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US Consumer Sentiment Slips to a Three-Month Low
The University of Michigan’s final March consumer sentiment index fell to 53.3 from a preliminary reading of 55.5, according to a report released Friday. The survey period includes responses from Feb. 17 to March 23, with about two-thirds of those collected after the Iran war began. Mike McKee repor...
Argentina Wins Reversal of US Decision in YPF Case on Appeal
Argentina scored a major victory as a US appeals court reversed a ruling ordering it to pay $16.1 billion over the seizure more than a decade ago of state-run oil company YPF SA.
How the Iran Conflict Impacts the Global Economy
Geopolitical risks are rising as the Iran conflict threatens global markets. Bloomberg economist Stuart Paul and Marko Papic of BCA join Bloomberg Open Interest to break down the scenarios, including "kinetic equilibrium" where tensions persist but oil keeps flowing. Meanwhile, higher energy prices...
Stocks slump 2 per cent, rupee breaches 94/$ as foreign investors rush out
India to Borrow 8.2 Trillion Rupees in First-Half of Next Fiscal
India will borrow 8.2 trillion rupees ($86.5 billion) in the first half of the financial year beginning April 1, around half of the amount scheduled for the full 12-month period, the government said in a statement Friday.
Angola to Use $500 Million of Eurobond Proceeds for Debt Buyback
Angola will use a fifth of the funds raised in a eurobond sale this week to buy back debt maturing in 2028, with the remainder to be allocated to government spending, Finance Minister Vera Daves de Sousa said.
The hidden educational cost of the oil crisis
For many students, faculty, the digital experience is a fragmented mess of lagging audio and dropped connections
US Consumer Sentiment Slips as Inflation Outlook Worsens
US consumer sentiment slid to a three-month low in March and year-ahead inflation expectations jumped as the war in the Middle East drives up gasoline prices.
Guggenheim CIO Says Oil Shock Can Drive 10% Selloff in US Stocks
US stocks could fall as much as 10% if oil prices remain elevated for several months, a scenario that risks derailing the retail-driven “buy-the-dip” dynamic that has supported markets in recent years, according to Guggenheim Partners Investment Management.
Eldorado Gold Plan to Buy Foran Opposed by Glass Lewis
A key proxy adviser firm recommended Eldorado Gold Corp. investors vote against its C$3.8 billion ($2.7 billion) bid for Foran Mining Corp., the latest roadblock after Eldorado’s third-largest shareholder called the takeover too expensive.
Cold War 2.0 trigger? US bristles as Russian tanker nears oil-starved Cuba
A Russian tanker carrying oil is heading towards Cuba, intensifying a geopolitical standoff with the US. This move challenges America's de facto oil blockade on the island, which is facing an energy crisis. The situation echoes the Cuban Missile Crisis, highlighting Cuba's enduring strategic importa...
UAE Port Ramps Up Hormuz-Dodging Oil Flows After Iranian Strikes
The United Arab Emirates has been ramping up oil exports from a vital port that lies outside the Strait of Hormuz, after some of the biggest crude loading infrastructure resumed operations following Iranian drone strikes earlier this month.
Private Investigators Who Removed Epstein Evidence From His Home Must Testify, Lawmakers Say
More than 100 pieces of potential evidence, including computers, were removed from Epstein’s home before the government searched it in 2005.
China Has an Export Problem Now
Exports to Iran and other countries in the MiddleEast are big business in China, Bloomberg Opinion columnist Shuli Ren explains. (Source: Bloomberg)
Piyush Goyal discusses next steps on deal with US trade rep Jamieson Greer: ‘Very productive discussion’
Indian commerce minister meets Greer on sidelines of WTO Ministerial Conference in Yaoundé, Cameroon
Stocks and bonds slump in tandem as Iran shock leaves investors ‘nowhere to hide’
Traditional 60-40 portfolio of global equities and fixed income on course for worst month since 2022
Despite excise curbs, Odisha to allow super premium liquor shops in malls, markets
Robert Pattinson on Team Jacob: Was the famous Twilight rivalry mostly a marketing strategy?
Trey Kaufman-Renn's controversial tip-in gives Boilermakers spot in Elite Eight, ends Texas' Cinderella story
Trey Kaufman-Renn's tip-in with 0.7 seconds left gave Purdue a 79-77 Sweet 16 win over Texas, though debate sparked over a potential foul on the play.
South Africa’s Key Water Supplier Seeks Better Treaty Terms
Lesotho is seeking to open talks with South Africa over royalties and compensation for a water-sharing deal that accounts for about 10% of its economy.