Latest News
Germany’s Humanoid Robots Fail to Show Up for Their Debut
1750935698 from BLOOMBERG
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Verena Sepp and Mark Bergen send a dispatch from a botched robotics demonstration in Munich.
Jes Staley Loses Bid to Overturn Ban Over Epstein Friendship
1750934475 from BLOOMBERG
Former Barclays Plc boss Jes Staley lost a legal battle to overturn his ban from UK finance over his relationship with Jeffrey Epstein, all but ending his attempt to rehabilitate himself in the British financial services industry.
Citi Says Volatility Could Rise as Tariff Deadline Nears
1750930314 from BLOOMBERG
Citigroup Inc. strategist Beata Manthey comments on the outlook for European stocks and the potential for heightened volatility amid geopolitical risks and as US President Donald Trump’s tariff deadline nears. She speaks on Bloomberg Television. (Source: Bloomberg)
Starmer in Talks With Labour Rebels About Easing Welfare Cuts
1750921169 from BLOOMBERG
Prime Minister Keir Starmer looks ready to water down another of the UK government’s key policies, offering concessions to stop Labour party colleagues derailing his reforms to Britain’s expensive welfare payments.
What We Know About a Hong Kong TCM Stock That Spiked 82,000%
1750920291 from BLOOMBERG
In this week’s Hong Kong Edition, we break down what we know about a TCM company and its dizzying stock surge, take a look at the HKMA’s dollar defense and check in with Bloomberg’s Mishal Husain. We also review a buzzy new Thai restaurant by the team behind Trattoria Felino.
SoftBank Unit Plans First Dollar Bond Sale in $500 Million Deal
1750919805 from BLOOMBERG
SoftBank Group Corp.’s telecommunications unit plans to make its first offering of US dollar-denominated bonds, with Morgan Stanley and others acting as lead managers, in a deal aiming to raise about $500 million.
The Real Threat To the Labubu Economy
1750919497 from BLOOMBERG
Labubu has become a global pop-culture sensation but other Chinese companies are looking to give Pop Mart's famous dolls a run for their money. Bloomberg Opinion columnist Shuli Ren told Insight with Haslinda Amin how the company can hold on to its monstrous market lead. (Source: Bloomberg)
China Tech Firms Ramp Up M&A Deals With the Blessing of Beijing
1750919310 from BLOOMBERG
After a chastening crackdown that wiped billions off their value and forced top executives out of the public eye, China’s technology giants are back in favor and on the front foot, making deals and snapping up assets.
Business as Usual in Dubai, Abu Dhabi Amid Mideast Test
1750917805 from BLOOMBERG
The Iran-Israel confrontation has posed one of the most stringent tests yet to the United Arab Emirates’ neutral and open stance. But it has largely been business as usual in the financial centers of Dubai and Abu Dhabi, as Bloomberg’s Abeer Abu Omar reports.
Intel Capital-Backed AI Firm Reconova Is Said to Plan HK IPO
1750916555 from BLOOMBERG
Reconova Technologies Co., a Chinese artificial intelligence company specializing in visual perception, is planning a Hong Kong initial public offering as soon as this year, according to people familiar with the matter.
AT&T Finds Efficiencies in Fiber Push
1750901663 from BLOOMBERG
AT&T has begun to decommission its legacy copper networks, with the intention of completely retiring them by the end of the decade. On Bloomberg Chief Future Officer, CFO Pascal Desroches takes Lisa Abramowicz to one of the company's connectivity hubs and explains how fiber isn't just less costly to operate and maintain -- it also takes up less space, allowing AT&T to generate capital from underutilized facilities. (Source: Bloomberg)
UBS Fang on China Market Outlook
1750899933 from BLOOMBERG
Tommie Fang, Head of China Global Markets at UBS, discusses his outlook and strategies for global investors for the Chinese market. He speaks with Stephen Engle on the sidelines at the World Economic Forum’s Annual Meeting of the New Champions in Tianjin on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Malaysian Agency to Forfeit $41.8M Linked to Ex-PM Probe: NST
1750898557 from BLOOMBERG
The Malaysian Anti-Corruption Commission plans to seek forfeiture of 177 million ringgit ($41.8 million) in assets and cash it seized in its probe into former prime minister Ismail Sabri Yaakob, the New Straits Times reported.
Pentagon Posts Document With Fiscal Year 2026 Weapons Requests
1750895759 from BLOOMBERG
The Defense Department’s proposed $961 billion budget for the fiscal year beginning Oct. 1 includes funding to purchase 24 F-35 fighters, 21 new model F-15 jets and two Virginia-class submarines, according to budget documents posted on the website of the department’s comptroller Wednesday evening.
AIIB President Jin on Tariff Risks, Membership
1750894925 from BLOOMBERG
AIIB President, Jin Liqun says free trade remains the strongest defense against rising tariffs. In an exclusive interview in Beijing, Jin also signaled openness to working with non-member countries—including the United States. (Source: Bloomberg)