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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 Bloomberg Webinars: Access a broad range of analysis, research, insight & ideas. 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The Big Take Blackstone’s $70 Billion Real Estate Fund for Retail Investors Is Losing Steam Dawn Lim and John Gittelsohn A retail boom that supercharged private equity and real estate is slowing, challenging one of the firm’s most ambitious efforts. Politics How a Mysterious China Screenshot Spurred $450 Billion Rally Bloomberg News Politics Germany’s Solo Trip to Beijing Exposes Europe’s Dilemma on China Rebecca Choong Wilkins, Michael Nienaber and Birgit Jennen Chancellor Scholz brings a high-profile delegation on his first state visit to Beijing and faces a delicate balancing act. Unable to load stories at this time. Retry article Technology Twitter Latest: Musk Begins Job Cuts as Ad Buyers Hit Pause updated 36 minutes ago Apple Pause, Lyft Layoffs Herald New Phase of Tech Austerity Twitter Advertiser Pause Widens as General Mills Taps the Brakes Global Stocks Set for Weekly Drop; China Rebounds: Markets Wrap Politics XI TELLS SCHOLZ CHINA, GERMANY SHOULD PROMOTE PEACE AMID ‘CHAOS’ It's the chancellor's first in-person meeting with Xi Jinping. updated 40 minutes ago Central Banks UK RECESSION GUARANTEED WITH BOE OUTLOOK FOR 500,000 JOB LOSSES Britain is headed for a deep recession. Politics TRUMP MAKES STRONGEST SUGGESTION YET THAT HE PLANS 2024 RUN He said he'll “very, very, very probably” make another White House bid. updated an hour ago Middle East IRAN’S WEAPONS ARE SLOWLY DRAGGING ISRAEL TO UKRAINE’S DEFENSE Fears grow that Iran could be honing its capacity to strike Israel. 4 hours ago 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 Live on Bloomberg TV Bloomberg Daybreak Middle East The Big Take THE METALS FOR YOUR EV ARE STUCK IN A 30-MILE TRAFFIC JAM Equality NETS SUSPEND KYRIE IRVING FOR FAILING TO ‘DISAVOW ANTISEMITISM’ OPINION Pankaj Mishra SCHOLZ WON’T BE XI’S LAST WESTERN GUEST As the German chancellor’s controversial trip to China shows, economic interests have become harder to sacrifice to professed moral values at a time of crisis. Mihir Sharma PAKISTAN WON’T QUICKLY RECOVER FROM IMRAN KHAN’S SHOOTING The attack on the former prime minister is likely to put any political equilibrium out of reach for years. Liam Denning IF WE WANT LITHIUM, LET CHINA FINANCE IT The Asian nation has built world-class refining and electric-vehicle capabilities. Canada can keep Chinese investment dollars without losing control of critical minerals. Mark Gongloff IMPORTANT NATURE UPDATE: IT IS NOT HEALING At the rate we’re going, we’ll never get to net zero. Gearoid Reidy NORTH KOREA MISSILE SALVO HITS THE LAW OF DIMINISHING RETURNS These days, markets are more concerned with Jerome Powell than Kim Jong Un. So what’s Pyongyang’s game plan? More from Opinion OPINION Pankaj Mishra SCHOLZ WON’T BE XI’S LAST WESTERN GUEST As the German chancellor’s controversial trip to China shows, economic interests have become harder to sacrifice to professed moral values at a time of crisis. Mihir Sharma PAKISTAN WON’T QUICKLY RECOVER FROM IMRAN KHAN’S SHOOTING The attack on the former prime minister is likely to put any political equilibrium out of reach for years. Liam Denning IF WE WANT LITHIUM, LET CHINA FINANCE IT The Asian nation has built world-class refining and electric-vehicle capabilities. Canada can keep Chinese investment dollars without losing control of critical minerals. Mark Gongloff IMPORTANT NATURE UPDATE: IT IS NOT HEALING At the rate we’re going, we’ll never get to net zero. Gearoid Reidy NORTH KOREA MISSILE SALVO HITS THE LAW OF DIMINISHING RETURNS These days, markets are more concerned with Jerome Powell than Kim Jong Un. So what’s Pyongyang’s game plan? More from Opinion One story you'll want to talk about. Get The Big Take newsletter in your inbox daily. Sign Up Bloomberg may send me offers and promotions. By submitting my information, I agree to the Privacy Policy and Terms of Service Climate Politics INSTEAD OF PHASING DOWN COAL THE WORLD IS BURNING