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China Luxury Rebound: LVMH Is Set to Open Major Stores in Beijing
Bloomberg Television· 2025-11-11 08:20
How significant then is this new wave of store openings for LVMH and its China strategy. At a time when we're thinking about deflation in China, a pretty weak consumer housing market that is certainly not recovered. What is driving the shift back towards luxury spending if indeed we are seeing that.Right. So the scale of the new store openings is certainly significant because we're talking about four major LVMH brands, including Louis Vuitton, Dior, Tiffany and Loro Piana, and they're all opening multi-stor ...
BBC Apologizes to Trump for Misleading Edits of His Remarks
Bloomberg Television· 2025-11-11 07:36
Controversy & Resignations - BBC's editing of a documentary featuring Donald Trump's remarks led to accusations of bias [1][2] - The edit involved splicing Trump's speech on January 6th, 2021, potentially misrepresenting his message [1][2] - White House accused BBC of being "100% fake news" and a leftist propaganda machine [3] - Director General Tim Davyy and BBC News CEO Deborah Turnis resigned following the controversy [3] Political & Financial Implications - Donald Trump welcomed the resignations, accusing BBC of attempting to influence the US presidential election [4] - The dispute occurs amidst accusations of bias and criticism of BBC's handling of the war in Gaza [4] - The controversy precedes crucial talks with the UK government regarding BBC's funding model and annual license fee, which could impact the institution's future [4]
Swiss Relief: Trump Confirms US Is Working on Deal to Reduce Tariffs
Bloomberg Television· 2025-11-11 06:51
What do we know then about this potential deal between the Swiss and the US. Well, as you were saying, our reporting shows that the Swiss are optimistic they'll get this rate down to 15%, which would bring it into line with the EU. And obviously, a significant amount of relief there for the Swiss.Donald Trump was asked about it. He said that he thinks there also might be a deal before too long, but he wasn't drawn on that essential figure of 15%. What we know is the Swiss have been mounting essentially a ch ...
Syria's Al-Sharaa Meets Trump, Wins More Sanctions Relief
Bloomberg Television· 2025-11-11 06:33
Ahmed al-Sharaa has met with U.S. President Donald Trump at the White House. The Syrian leader pledged to join a US led coalition to defeat the Islamic State. U.S. Secretary of State Marco Rubio has also suspended comprehensive sanctions on Syria for 180 days.Trump described al-Shara as a tough leader while hinting at further announcements could be coming soon. You can expect some announcements on Syria. We want to see Syria become a country that's very successful and I think this leader can do it.I really ...
Resilient Australian Economy Fueling Dealmaking, UBS Says
Bloomberg Television· 2025-11-11 03:51
GLOBAL HEAD BANK OF BANKING AT UBS AND COHEAD OF THE BUSINESS IN AUSTRALIA AND NEW ZEALAND. I WANT TO PICK UP ON A POINT THAT AVERILL WAS MAKING ABOUT GOOD CONSUMER CONFIDENCE NUMBERS WE'VE HAD, HIGHEST IN NOVEMBER. IT GOES TO WHAT WE'VE HEARD FROM THREE OF THE BIG BANKS LAST WEEK.THEY ARE ALL SOUNDING UPBEAT ABOUT CREDIT QUALITY, BUSINESS CONFIDENCE AND THE CONSUMER SECTOR AS WELL. IS THAT THE WAY HE WOULD CHARACTERIZE THE AUSTRALIAN ECONOMY AT THE MOMENT. FROM AN ECONOMIC PERSPECTIVE, YES.WE HAVE SEEN IF ...
Singapore: the island country that got housing right
Bloomberg Television· 2025-11-11 01:00
What is it about Singapore that makes it I don't know why I sort of assumed they did the same 99-year land base and that similar >> this is the most interesting thing they start off with all the inherited things that Hong Kong starts off with. You know up until the middle of the 20th century the cities are run on very very similar lines. Hong Kong goes off in one direction and Singapore goes off in another.And the Singaporean direction is basically how do you maximize home ownership right um permanently. Ho ...
