News

Bond Traders Await Payrolls Print That May Vindicate Fed Caution

(Bloomberg) -- US Treasuries traded in a narrow range ahead of jobs data that may fuel bets policymakers will stay cautious, with interest-rate moves on hold for months. Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneHow London’s Taxi Drivers Navigate the City Without GPSTransportation Memos Favor Places With Higher Birth and Mar

Does This 1 New Development Make Bitcoin a Buy?

Let me clarify some terminology about how NFTs work on Bitcoin so you can understand the measurements you'll need to determine how significant a catalyst this might be. In short, the Ordinals protocol means it's possible to make "inscriptions," which are imprints of metadata processed by the blockchain, onto each satoshi -- each 0.00000001 of a Bitcoin.

Russia Faces an Impending Oil Tanker Crisis as Sanctions Pile Up: Oil Strategy

(Bloomberg) -- Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes Bloomberg oil strategist Julian Lee.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneHow London’s Taxi Drivers Navigate the City Without GPSTransportation Memos Favor Places With Higher Birth and Marr

L'Oreal takes stakes in Chinese, N.American clinics to understand medical aesthetics market

L'Oreal has taken stakes in clinics in China and North America in order to observe and understand the medical aesthetics market, L'Oreal CEO Nicolas Hieronimus said in an earnings call on Friday. The company had announced in August the acquisition of a 10% stake in Swiss skin care firm Galderma. Hieronimus added that L'Oreal would be entering the nutricosmetics market with a new product and said more would be coming.