Cuba is facing a new low in its energy crisis. No oil import at all for the first time in more than a decade. For years, Cuba depended on oil shipments from abroad.First Venezuela, then Mexico to keep its economy running. Now, both are gone. Venezuela shipments ceased after a US military operation captured its president.And Mexico says oil shipments are on hold given Trump's threat to impose tariffs on any goods from countries that sell or provide oil to Cuba. That's a major blow for an island that relies h ...

Bloomberg News Health Reporter Madison Muller reports on the latest on Novo's lawsuit. - Novo Nordisk said it’s suing Hims & Hers Health Inc. for making knock-offs of its obesity medicines, even as Hims scrapped plans to sell a copycat version of the Wegovy pill. Hims is breaching the US patent on semaglutide, the active ingredient in Novo’s blockbuster obesity treatments, Novo argued Monday. The US lawsuit attacks not only Hims’ new strategy to launch a copycat pill but also goes after shots that mimic Weg ...

Michael, what do think about the Ferrari numbers. I know you were at the Capital Markets Day that really brought this stock down so much last year. Yeah.Very good set of numbers this morning and much needed because, you know, the shares price is down over 40%. And part of that was because of the Capital Markets Day. They had underwhelming targets for 2030.Management probably focused a bit too much on their electric bev, which is just about to come up, and probably not enough on the v twelves, the limited ed ...

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. Chapters: 00:04:19 - Marvin Loh, State Street 00:15:58 - Terry Haines, Pangaea Policy 00:29:34 - Frances Donald, RBC 00:38:50 - Meghan Robson, BNP Paribas 00:52:08 - Eric Johnston, Cantor Fitzgerald 01:06:42 - Jon Lieber, Eurasia Group 01:17:44 - Mike Pyle, BlackRock 01:28:16 - Matthew Mish ...

Dan Towriss, CEO of Cadillac Formula 1, discusses the team’s entry into Formula One amid new regulations and competition from rivals including Ford, as well as Cadillac Formula 1’s Super Bowl ads. He speaks with Katie Greifeld and Matt Miller on “The Close.” -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysi ...

We're very confident. We started a little bit behind our competitors. Adrian only joined us in March.We didn't get our first wind tunnel car into the wind tunnel until uh April. So, slightly behind our competitors. I believe we're in their tunnels in January.Um we have a lot of new a lot of new partner with Honda, a new power unit. We have a new gearbox we're making for the first time. We uh we we have new sustainable fuels with our fantastic partner Ramco and Valvalene for our lubes and our engine and our ...

Tyler Sky high maybe understates it. 15%, 15% growth. Yeah.Jon, At this point, it's probably an understatement to say President Trump was trying to shed some light here on his hopes for an anticipated Fed chair, Kevin Warsh. It is unclear if the president was referencing year over year growth or some other metric, but underscores what could be intense pressure for the next Fed chair if and when he is confirmed. Now, perhaps behind this very rosy target is the fact that we are heading into the midterm electi ...

As Canada pivots trade away from the US and towards Asia, just walk us through what that strategy actually looks like in practice. Absolutely. Look, I'm happy to be here in your studios in Singapore, of course, for the Canada and Asia Conference.And it really speaks to our focus and our goal of doubling non-U.S. exports to the tune of $300 billion. And what does that mean. It means more opportunities for Canada here in the Indo-Pacific, in Asia.But of course, it means more opportunities in Europe for Canadi ...

Let's just talk about what they issued and how oversubscribed that debt issue was. Well, thank you very much. There's no two ways about it.It was a blockbuster. These are numbers we have never seen in the sterling market before. Just to give viewers some kind of backdrop, less than a year ago, we were talking about whether the sterling mark has become irrelevant and whether investors should be looking elsewhere.Comes now alphabet. And then we start seeing something like £30 billion of demand should be forth ...

Francis Donald of RBC writing. There will be no shortage of growth in 26, but it will be growth for markets, not growth for the people. Francis joins us now for more.Francis, good morning. Good to see you. Good morning.That's a really strong statement. What do you mean by it. It's a strong statement, but it's factual.This is jobless growth that's coming through into America. It's growth that's driven by CapEx, government spending, big emphasis on the supply side of the economy. But that's not necessarily a ...