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Mastodon Skip to content Skip to content Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg Customer SupportCustomer Support Think Bigger:See how we drive impact, create opportunities and power decisions Europe Edition * UK * Europe * US * Asia * Middle East * Africa * 日本 Sign In Subscribe * Live Now * * Markets Markets * Deals * Odd Lots * The FIX | Fixed Income * ETFs * FX * Factor Investing * Alternative Investing * Economic Calendar * Markets Magazine MARKETS JPMorgan Has Made Deep Cuts to Metals Business After Nickel Crisis MARKETS Euro Extends Advance vs Dollar, Reaching Highest Level in a Year MARKET DATA * Stocks * Commodities * Rates & Bonds * Currencies * Futures * Sectors View More Markets * Economics Economics * Indicators * Central Banks * Jobs * Trade * Tax & Spend * Inflation & Prices CENTRAL BANKS ECB’s Nagel Says There’s Further to Go on Interest-Rate Hikes ECONOMICS US Jobless Claims Increase to 239,000, Led by Jump in California ECONOMICS South Africa Faces Social Unrest Risk on Lingering Power Crisis View More Economics * Industries Industries * Consumer * Energy * Entertainment * Finance * Health * Legal * Real Estate * Telecom * Transportation TECHNOLOGY Amazon Joins Generative AI Race, Targets Tech at Cloud Customers TECHNOLOGY Xi Pivot Fails to Stop Exodus by Biggest Investors in China Tech FEATURED * Business of Sports View More Industries * Technology Technology * Code Wars * Checkout * Prognosis TECHNOLOGY Amazon Joins Generative AI Race, Targets Tech at Cloud Customers TECHNOLOGY Twitch’s New CEO Defends Job Cuts, Plans to Meet With Creators TECHNOLOGY Xi Pivot Fails to Stop Exodus by Biggest Investors in China Tech View More Technology * Politics Politics * US * UK * Americas * Europe * Asia * Middle East POLITICS India Court to Pass Order in Rahul Gandhi Defamation Appeal on April 20 POLITICS China Sanctions US Lawmaker Michael McCaul After Taiwan Visit FEATURED * Next China View More Politics * Wealth Wealth * Investing * Living * Opinion & Advice * Savings & Retirement * Taxes * Reinvention WEALTH HSBC Plans to Add 30 Private Bankers in Fresh India Wealth Push WEALTH Manhattan Rents Reach Record High With Busy Season Yet to Come FEATURED * How to Invest View More Wealth * Pursuits Pursuits * Travel * Autos * Homes * Living * Culture * Style TRAVEL There’s No Such Thing as Low Season in the Caribbean Anymore FOOD & DRINKS The Best Bars in Edinburgh for Beer, Wine and (of Course) Whisky FEATURED * Screentime * New York Property Prices * Where to Go in 2022 View More Pursuits * Opinion Opinion * Business * Finance * Economics * Markets * Politics & Policy * Technology & Ideas * Editorials * Letters FAYE FLAM Political Polarization Fuels Medical Misinformation THE EDITORS Red-Flag Laws Offer Hope Against Mass Shootings JONATHAN BERNSTEIN Why Isn’t Trump’s Polling Lead Discouraging GOP Challengers? View More Opinion * Businessweek Businessweek * The Bloomberg 50 * Best B-Schools * Small Business Survival Guide * 50 Companies to Watch * Good Business * Subscribe to the Magazine FEATURE A Smart Gun Is Finally Here, But Does Anyone Want It? FEATURE Inside the IRS’s Shrinking Band of Wealth Hunters BUSINESS The Business of … Death View More Businessweek * Equality Equality * Corporate Leadership * Capital * Society * Solutions EQUALITY Why You’ve Never Heard of the Company Behind the Abortion Pill EQUALITY Appeals Court Allows