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Keywords: Bloomberg
European borrowers unleashed a staggering 57.2 billion euros ($66.8 billion) in debt on Wednesday, shattering the region's single-day record for bond sales as issuers capitalized on ideal market conditions to lock in funding for the year ahead. At least 28 issuers sold bonds across 42 tranches on......
Gold and silver prices ended mixed on Friday after a strong start to the year, as traders braced for substantial selling pressure from the annual rebalancing of the Bloomberg Commodity Index set to begin next week. Gold settled at $4,332.88 per ounce, up 0.33 percent, while silver closed at $72.80, gaining......
American billionaire and former New York City mayor Michael Bloomberg has pledged a new $100 million investment through his philanthropic foundation to tackle methane emissions — a major contributor to global warming. Announced just days before the COP30 climate summit in Brazil, the initiative......
Fez, Morocco’s historic and cultural jewel, has been selected as one of 50 global finalists in Bloomberg Philanthropies’ 2025 Mayors Challenge. This prestigious competition recognizes cities with bold, innovative solutions to pressing urban challenges. Fez’s proposal, centered on waste......
Elon Musk is reportedly exploring the acquisition of TikTok's US operations, a move that underscores the escalating tensions between the United States and China, as well as the legal challenges faced by ByteDance, TikTok's parent company. Chinese officials are said to be contemplating a contingency......
In a striking return to the spotlight, Donald Trump has rejoined the Bloomberg Billionaires Index for the first time since August 6, buoyed by a significant surge in the stock of his media enterprise. As of Tuesday, Trump's net worth has soared to $6.5 billion, positioning him at 481st among......
In a world where technology continues to push the boundaries of what's possible, a remarkable advancement has emerged in the realm of artificial intelligence (AI). Researchers from the Mohamed bin Zayed University of Artificial Intelligence in Abu Dhabi have unveiled the successful development of......
Amid tightening Western sanctions in response to Russia's military actions in Ukraine, the country has sought alternative pathways to sustain its economic activities, particularly in oil exports and technology imports. In this challenging environment, an unexpected ally has emerged in the form of......
In the rapidly evolving world of electric vehicles (EVs), Xiaomi, the Chinese tech giant, is making waves with its audacious foray into the automotive industry. After successfully launching its first EV lineup, the SU7 series, the company is already setting its sights on an even more ambitious target:......