Rogers Communications Inc., Canada’s top wireless firm, is set to renew its 12-year broadcast deal with the National Hockey League for C$11 billion ($7.7 billion), according to a report in Sportico. The shares dropped.
US factory activity contracted for the first time this year in March as the Institute for Supply Management’s manufacturing index declined 1.3 points last month to 49. Meanwhile, the number of job openings in the US decreased in February to 7.57 million from a revised 7.76 million reading the month before, while layoffs remained subdued. Michael McKee reports on Bloomberg Television.
Cellnex Telecom SA has kicked off a sale of its majority stake in its Swiss business, which could fetch as much as €2 billion ($2.2 billion), according to people with knowledge of the matter.
Wall Street strategists expect last year’s financial market gains to fuel a robust tax season for the US government, potentially leading to a drawdown of liquidity just as politicians wrestle over the debt ceiling.
Interactive Brokers Group Inc. is expanding its predictive markets trading services into Canada, as the electronic broker’s burgeoning futures contract sector looks to grow its clients outside of the US, according to a statement seen by Bloomberg News.
The European Union said it will use a broad range of options to retaliate against the US if President Donald Trump follows through on his threat to impose so-called reciprocal tariffs on the bloc this week. “We do not necessarily want to retaliate,” European Commission President Ursula von der Leyen said on Tuesday. “If necessary we have a strong plan to retaliate and will use it.” SoftBank is seeking a loan of as much as $16.5 billion to help fund artificial intelligence investments in the US, people familiar with the matter said, in what would be its largest-ever borrowing denominated solely in dollars. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. (Source: Bloomberg)
Alibaba Group Holding Ltd. is planning to release Qwen 3, an upgraded version of its flagship AI model, as soon as this month with competition from rivals including OpenAI and DeepSeek heating up.
France’s far-right National Rally conceded the extent of the damage caused by a court ruling barring its leader, Marine Le Pen, from running for election. But the party insists that the fight isn’t over and that it will try to use the controversy to its advantage.
Roblox Corp. is partnering with Alphabet Inc.’s Google to offer ads that encourage player engagement, marking a significant step in the video-game platform’s push to generate more revenue from advertising.
Cantor Fitzgerald LP’s investment bank arm agreed to buy Canaccord Genuity Group Inc.’s US wholesale market-making business in a bid to expand its equities operations.
US stocks flipped between small gains and losses following the opening bell on Tuesday after closing out their worst quarter in nearly three years, as traders await President Donald Trump’s next tariff deadline on Wednesday.
Europe’s booming solar generation is overwhelming the region’s grids, sending power prices slumping far below zero.
Strategas Securities Co-Founder Jason De Sena Trennert is no longer in the running to become US Treasury assistant secretary for financial markets, due to a newly discovered health issue, according to a statement to clients seen by Bloomberg News.
President Donald Trump’s nominee to be the nation’s highest-ranking military officer said military force alone might not be enough to deter Iran from obtaining a nuclear weapon, according to a statement he provided ahead of his Senate confirmation hearing Tuesday.
Earth's warming exceeded 1.5C on an annual basis for the first time in 2024, according to three major climate science agencies. It's the most potent evidence yet that countries are failing to meet a Paris Agreement goal of limiting global heating to that level as a decades-long average. Meanwhile China's top climate envoy said the world's transition to clean energy will continue, even as the US's second withdrawal from the Paris Agreement puts unprecedented stress on the fight against global warming.
Tommy Stadlen is the co-founder of Giant Ventures who back technology founders in the areas including sustainability, health and mental health. He joined Caroline Hepker and Tom Mackenzie on Bloomberg Radio to discuss the landscape for seed investing (Source: Bloomberg)
<p>State, county and city governments are eager to hire former federal agency staffers targeted in DOGE cuts. But matching worker skills to local needs is a challenge. </p>
Portugal’s government plans to change public procurement rules for defense orders as it aims to make the process faster, Defense Minister Nuno Melo said.
Tiffany Wilding, economist at Pacific Investment Management Co. (Pimco), discusses the findings of the firm’s cyclical outlook and the strong case to diversify away from US equities into a broader mix of global, high quality bonds.
Conservative media outlet Newsmax Inc. is having a meme-stock moment, with shares surging 1,160% since its debut as a public company on Monday.