Limited Access to Abortion Pill FEATURED * In Trust Podcast View More Equality * Green Green * New Energy * ESG Investing * Weather & Science * Electric Vehicles * Climate Politics * Greener Living * Cleaner Tech ESG LGIM to Vote Against JPMorgan, Citi Bosses on Fossil-Fuel Loans HYPERDRIVE The Race to Clean Up Trucking Emissions Is Just Getting Started FEATURED * Data Dash * Hyperdrive View More Green * CityLab CityLab * Design * Culture * Transportation * Economy * Environment * Housing * Justice * Government * Technology CITYLAB Adani's Next Big Test Is Pulling Off a $3 Billion Slum Revamp CITYLAB Lifelong Rodent Hater Will Earn $155,000 a Year as NYC’s Rat Czar ECONOMY Community Health Services Face Strain as US Covid Emergency Ends View More CityLab * Crypto Crypto * Decentralized Finance * NFTs * Regulation * Technology CRYPTO France’s ‘Startup Nation’ Becomes a Haven for Crypto CRYPTO Crypto’s Ethereum Blockchain Completes its Key Shanghai Software Upgrade CRYPTO Ether Staking-App Tokens Tank as ‘Shanghai’ Network Upgrade Nears View More Crypto * More -------------------------------------------------------------------------------- S&P 500 4,091.95 -0.41% Nasdaq 11,929.34 -0.85% Crude Oil 82.87 -0.47% US 10 Yr 3.39 +0.03% Euro 1.10 +0.48% Dow Jones 33,646.50 -0.11% Russell 2000 1,773.70 -0.72% Gold 2,058.30 +1.65% Silver 25.75 +0.98% Nikkei 225 28,156.97 +0.26% Hang Seng 20,344.48 +0.17% FTSE 100 7,846.87 +0.28% DAX 15,722.11 +0.12% Pound/Dollar 1.25 +0.30% Dollar/Yen 132.53 -0.45% Bitcoin 30,332.71 +1.22% Ethereum 2,003.51 +4.97% BackForward LATEST Business Rangers Great Lundqvist Talks About Life Post-NHL as a Broadcaster Scarlet Fu and Kim Bhasin updated 11m ago Business European Space Agency's Mission to Jupiter's Moons Postponed Due to Bad Weather THE PRESS ASSOCIATION (Nilima Marshall, PA Science Reporter) 19m ago Markets Credit Card Processor Network International Attracts Private Equity Interest Dinesh Nair, Jan-Henrik Förster and Archana Narayanan updated 23m ago Markets JPMorgan Has Made Deep Cuts to Metals Business After Nickel Crisis Alfred Cang, Jack Farchy and Eddie Spence 30m ago Markets Euro Extends Advance vs Dollar, Reaching Highest Level in a Year Anya Andrianova updated 31m ago MOST READ Unable to load stories at this time. Retry feature The Big Take US-Saudi Oil Pact Breaking Down as Russia Grabs Upper Hand updated 39 minutes ago Oil at Sea Surges in Fresh Sign of Russian Flows Going Farther Ukraine Latest: Russia Says It Won’t Swap Reporter Before Trial Norway Expels 15 Russian Diplomats Suspected of Intel Work Business AIRBUS REGAINS €100 BILLION MARKET VALUE LAST SEEN BEFORE COVID A rapid rebound in air travel is boosting the planemaker’s order book. Politics FRENCH PENSION PROTESTERS BRIEFLY STORM LVMH BUILDING IN PARIS Opponents of pension reform plan are increasingly targeting symbols of capitalism and business. updated an hour ago Markets DENMARK JOINS NORDIC PEERS IN HOUSING PRICE REBOUND Nordic markets have had some of the steepest slumps in Europe. Politics BIDEN’S INVESTMENT PROMISE NOT ENOUGH TO END NORTHERN IRELAND IMPASSE He dangled the carrot of major investments if the power-sharing government is restored. Video Player is loading. Play Video Pause Unmute Current Time 0:00 / Duration 0:00 Loaded: 0% 0:00 Progress: 0% Stream Type LIVE Remaining Time -0:00 Playback Rate 1x Chapters * Chapters Captions * captions settings, opens captions settings dialog * captions