Curated Video
Councillor put forward a motion to phase out dividend that comes off water bill
One city councillor wants to remove a policy they say is hurting our sewer and water services. Not all the money paid towards water and waste goes to improving and maintaining those services. Brian Mayes says he would like to see it go...
Curated Video
Aramco cuts world’s biggest dividend amid deficit concerns
Saudi Aramco has announced a significant reduction in its dividend for 2025, slashing it to $85 billion. This is a major downgrade from last year’s record payout of $124 billion. This 31% drop comes amid weaker earnings, with Aramco's...
Bloomberg
Shell CEO on LNG Demand, Buyback and Growth Strategy
Shell CEO Wael Sawan discusses the company's LNG strategy, share buyback program and growth opportunities on "Bloomberg The Close."
Bloomberg
KKR Trying To Become 'Mini Berkshire'
KKR & Co. is planning to hold some investments for decades, directed by a tight-knit group including co-founders Henry Kravis and George Roberts, to build a portfolio that generates over $1 billion in dividends per year. Bloomberg's...
Bloomberg
Private Equity Firms Are Dialing Down on Equity
Private equity firms are using debt to pay dividends to themselves and their backers, reducing their equity stakes in companies, as the M&A market remains slow. Bloomberg's Claire Ruckin has more on the story.
Bloomberg
AIA Group CFO on 2024 FY Results
Garth Jones, AIA Group CFO discusses business and growth strategy after reporting a 18 % growth in new business value in 2024, as the company announces a $1.6 billion share buyback. He speaks exclusively with Haidi Stroud-Watts and Paul...
Bloomberg
This Stocks Bounce is 'Very Discouraging': 3-Minute MLIV
Anna Edwards, Kriti Gupta, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Bloomberg
Aramco Cuts Dividend in Setback for Saudi Budget
Saudi Aramco cut the world's biggest dividend in a blow for Saudi Arabia's widening budget deficit, as the company seeks to relieve the stress on its own finances. The firm expects the total payout to be about $85 billion in 2025,...
Bloomberg
AXA CEO: Prevention Will Keep Home Insurance Affordable
The AXA CEO said he was not too impacted by the LA wildfires, with losses estimated at 100 million euros compared to 1.2 billion euros in claims for competitor Munich Re announced yesterday. The French insurer AXA plans a buyback of 1.2...
Bloomberg
Evolution Mining's Interim Profit More Than Triples
Australia's third-largest ASX-listed gold miner reported record net profit for the first half-year. Lawrie Conway, Managing Director & CEO of Evolution Mining speaks exclusively on the earnings results with Shery Ahn and Paul Allen on...
Bloomberg
Sanofi CFO on Share Buyback, R&D, Trump Administration
"We have a very strong pipeline," says François-Xavier Roger, Sanofi CFO, on the outlook for R&D. Pressed on the approach of the new US administration to vaccines, he added, "vaccines are extremely relevant, we will continue investing in...
Bloomberg
'No Margin of Error' For Oil Companies: CIBC's Babin
CIBC Private Wealth Group Senior Equity Trader Rebecca Babin explains the significance of the decrease in oil price on 'Bloomberg Markets."
Bloomberg
BBVA Chair on Sabadell Merger, Mexico Tariffs
Despite tariff threats on Mexico, "the US needs Mexico for competitiveness", leading to "high appetite for investing in Mexico" says Carlos Torres Vila, BBVA Chair. Meanwhile, on his company's ongoing attempt acquire Sabadell, Vila is...
Bloomberg
Aramco CEO: Demand to Keep Oil Market 'Healthy' in 2025
Saudi Aramco CEO Amin Nasser said he expects global oil demand to rise this year, keeping the market "healthy" and "balanced". He spoke with Bloomberg's Joumanna Bercetche in an exclusive interview on the sidelines of the 2025 World...
Bloomberg
South Korea Will Defend the Market After Political Turmoil, Says FSS Governor
South Korea's Financial Supervisory Service governor, Lee Bokhyun, says they are ready to defend the market in case volatility persists due to the political situation in South Korea. He speaks to Bloomberg's Shery Ahn in Seoul.
Bloomberg
Tycoon Elumelu on Nigeria's Economy, Naira, Energy
Tycoon Tony Elumelu discusses Nigeria's economy, monetary policy and its impact on the naira, and energy investments on "Bloomberg Markets: European Close."
Bloomberg
Is China Doing Enough to Regain Investors' Confidence?
Eva Lee, head of Greater China equities at UBS Global Wealth Management Chief Investment Office, looks at the Chinese government's efforts to support the economy and the implications for financial assets. She speaks with Yvonne Man and...
Bloomberg
Hawaiian Electric Pushes Back on Cause of Wildfires
Hawaiian Electric Industries Inc. soared after the utility pushed back against a lawsuit filed by Maui County that accused the company of starting the deadly Lahaina fire. The utility says its lines were de-energized when a fire began...
Bloomberg
Foot Locker Cuts Full-Year Forecast, Suspends Dividend
Foot Locker Inc. cut its full-year forecast and suspended its dividend as the retailer reported results that fell short of Wall Street's expectations amid concern over weakening spending patterns. Katie Greifeld reports on Bloomberg...
Bloomberg
BNP Paribas Is Still 'Overweight' China, Hong Kong Stocks
"We're still overweight China, Hong Kong. But China is going through a crisis of confidence." Manishi Raychaudhuri, Asia Pacific head of equity research at BNP Paribas. shares his views on stocks in China, India and Indonesia. He speaks...
Bloomberg
High-Yield 'Best Place to Be' for Fixed Income, Says Allspring's Patel
Allspring Global Investments Senior Porfolio Manager Margaret Patel says high-yield assets are the best bet for fixed income investors. "High yield looks like the best place to be as it's been ever since the Fed began tightening last...
Bloomberg
Disney Is Not a Growth Company Anymore, CFRA Says
Kenneth Leon, director of equity research at CFRA, discusses Walt Disney Co. 's latest financial results and its prospects. Disney rose more than 6% in extended trading after management of the world's largest entertainment company said...
Bloomberg
First Look With Surveillance: BP Dividend, Oil Demand
Dani Burger and Kriti Gupta take you through what to watch today.
Bloomberg
BP CEO Looney on Shareholder Returns, Gas Trading, Oil Prices
BP CEO Bernard Looney discusses shareholder returns, gas trading and oil demand after the firm's second-quarter profit fell by more than expected. He speaks with Dani Burger on "Bloomberg Markets Today."