Samantha Dart, co-head of global commodities research at Goldman Sachs, joined Haslinda Amin on Insight with Haslinda Amin to discuss growing risks in diesel markets. Dart says disruptions to Russian fuel exports and the US-Iran war are tightening supplies, raising concerns about global refining capacity and fuel prices. (Source: Bloomberg)
Europe’s biggest rivers, vital arteries for the region’s heavy industries, are drying up after the region was seared by a series of heat waves. Bloomberg’s Eva Brendel breaks down the situation. (Source: Bloomberg)
The momentum trade just gave investors a taste of the pronounced profit-and-loss swings they can expect if they fail to hedge or diversify, a warning that’s reinforced by growing inflation risks.
Daiichi Sankyo President and CEO Hiroyuki Okuzawa says a weaker yen is an advantage for topline growth, but would also weigh on expenses outside of Japan. He appeared exclusively on Bloomberg’s Insight with Haslinda Amin. (Source: Bloomberg)
AstraZeneca has explored an acquisition of Bristol Myers Squibb, according to people familiar with the matter. It’s unclear if discussions are ongoing or whether they will result in a transaction, the people cautioned. A representative for AstraZeneca declined to comment and Bristol Myers Squibb couldn’t immediately be reached for comment on the talks. Bloomberg’s Manuel Baigorri reports. (Source: Bloomberg)
Video shows firefighters working to contain wildfires in Porto Germeno, Greece, on Sunday. The conflagrations are some the latest in what’s been a volatile wildfire season in Europe, which started early and picked up quickly. (Source: Associated Press)
Amanda Staveley has spent decades connecting Middle East investors with Britain’s biggest dealmaking opportunities. On Leaders with Francine Lacqua, the PCP Capital Partners chief executive describes how she started out, the negotiations behind the Manchester City and Newcastle United deals and the historic rescue of Barclays during the financial crisis.
This interview was recorded before Bloomberg and others reported that a consortium led by Amanda Staveley has agreed to buy a 25% stake in English club West Ham United for £150 million. (Source: Bloomberg)
