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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Sep 7th 2016, 6:01 pm, by Javier Blas (Bloomberg) — The largest oil traders are anticipating little relief to what has become the worst market slump in a generation. All but one of 15 senior oil traders and executives interviewed this week at the annual Asia-Pacific Petroleum Conference in

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Business Headlines

published Sep 7th 2016, 6:15 pm, by Bloomberg News (Bloomberg) — Apple Inc. badly needs another smash hit in China. The new iPhone may not be it. The world’s most valuable company is counting on the latest iteration of its flagship product to regain the top spot in the world’s

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Business Headlines

published Sep 6th 2016, 4:00 am, by Romy Varghese (Bloomberg) — Along with death and taxes, Californians have counted on another inevitability: once pension promises are made to public employees, they can’t be rolled back. That belief, which has guided officials as they deal with mounting bills to cash-strapped retirement

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Business Headlines

published Sep 6th 2016, 12:03 pm, by Anuchit Nguyen and Maria Levitov (Bloomberg) — Emerging-market stocks headed for their highest level since July 2015 and currencies strengthened as data showing slower-than-forecast growth in the U.S. services industry bolstered speculation that the Federal Reserve will move slowly in raising interest rates.

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Business Headlines

published Sep 6th 2016, 1:03 pm, by Lananh Nguyen (Bloomberg) — A gauge of the dollar dropped by the most in five weeks after a report showed America’s service industries expanded in August at the weakest pace in six years, damping the outlook for higher U.S. interest rates. The U.S.

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Business HeadlinesYour Money

published Sep 2nd 2016, 12:46 pm, by Conor Sen (Bloomberg View) — The stock market of the late 1990s is remembered mostly for high-flying dotcom equities that eventually crashed back to earth. Yet from a money flows standpoint, the bigger imbalance of that era was that large-cap stocks fetched very

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Business Headlines

published Sep 4th 2016, 4:00 pm, by Adam Minter (Bloomberg View) — For 30 years, the word “sweatshop” has conjured up a very specific image: low-wage Asian workers making branded clothes in crowded, unsafe factories for consumers overseas. The power of that image has launched human rights campaigns, altered how

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Business Headlines

published Sep 5th 2016, 6:01 pm, by Agnieszka de Sousa (Bloomberg) — It’s looking like another bad year for the biggest banks when it comes to commodities. Revenue from raw materials at Goldman Sachs Group Inc., JPMorgan Chase & Co. and 10 other top banks slid 25 percent in the

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Business Headlines

published Sep 4th 2016, 10:02 am, by Robert Hutton (Bloomberg) — Prime Minister Theresa May warned there were “difficult times ahead” for the U.K. economy in the wake of the country’s vote to leave the European Union. May was speaking as she traveled to the Group of 20 summit in

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Business Headlines

published Sep 3rd 2016, 4:00 am, by Share the View (Bloomberg View) — Vladimir Putin Doesn’t Get U.S. Politics Russia’s president professes ignorance about the 2016 race. Is he bluffing? Leonid Berdshidsky says his claim could be an old intelligence officer’s trick designed to distance himself from the DNC leaks

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