NM congresswoman: Americans done with “evil” leadership #shorts #politics #shutdown #trump
Bloomberg Television· 2025-11-10 23:57
It was a big night for Democrats on Tuesday. The very next morning, the president of the United States was blaming the shutdown in part for those electoral losses and he told Republican senators to figure out a way out of this, which is why it seemed like Democrats were winning the messaging war and polls would suggest that that's the case as well. Now that this has happened, Congresswoman, does it derail efforts by Democrats to retake the House in the midterms.You know, I think that Tuesday's message from ...
Stocks Rally on Hopes for Shutdown Deal | Closing Bell
Bloomberg Television· 2025-11-10 23:03
Market Performance & Trends - Nasdaq 上涨超过 2%,标普上涨 1.5%,整体市场风险偏好较高 [2] - 半导体板块表现强势,大部分股票上涨 [2] - 黄金上涨约 2.8%,与股市和加密货币市场的风险偏好不一致 [4] - 信息技术板块上涨约 2.7%,领涨各行业板块 [8] - Palantir 股票经历投资者重新评估,此前 Michael Barry 的 Scion Asset Management 披露持有价值约 9.12 亿美元的看跌期权 [9] Company Specific News - Micron Technology 股价上涨约 6.5%,成为标普和纳斯达克 100 指数中的领涨股 [11] - TSMC 的 ADR 上涨约 3%,尽管其增长率降至 18 个月以来的最低水平 [12] - e.l.f Beauty 宣布在墨西哥 Ulta Beauty 正式推出品牌后,股价上涨超过 8% [13] - C3 股价一度上涨 12%,因有消息称该公司正在探索潜在出售或其他选择,最终收盘上涨约 3.6% [13] - Centene 股价下跌 8.8%,原因是立法者即将结束政府停摆,但未能延长《平价医疗法案》 [14] - Oscar Health 股价下跌 17.5% [16] - American Airlines 股价下跌 2.5%,该公司表示周末运营因政府停摆而面临挑战,取消了 1400 架次航班,延误超过 57000 分钟,影响了 25 万名客户 [17][19] - Met Sarah 股价下跌近 15%,此前 Novo Nordisk 拒绝进一步提高对该公司的收购要约 [20] Paramount Skydance - 公司预计总效率将提高 30 亿美元以上 [22] - 计划在 2026 年第一季度初在美国实施价格上涨 [23] - 计划额外裁员 1600 人 [24] - 预计 2026 年收入约为 300 亿美元 [30] The RealReal - 第三季度调整后每股亏损为 0.04 美元,低于预期的 0.056 美元 [24] - 第四季度营收预计为 1.88 亿至 1.91 亿美元,高于预期的 1.795 亿美元 [25]
Trump backs the bipartisan shutdown deal reached in the Senate #politics
Bloomberg Television· 2025-11-10 23:00
Do you personally approve of the deal that's happening right now on Capitol Hill to end the government. >> Well, it depends what deal we're talking about, but if it's a deal I heard about that's certainly, you know, they want to change the deal a little bit, but I would say so. I think based on everything I'm hearing, they haven't changed anything and we have support from enough Democrats and we're going to be opening up our country.It's too bad it was closed, but we'll be opening up our country very quickl ...
Trump Says Close to #India Trade Deal to Bring Tariff Rate Down
Bloomberg Television· 2025-11-10 22:59
Well, right now the tariffs are very high on India because of the Russian oil and they've stopped doing the Russian oil. It's it's been reduced very substantially. Yeah, we're going to be bringing the tariffs down.You know, we're making a deal with India, much different deal than we had in the past. So, right now they don't love me, but they'll love us again. Uh we're getting a fair deal, just a fair trade deal.We had pretty unfair trade deals. They're very good negotiators, sir. Just you have to take a loo ...