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(Bloomberg) -- OPEC Secretary-General Haitham Al-Ghais's speech in Brazil got off to a rough start after the power went out to the podium and a protester took to the stage.Al-Ghais was speaking in perfect Portuguese about the Organization of Petroleum Exporting Countries' oil outlook when the power failed. Then a woman raised a banner saying "Fair Energy Transition" and "Who Pays?" before she was swiftly escorted off the stage."What I love when I'm in Brazil is the energy of this country," Al Ghais said after power was restored.©2024 Bloomberg L.P.By Peter MillardReported by Author [Extracted from the article]

Gunvor Group, a major oil-trading firm, has hired Gary Pedersen to replace David Garza as the head of US trading. Pedersen previously worked at Millennium Management LLC, Northville, and Koch Supply & Trading. Garza has been with Gunvor USA since its establishment in 2017 and played a key role in its growth. Gunvor has cautioned that the market volatility that contributed to its recent success has subsided. [Extracted from the article]

Far-right parties in Europe are expected to make gains in the upcoming parliamentary election, but internal conflicts and scandals have weakened some nationalist groups. This may limit their political influence and give mainstream parties some breathing space. The largest political bloc in the current parliament is the center-right European People's Party, which is projected to retain its majority along with the Socialists and centrist-liberal Renew. The number of seats gained by the far right and their ability to form alliances will determine their policy priorities. [Extracted from the article]

The stock market experienced a mild rebound in the final days of a successful quarter, with the S&P 500 approaching a 10% rally for the year. Traders anticipate a potential push in the market due to "window dressing" before the end of the quarter. Economic readings showed steady US consumer confidence, although there was slight pessimism about the future outlook. The S&P 500 rose, led by Tesla Inc., while Apple Inc. underperformed. Treasury 10-year yields increased ahead of a sale of five-year notes. The S&P 500 is on track to achieve five consecutive months of gains, which historically indicates a bullish trend for US stocks. [Extracted from the article]

Banner Ridge Partners has successfully raised $2.15 billion for a secondary fund that will invest in distressed debt and special situations. The fund exceeded its target of $1.4 billion, with institutional investors such as pension funds and family offices making capital commitments. The secondary market for private funds saw a 25% decrease in global volume in the first half of 2023 compared to the previous year. Banner Ridge, founded in 2019, manages $7.3 billion and was established by Anthony Cusano and C.J. Driessen, who previously worked together at Siguler Guff & Co. [Extracted from the article]

Wall Street ended the year with stocks taking a break after a strong rally that brought the market close to all-time highs. The S&P 500 had a surge of over $8 trillion this year, defying concerns such as Federal Reserve uncertainty and recession fears. The index is on track for its longest weekly bull run since 2004. The US 10-year yield is expected to end the year where it began, after experiencing significant swings throughout the year. Key inflation data has fueled gains for equities and bonds, and the rally has been driven by the Federal Reserve's dovish pivot. Former Treasury Secretary Lawrence Summers warns that investors may be underestimating inflation risk. RBC Global Asset Management cautions that equity markets are vulnerable to a pullback if the US economy enters a mild recession. The lack of anxiety is evident in the low volatility levels, which could indicate investor complacency. [Extracted from the article]

Wall Street ended the year with stocks taking a break after a strong rally that brought the market close to all-time highs. Signs of exhaustion have emerged, leading to calls for a pause or pullback. The S&P 500 is still on track for its longest weekly bull run since 2004. The US 10-year yield is set to end the year where it began, after a year of significant swings. Key inflation data has fueled gains for equities and bonds, and the rally has been driven by the Federal Reserve's dovish pivot. Former Treasury Secretary Lawrence Summers warns that investors may be underestimating inflation risk. While concerns about an overstretched market persist, consolidation can help alleviate overbought conditions. Investors are also waiting to see if the stock market can achieve its ninth straight week of gains. [Extracted from the article]

Wall Street ended the year with stocks taking a break after a strong rally that brought the market close to all-time highs. Signs of exhaustion have emerged, leading to calls for a pause or pullback. The S&P 500 is still on track for its longest weekly bull run since 2004. The US 10-year yield is expected to end the year where it began, after a year of significant swings. Key inflation data and a dovish pivot by the Federal Reserve have fueled gains in equities and bonds. Former Treasury Secretary Lawrence Summers warns that investors may be underestimating inflation risk. While concerns about an overstretched market persist, consolidation can help alleviate overbought conditions. [Extracted from the article]