off, selected Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque Font Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall Caps Reset restore all settings to the default valuesDone Close Modal Dialog End of dialog window. Play Again Live Live on Bloomberg TV Bloomberg Surveillance Politics MELONI TOPPLES TITANS OF ITALY ECONOMY IN LEADERSHIP REVAMP City of London PARIS IS PROVING HARD TO RESIST FOR BIG BANKS OPINION Andreas Kluth UKRAINE’S SPRING OFFENSIVE JUST GOT HARDER The bad news is that US spies doubt Kyiv’s military, and the Western alliance is fractious. The good news is that Ukrainians have the stomach to fight. Matthew Brooker BIDEN'S IRISH CELEBRATION HAS AN UNSUNG HERO The enduring success of the Good Friday Agreement shows the benefits of not getting hung up on the details. Adrian Wooldridge AN EPIC OF POLITICAL INCOMPETENCE — AND REDEMPTION? Tim Bale’s new book documents the damage that Brexit has inflicted on the Conservative Party. Marcus Ashworth CENTRAL BANK HAWKS HAD BETTER HOPE THE IMF IS WRONG ABOUT RATES If policymakers are bounced into reversing recent rate increases, their already battered credibility will suffer. Andrea Felsted NEW CONSUMER CEOS ARE ABOUT TO CLEAN UP The sector is undergoing its biggest leadership shakeup in decades. Newcomers must turn around their corporate homes or keep them steady. Lionel Laurent ON THE US AND CHINA, MACRON SAYS THE QUIET PART OUT LOUD Complaints about Europe’s status as “vassal” of the US should register in Washington. More from Opinion OPINION Andreas Kluth UKRAINE’S SPRING OFFENSIVE JUST GOT HARDER The bad news is that US spies doubt Kyiv’s military, and the Western alliance is fractious. The good news is that Ukrainians have the stomach to fight. Matthew Brooker BIDEN'S IRISH CELEBRATION HAS AN UNSUNG HERO The enduring success of the Good Friday Agreement shows the benefits of not getting hung up on the details. Adrian Wooldridge AN EPIC OF POLITICAL INCOMPETENCE — AND REDEMPTION? Tim Bale’s new book documents the damage that Brexit has inflicted on the Conservative Party. Marcus Ashworth CENTRAL BANK HAWKS HAD BETTER HOPE THE IMF IS WRONG ABOUT RATES If policymakers are bounced into reversing recent rate increases, their already battered credibility will suffer. Andrea Felsted NEW CONSUMER CEOS ARE ABOUT TO CLEAN UP The sector is undergoing its biggest leadership shakeup in decades. Newcomers must turn around their corporate homes or keep them steady. Lionel Laurent ON THE US AND CHINA, MACRON SAYS THE QUIET PART OUT LOUD Complaints about Europe’s status as “vassal” of the US should register in Washington. More from Opinion Corporate distress, bankruptcies and turnaround stories Get The Brink newsletter, delivered Tuesdays and Fridays Sign Up Bloomberg may send me offers and promotions. By submitting my information, I agree to the Privacy Policy and Terms of Service Business BERLUSCONI’S HEALTH IS IMPROVING, STILL IN INTENSIVE CARE, DOCTORS SAY updated 3 hours ago Politics PUTIN APPROVED ARREST OF US REPORTER ON SPYING CHARGES Travel THERE’S NO SUCH THING AS LOW SEASON IN THE CARIBBEAN ANYMORE WAR IN UKRAINE Politics THIS WAS A GOOD WEEK FOR CHINA AND XI JINPING 3 hours ago Politics A G-20 FINANCE MEETING COMMUNIQUE IS UNLIKELY AGAIN AMID RUSSIA’S WAR Economics BLAMED FOR PUTINFLATION ABROAD, RUSSIA NOW SEES PRICES COOL Business UK SANCTIONS ABRAMOVICH, USMANOV ADVISERS OVER WEALTH SHIELDING More coverage STORIES FOR YOU