Bloomberg Markets
Julie Macklowe, the Founder of the luxury whiskey brand Macklowe, joined Bloomberg Open Interest to talk about how tariffs on liquor ultimately punish American consumers through higher prices, and may even be contributing to younger generations drinking less. She also explains why convenience is driving her latest bet: a premium, ready-to-serve whiskey cocktail designed to make the traditionally "snobby" category more accessible. (Source: Bloomberg)
Bloomberg Markets
Saudi Arabia halted several energy facilities in the south, as the Iran-backed Houthi militants claimed fresh strikes on the kingdom. The Yemen-based Houthis said they targeted Saudi Aramco’s facilities in Abha, Najran and Jazan with ballistic missiles and drones, the group’s military spokesperson said in a statement. The attacks caused fires at several locations, and efforts were ongoing to contain the blazes, the Saudi energy ministry said on X, without naming the facilities.
While the target
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Bloomberg Markets
Prime Minister Mark Carney said he doesn’t believe in escalating the trade war with the US, but he argued counter-tariffs are necessary to cushion the blow for Canadian businesses and workers.
Financial Times
Russian president denies waging ‘hybrid war’ against Europe
Bloomberg Markets
Speaking after inaugurating the Global Fintech Fest, India's prime minister Narendra Modi said the country's reforms express will continue. (Source: Bloomberg)