Wall Street ended the year with a pause in the stock market rally, which had been the longest winning streak since 2004. Signs of exhaustion have emerged as major equity benchmarks traded near or at all-time highs. Despite concerns about a potential pause or pullback, market sentiment remains positive, and 2024 is expected to be another strong year. The S&P 500 fell after approaching its January 2022 record, while the Nasdaq 100 is still on track for its best year since the dot-com era. The market's favorite volatility gauge, the VIX, remains low, suggesting investor complacency. While concerns about an overstretched market persist, consolidation can help alleviate overbought conditions. [Extracted from the article]

Novo Nordisk, the maker of the obesity drug Ozempic, experienced a surge in its stock value in 2023 due to the growing market potential of obesity drugs. However, analysts predict that the company's gains will slow down in 2024. Novo faces challenges such as increased competition, production issues, and a stretched valuation. While Novo is expected to maintain its dominance in the market, more competition is emerging. Despite these challenges, some believe that Novo's overall trajectory remains positive, and the company is exploring new opportunities in the weight-loss drug market. The performance of Novo Nordisk is likely to have ripple effects on various industries. [Extracted from the article]

(Bloomberg) -- Treasury yields posted some of their their biggest single-day declines all year on expectations that the Federal Reserve is likely done raising interest rates. US 10-year yields slid more than 18 basis points to 4.62% at one stage Tuesday, a day after two Fed officials expressed the idea that the recent surge in US yields may have done some of the job of tightening financial conditions for them. [Extracted from the article]

(Bloomberg) -- If you visit the beach near Miami this winter, you may witness technology designed to shake up both the aviation and advertising industries: a drone towing a large banner through the sky. Federal aviation authorities have approved the first drone operation to take on the age-old business of small aircraft that lug long airborne advertisements, according to an announcement by the company behind the concept, Sustainable Skylines Corp. [Extracted from the article]

The all-cash deal includes 60 hypermarkets and 115 supermarkets mostly in eastern and northern parts of the country where Carrefour has little presence, the French retailer said in a statement on Wednesday. (Bloomberg) -- Carrefour SA agreed to buy the Cora and Match banners in France from the Louis Delhaize group for an enterprise value of €1.05 billion ($1.2 billion), marking the retailer's first major acquisition in its domestic market in more than 20 years. [Extracted from the article]

The company, which boosted profit more than eightfold last year, is looking for funds or assets to boost its trading book, said Chief Executive Officer Bo Palmgren, who took over the helm this month. (Bloomberg) -- Danish energy trader MFT Energy P/s plans to sell a stake to raise more capital and continue its global expansion. [Extracted from the article]

How Beijing chooses to support the recovery at its upcoming annual policy meeting will now be the focus of markets from copper to crude and soybeans. (Bloomberg) -- Evidence of China's rapid economic rebound has reignited hopes of a banner year for demand in the world's top commodities importer. [Extracted from the article]

Ferrari Pays Out €13,500 Bonuses to Workers After Banner Year (Bloomberg) -- Ferrari NV is paying its employees the biggest bonus in years after the luxury-car maker beat expectations on sales and profit. It reported fourth-quarter sales and operating profit that beat analyst estimates. [Extracted from the article]

(Bloomberg) -- Citigroup Inc. named 52 people in its trading unit to the role of managing director, after revenue from the business surged this year on volatile markets. Citigroup has been investing in improving its underlying technology and beefing up risk management as part of its efforts to satisfy a pair of consent orders it entered into with regulators in 2020. [Extracted from the article]

(Bloomberg) -- Alphabet Inc.'s Google said it's rolling out a new European-wide policy allowing users to more easily avoid being tracked on the internet via cookies. Google to Roll Out Simple Cookie Rejection Banner in Europe ©2022 Bloomberg L.P. [Extracted from the article]

(Bloomberg) -- While most of the travel market is still reeling from the Covid pandemic, Puerto Rico has found opportunity amid disaster: wooing tourists barred from more exotic destinations. Despite being home to colonial architecture, powdery beaches and the only U.S. tropical rain forest, Puerto Rico's tourism industry hasn't been a powerhouse. [Extracted from the article]

(Bloomberg) -- Exxon Mobil Corp. will award U.S. employees below-inflation pay increases in early 2022 despite a strong rebound in earnings over the past 12 months. The oil giant will increase salaries by an average of 3.6% for those employees who performed with "merit", according to a company document seen by Bloomberg. [Extracted from the article]

(Bloomberg) -- Exxon Mobil Corp. will award U.S. employees below-inflation pay increases in early 2022 despite a strong rebound in earnings over the past 12 months. The oil giant will increase salaries by an average of 3.6% for those employees who performed with "merit", according to a company document seen by Bloomberg. [Extracted from the article]

