Business

Nigeria's plan to tax crypto transactions could undermine adoption, industry says

Smashburger CEO on Franchising, Cyclospora Outbreak and Pricing

Smashburger CEO Jim Sullivan explains why the restaurant chain is doubling down on franchising. Speaking on "Bloomberg Open Interest," Sullivan also comments on the recent outbreak of cyclosporiasis and the company's pricing strategy…

Oil Rises as Market Awaits Iran-Oman Hormuz Deal Details

Iran said an agreement with Oman on proposed shipping lanes that partially reopens the Strait of Hormuz is in the final stages. In recent days, the US and the Islamic Republic have indicated a resolution is close. Kailey Leinz has the…

Bloomberg Surveillance 8/6/2026

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. (Source: Bloomberg)

Market share of global car brands in Russia reaches 15% in July returning to record levels

Among global brands, Japanese models are most popular

Russia Rolls Back Fuel Quality Standards to Quell Domestic Shortages

Euro-2, Euro-3 and Euro-4 standard fuels will be allowed to be sold on the market through July 1, 2027, according to a government decree.

Can Australia make housing affordable while avoiding a major market crash? We may soon find out

Politicians’ fever dreams of ‘sustainable price increases’ – where values keep rising but by less than wages – could happen Get our breaking news email , free app or daily news podcast The Reserve Bank has hiked interest rates and the…

Paramount concessions lead UK to approve takeover of Warner Bros

Culture secretary Lisa Nandy says she will not intervene in £85bn deal after securing guarantees on Channel 5 The UK culture secretary, Lisa Nandy, has said she will not intervene in Paramount’s proposed acquisition of Warner Bros…

EasyJet agrees £5.7bn takeover from US private equity firm

Airline says it has accepted offer from Apollo Global Management after rival bidder Castlelake walks away EasyJet has formally agreed to a £5.7bn takeover from US private equity firm Apollo Global Management. The airline announced it had…

As a woman of color who travels alone, is it a waste of money to visit places with zero diversity?

“I don’t want to spend a bunch of money and have a bad time.”

Cascade Wellness Resort in Lagos opens new Italian restaurant

The recently rebranded Cascade Wellness Resort by Domes has expanded its dining offering with the opening of Antonino’s, a new Italian restaurant celebrating traditional recipes, artisan ingredients and Mediterranean hospitality. The post…

Traders on Kalshi now think it's likely that the S&P 500 will hit 8,000 in 2026

The rise in odds come after the broad index hit record highs in a more than 5% four-day rally that ended Wednesday.