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China has ordered its companies to ignore US sanctions, an unprecedented act of defiance that threatens to trap a vast banking sector in the crossfire as tension rises between the world’s largest economies.
Source
Bloomberg Markets
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The United Arab Emirates’ surprise exit from OPEC gives it greater ability to accelerate investment and expand, the head of the country’s state-run oil company said.
US President Donald Trump says the US will begin guiding some neutral ships trapped in the Persian Gulf out through the Strait of Hormuz starting Monday. Also on the show: Dubai International Airport reported a 66% drop in passenger numbers in March; OPEC+ agrees modest quota hike after UAE exit; Senegal’s Faye says party at risk as tensions simmer with Sonko; GameStop pitches $56 billion takeover of eBay. Guests include: Deepak Mehra, Commercial Bank of Dubai Chief Economist, Paul Griffiths, Du
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, President Trump says the US will begin guiding trapped ships through the Strait of Hormuz, and the US will respond with force is there is interference. US Central Command says it will provide
India, the world's third-largest emitter of carbon dioxide, is burning more coal as demand for power rises, most of which is coal-fired.
