flash-finance

TotalEnergies SE’s oil trading activities generally earn the company about $2 billion per year, Chief Executive Officer Patrick Pouyanné said, a rare comment on the vast size of the oil trading operations of some of Europe’s majors.

Bank of England Governor Andrew Bailey comments on the recent concerns about the private credit market during an interview with Bloomberg's Stephanie Flanders at a central banking conference in Iceland. (Source: Bloomberg)

ECB appoints three Directors General

Dollar heads for small weekly loss on Middle East peace deal expectations Reuters

Oil tumbles, stocks gain on US-Iran deal hopes Reuters

Pulay for a day

The UK’s much-discussed relationship with the bond markets may be dysfunctional, but it isn’t particularly complicated. It boils down to one basic fact about humanity: Nobody thinks kindly of the people who lend them money.

Global fuel crisis adds urgency to Cambodian push to tap $300 billion energy resources Reuters

It’s not too soon to start learning lessons from the dramatic removal of BP Plc chair Albert Manifold and his vigorous reaction to his ousting. The situation already highlights the central challenges of having a non-executive chair sit at the heart of UK corporate governance.

Chevron CEO Mike Wirth discusses the risks for tankers transiting the Strait of Hormuz and says that multiple vessels have been attacked in recent days. “We see risks very real still in that environment,” Wirth said on “Bloomberg Surveillance.” (Source: Bloomberg)