TotalEnergies CEO said rising demand for oil will help to underpin prices, despite their slump this week on growing concerns about a global surplus. Patrick Pouyanne spoke with Bloomberg’s Francine Lacqua exclusively from the Conference de Paris. (Source: Bloomberg)
Once labeled “uninvestable,” China’s markets have rebounded this year. Stocks, onshore bonds, and the yuan are trending higher, signaling renewed investor confidence. Still, investors say a boost in economic growth is needed to keep up the momentum as the equity rally starts to lose steam and the pr…
MetaX Integrated Circuits surged as much as 755% in its Shanghai debut as investors bet on national champions that could emerge as viable local competitors to Nvidia. The company manufactures graphics processing units, a rapidly growing industry as more consumers and businesses adopt AI services. (S…
Zerlina Zeng, Head of East Asia Corporates and Asia Credit Strategy at CreditSights, sees limited systemic impact and spillover risk to high-grade China dollar bonds from distressed developer China Vanke's request to delay payment on a bond. She speaks with Paul Allen on "Insight with Haslinda Amin.…
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 Alger’s Ankur Crawford, ADP Research’s Nela Richardson, Goldman Sachs’ Lizzie Dove, J.P. Morgan Asset Management’s Chad Tredwa…
Matt Witheiler, Wellington Management Head of Late-Stage Growth, says he doesn’t expect a return to pre-2021 levels until another market bubble forms, which he believes is still a decade or more away. He tells Katie Greifeld and Romaine Bostick on “The Close” that IPO activity is seeing a steady, gr…
Medline Inc. raised about $6.26 billion in an upsized initial public offering, pricing its shares near the top of a marketed range, according to a person familiar with the matter.