Keywords: DAI@GR; GM; RNO@FP; STLA; ALLTOP; ALTNRG; AUTOMOTIVE; BON; BUSINESS; CMD; CONS; CONSD; COS; EUROPE; EURTOP; FRA; INDUSTRIES; MARKETS; NORTHAM; NRG; SEM; TEC; TMT; US; WORLD; WWTOP; WWTOPEU EN DAI@GR GM RNO@FP STLA ALLTOP ALTNRG AUTOMOTIVE BON BUSINESS CMD CONS CONSD COS EUROPE EURTOP FRA INDUSTRIES MARKETS NORTHAM NRG SEM TEC TMT US WORLD WWTOP WWTOPEU Stellantis NV raised its full-year profitability forecast substantially as strong demand and pricing carried the carmaker to much better-than-expected results for the first half. DAI@GR, GM, RNO@FP, STLA, ALLTOP, ALTNRG, AUTOMOTIVE, BON, BUSINESS, CMD, CONS, CONSD, COS, EUROPE, EURTOP, FRA, INDUSTRIES, MARKETS, NORTHAM, NRG, SEM, TEC, TMT, US, WORLD, WWTOP, WWTOPEU. [Extracted from the article]

(Bloomberg) -- Police pulled down opposition partybanners alleging misuse of central bank reserves toprotect the lira by President Recep Tayyip Erdogan'sson-in-law as he presided over the economy, deepening apolitical feud with its origins in Turkey's monetarypolicy. Erdogan the same month briefly installed amarket-friendly central bank governor who raisedborrowing costs until he was removed in March. Turkish Former Economy Czar Breaks Silence to BerateCritics The party accuses former Finance and Treasury MinisterBerat Albayrak, who resigned from the post in November,of using foreign reserves to prop up the currency as itcame under fire amid interest rate cuts. [Extracted from the article]

(Bloomberg) -- Last year may have been the worst in the history of the global aviation industry but for Nicolas Maduro's ragtag Venezuelan airline, business boomed. The airline, which is banned from flying to the U.S. as part of that country's wide-ranging sanctions against the Maduro regime, now has regular flights to five countries. Copa, one of the few airlines connecting Venezuela to the rest of the world via Panama, has seen its flights restricted to just eight a week from 35 before the pandemic. [Extracted from the article]

(Bloomberg) -- Bitcoin vaulted above $29,000 to reach yet another record level on the last day of 2020, in a fitting end to a groundbreaking year for the world's largest digital currency. Growing acceptance may help pave the way for a Bitcoin exchange-traded fund, opening the door to new investors. [Extracted from the article]

(Bloomberg) -- Bitcoin vaulted above $29,000 to reach yet another record level on the last day of 2020, in a fitting end to a groundbreaking year for the world's largest digital currency. That said, Bitcoin's massive December rally also has at least one technical indicator flashing red, suggesting the coin is "close to a top", Ayyar said. [Extracted from the article]

(Bloomberg) -- Bitcoin vaulted above $29,000 to reach yet another record level on the last day of 2020, showing no signs of slowing down its torrid December rally. That said, Bitcoin's massive December rally also has at least one technical indicator flashing red, suggesting the coin is "close to a top", Ayyar said. [Extracted from the article]

(Bloomberg) -- Bitcoin vaulted above $29,000 to reach yet another record level on the last day of 2020, showing no signs of slowing down its torrid December rally. Read more: Bitcoin Crushes Doubters as 224% Rally Proves It's Here to Stay Regulatory concerns also remain a wider factor for crypto investors. [Extracted from the article]

(Bloomberg) -- Bitcoin vaulted above $29,000 to reach yet another record level on the last day of 2020, showing no signs of slowing down its torrid December rally. Read more: Bitcoin Crushes Doubters as 224% Rally Proves It's Here to Stay Regulatory concerns also remain a wider factor for crypto investors. [Extracted from the article]

(Bloomberg) -- The good times for gold miners are expected to continue next year, especially for those that are able to tighten spending and increase returns to investors. The rally in gold prices has helped miners expand their margins and generate record levels of free cash flow, allowing many to pass on profits to shareholders already, Scotiabank analyst Tanya Jakusconek said. With none of those factors expected to change anytime soon, Credit Suisse analyst Fahad Tariq said he expects next year to be another "banner year for gold" with prices heading to an average of $2,100 per ounce. [Extracted from the article]

