Ben Bartenstein News Today

(Bloomberg) -- Russian commodities firms struggling to execute financial transactions with Chinese counterparts have started tapping a new method for settling deals — stablecoins.Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is a Booming Business in AustraliaUS Futures Rise on Apple ...

Sheikh Tahnoon bin Zayed Al Nahyan stands as a coveted figure, overseeing vast wealth and wielding substantial political influence.

(Bloomberg) -- As the US intensifies sanctions pressure on Moscow, Russia’s crude trade with India has begun to resemble a game of oil whack-a-mole. Just as one trader begins to lose prominence, another pops up.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingOil Erases Advance After Iranian Media Downplays Israel&#x201...

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(Bloomberg) -- BP Plc and the United Arab Emirates’ state oil firm suspended a $2 billion bid to buy a major stake in Israel’s NewMed Energy as the war in Gaza upends politics across the region.Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapEx-Wall Street Banker Takes On AOC in New York Democratic PrimaryChina Has Never Canceled This Many Shipments of US WheatUnited Tells Boeing to Stop Making Its Long Delayed Max 10sTrump Wins Republican Nom...

The UAE is on track to exit the Financial Action Task Force's "gray list" this week after a crackdown on illicit financial activities.

(Bloomberg) -- In a low-key second-floor office in the heart of Dubai’s bustling financial center, bankers working for Moelis & Co. are busier than ever — so much so that the firm has had to tear down walls to add desks for its expansion drive. Most Read from BloombergTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderRecord US Stock Rally Is Under Threat From a World in TurmoilSystemic Risk Concerns Grow Among Money Managers as Real Estate Woes Cause TurmoilTop In...

(Bloomberg) -- Abu Dhabi’s Masdar is exploring the possibility of taking a stake in renewable-energy assets owned by Iberdrola SA in the US, according to people familiar with the matter.Most Read from BloombergTrump Asks Supreme Court to Keep DC Election Trial on HoldMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillPentagon Chief Austin in Critical Care for Bladder IssueTrump Says There’s ‘No Way’ Taylor Swift Can Endorse BidenMasdar is interested in b...

(Bloomberg) -- Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian Gulf on its way to the United Arab Emirates.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyEpstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings ClaimBonds Fall After $25 Billion Sale as Stocks Churn: Markets WrapEinhorn Says Markets ‘Fundamenta...

Saudi Aramco has abandoned a plan to increase its oil output capacity, a huge reversal that will raise questions about the kingdoms view on future demand.