Bloomberg Daybreak

Traders are starting to ramp up wagers against the pound ahead of the new UK government’s first budget in a month’s time.

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Seema Shah, Principal Asset Management Chief Global Strategist; Robin Niblett, Chatham House Distinguished Fellow; Wes Streeting, UK Defence Secretary; Chris O'Shea, Centrica CEO (Source: Bloomberg)

The market is heading toward an inverted yield curve, typically a sign of looming recession.

Key economic reports due this week are expected to add further evidence that the US economy is strengthening, bolstering arguments from several Federal Reserve officials that interest rates should be higher.

Technology stocks are set to regain some of the momentum they’ve lost since the end of the first half as reduced crowding, strong earnings and more realistic valuations pull investors back toward them, according to JPMorgan Chase & Co. strategists.

Traders piled into leveraged bets on Temasek-backed PB Fintech Ltd. as the stock lost $3.3 billion in market value on Thursday after India’s insurance regulator proposed caps on commissions and management expenses.

London's Waterloo Bridge faces closure within three years without urgent repairs, deepening concerns over the UK capital's crumbling river crossings. Are London's bridges really falling down? Harry Black explains. (Source: Bloomberg)

The yen edged lower in New York trading after rallying earlier in the day following another warning from Japan’s currency czar about its weakness.

Seema Shah, chief global strategist at Principal Asset Management, discusses the impact of higher oil prices on inflation, Federal Reserve monetary policy and investment portfolios. "Assuming that oil prices remain at around $100 a barrel until the end of the year has to be part of the decision-making process when we're thinking about portfolios," Shah tells Bloomberg Television. (Source: Bloomberg)

Billionaire Mukesh Ambani’s Reliance Group is planning to raise as much as 100 billion rupees ($1 billion) through asset-backed securities, according to people familiar with the matter, in what may be one of the largest such deals in India this year.

Marina Zavolock, chief European equities strategist at Morgan Stanley, says the global bond selloff and resulting yield increases are not yet at troubling levels for European stocks, with earnings growth across the region running close to 20%. (Source: Bloomberg)

Imran Khan’s son says he’s losing hope of ever seeing his father again, more than three years after the former Pakistani prime minister was put behind bars, according to an interview with CBC News.

India’s monsoon-sown crops are likely to have been affected by rainfall deficits in some areas and excessive precipitation in others, Farm Secretary Atish Chandra said.

Qatar has extended force majeure on liquefied natural gas shipments to Asia and Europe by another month as disruptions continue to hamper energy flows through the critical Strait of Hormuz.

Sushiro is betting that the US appetite for raw fish is big enough to accommodate the casual, mass-market model that made the chain a giant in Japan. But headwinds abound, including a weak yen and increasing competition. Bloomberg TV's Shery Ahn has more. (Source: Bloomberg)

Bill McBride did not just predict the 2008 housing bubble, he helped invent financial blogging with his Calculated Risk newsletter. Zach Lasry, meanwhile, is much newer to the scene, but in his career as a real estate developer, he is already responsible for building one of LA's hottest new neighborhoods — Melrose Hill. We spoke to both of them at our live show at the Vermont Hollywood, for a wide-ranging panel discussion on LA real estate. We talk about the difficulty of sourcing construction c

Indonesia’s government has paid bondholders the 722 billion rupiah ($40 million) owed to them after state-owned builder PT Waskita Karya failed to settle it last week, marking the first payout under a pandemic-era guarantee program for securities issued by state companies.

Germany’s negative power prices are heading for their first annual decline in four years, as stronger electricity demand and changes to renewable-energy support curb periods of oversupply.

KKR & Co.-backed Advanta Enterprises Ltd. has begun investor meetings for a proposed initial public offering in India that could raise as much as $400 million, according to people familiar with the matter.