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TDR, I Squared Are Said to Select Banks for Aggreko’s US IPO

TDR Capital and I Squared Capital have picked banks to work on a US initial public offering for Aggreko Plc, one of the world’s biggest power generator rental firms, according to people familiar with the matter.

Cyclone triggers outages at major Australian LNG plants

Cyclone triggers outages at major Australian LNG plants: Chevron

Japan to boost coal-fired power as Iran war causes energy turmoil

TOKYO: Japan’s government plans to temporarily lift restrictions on coal-fired power plants as it seeks to ease an energy crunch caused by the Middle East war, an official said on Friday. Japanese media, including Jiji Press, had earlier reported the industry ministry was set to announce the p...

Japan to boost coal-fired power as Mideast war triggers energy turmoil: media

Japan to boost coal-fired power as Mideast war causes energy turmoil: media

Gold dips sharply, UAE shoppers advance purchases amid price window

Japan’s cherry blossom parties could wilt as inflation strains wallets

Japan’s cherry trees are in full bloom, heralding the arrival of spring and the beginning of hanami picnics filled with food, festivities and fun. But stubborn inflation, the economic fallout from the war in Iran and looming unsettled weather have muted excitement for this year’s gatherings – a time...

MSCI Deadline Tests Indonesia’s Resolve to Fix Opaque Ownership

A looming MSCI Inc. decision over Indonesia’s market status is highlighting the challenge regulators face to address opaque ownership structures and poor disclosures by the nation’s biggest companies.

Cryptocurrencies aiding Iran during war

London: Since the start of the Middle East conflict, Iran has witnessed massive cryptocurrency flows. Experts say they are being used to circumvent sanctions placed on Iran’s Revolutionary Guards as well as a financial safe haven by civilians hit by soaring inflation. AFP examines how exactly...

Miran Says Reducing Fed Balance Sheet Could Take Years

Federal Reserve Governor Stephen Miran says the Fed can shrink its balance sheet meaningfully from current levels but cautioned the process would likely take years and require several steps. He speaks during an event at the Economic Club of Miami. (Source: Bloomberg)

Oil drops as Trump pauses Iran strikes

Oil prices fell Friday after Donald Trump again pushed back a deadline for Iran to reopen the Strait of Hormuz, though most equities also dropped as traders shrugged at the news following a series of conflicting messaging from the White House. The US president had warned last Saturday he would oblit...

Chris Sununu says "we are disincentivizing" people from joining airline industry

President Trump is urging Republicans to move forward with a bill to end the partial government shutdown without support from Democrats to get airport security lines moving. Shawna Mizelle reports from George Bush Intercontinental Airport in Houston. Then, Chris Sununu, president and CEO of Airlines...

No shortage of oil and gas, won't impose curbs: Govt

The government has ruled out restrictions on petrol and diesel sales, assuring citizens of ample oil and gas availability and robust import arrangements. Despite global fuel use curbs and misinformation-driven queues, India's petroleum and LPG supply remains secure and under control, with reserves...

Trump Extends Energy-Attack Ceasefire, Market Volatility, Health Care Costs | The Close 3/26/2026

Bloomberg Television 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 Barclays head of US equity strategy & global equity linked strategies Venu Krishna, Goldman Sachs co-head health care business...

Fed's Cook Says Inflation More of a Risk Now Due to War

Federal Reserve Governor Lisa Cook says the Iran war has shifted the balance of risks for now, leaving inflation as a bigger concern for policymakers than employment. She speaks during an event in New Haven, Connecticut. (Source: Bloomberg)

Treasury to place Trump’s signature on paper currency to mark US 250th anniversary

Trump's signature will appear on U.S. dollar bills, the Treasury said, marking the first time in 165 years a president's name will appear on currency.

Fewer flights, no fare caps: Domestic airfares set to soar

Domestic air travel is poised for a significant price increase this summer, mirroring international flight costs. A 12% reduction in weekly domestic flights, coupled with the removal of fare caps and anticipated Aviation Turbine Fuel hikes, will drive up ticket prices. Only financially robust airlin...

Kentucky mother, daughter turn down $26 million offer for their land: "It's priceless"

A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.

Gold Lower on Mixed Signals Over Potential Iran Ceasefire

Gold fell after US President Donald Trump sent mixed signals on whether the US and Iran could reach a deal to halt the nearly month-long war, further roiling global markets. Bullion fell as much as 3.4% Thursday, but trimmed some losses after Trump said he is extending the pause of strikes on Iran’s...

Mortgage Rates Jump to 6.38% as War Rattles Housing Market

US mortgage rates jumped for a fourth straight week, reaching the highest point in six months and dampening prospects for the crucial spring season as the Iran war roils markets. The average rate for 30-year, fixed loans climbed to 6.38%, the highest since September 2025 and up from 6.22% last week,...

NY Comptroller Sees Finance as Big Contributor to City and State

New York State Comptroller Thomas DiNapoli discusses the Wall Street bonus pool for 2025, attributing the rise to a surge in trading revenue. He speaks with Katie Greifeld and Bailey Lipschultz on "Bloomberg The Close." (Source: Bloomberg)