Bloomberg Daybreak Middle East. Live from Dubai, connecting Asian markets to the European opens. The show will focus on global macro issues with a middle eastern context, provide expert analysis of major market moving stories and speak with the biggest newsmakers in the region.
Overnight on Wall Street is morning in Europe. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Markets never sleep, and neither does Bloomberg News. Monitor your investments 24 hours a day, around the clock from around the globe.
Shoe designer and creative Salehe Bembury takes us on a journey from his childhood growing up in Manhattan, to an invaluable degree in industrial design, to working with some of the biggest names in fashion…before breaking off to make his own name. We see how Bembury is able to walk the line of business convention while taking his art to new heights, turning ordinary items into extraordinary footwear. Follow along as he lays out the blueprint for his career, and takes us all the way from his first sketch to his thriving personal brand, Spunge.
The Case for European Banking Stocks Just Got a Complete Reset
Bank of America Names Sawhney, Su as Asia Pacific ECM Co-Heads
Britain Set to Break From Eurozone with Cooling Core Inflation
Nigeria Set to Extend Biggest-Ever Rate Hikes, Hold Off on Naira Devaluation
Dovish Hike, or Hawkish Hold? Fed, Peers Must Choose Their Fear
HK Tycoon John Lau Weighing Logistics Empire Sale Amid Interest, Sources Say
Report Suggests ‘Rampant’ Greenwashing in Food Sector
VW Says There’s Never Been a Better Time to Build an EV Factory in the US
Tencent’s $160 Billion Rally Faces Key Earnings Test
Gaming Stocks Jump in Asia as China Approves More Foreign Titles
Italy’s Same-Sex Parents on Front Line of Social Rights Battle
Most Voters Say Tories Still Haven’t Fixed Truss Budget Fallout
Hong Kong Opens Doors to Billionaires in Family Office Push
Billionaire AI Investor Bets on Defense Tech After Hollywood Exit
In the Cotswolds, a New £15,000-a-Year Club for the Fitness-Obsessed
Demand for Truffles in Dubai Is Soaring. Here’s the Man to Call
Now for the Hard Part to Fix Our Climate
Banking Crises Are a Bad Look for Louis Vuitton and Gucci
Can Exxon And Chevron Master Oil Trading? It Won’t Be Easy
A Visual Guide to How America Uses Freight Trains
Trump’s Tariffs Couldn’t Save the California Olive Industry
ChatGPT Advances Are Moving So Fast Regulators Can’t Keep Up
Fox News Producer Claims She Was Pushed to Lie in Dominion Case
London’s Met Police Allows Predators to ‘Flourish’, Report Finds
Top Polluters in Korea Given Easier Path to Curb Emissions
Report Suggests ‘Rampant’ Greenwashing in Food Sector
California’s Newsom Scores Win in Bid to Curb Oil Profits
NYPD Blows Overtime Budget by Nearly $100 Million, On Pace for Record
Puerto Rico Tries to Woo Big Business Amid Widespread Challenges
‘Everybody’s in Limbo’: Bank Chaos Leaves Crypto With Dwindling Options
Crypto Winter Meets Banking Crisis: A Tale of Three Banks (Podcast)
Princeton University’s Blockchain Initiative, One Year Later (Podcast)
Olga Kharif and
Muyao Shen
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The digital-asset market is coming off of a turbulent year featuring a number of high-profile blowups. Now, three shutdowns in the banking industry — SVB Financial Group’s Silicon Valley Bank, Silvergate Capital Corp. and Signature Bank — have set off a fresh set of stresses.
SVB’s failure triggered a knock-on effect in the crucial market for stablecoins after digital-asset giant Circle Internet Financial Corp., one of the biggest issuers of the widely used tokens known for their perceived safety, revealed it had $3.3 billion of reserves with the bank. The news caused Circle’s token, USD Coin, to slip below its intended 1-for-1 peg with the dollar, sending a shock through the market.