Latest from Bloomberg
Bloomberg
7 minutes ago
- Business
- Bloomberg
Nigerian Lenders Unveil Asset Remedy Plans After Regulator Order
Top Nigerian banks will make provisions for non-performing loans and cut exposure to certain clients that are above regulatory thresholds, responding to a central bank directive that raised questions and hurt their shares. Falling into line with the regulator's request will enable them pay dividends, director bonuses and invest in foreign subsidiaries after Central Bank of Nigeria this week barred them from doing so until they get their books in order.
Bloomberg
16 minutes ago
- General
- Bloomberg
Why It's Time to Turn Down the Volume on Craft Beer
Hello! It's Tony Rehagen, your measured moderator of all things brew-related, here for your monthly serving of Top Shelf beer culture. In this edition, we'll be talking about resisting the bladder-busting trend going on in high-alcohol beer. But first your regular ration of industry news: I was in the gas station recently, picking up a six-pack of Dos Equis for a day on the deck, when I paused in front of the cooler and marveled at the selection of 'road sodas.'
Bloomberg
31 minutes ago
- Politics
- Bloomberg
Trump to Make Iran Decision in the Next Two Weeks
White House press secretary Karoline Leavitt quoted a statement from president Trump saying he will make a decision on potential strikes on Iran "within two weeks". (Source: Bloomberg)
Bloomberg
an hour ago
- Climate
- Bloomberg
No, Renewables Didn't Cause Spain's Grid Blackout
Confronted by an unprecedented and alarming situation, it can be hard to resist simplistic explanations. Blaming thunder and lightning on warring gods, as the ancients did, misses the real reason: that clouds can build up electrical voltages thousands of times higher than you'll find in a power line.
Bloomberg
an hour ago
- Business
- Bloomberg
EU's Dombrovskis Says ‘Making Progress' in Trade Talks With US
The European Union is continuing intensive trade talks with the US ahead of a July 9 tariff deadline set by President Donald Trump and is 'making progress,' according to EU Economy Commissioner Valdis Dombrovskis. 'Our preference is to find a mutually acceptable solution and in a sense to park those trade tensions,' he told a news conference after a meeting of euro-area finance ministers in Luxembourg on Thursday.
