TSMC CEO sees no sign of a slowdown as chip foundry reports record profit
The semiconductor foundry announced third-quarter net profits of 763.34 Taiwanese new dollars, marking a record.
The semiconductor foundry announced third-quarter net profits of 763.34 Taiwanese new dollars, marking a record.
Christel Rendu De Lint, Co-CEO of Vontobel, on AI, cyber risks and if UBS left Switzerland. ‘I would prefer them to stay. It’s a brand for the Swiss economy, losing a major brand, a major actor, it’s a loss’. She speaks on Bloomberg’s “The Opening Trade” with Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
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Luxury giant Richemont and US retailer Signet Jewelers Ltd. are in talks to join a consortium that’s in prime position to buy diamond miner De Beers, according to five people familiar with the matter.
H.E. Mario Draghi, Former Prime Minister, Republic of Italy and Former President, European Central Bank speaks with Bloomberg’s John Micklethwait at the 2026 Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)
Lebanese Central Bank Governor Karim Souaid said talks with the IMF are progressing at a good pace. This comes as the country commenced high level negotiations with the Fund on the sidelines of the IMF-World Bank meetings in Bangkok. Souaid spoke exclusively to Bloomberg’s Avril Hong on Horizons Middle East & Africa. (Source: Bloomberg)
The COLA is aimed at helping about 68 million beneficiaries keep pace with inflation.
CoreWeave Inc.’s bonds have plunged to levels that typically indicate distress, in a swift move that has caught the attention of Silicon Valley leaders including Chamath Palihapitiya and Elon Musk.
Oil output from the United Arab Emirates climbed to record levels last month, the International Energy Agency said, underscoring its resilience during the Iran war and liberation from OPEC+ limits.
“I worry about healthcare, long-term care, inflation, a long bear market and living to 95.”