Latest news with #SGCIB
Bloomberg
a day ago
- Business
- Bloomberg
Israel's Strikes on Iran Raises Risk of Wider War
Brent surged almost 10% after Israel carried out military strikes against Iran. Israel targeted nuclear facilities and killed senior military commanders in a major escalation that could spark a broad war in the Middle East. Explosions were heard across Tehran, Natanz — home to a key atomic site — and other cities, according to local and social media. Israeli Prime Minister Benjamin Netanyahu said Israel — which used 200 air force planes and said it hit around 100 targets — had 'struck at the heart of Iran's nuclear enrichment program.' Today's guests: Hugh Gimber, JPMorgan Asset Management Global Market Strategist, Julien Barnes-Dacey, European Council on Foreign Relations Middle East and North Africa Programme Director, Phoenix Kalen, SGCIB, Emerging Markets Research Head, Lynette Nusbacher, Nusbacher & Associates Chair. (Source: Bloomberg)
Bloomberg
08-05-2025
- Business
- Bloomberg
Trump Expected to Unveil US-UK Trade Pact & Rescind Global Chip Curbs
US President Donald Trump is expected to announce a trade agreement with the UK on Thursday, according to people familiar with the matter, in a limited deal that may nonetheless signal the direction of the US president's global trade war. Trump teased the announcement in a social media post on Wednesday night, saying he would hold an Oval Office news conference to discuss 'a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY.' Meanwhile the Trump administration plans to rescind some Biden-era AI chip curbs as part of a broader effort to revise global semiconductor trade restrictions that have drawn strong opposition from major tech companies and foreign governments. Today's guests: Kokou Agbo-Bloua, SGCIB Global Head of Economics, Cross-Asset and Quant Research, Ester Baiget, Novonesis President & CEO, Jumana Saleheen, Vanguard Chief European Economist and Investment Strategy Group Europe Head. (Source: Bloomberg)
