Diezani Alison-Madueke said she sought to increase transparency and competition in Nigeria’s oil industry while she was minister overseeing the sector at a London trial where she faces criminal charges of bribery. Alison-Madueke said that when she arrived as oil minister in 2010 she found an industry that was run by “a few cabals” and had intended to tackle the corruption that she said had ravaged...
Diezani Alison-Madueke said she sought to increase transparency and competition in Nigeria’s oil industry while she was minister overseeing the sector at a London trial where she faces criminal charges of bribery. Alison-Madueke said that when she arrived as oil minister in 2010 she found an industry that was run by “a few cabals” and had intended to tackle the corruption that she said had ravaged the sector in the country. “I was called Madame Due Process” such was her stickler-like approach to rules, Alison-Madueke said at Southwark Crown Court on Tuesday. She aimed “to increase transparency in the sector” and “to reduce the corruption that was rife across all areas of the sector.” Alison-Madueke started giving evidence this week, defending herself from accusations of bribery over her five-year stint as Nigerian oil minister. She is accused of accepting £100,000 ($135,850) in cash, the use of a number of UK addresses and vast amounts of luxury perks. READ MORE: Ex-Nigerian Oil Minister Took Cash and Harrods Bribes, Jury Told “At no time did I ask, take or seek a bribe,” Alison-Madueke told the court on Monday. “I always sought to act impartially in all that I did.” Alison-Madueke served in the government of former president Goodluck Jonathan, from 2010 until 2015. She became the first ever female head of OPEC in 2014. The jury was told that the former minister was the subject of a “major smear campaign” during her time in office by people who opposed reforms designed to increase competition in the sector. Alison-Madueke said that she was told that she would be a scapegoat for the administration she served in. She denied that she had received free trips on private jets, and said that travel would have been paid for by the Nigerian state oil company if it was essential for her to carry out her duties.
Credit and high yield posted 1Q losses due to the impact of the Iran war, especially on rates markets. Will 2Q reverse those losses, and why? Mahesh Bhimalingam, Bloomberg Intelligence global head of credit strategy, discusses the results of the BI’s 2Q26 Investor Survey and the market outlook with Manuel Schoeffler, head of high yield at Deka Investment GmbH. They discuss valuations and central b...
Credit and high yield posted 1Q losses due to the impact of the Iran war, especially on rates markets. Will 2Q reverse those losses, and why? Mahesh Bhimalingam, Bloomberg Intelligence global head of credit strategy, discusses the results of the BI’s 2Q26 Investor Survey and the market outlook with Manuel Schoeffler, head of high yield at Deka Investment GmbH. They discuss valuations and central bank actions, along with distress and default rates. This podcast also covers survey results on inves
BlackRock Inc. Chief Executive Officer Larry Fink sees increased demand for private credit from big institutional investors like insurers, even as retail clients grow skittish over the asset class and seek to redeem more of their shares. “There’s been a lot of attention on private credit, but the headlines do not reflect what clients are telling us, what our portfolio data shows or where we see th...
BlackRock Inc. Chief Executive Officer Larry Fink sees increased demand for private credit from big institutional investors like insurers, even as retail clients grow skittish over the asset class and seek to redeem more of their shares. “There’s been a lot of attention on private credit, but the headlines do not reflect what clients are telling us, what our portfolio data shows or where we see the market going,” Fink said Tuesday after the asset manager reported financial results buoyed by fee growth . “Actually, institutional demand is accelerating.” In one case, an existing insurance client signed a deal in the quarter for a multibillion-dollar rotation into private high-grade credit, Fink said. He suggested similar deals are in the works. BlackRock became a major player in the $1.8 trillion private credit industry last year when it bought HPS Investment Partners for $12 billion as part of its aggressive expansion beyond public assets. Since the HPS deal was completed, private credit has faced increasing scrutiny over the underlying quality of loans and exposure to firms vulnerable to artificial intelligence disruption. Last month, BlackRock curbed withdrawals in its $26 billion HPS Corporate Lending Fund after requests spiked. In recent weeks, retail investors in other non-traded business development companies and private credit interval funds have been seeking redemptions in record numbers — spurring other money managers to curb redemptions at 5% of shares. “My own sense of the markets today across some of the private credit tumult is that this is an opportunity for BlackRock to take share in that market, particularly in private markets across wealth platforms,” Chief Financial Officer Martin Small said on the analysts call. “We actually think some of this shakeout in credit is actually good for our organic base fee growth profile.” Carlyle Caps Private Credit Redemptions After Investors Seek 16% Apollo Caps Private Credit Fund Withdrawals as Requests Jump Blac...