(Bloomberg) -- Fuel cell and solar stocks are soaring to some of their highest levels in years after the U.S. Congress included provisions in the pandemic relief bill to extend clean-energy tax credits. The roughly $900 billion pandemic relief bill now awaiting President Donald Trump's signature extends tax credits for solar and wind power projects as well as fuel cells. [Extracted from the article]

Freeport CEO Sees Banner Years Ahead After Gains Won in "Battle" (Bloomberg) -- With a tumultuous decade almost behind him and the prospect of banner years ahead, the longtime boss of global miner Freeport-McMoRan Inc. has little interest in retiring just as cash looks set to roll in. "Our Freeport family, our Freeport team, has gone to battle together", Chief Executive Officer Richard Adkerson, 73, said Tuesday in a phone interview. Adkerson said Freeport remains committed to the project, while PT-FI also is part of talks on an alternative plant with a Chinese company and the government. [Extracted from the article]

Freeport CEO Sees Banner Years Ahead After Gains Won in "Battle" (Bloomberg) -- With a tumultuous decade almost behind him and the prospect of banner years ahead, the longtime boss of global miner Freeport-McMoRan Inc. has little interest in retiring just as cash looks set to roll in. "Our Freeport family, our Freeport team, has gone to battle together", Chief Executive Officer Richard Adkerson, 73, said Tuesday in a phone interview. Adkerson said Freeport remains committed to the project, while PT-FI also is part of talks on an alternative plant with a Chinese company and the government. [Extracted from the article]

"Black Lives Matter" Banner Removed at U.S. Embassy in Seoul (Bloomberg) -- A large "Black Lives Matter" banner draped on the front of the U.S. embassy in Seoul was removed on Monday after it was brought to the attention of President Donald Trump and Secretary of State Michael Pompeo, according to people familiar with the matter. The U.S. Embassy "stands in solidarity with fellow Americans grieving and peacefully protesting to demand positive change", the embassy said Saturday on Twitter, posting a picture of the banner. [Extracted from the article]

"Black Lives Matter" Banner Removed at Seoul Embassy (Bloomberg) -- A large "Black Lives Matter" banner draped on the front of the U.S. embassy in Seoul was removed on Monday after it was brought to the attention of President Donald Trump and Secretary of State Michael Pompeo, according to people familiar with the matter. The U.S. Embassy "stands in solidarity with fellow Americans grieving and peacefully protesting to demand positive change", the embassy said Saturday on Twitter, posting a picture of the banner. [Extracted from the article]

"Black Lives Matter" Banner Removed at U.S. Embassy in Seoul (Bloomberg) -- A large "Black Lives Matter" banner draped on the front of the U.S. embassy in Seoul was removed on Monday after it was brought to the attention of President Donald Trump and Secretary of State Michael Pompeo, according to people familiar with the matter. The U.S. Embassy "stands in solidarity with fellow Americans grieving and peacefully protesting to demand positive change", the embassy said Saturday on Twitter, posting a picture of the banner. [Extracted from the article]

"Black Lives Matter" Banner Removed at U.S. Embassy in Seoul (Bloomberg) -- A large "Black Lives Matter" banner draped on the front of the U.S. embassy in Seoul was removed on Monday after it was brought to the attention of President Donald Trump and Secretary of State Michael Pompeo, according to people familiar with the matter. The U.S. Embassy "stands in solidarity with fellow Americans grieving and peacefully protesting to demand positive change", the embassy said Saturday on Twitter, posting a picture of the banner. [Extracted from the article]

Which is strange, because it seems to have lost the vote.The posters, which sport photos of President Recep Tayyip Erdogan along with the candidate, Binali Yildirim, a former prime minister, have been widely shared on social media including by the opposition candidate who ended up in front when the votes were counted, Ekrem Imamoglu. - Ekrem Imamoglu (@ekrem imamoglu) April 1, 2019\n\n","meta":{"site":"Twitter","title":"Ekrem Imamoglu on Twitter","author":"Ekrem Imamoglu","canonical":"https://twitter.com/ekrem%5fimamoglu/status/1112552887123619843","author%5furl":"https://twitter.com/ekrem%5fimamoglu","description":"Manipülasyon simdi de IBB eliyle sürüyor. ","twitterText":"An opposition candidate won the most votes in Istanbul. [Extracted from the article]

New England Patriots and New York Jets fans are battling it out thousands of feet above training camp. In part out of concern that Patriots fans would target his Marstons Mills, Massachusetts, company thinking it was the only operator in the New England skies, Siderwicz decided to protect his turf. [Extracted from the article]