Business
Weaponization Fund Pause, Trump Says Iran Talks Still On, More
Trump confirms Iran negotiations continue despite halting a weaponization fund.
Chinese Curbs Risk Derailing Record Hong Kong Home-Buying Spree
Beijing tightens controls on Hong Kong’s record-breaking property market to curb speculation and prevent a bubble, aiming for long-term stability despite short-term dampened enthusiasm.
Short Seller Andrew Left Found Guilty of Securities Fraud
Short seller Andrew Left was found guilty of securities fraud. The conviction marks a significant legal defeat for the prominent market critic.
Bloom CEO Has No Plans to Sell Shares After AI Investor Run-up
Bloom Energy CEO KR Sridhar plans to retain his shares despite the company's stock surge driven by AI investment enthusiasm.
Aspiration Partners’ co-founder Joe Sanberg gets 14-year fraud sentence
Aspiration Partners co-founder Joe Sanberg received a 14-year prison sentence for fraud. The case highlights the firm's ties to Wall Street and Hollywood figures like Steve Ballmer.
Swiss Dental Startup vVardis Is Preparing for US IPO
Swiss dental startup vVardis is preparing for a US IPO, with founders Haley and Goly Abivardi pictured alongside JPMorgan CEO Jamie Dimon at the 2025 conference.
Berkshire, under new CEO Greg Abel, invests $16.8 billion in two days
Under CEO Greg Abel, Berkshire Hathaway deployed $16.8 billion in just two days, marking a significant surge in capital investment.
Bloomberg Talks: Tim Jackson (Podcast)
Tim Jackson discusses post-growth economics on Bloomberg Talks, arguing that well-being can be achieved without endless GDP expansion.
Alphabet to sell $80bn in stock to fund AI spending spree
Alphabet is raising $80 billion via its historic stock sale to fund aggressive AI investments, including a $10 billion private placement from Berkshire Hathaway.
Trump to Scrap Weaponization Fund, Says Iran Talks are Still On
President-elect Trump plans to eliminate a weaponization fund while confirming that diplomatic talks with Iran are ongoing.
South Korea inflation hits two-year high, imminent rate hike in play
South Korea’s inflation reached a two-year high, driving expectations for an imminent interest rate hike by the central bank.
Gold Holds Decline as Traders Weigh Confusion Over US-Iran Talks
Gold stabilizes as traders assess confusion surrounding US-Iran negotiations, balancing market uncertainty against potential geopolitical shifts.
China Robotics Firms Line Up IPOs to Pitch Next Phase of AI
Chinese robotics firms are lining up for IPOs to showcase their next phase of AI. This move highlights the sector's rapid growth and ambition to lead in humanoid robot technology.
Iran War Fallout Dents Australia’s Wheat Crop
Geopolitical tensions in Iran are negatively impacting Australia’s wheat yields. This occurs despite the broader economy showing resilience, though consumer confidence remains deeply pessimistic.
Balance of Power: Policy Pulse for June 1 (Podcast)
Bloomberg’s June 1 podcasts, "Balance of Power" and "Shifting Dynamics," analyze evolving policy landscapes and geopolitical shifts. These episodes offer expert insights into current political and economic developments.
Trump drops $1.8bn ‘anti-weaponisation’ fund
President Trump abandoned his $1.8 billion fund to prevent dual-use technology weaponization. This reversal followed mounting legal challenges and strong resistance from Republican lawmakers.
Trump claims Israel and Hizbollah agree ceasefire after Iran threats
Trump claims Israel and Hezbollah reached a ceasefire after Iran halted US peace talks, driving oil prices up.
Stocks Slip From Record as AI Trade Loses Momentum: Markets Wrap
Stocks retreated from record highs as the AI rally cooled, compounded by rising oil prices and geopolitical tensions involving Iran.
Weaponization Fund Dropped, Trump Aims to Calm Lebanon Tensions
Trump reduced the weaponization fund to de-escalate tensions in Lebanon, signaling a shift toward diplomatic restraint and regional stability.
Oil Holds Biggest Gain in a Month on Standoff in US-Iran Talks
Oil hit a one-month high as US-Iran talks stalled, fueling geopolitical tension and market uncertainty that drove crude prices to their strongest monthly rally.