Yemen’s internationally-recognized government, backed by Saudi Arabia, claimed to have regained territory from the Houthis, as fighting in the region near the Bab el-Mandeb strait intensifies. The Yemeni armed forces said they took control of the Red Sea city of Mokha on Monday after battles with the Iran-backed Houthis, according to Saba, a Yemeni news agency.
Hundreds of French high schools are shut as teacher unions join a student-led protest movement demanding more money for education.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
Oil inventories in western countries have been exhausted as a result of the Iran war, the boss of the world’s largest independent oil trader said, warning that fuel markets are likely to remain tight going into winter.
Emera Inc. agreed to acquire Canadian Utilities Ltd. for about C$14 billion ($10 billion) in stock, creating a sprawling, Canadian-headquartered power and natural gas provider with customers from Florida to Alberta.
Oil flows from the Middle East are at about 80% of pre-conflict volumes, the chief executive officer of Shell Plc said, offering one of the most authoritative assessments yet of how the region’s exports are rebounding.
"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: Isik Guven Toktamis, JPMorgan EMEA Head of Private Equity Investment Banking; Sergio Marullo di Condojanni, Angelini Industries & Angelini Pharma CEO; Sadek Wahba, I Squared Capital Chairman & Managing Partner; Amber Venz Box, LTK President & Co-founder (Source: Bloomberg)
Norway’s $2.3 trillion sovereign wealth fund held on to shares in three Turkish companies this year even after regulators found in 2025 that the stocks had been manipulated.
Apollo Global Management is set to opt for aircraft financing rather than high yield bonds for a £3.5 billion debt package backing its acquisition of low-cost carrier EasyJet Plc.
US bond yields fell from their highest levels since 2002 as oil prices stabilized and Treasury Secretary Scott Bessent insisted the government’s debt load can be tamed.
Chilean forestry company Empresas CMPC SA has an unenviable choice to make — push ahead with a massive project in Brazil and risk its investment grade rating, or shelve it and get left behind by rivals.
The Zambian kwacha fell as much as 6% on Tuesday, its biggest daily drop in more than three years, as corporate demand for dollars weighed on this year’s top-performing African currency.
Segantii Capital Management’s founder Simon Sadler returned to a Hong Kong court this week, as the prosecution delivered its closing argument in a high-profile insider trading case that has gripped the city’s hedge fund community.
Bei Hu, Julia Fioretti, Katherine Doherty and Kiuyan Wong
India’s markets regulator called Jane Street Group LLC’s demand for additional documents a “dilatory” tactic, a day after the Wall Street trading giant pressed for more information about the origins of the investigation against it.
Credit traders are quoting Merlin Entertainments Ltd.’s private loans far above the distressed prices of the leisure-park operator’s existing securities, reflecting the value investors place on debt backed by prized UK assets like the London Eye.
Sushi restaurants are swapping soft music and carefully plated fish for the spectacle of breaking down 200-pound bluefin tuna in front of paying customers. Some are charging well into five figures to buy out the restaurant for the night. Sunny Kim reports. (Source: Bloomberg)
A US ban on diesel exports could result in higher prices in some parts of the country as well as causing issues with other nations that rely on American supplies, Chevron Corp. Chief Executive Officer Mike Wirth said on Tuesday.
The European Union will look to appoint a market operator to help the bloc procure energy as it struggles with a second price crisis in less than five years.
