DANI: IT’S 5 A. M. IN NEW YORK CITY.VONNIE QUINN IS ON ASSIGNMENT THIS MORNING. FUTURE STOP AS WALL STREET CEOS ONE OF AN EQUITY CORRECTION. MORE FROM THE SUN AND IN HONG KONG, COMING UP.A GUIDANCE BOOST IS NOT ENOUGH. PALANTIR IS EXTENDING POST EARNINGS DECLINE ON LOFTY VALUATIONS DESPITE SALES SURGE AND OUTLOOK RAISE. LIVE FROM SAO PAULO AT THE COP 30 CONFERENCE FOR CLIMATE.DON'T MISS OUR EXCLUSIVE INTERVIEW. WE STARTED OUT IN NOVEMBER WITH TECH SURGING AND OUTPERFORMING AND NOT BEING THE THING TO CARRY U ...

>> GOOD MORNING. THIS IS HORIZONS MIDDLE EAST & AFRICA. OIL EARNINGS.ARAMCO EXPECTED TO REPORT THAT HIGHER OUTPUTS AND RECOVERING REFINING MARGINS IS OFFSETTING SOFTER PRICES WHILE INVESTORS ARE WAITING FOR MORE UPDATES ON THEIR DIVESTMENT PROGRAM. ELECTION DAY IN THE UNITED STATES PRESIDENT DONALD TRUMP ENDORSES ANDREW CUOMO FOR MAYOR AND THREATENED TO WITHHOLD FEDERAL FUNDING IN AN EFFORT TO PREVENT DEMOCRAT ZOHRAN MAMDANI FROM WINNING. RISK OFF.ASIAN STOCKS AND UNCERTAINTY. IT HAS JUST GONE 9:00 A. M.ACR ...

Market Outlook - The market is currently in a CapEx bubble, expected to burst naturally at some point [1] - The current selloff is considered mild, with potential for further continuation [2] - Expectation of a more volatile stage in the market, possibly entering now [3] - The cycle is quicker and less volatile compared to the dotcom bubble [3] Dollar and US Assets - The dollar is expected to strengthen into year-end, but not parabolically [5][9] - Potential upside for yields amid uncertainty about the Fed's next move [5][6] - Extreme risk aversion could lead to a short-term dollar boost from deleveraging [7] - US stock market bounce will support the dollar due to inflows [8] Bond and Equity Market Dynamics - Equity traders are currently leading fixed income traders in this cycle [10][11] - Equity traders believe the bubble hasn't burst yet, so stocks lead fixed income for now [11]

Tech, sports, entertainment and fashion became subsectors we focused our lens on because what we wanted to do was follow a simple idea, that we take very seriously, which is that with the advent of technology today, there are businesses based in the African continent that will demonstrate capability to capture growing pools of foreign based revenues. And that's true in technology, If you look at the fintech sector, you have a lot of businesses that capture such stream of income because of remittances. If yo ...

New Yorkers have a lot to think about today. Obviously, Trump's words will have some impact on the electorate today. But also New Yorkers are facing the whole issue of the cost of living, which is which is Mamdani's complete platform.But the risk of losing funding is obviously potentially disturbing to New Yorkers. It's something like 6% or something of the New York budget, approximately, comes from it comes from federal federal funding. What are the potential what what would a win.I mean, very much the pol ...

Most of the uh growth economy, Sweden, uh Croatia, Hungary, Italy have worked out environment are abolishing their environmental tax on air travel because they're if you like a break on growth and and they're being rewarded with dramatic growth. We're switching capacity to those countries. The three countries who don't get it are the dumb Germans, the stupid French, and Rachel Reeves, who you know got elected a year ago here in the UK on a campaign to deliver growth.We wrote to her said, "Congratulations, a ...

Quite a buzz in Hong Kong. Buzz, Real buzz, right. You've been here. You come here a lot.Many, many times you feel different. Feels good. Okay.Feels good. What's different, do you feel. I think people sense that some of the US-China tension has normalised a bit and that the capital markets are receptive to new products.I mean, the reality is that China progress through Covid and coming out of COVID has been spectacular across multiple industries, as you well know. You report on every day I will Biotics, Eev ...

Deal Overview - Starbucks is selling a majority 60% stake in its China unit to private equity firm Boyu Capital for $4 billion [1][3] - Boyu Capital will finance the deal with over $1 billion in leveraged loans from Chinese banks [3] Boyu Capital's Advantage - Boyu Capital, as a Chinese private equity firm, possesses stronger onshore connections beneficial for Starbucks in China [2] - Boyu's connections and strategy helped it beat out other global private equity firms interested in the stake [4] - Boyu recently closed a big deal for China's biggest chain of luxury malls, SKP, potentially creating synergies for Starbucks outlets [3][4] Starbucks' China Strategy - Starbucks has been facing pressure from local Chinese coffee chains like Luckin, which has surpassed them in size [5][6] - Starbucks has maintained a premium model with higher prices and larger stores, differentiating itself from competitors [6][7] - The entry of private equity may lead to significant changes in Starbucks' China strategy, potentially focusing on faster margin growth [7][8] - The future Starbucks in China might be unrecognizable from Starbucks elsewhere, with a Chinese firm now in charge [8]

Samandu. This is Africa's biggest ever mining project built on the world's largest untapped deposit of iron ore. And this is the story of how it went from being an ambitious dream to the cusp of reality.Iron ore is the raw material used to make steel with a global market worth about $300 billion a year. And yet the deposits at Samandu, which Riotinto started exploring almost three decades ago, remained trapped under the mountains. Its extreme remoteness, military coups, and corruption scandals paralyzed the ...

[CC may contain inaccuracies] Very good conditions. We're in an equity bull market. Mag seven and everything else.We've had this historic meeting last week between the two presidents, US and China. What do you what do you make of are the state of play right now. Are we in a much better position than we were at the start of the year.Well, it seems like the meeting was constructive. I'm I'm watching the news the same way here, all watching the news. I think at the moment, you know, de-escalation is a good thi ...