Lazard's M&A Chief Sees a Lot of Firepower on the Sidelines

Lazard's M&A Chief Sees a Lot of Firepower on the Sidelines

-- Mark McMaster, global head of mergers and acquisitions at Lazard, notes that even with high borrowing costs, companies continue to borrow to finance acquisitions. He expects this trend to...
April 02, 2024 at 11:12 pm IST
BlackRock Debuts its First Tokenized Fund

BlackRock Debuts its First Tokenized Fund

-- BlackRock is launching its first tokenised fund, marking a significant step in the innovation of financial services through blockchain technology. The fund aims to transform capital markets by...
April 02, 2024 at 09:26 pm IST
No Fed Cut Is Not an Issue for Equities, Morgan Stanley's Slimmon Says

No Fed Cut Is Not an Issue for Equities, Morgan Stanley's Slimmon Says

-- Andrew Slimmon, Managing Director at Morgan Stanley Investment Management, discusses Tesla's current situation and the outlook for the technology market and cyclical sectors. Tesla, often the...
April 02, 2024 at 09:10 pm IST
Ledger CXO:  Watch Miners Ahead of Bitcoin Halving

Ledger CXO: Watch Miners Ahead of Bitcoin Halving

-- Ian Rogers, Chief Experience Officer at Ledger, discusses Bitcoin halving, an event that halves the reward for verifying transactions and adding new blocks to the blockchain. Rogers points out...
April 02, 2024 at 12:50 am IST
Walgreens CEO on Narrowed Forecast, Shoppers Cutting Back Spending

Walgreens CEO on Narrowed Forecast, Shoppers Cutting Back Spending

-- Walgreens CEO Tim Wentworth discusses consumer caution on retail spending, saying consumers are looking for value and are willing to shop in bulk. He notes that some retailers are doing better...
March 29, 2024 at 01:29 am IST
CRH CEO Albert Manifold discusses Baltimore bridge collapse

CRH CEO Albert Manifold discusses Baltimore bridge collapse

-- CRH CEO Albert Manifold discusses the tragic bridge collapse in Baltimore caused by a collision with a freighter. Manifold says that a full assessment of the incident will take time, and that it...
March 28, 2024 at 11:37 pm IST
Robert Davis, Merck CEO:  Another obesity drug?

Robert Davis, Merck CEO: Another obesity drug?

-- Merck Chairman and CEO Robert M. Davis talks about Merck's development of a drug to combat obesity and the diseases it can cause. He also comments on the U.S. approval of Winrevair, a new...
March 28, 2024 at 08:00 pm IST
John Neal, Lloyd's CEO:  What are the costs and consequences of the Baltimore bridge collapse?

John Neal, Lloyd's CEO: What are the costs and consequences of the Baltimore bridge collapse?

-- Lloyd's of London Managing Director John Neal discusses the cost of insurance and the impact of the Baltimore Bridge collapse disaster. Insurers are facing claims of up to $3 billion, according to...
March 28, 2024 at 04:03 pm IST
Markets in 2 Minutes:  Waller Is a Known Hawk But He Talks Sense

Markets in 2 Minutes: Waller Is a Known Hawk But He Talks Sense

-- Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on Bloomberg Markets Today....
March 28, 2024 at 03:59 pm IST
Japanese Stocks Outlook Following Yen's 34-Year Low

Japanese Stocks Outlook Following Yen's 34-Year Low

-- BlackRock Investment Institute's chief investment strategist for APAC, Ben Powell, discusses the outlook for Japanese stocks and the case for Nikkei bullishness following the yen's 34-year low....
March 28, 2024 at 03:31 pm IST
Magnificent Seven Rally to Broaden to Other S&P Stocks, Goldman Says

Magnificent Seven Rally to Broaden to Other S&P Stocks, Goldman Says

-- Goldman Sachs portfolio strategist Lilia Peytavin says the Magnificent Seven equities will continue to perform well and sees a broadening of the gains in the rest of the S&P. In two thirds of...
March 27, 2024 at 05:33 pm IST
AstraZeneca CEO Soriot on Pharmaceuticals in China

AstraZeneca CEO Soriot on Pharmaceuticals in China

-- AstraZeneca Chief Executive Officer Pascal Soriot discusses the drugmaker's business strategy in China, the US BIOSECURE Act, and future deals and partnerships in China. He speaks with Stephen...
March 27, 2024 at 01:55 pm IST
Alibaba Calls Off IPO for Logistics Arm Cainiao

Alibaba Calls Off IPO for Logistics Arm Cainiao

-- Alibaba scrapped an initial public offering in Hong Kong for its Cainiao logistics arm, the second time Alibaba has nixed a high-profile debut for one of its main businesses. Catherine Lim of...
March 27, 2024 at 01:42 pm IST
Carol Tome, UPS CEO:  growth, healthcare logistics, automation and Baltimore

Carol Tome, UPS CEO: growth, healthcare logistics, automation and Baltimore

-- UPS CEO Carol Tome discusses the company's growth opportunities and cost reduction plans. She looks back at the opportunity presented by healthcare logistics, a $152 billion market from which UPS...
March 27, 2024 at 02:22 am IST
John Lawler, Ford CFO:  EV retreat, hybrid demand and the Baltimore Bridge

John Lawler, Ford CFO: EV retreat, hybrid demand and the Baltimore Bridge

-- Ford CFO John Lawler discusses the supply chain impact of the collapse of the Francis Scott Key Bridge in Baltimore and the consequences for the automaker. He discusses the slower-than-expected...
March 26, 2024 at 09:54 pm IST
Trip.com Group CEO on Travel

Trip.com Group CEO on Travel

-- Trip.com Chief Executive Officer Jane Sun discusses travel trends in China and outlook for travel in APAC. She speaks with David Ingles and Yvonne Man on the sidelines of Milken Institute Global...
March 26, 2024 at 02:09 pm IST
Cocoa Is More Expensive Than Copper as It Tops $9,000

Cocoa Is More Expensive Than Copper as It Tops $9,000

-- Cocoa extends its record-breaking run above $9,000 for the first time ever, making it more expensive than bellwether industrial metal copper....
March 26, 2024 at 01:56 pm IST