sitox Bloom Energy ( BE ) up 14.5% pre-market Tuesday, indicated to open at an all-time high near $200, after securing an expanded partnership with Oracle ( ORCL ) in which the tech giant can procure up to 2.8 GW of Bloom's fuel cell capacity, with an initial 1.2 GW already contracted and deployment actively underway. The two companies first came together in July , when Bloom ( BE ) said it would ...
sitox Bloom Energy ( BE ) up 14.5% pre-market Tuesday, indicated to open at an all-time high near $200, after securing an expanded partnership with Oracle ( ORCL ) in which the tech giant can procure up to 2.8 GW of Bloom's fuel cell capacity, with an initial 1.2 GW already contracted and deployment actively underway. The two companies first came together in July , when Bloom ( BE ) said it would deliver energy to Oracle ( ORCL ) data centers in the U.S. within 90 days. Oracle ( ORCL ) also holds a warrant to purchase up to 3.53M Bloom ( BE ) shares at $113.28/share, for a total investment of $400M; assuming Oracle exercises the warrant, its investment is already up by more than $300M. Bloom's ( BE ) expanded partnership is an "additional stamp of approval for continued momentum," and the scale of the agreement, "in addition to BE's already strong backlog, could justify further capacity expansion, a potential catalyst," according to Baird analyst Ben Kallo, who rates the stock at Outperform. "The expanded agreement with Oracle is a clear signal that hyperscale AI demand is translating directly into gigawatt-scale," Evercore ISI analyst Nicholas Amicucci wrote; he rates Bloom ( BE ) at Outperform. Nuclear-related stocks are rising pre-market, as the technology becomes a more attractive fuel source for major AI players: Oklo ( OKLO ) up 8.9%, NuScale Power ( SMR ) up 6.6%, Nano Nuclear Energy ( NNE ) up 5.8%, Lightbridge ( LTBR ) up 4.6%, Centrus Energy ( LEU ) up 3.8%, Energy Fuels ( UUUU ) up 2.9%, NexGen Energy ( NXE ) up 1.8%. More on Bloom Energy Bloom Energy: Upgrading As Oracle Deal Validates Its AI Infrastructure Dominance Bloom Energy: 115x Earnings Is Not Expensive Enough Bloom Energy: More Upside In The Data Center Power Boom
4月13日，华为Pura X Max开启预订，同一天苹果首款折叠屏iPhone Ultra最终版外观曝光，大伙惊讶发现，这俩怎么长得跟兄弟似的。 也是，好的设计总是心有灵犀。 上iPhone Ultra，下华为Pura X Max 苹果首款折叠屏外观公布，最惊艳的是折痕 从图片上看， iPhone Ultra采用横向书本式内折方案，阔折叠设计 。 背部相机模组采用横向排列，只有两颗摄像头，不知道有...
4月13日，华为Pura X Max开启预订，同一天苹果首款折叠屏iPhone Ultra最终版外观曝光，大伙惊讶发现，这俩怎么长得跟兄弟似的。 也是，好的设计总是心有灵犀。 上iPhone Ultra，下华为Pura X Max 苹果首款折叠屏外观公布，最惊艳的是折痕 从图片上看， iPhone Ultra采用横向书本式内折方案，阔折叠设计 。 背部相机模组采用横向排列，只有两颗摄像头，不知道有没有长焦镜头。 据爆料人透露，新机外屏5.5英寸，单手握持毫无压力。 完全展开后，内屏达到7.8英寸左右，搭配4:3的比例，几乎等同于一台iPad mini，生产力拉满。 最让人惊喜的是折痕， 其内屏“几乎无折痕”。 不出意外，iPhone Ultra将搭载搭载A20 Pro处理器，配合第二代自研C2基带，支持卫星通信功能，并支持12GB内存。 售价方面，业内普遍预测可能要突破2万元，成为苹果史上最贵手机。 过去这些年，iPhone形态几乎没太大变化，从iPhone 12开始的直角边框一直沿用到现在，正面也就从刘海变成灵动岛，只是些小修小补。 再看苹果的新业务，造车项目黄了、Vision Pro眼镜叫好不叫座、AI自研了几年最终选择引入外部模型，整个公司都陷入一种比较尴尬的境地。 iPhone Ultra是苹果近几年最重磅的一款产品，它不是一次简单的硬件迭代，而是苹果能否保持增长的一次关键押注。 外观神似华为Pura X Max，无痕设计撞车OPPO iPhone Ultra外观一曝光，大伙就发现它撞脸华为刚亮相的Pura X Max。 都是横向内折、阔折叠设计，外屏中置挖孔、横向后摄模组。 连X上爆料人的评论区，都有网友直接晒出华为Pura X Max的渲染图，称华为这款更好看。 主要区别在于后摄模组，苹果是双摄，华为是三摄。 除了外观上撞脸华为，iPhone Ultra的“几乎无折痕”，也让人想到了同样主打“无感折痕”的OPPO Find N6。 OPPO能搞定面板折痕最大的技术突破就是：新一代钛合金天穹铰链和天穹记忆玻璃。 折叠屏折痕的根源之一是铰链支撑面不平整，导致屏幕受力不均。OPPO采用的新一代铰链，用芯片级的高分子3D打印技术精准填充了部件间的缝隙。 另一个大根源则是屏幕材料长期弯折后产生不可逆变形。OPPO的天穹记忆玻璃就像记忆枕一样，展开后折痕可以快速淡化...
