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Hong Kong, UAE solidify financial links with deeper regulatory ties, digital assets focus

Deeper regulatory ties and a shared push for new growth sectors are expected to give fresh impetus to cross-border investment flows between China and the Middle East, according to industry players and a United Arab Emirates (UAE) regulator. Hong Kong would benefit from the increased China-Middle East cooperation as the city develops into “a key hub for Middle Eastern capital to deploy in Asia and an important gateway for Chinese capital to go global to the Middle East,” said Linda Cai, inbound...

China’s tech giants pursue AI, semiconductor talent in US as competition intensifies

Major Chinese technology companies, including ByteDance and Baidu, are aggressively expanding their US-based research and development teams, targeting high-level artificial intelligence and semiconductor recruits in key American tech hubs. The overseas hiring spree underscores these “big tech” firms’ growing ambitions to build up their skilled workforce in AI systems development and semiconductor design amid increased competition in their home market. Social media giant ByteDance, the parent...

‘Narco-Submarine’ Carrying 4 Tons of Cocaine Captured by Mexico's Navy

Following increased surveillance and patrols of routes used by transnational drug-trafficking networks, Mexican authorities have seized approximately 10 tons of cocaine in the past week alone.

China Signals Increased Support for Iran as US Prepares Potential Strike

Published: 20260221T021500Z

Sarah Bond is leaving Xbox

Sarah Bond during the May 2024 Bloomberg Technology Summit. | Photo: Bloomberg via Getty Images Sarah Bond, the president and COO of Xbox, is leaving the organization, along with CEO of Microsoft Gaming Phil Spencer. Her departure is being announced at the same time as Spencer's, with Asha Sharma moving into the EVP and CEO of Gaming role and Matt Booty being promoted to EVP and chief content officer. Microsoft is making the changes as it is undergoing some dramatic shifts to its Xbox plans, including bringing Windows and Xbox closer together to empower devices like the Xbox Ally handheld instead of relying entirely on first-party Xbox hardware. The company is also navigating increased pressures on the Xbox business, major layoffs, an … Read the full story at The Verge.

German leader Friedrich Merz will visit China next week to deepen trade and cooperation

Germany aims to find “the right balance of cooperation” with China. The visit comes at a critical time for German car makers who face increased Chinese competition.

US Q4 GDP Grows Smaller-Than-Forecast 1.4% on Shutdown Impact

The US economy grew less than expected at the end of last year, as inflation-adjusted gross domestic product increased an annualized 1.4% in the fourth quarter. Overall, the economy expanded 2.2% last year. Michael McKee breaks down the numbers on Bloomberg Television. (Source: Bloomberg)

Scientists find cancer-linked chemicals in popular hair extensions

A sweeping new study has uncovered a troubling mix of hazardous chemicals in popular hair extensions, including products made from human hair. Researchers detected dozens of substances linked to cancer, hormone disruption, reproductive harm, and immune system effects in nearly every sample tested. Some products contained flame retardants, organotins, and chemicals associated with increased breast cancer risk, and several exceeded European safety thresholds.

Five ways increased militarization could change scientific careers

EU set to spend €5M more on private jets than it did in 2021

Figure represents a 50 percent increase, which Commission says is because of "the broader geopolitical context and increased volatility in international affairs."

Natural gas, renewables can help Democrats on energy affordability

The U.S. is facing rising energy costs and increased risk of blackouts due to growing demand, and a balanced energy approach of natural gas and renewables is needed to ensure reliability and affordability.

Buy America Is Still the Go-To Trade for Global Investors

Overseas investors purchased an increased amount of US stocks and bonds last year.

Housing Starts Rise to Five-Month High in Broad Increase

New residential construction in the US rose to a five-month high in December, as homebuilders boosted production to take advantage of lower borrowing costs. Housing starts increased 6.2% to an annual pace of 1.4 million homes in December, according to figures released Wednesday by the government, which were delayed by fall’s federal shutdown. That beat all estimates in a Bloomberg survey. The advance was broad-based, with both single-family home starts and apartment projects rising at year’s end. The number of one-family homes started was the highest since February. Kamini Lane, President and CEO of Coldwell Banker Realty, joins Bloomberg Businessweek Daily to discuss. Lane also weighs in on this week's mortgage rate data, the current real estate market in cities like Los Angeles, and more. She speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

