off by YouTubers as a place defined by deprivation and decline. But for many young people it's a place they love and are proud to call home, even though high unemployment limits their opportunities. The Guardian follows 19-year old Cohen, who is desperate to find a permanent job while running a mascot hire company and chasing his dream of becoming a professional wrestlerThis video is part of a year-long project, Against the tide, from the Guardian’...
Muthoot Finance Eyes Overseas Borrowings in FY27
George Alexander Muthoot, Managing Director at Muthoot Finance, discussed the recent gold import hike in India and said he will look to raise funds via external commercial borrowings to diversify its funding base this fiscal year. He speaks exclusively with Paul Allen on Insight with Haslinda Amin. (Source: Bloomberg)