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Play Video Pause Unmute Current Time 0:24 / Duration -:-:- Loaded: 0% 0:00:24 Progress: 0% Stream Type LIVE Remaining Time --:-:- Playback Rate 1x Chapters * Chapters Captions * captions settings, opens captions settings dialog * captions off, selected * english 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 Bloomberg Invest Conference in New York Watch S&P 500 4,267.52 -0.38% Nasdaq 13,129.17 +0.19% Crude Oil 72.82 +0.40% US 10 Yr 3.76 +0.31% Euro 1.08 +0.54% Dow Jones 33,691.03 +0.08% Russell 2000 1,888.45 +1.78% Gold 1,974.40 +0.82% Silver 24.07 +2.77% Nikkei 225 31,641.27 -0.85% Hang Seng 19,299.18 +0.25% FTSE 100 7,609.26 -0.20% DAX 15,967.73 +0.04% Pound/Dollar 1.25 +0.58% Dollar/Yen 139.20 -0.66% Bitcoin 26,407.30 +0.17% Ethereum 1,847.15 +0.28% BackForward Politics Russian Elite Is Souring on Putin’s Chances of Winning His War Even some who support the invasion and want to intensify the fight against Ukraine have become deflated about Russia’s prospects. Kremlin Says Ammonia Pipe Blast Complicates Ukraine Grain Deal updated 2h ago Ukraine Recap: Zelenskiy Visits Flood-Hit Area; Kherson Shelled updated 21m ago Ukraine’s Allies Call Destruction of Dam a ‘War Crime’ LATEST Environment Deep Drought Punishes Latin American Clean Water Pioneer updated 9m ago Uruguay stands out for its history of investing in safe drinking water. But extreme weather has caught the country flat-footed as it faces the safety risks of prolonged drought. Politics South African Presidency Maps Out Vision to End Loadshedding updated 21m ago Markets Carvana Shares Soar on Forecast of Improved Financial Results updated 27m ago Business British Child Injured in Knife Attack at French Playground 32m ago Politics Imran Khan’s Party Defectors Announce New Political Group updated 34m ago MOST READ Markets Mystery Bet Before SEC Crypto Crackdown May Mint Trader Millions Weather & Science Flights to LaGuardia Airport Grounded as Smoke Blankets NYC Finance Ray Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’ Politics Trump Gets Target Letter in Special Counsel Documents Probe Sports Messi Spurns $400 Million Saudi Offer to Join Beckham’s Miami Markets Nasdaq 100 Resumes Climb as Jobless Claims Jump: Markets Wrap updated 5 minutes ago Euro Zone Succumbs to Mildest of Recessions on Energy Shock updated 3h ago Bonds Everywhere Suffer as Rate-Hike Fears Swamp Traders EU’s Fastest Inflation Slows as Hungarian Recession Drags On updated 3h ago World Three Including Young Children Critically Wounded in French Alps Knife Attack; Suspect Detained Attack took place in a square in the town of Annecy. updated 22 minutes ago Markets Embattled Landlord SBB Plunges Further Into Junk Territory Shares in SBB have plunged more than 90% from 2021 peak. Green Germany to Walk Back Charging Goal as People Plug EVs at Home Officials see target as outdated amid technological advances. Markets Europe’s Gas Prices Show Shift in Risk to Winter Next Year Winter next year “feels more risky.” LIVE Video Player is loading. Play Video Pause Unmute Current Time 0:23 / Duration -:-:- Loaded: 0% 0:00:23 Progress: 0% Stream Type LIVE Remaining Time --:-:- 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 on Bloomberg TV Bloomberg The Open The Big Take THE GREAT BILLIONAIRE TAKEOVER OF EUROPEAN FOOTBALL Politics ONE OF EUROPE’S POOREST NATIONS, MOLDOVA, WEIGHS TAX REVAMP an hour ago BLOOMBERG Chris Bryant Billionaire Richard Branson Puts Himself on Trial It’s been a tough few years for Virgin, but has the brand lost its luster? Juan Pablo Spinetto Why Lionel Messi Chose Miami Over Riyadh The soccer great’s move to the US makes a lot of sense professionally, personally and maybe even financially. Marc Rubinstein A Fund Firm Tries to Buy Its Way Out of a Bind Franklin adds more than $1 trillion of assets in its acquisition spree. Merryn Somerset Webb The Case for Getting Rid of Inheritance Taxes The UK’s IHT is a bad tax. Abandoning it as it stands is the moral thing to do. Chris Hughes Aroundtown Has No Easy Options for $21 Billion of Real Estate Debt Germany property firm Aroundtown needs to sell assets to repay maturing bonds. More from Opinion BLOOMBERG Chris Bryant Billionaire Richard Branson Puts Himself on Trial It’s been a tough few years for Virgin, but has the brand lost its luster? Juan Pablo Spinetto Why Lionel Messi Chose Miami Over Riyadh The soccer great’s move to the US makes a lot of sense professionally, personally and maybe even financially. Marc Rubinstein A Fund Firm Tries to Buy Its Way Out of a Bind Franklin adds more than $1 trillion of assets in its acquisition spree. Merryn Somerset Webb The Case for Getting Rid of Inheritance Taxes The UK’s IHT is a bad tax. Abandoning it as it stands is the moral thing to do. Chris Hughes Aroundtown Has No Easy Options for $21 Billion of Real Estate Debt Germany property firm Aroundtown needs to sell assets to repay maturing bonds. More from Opinion Coming soon: The Paris Edition newsletter What's happening in France's finance industry, delivered weekly Sign Up Bloomberg may send me offers and promotions. By submitting my information, I agree to the Privacy Policy and Terms of Service. Terms of Service Manage Cookies Trademarks Privacy Policy ©2023 Bloomberg L.P. All Rights Reserved Careers Made in NYC Advertise Ad Choices Help