It's been a bumpy road for Sheen since it opened its first physical store here on the top floor of the historic Beiji department store in central Paris. It only opened in early November, but it's already become a political lightning rod. French retailers that can't compete with Sheen's rock bottom prices are rallying their representatives to protect their interests.All while Sheen, which started in China and is now based in Singapore, faces criticism over its environmental impact and potential labor violati ...

Novo Nordisk US listed shares jumping in late trading after it secured FDA approval for a pill version of its weight loss. Jab Wegovy. The pill is expected to launch in the US in January.Let's get more from Bloomberg's pharma reporter, Amber Tong. Amber. Walk us through the significance of this.We've had, of course, the injection for quite some time. Why is a pill so important. Yeah.Oliver, This is really something that many people have been waiting for for a long time. As you said, Wegovy and Novo Nordisk ...

The Australian state of New South Wales intends to pass some of the toughest gun control laws in the country following last week's terrorist attack at Sydney's Bondi Beach. Other states are expected to follow suit while the Federal Government plans to launch a buyback of weapons. Bloomberg's Paul Allen joins us now with more.So Paul, first off, how much public support is there for such measures. Yeah, the support is fairly overwhelming. Overall.There was just a poll and one of the local media outlets today, ...

Market Trends & Observations - Buy Now Pay Later (BNPL) usage surged during the Thanksgiving to Cyber Monday period, increasing by 6 percentage points compared to the previous year [3] - Cyber Monday saw over $1 billion in e-commerce spending through BNPL services in the US, marking the first time it surpassed $1 billion in a single day [3] - The adoption of BNPL as a new financial instrument is considered notable, driven by its increasing availability at checkout with various retailers [4] Potential Risks & Concerns - The prevalence of BNPL raises concerns about consumers spending beyond their means, especially when considering Black Friday sales [1] - Rising default rates on credit cards, coupled with increased BNPL usage, may indicate a potential problem [2] - The fintech and retail industries might be collectively encouraging consumers to spend money they don't have [2] Retailer Perspective - Retailers find offering BNPL services beneficial, as it allows customers to avoid paying the full price upfront, potentially leading to increased sales [5] - BNPL services are particularly advantageous for retailers offering higher-priced goods [5]

Right. Welcome back. Let's talk about cars.So you're looking at the ultra luxury sedan out of Huawei. And I guess in terms of just relevance, right. It's become the top selling car above 100,000 USD in China.It's beating brands like Porsche, Mercedes Benz. It's billed as a rival to a Rolls-Royce or even a Bentley. And it comes with features such as auto parking, crystal buttons.If ever you think you needed to complete your life with something like that. Joining us here in chat to talk about the car, the pro ...

some of the White House team were in glossy photo shoots for Vanity Fair. What did you >> know that that that funny you mentioned that because I was just having a conversation uh last night with my my lovely wife and do this. Here's an assignment for your viewers here.Go to that Vanity Fair article and look at everybody they took a picture of. And every one of those persons and pictures looks demonic. demonic in that in those pictures. They frame those pictures in a way to to have you hate those people.And ...

First of all, I've got to ask, because we have seen all year long stocks rising in tandem with precious metals. This normally doesn't happen. Explain to us why that phenomenon is happening this year if you can.That's the harder question. Why it's a key thing is that gold is basically grabbing Alpha in a significant way. So it's up almost 70% on the year.S&P 500 is maybe 20%. So it's way over outperforming. I think part of it, the main thing is, was the May trigger was 2022, Russia's invasion of Ukraine and ...

Ted, what adoption do you want to see in 2026 to help bring together this mismatch. >> Well, it's a great question and thanks Caroline for having me and happy holidays. Um, listen, this cycle is probably the most robust I've seen in 30 year 30 plus years of doing this.So, the the overall GEI infrastructure is not going to change. Um, the the spend is still robust. Uh but in reality uh you have the socks up 42%. You have the NDX up 21%. And you have the IGV index which is the software kind of uh uh index for ...

With trillions of dollars of stock market value at stake, Wall Street analysts are asking a lot of questions about how artificial intelligence is being financed and developed. They're not yet all that concerned about how most companies are actually using that technology. In 2025, almost every tech company in the S&P 500 was asked about AI on earnings calls.But in other sectors like energy and healthcare, questions about AI are few and far between. That's because in many cases, analysts are prioritizing more ...

I'm thrilled to be joined by the leaders of nine of the world's largest pharmaceutical manufacturers. All very big names, celebrities in their own right, very very powerful people, and they head some of the most uh admired companies anywhere in the world. It's a great group to announce that they've agreed to offer many of their flagship drugs, really all of their flagship drugs at heavily discounted, most favored nations prices.In other words, whatever the drug sells for over the world in the world, whateve ...