Potential Democrat Midterms Wins Could Mean Oversight Crackdown on Corporations

Matthew Miller, partner at Vianovo and former spokesman for the State Department, broke down his memo to clients previewing what to expect from a Democrat-led oversight committee if the party regains control of the House in the midterm elections. Miller said that there is an 'increased demand' among Democrats to go after companies that have cut deals with the White House. It could also mean attempts to gain access to information from CEOs that the Trump Administration would otherwise not release. (Source: Bloomberg)

US factory output hits one-year high as manufacturing sector recovers

US factory production increased by the most in nearly a year in January, offering hope for a manufacturing sector that has been squeezed by import tariffs and high interest rates. Manufacturing output rose 0.6 per cent last month, the largest gain since February 2025, after being unchanged in December, the Federal Reserve said on Wednesday. Economists had earlier forecast production for the sector, which accounts for 10.1 per cent of the economy, would rise 0.4 per cent. Output in December was...

Sugary drinks linked to rising anxiety in teens

Sugary drinks may be linked to more than just physical health problems in teens. A new review of multiple studies found a consistent association between high consumption of beverages like soda, energy drinks, sweetened juices, and flavored milks and increased anxiety symptoms in adolescents.

US Insurers’ Dollar Hedging in 2026 Tops ‘Liberation Day’ Fever

Insurers have been rushing to buy forward contracts on the dollar as they seek to hedge against the greenback’s increased volatility since the start of the year.

Canva gets to $4B in revenue as LLM referral traffic rises

The creative company's monthly active users increased 20%, growth that was partially propelled by adoption of its AI tools.

Women scientists and engineers surge across the EU, new data shows

While the number of female scientists and engineers in the EU has increased over the past decade, women are still widely underrepresented in these fields.

Greater air pollution exposure is linked to increased Alzheimer’s risk, research finds

People with greater exposure to air pollution may have a higher risk of developing Alzheimer’s, according to a new study.

US strikes on three more alleged drug trafficking boats kill 11 people, military says

Monday's round of attacks increased the number of fatalities to at least 145 since the Trump administration began targeting people it refers to as "narcoterrorists" aboard small boats in Caribbean waters.

The best deals on MacBooks right now

Apple currently sells MacBooks equipped with its own M-series processors in a wide range of sizes and price points, all of which run the company’s newest operating system, macOS 26. Purchasing a new MacBook can be complicated if you’re trying to figure out what specs you need, but finding a deal on a relatively speedy model is surprisingly easy, especially since Apple increased the starting RAM on several models in late 2024 and hasn’t stopped. These days, it’s not uncommon to see various MacBooks discounted by up to $800, although the quality of deals fluctuates frequently. Alternatively, purchasing refurbished options directly from Apple is another way to save money without waiting for the changing deal winds to blow your way. It’s also the only option to find certain configurations of older models as Apple continues to move forward with newer releases. Apple’s refurbished store offers a one-year warranty and generally discounts new units by up to 20 percent. But if you want to buy new and you’re looking to save whatever you can, here are the best MacBook Air, MacBook Pro, and Mac Mini deals available. The best MacBook Air deals M4 MacBook Air In March 2025, Apple released an updated MacBook Air, which comes in both a 13- and 15-inch configuration with an M4 processor. Interestingly, the latest Air starts at a lower price than the prior model, yet it offers slightly faster performance and twice as much base RAM at 16GB. It can also connect to two external monitors with the lid open, comes in a fresh sky blue color, and features the 12-megapixel Center Stage webcam from the latest MacBook Pro. Needless to say, there’s a lot to like. The 13- and 15-inch MacBook Airs have both previously received sizable discounts, though there aren’t any notable deals happening right now. That said, you can pick up the 13-inch base model with a 10-core CPU, an eight-core GPU, 16GB of RAM, and 256GB of storage on sale at Amazon for $849.99 ($150 off) in most color options. The lowe

Consumer Pressures General Mills Amid Price Cuts

The challenges General Mills is facing as consumers increasingly trade down to cheaper private label and discount brands, including in categories like pet food. Despite General Mills lowering prices to boost volume, the strategy has not been sufficient to sustain profit growth. Emily Cohen noted that during the pandemic, pet spending surged with increased pet ownership, but now consumers are cutting back on premium pet products. (Source: Bloomberg)

Munich Re Unit to Cut 1,000 Positions As AI Takes Over Jobs

Munich Re’s primary insurance unit Ergo aims to cut about 1,000 positions in Germany, partly as a result of its increased use of artificial intelligence.