MORE THAN EVER Politics SANCTIONED SUPERYACHT SEIZED IN SPAIN AS OWNER STOPS PAYING FEES Hyperdrive CHINESE SPACE JUNK LIKELY TO COME CRASHING TO EARTH ON FRIDAY WAR IN UKRAINE Politics US, PARTNERS OPT TO SET FIXED CRUDE PRICE FOR RUSSIA OIL CAP Politics EU STUDIES USE OF RUSSIAN CENTRAL BANK ASSETS TO REBUILD UKRAINE Politics BULGARIA BREAKS WITH PRO-RUSSIA PAST, BACKS UKRAINE MILITARY AID Politics UKRAINE LATEST: UN ATOMIC AGENCY SAYS NO SIGN OF ‘DIRTY BOMB’ More coverage WORK SHIFT Technology & Skills ZOOM, TEAMS, SLACK ARE WREAKING HAVOC ON EMPLOYEE PRODUCTIVITY QuickTake IS ‘QUIET QUITTING’ A SIGN OF WORKERS SLACKING OFF OR PUSHING BACK? Work Shift UNIVERSITY LIFE IS GETTING TOO EXPENSIVE FOR THE POOREST UK STUDENTS Modern Management WORKER WHIPLASH: THE JOB MARKET IS HOT BUT HR EXECS ARE CUTTING More from Work Shift STORIES FOR YOU Economy RUSSIANS FIND REFUGE FROM PUTIN IN EUROPE’S NEW ‘CASABLANCA’ Politics GERMANY’S SOLO TRIP TO BEIJING EXPOSES EUROPE’S DILEMMA ON CHINA Business YEEZY ROLLER COASTER ENDED WITH TWO-MINUTE PHONE CALL AT ADIDAS Central Banks POWELL SIGNALS SMALLER RATE HIKES AHEAD ON PATH TO HIGHER PEAK City of London UK HOUSE PRICES COULD FALL 30%, NATIONWIDE WARNS Central Banks FED TO HIKE BIG AGAIN AND OPEN DOOR TO DOWNSHIFT CRYPTO Technology CRYPTO GLOOM DEEPENS ON JPMORGAN TEAM’S VENTURE CAPITAL WARNING updated 56 minutes ago Technology HOW NFTS LIVE ON AS THE INVESTMENT PROMISE FIZZLES: CRYPTO IRL Politics MANCHIN TELLS CEOS TO STOP REWARDING BAD BEHAVIOR WITH CAMPAIGN CHECKS Technology BLOCK SHARES CLIMB ON EARNINGS BEAT, CASH APP’S GROWTH More from Crypto EQUALITY Equality BIDEN SAYS IRAN WILL BE ‘FREE’ IN ASIDE AT CAMPAIGN RALLY updated 46 minutes ago Equality FBI, NEW JERSEY AUTHORITIES ARE MONITORING ‘CREDIBLE THREAT’ TO SYNAGOGUES Equality NBA COMMISSIONER CONDEMNS KYRIE IRVING FOR ANTISEMITIC TWEET Technology ALPHABET CUT OFF WORKERS FROM PAY TRANSPARENCY DATA, UNION SAYS More from Equality The Business Network for the New Generation UP NEXT * On Now Township Yogi * 01:30 AM Idea Generation: Russ * 02:10 AM Idea Generation: Ibrahim Hamad * 02:50 AM Idea Generation: Mario Carbone 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 Unmute LIVE NOW TOWNSHIP YOGI In South African townships oppressed because of unemployment, crime, drugs and violence, and where many of the population are suffering from HIV and Aids, this inspiring feature-length documentary follows the journey of six people who transform themselves through yoga, and documents the impact that yoga has on their families, and communities. Start Watching And streaming on your TV: * * * * * What Went Wrong With NFTs? Crypto IRL The New Company Retreat Actor Geena Davis on Thelma and Louise and the #MeToo Movement | Emma Barnett Meets The World's First Biodegradable Water Bottle BLOOMBERG WEALTH Wealth HEDGE FUND BILLIONAIRE OCH FIRES BACK AT SCULPTOR OVER BOARD STATEMENT Living OPENDOOR WRITES DOWN HOME INVENTORY BY $573 MILLION IN SLUMP Wealth JEFF BEZOS MAY BID ON NFL’S WASHINGTON COMMANDERS WITH JAY-Z Living POWERBALL MATH: WINNER FACES INFLATION DILEMMA ON $1.5 BILLION PAYOUT More on Wealth Culture HONG KONG’S CULTURAL ICONS VANISH AS COVID HASTENS GENTRIFICATION CityLab NYC BUILDINGS COMMISSIONER RESIGNS WHILE UNDER GAMBLING INVESTIGATION Transportation US TRAFFIC SAFETY IS GETTING WORSE, WHILE OTHER COUNTRIES IMPROVE Government IN LA, MAYORAL HOPEFULS FACE OFF WITH THE CITY’S THORNIEST ISSUE Weather & Science BLOOMBERG GREEN Weather & Science These 30 Companies Emit Nearly Half the Energy Sector’s Methane Oil and gas-related emissions of planet-warming methane could be halved at no cost, according to Global Energy Monitor. Electric Vehicles THIS CHINESE EV STARTUP WANTS TO SAVE YOU FROM HAVING A HEART ATTACK Green CANADA EYES NEW ESG BONDS TO FINANCE HEAVY POLLUTERS GOING GREEN ESG ASSET MANAGERS HIT BY MORE BAD NEWS ON TOP-RANKED ESG FUNDS Climate Politics GOP PLANS TO OFFER OIL, GAS AND TREES AS CLIMATE FIXES IN NEXT CONGRESS More from Green October 28, 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 ©2022 Bloomberg L.P. All Rights Reserved Careers Made in NYC Advertise Ad Choices Help