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India ramps up oil imports from Saudi Arabia after price cut

INDIA RAMPS UP OIL IMPORTS FROM SAUDI ARABIA AFTER PRICE CUT

India's state-owned refiners are ordering their regular volumes of Saudi crude oil for June after the Kingdom reduced its prices, Reuters...

THE ART PARTY CIRCUIT COMES ROARING BACK AT FRIEZE NEW YORK

But even Michael R. Bloomberg, whose name graces the building, got stuck outside the Shed until he provided the proper Covid documentation.

 
 
 
The CFO of the world's largest hedge fund is joining crypto firm NYDIG

THE CFO OF THE WORLD'S LARGEST HEDGE FUND IS JOINING CRYPTO FIRM NYDIG

Summary List Placement John Dalby, CFO of Bridgewater Associates, is joining NYDIG, according to a statement Friday . At NYDIG, a provider...

A Company In England Is Building Small, Drivable Replicas Of Classic Cars

A COMPANY IN ENGLAND IS BUILDING SMALL, DRIVABLE REPLICAS OF CLASSIC CARS

Most of us will probably never get the chance to own something like an Aston Martin DB6 or a Ferrari 250 GT. But, as Bloomberg reports,...

 
 
 
Goldman Sachs is offering bitcoin derivatives to investors as it expands its offerings in the $1 trillion market

GOLDMAN SACHS IS OFFERING BITCOIN DERIVATIVES TO INVESTORS AS IT EXPANDS ITS OFFERINGS IN THE $1 TRILLION MARKET

Summary List Placement Goldman Sachs on Thursday began trading non-deliverable forwards, a derivative product tied to bitcoin 's price,...

Archegos may wind down as banks seek to recoup billions in losses, report says

ARCHEGOS MAY WIND DOWN AS BANKS SEEK TO RECOUP BILLIONS IN LOSSES, REPORT SAYS

Summary List Placement Archegos Capital Management is reportedly preparing for insolvency as banks seek to regain roughly $10 billion...

 
 
 
Luxury gym chain Equinox is in talks to go public via merger with Chamath Palihapitiya-backed SPAC

LUXURY GYM CHAIN EQUINOX IS IN TALKS TO GO PUBLIC VIA MERGER WITH CHAMATH PALIHAPITIYA-BACKED SPAC

Summary List Placement Equinox Holdings is in talks to go public via a SPAC merger with Chamath Palihapitiya's Social Capital Hedosophia,...

UBS chairman apologizes for Archegos loss and promises to enforce more transparency

UBS CHAIRMAN APOLOGIZES FOR ARCHEGOS LOSS AND PROMISES TO ENFORCE MORE TRANSPARENCY

Summary List Placement UBS Group Chairman Axel Weber apologized for the loss the bank suffered amid the Archegos Capital Management...

 
 
 
Reddit's WallStreetBets members were targeted in a scam that reaped Binance coins worth $2 million through Telegram, report says

REDDIT'S WALLSTREETBETS MEMBERS WERE TARGETED IN A SCAM THAT REAPED BINANCE COINS WORTH $2 MILLION THROUGH TELEGRAM, REPORT SAYS

Summary List Placement A Telegram account that seemed to be linked to Reddit's WallStreetBets forum, but is not actually affiliated...

The Witcher 3 Director Resigns from CD Projekt Red After Accusations of Bullying

THE WITCHER 3 DIRECTOR RESIGNS FROM CD PROJEKT RED AFTER ACCUSATIONS OF BULLYING

Konrad Tomaszkiewicz, the director of The Witcher 3: Wild Hunt , CD Projekt Red's most successful game, has resigned, according to...

 
 
 
Goldman Sachs just told its US staff they need to be back in the office by June 14 in one of the earliest back-to-office pushes on Wall Street

GOLDMAN SACHS JUST TOLD ITS US STAFF THEY NEED TO BE BACK IN THE OFFICE BY JUNE 14 IN ONE OF THE EARLIEST BACK-TO-OFFICE PUSHES ON WALL STREET

Summary List Placement The time is ticking on remote work at another Wall Street firm. Goldman Sachs is asking its US employees to...

Bill and Melinda Gates reportedly didn't sign a prenup. With nearly $150 billion at stake, they will split their property according to a 'separation contract' they've agreed instead

BILL AND MELINDA GATES REPORTEDLY DIDN'T SIGN A PRENUP. WITH NEARLY $150 BILLION AT STAKE, THEY WILL SPLIT THEIR PROPERTY ACCORDING TO A 'SEPARATION CONTRACT' THEY'VE AGREED INSTEAD

Summary List Placement Bill and Melinda Gates never signed a prenuptial agreement, but they do have a "separation contract" that stipulates...

 
 
 
Tile CEO tells Bloomberg that Apple has it at a disadvantage over AirTag

TILE CEO TELLS BLOOMBERG THAT APPLE HAS IT AT A DISADVANTAGE OVER AIRTAG

What you need to know Tile CEO CJ Prober has been talking to Bloomberg about Apple's advantages over its products. Apple recently released...

Gatheround raises millions from Homebrew, Bloomberg and Stripe's COO to help remote workers connect

GATHEROUND RAISES MILLIONS FROM HOMEBREW, BLOOMBERG AND STRIPE'S COO TO HELP REMOTE WORKERS CONNECT

Remote work is no longer a new topic, as much of the world has now been doing it for a year or more because of the COVID-19 pandemic. Companies...

 
 
 

MONDAY: ISM MFG, CONSTRUCTION SPENDING, VEHICLE SALES AND MORE

Weekend: • Schedule for Week of May 2, 2021 • Q1 2021 GDP Details on Residential and Commercial Real Estate Monday: • At 10:00 AM ET,...

HELP, WE CAN'T STOP WRITING ABOUT ANDREW YANG

The outsider brings provocative ideas and good vibes. But can an “empty vessel” really make it through New York's shark-infested media...

 
 
 
Get Ready For The Most Painful Inflation Since The Jimmy Carter Years Of The 1970s

GET READY FOR THE MOST PAINFUL INFLATION SINCE THE JIMMY CARTER YEARS OF THE 1970S

If you are too young to have been alive during the 1970s, you might want to read up on that decade, because current economic conditions...

Barclays CEO Jes Staley discussed his bank's performance, the Archegos debacle, and growth in the UK economy in a new interview. Here are the 8 best quotes

BARCLAYS CEO JES STALEY DISCUSSED HIS BANK'S PERFORMANCE, THE ARCHEGOS DEBACLE, AND GROWTH IN THE UK ECONOMY IN A NEW INTERVIEW. HERE ARE THE 8 BEST QUOTES

Summary List Placement Barclays CEO Jes Staley sat down with Bloomberg on Friday to discuss his company's first-quarter performance,...

 
 
 
CD Projekt heads will receive large bonuses despite Cyberpunk 2077's troubled launch

CD PROJEKT HEADS WILL RECEIVE LARGE BONUSES DESPITE CYBERPUNK 2077'S TROUBLED LAUNCH

It looks like the bosses and board members of CD Projekt will receive large bonuses for Cyberpunk 2077 despite the game's troubled...

Chinese economic activity loses steam after record post-Covid recovery

CHINESE ECONOMIC ACTIVITY LOSES STEAM AFTER RECORD POST-COVID RECOVERY

The manufacturing and services sectors in China slowed their expansion in the first month of the second quarter, as companies faced...