WORK SHIFT City of London EY UK READIES COST CUTS AFTER PROJECT EVEREST FAILURE, FT SAYS Work Shift EY’S FAILED SPLIT HIGHLIGHTS CHALLENGES OF PARTNERSHIP MODEL Future You THE TOP 25 ENTRY-LEVEL JOBS FOR COLLEGE GRADS IN 2023 Work in Progress WORK SHIFT: WILL A FOUR-DAY WORKWEEK CATCH ON IN THE US? More from Work Shift CRYPTO QuickTake EVERYTHING YOU NEED TO KNOW ABOUT ETHEREUM’S ‘SHANGHAI’ UPGRADE Crypto CRYPTO’S ETHEREUM BLOCKCHAIN COMPLETES ITS KEY SHANGHAI SOFTWARE UPGRADE updated 25 minutes ago Technology SOFTBANK MOVES TO SLASH ALIBABA STAKE, FUELING $13 BILLION SLUMP Technology T. ROWE TO TEST AVALANCHE BLOCKCHAIN IN RENEWED PUSH ON WALL STREET More from Crypto EQUALITY Equality WHY YOU’VE NEVER HEARD OF THE COMPANY BEHIND THE ABORTION PILL an hour ago Politics CALIFORNIA’S FEINSTEIN FACES CALLS TO RESIGN BY FELLOW DEMOCRATS Equality JPMORGAN COMPLIANCE URGED BANK TO DROP EPSTEIN, REVISED USVI SUIT SHOWS Health WHAT YOU NEED TO KNOW ABOUT XYLAZINE, THE TRANQUILIZER BEING MIXED WITH FENTANYL More from Equality Business as you've never seen. UP NEXT * On Now Accelerate * 10:00 AM Africa+ * 11:00 AM Business Of Sports * 12:00 PM Storylines Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration 0:00 Loaded: 0% Progress: 0% Stream Type LIVE Remaining Time -0:00 Playback Rate 1x Chapters * Chapters Captions * captions settings, opens captions settings dialog * captions off, selected Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque Font Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall Caps Reset restore all settings to the default valuesDone Close Modal Dialog End of dialog window. Play Again LIVE NOW ACCELERATE Working with Hyperdrive to take the future of transportation for a test drive Start Watching And streaming on your TV: * * * * * * * The Gambler Who Beat Roulette Can We Really Rewild the Planet? | The Future With Hannah Fry Episode 6 Europe’s Health Systems Are Failing Their Patients Australia’s Green Energy Revolution BLOOMBERG WEALTH Wealth HSBC PLANS TO ADD 30 PRIVATE BANKERS IN FRESH INDIA WEALTH PUSH updated 3 hours ago Wealth MANHATTAN RENTS REACH RECORD HIGH WITH BUSY SEASON YET TO COME Wealth BILLIONAIRE BROTHERS FACE OFF IN SPLIT OF EUROPEAN DYNASTY Wealth US CREDIT AND DEBIT CARD SPENDING SLOWS TO WEAKEST PACE IN TWO YEARS, BOFA SAYS More on Wealth CITYLAB Citylab ADANI'S NEXT BIG TEST IS PULLING OFF A $3 BILLION SLUM REVAMP CityLab LIFELONG RODENT HATER WILL EARN $155,000 A YEAR AS NYC’S RAT CZAR Economy COMMUNITY HEALTH SERVICES FACE STRAIN AS US COVID EMERGENCY ENDS Transportation TRACKING THE NEW YORK CITY POLICE WHO PARK ON THE SIDEWALK ESG & Investing BLOOMBERG GREEN ESG LGIM to Vote Against JPMorgan, Citi Bosses on Fossil-Fuel Loans The asset manager is the latest to pile pressure on banks over their exposure to oil, gas and coal. updated 2 hours ago Hyperdrive THE RACE TO CLEAN UP TRUCKING EMISSIONS IS JUST GETTING STARTED updated 2 hours ago Sparklines SOLAR, WIND AND BATTERY PROJECTS THRONG US GRID CONNECTION QUEUE updated 3 hours ago Green NEDBANK SEES 10 BILLION RAND PIPELINE OF GREEN ENERGY PROJECTS updated 4 hours ago Cleaner Tech THE NEXT EV PUSH IS AN OVERHAUL OF THE ICONIC AMERICAN SCHOOL BUS More from Green November 8, 2022 March 29, 2022 October 29, 2021 April 19, 2021 December 15, 2020 September 14, 2020 June 9, 2020 Terms of Service Manage Cookies Trademarks Privacy Policy ©2023 Bloomberg L.P. 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