The U.S. Food and Drug Administration (FDA) has set a post-marketing requirement for Eli Lilly ( LLY ) regarding its newly approved weight loss pill, orforglipron, branded as Foundayo. According to a Reuters report on Tuesday, the agency requires the Indiana-based LLY to conduct post-market trials for Foundayo to evaluate the GLP-1 product for risks related to liver injury, cardiovascular events...
The U.S. Food and Drug Administration (FDA) has set a post-marketing requirement for Eli Lilly ( LLY ) regarding its newly approved weight loss pill, orforglipron, branded as Foundayo. According to a Reuters report on Tuesday, the agency requires the Indiana-based LLY to conduct post-market trials for Foundayo to evaluate the GLP-1 product for risks related to liver injury, cardiovascular events, gastric emptying, and milk-only lactation. The requirement comes days after the FDA approved the once-daily pill for use alongside a lower-calorie diet and increased physical activity for weight management in overweight and obese adults with weight- related medical issues. Last week, Eli Lilly ( LLY ) launched Foundayo across U.S. retail pharmacies in a market dominated by Novo Nordisk ( NVO ), which received FDA approval for its oral weight loss therapy, the Wegovy pill, in December. More on Eli Lilly Even After Shedding Some Weight, Eli Lilly and Company Isn't Prime For An Upgrade Foundayo Explained: Lilly's New Weight Loss Pill And The Amazon Effect Eli Lilly Vs. Amgen: Who Leads Obesity And IMIDs Eli Lilly to boost oncology pipeline with CrossBridge Bio buyout Lilly Jaypirca data shows extended progression-free survival in CLL
周末的一场比赛，再度把“HYROX”这项“找虐”运动推向新高潮。 4月11日，HYROX（室内健身跑）赛事首次登陆武汉，吸引4000余名选手参加，有人汗流浃背，有人累到瘫在地上，有人笑着在终点合影。在社交平台上，还有不少参赛选手秀出自己的完赛旗帜和“运动写真”，相关话题浏览量早已破亿。 这个2017年诞生于德国汉堡的小众赛事，以“FOR EVERY BODY”为宗旨。从具体操作上来说，HYROX可...
The Philippine military on Tuesday rejected Beijing’s claim that Manila had staged a “cyanide stunt” near a contested reef in the South China Sea, after Filipino officials accused Chinese fishermen of using cyanide around a grounded warship that serves as a military outpost. “We reject any statement that this is fabricated news,” said Navy Rear Admiral Roy Vincent Trinidad, a spokesman for the Arm...
The Philippine military on Tuesday rejected Beijing’s claim that Manila had staged a “cyanide stunt” near a contested reef in the South China Sea, after Filipino officials accused Chinese fishermen of using cyanide around a grounded warship that serves as a military outpost. “We reject any statement that this is fabricated news,” said Navy Rear Admiral Roy Vincent Trinidad, a spokesman for the Armed Forces of the Philippines. At the centre of the dispute is the BRP Sierra Madre, a derelict navy...
Today’s economy may remind you of the 1970s, but Bloomberg Opinion columnist Kathryn Anne Edwards explains why it’s more like the mid-aughts. (Source: Bloomberg)
Today’s economy may remind you of the 1970s, but Bloomberg Opinion columnist Kathryn Anne Edwards explains why it’s more like the mid-aughts. (Source: Bloomberg)
Sundry Photography Cloudflare ( NET ) on Tuesday launched Cloudflare Mesh, a private networking solution for AI agents. Cloudflare Mesh aims to simplify the security aspect when dealing with AI agents. "In a Mesh environment, every agent—like every human employee—carries a distinct identity. This allows security teams to write granular policies: for example, allowing a coding agent or sandbox to r...
Sundry Photography Cloudflare ( NET ) on Tuesday launched Cloudflare Mesh, a private networking solution for AI agents. Cloudflare Mesh aims to simplify the security aspect when dealing with AI agents. "In a Mesh environment, every agent—like every human employee—carries a distinct identity. This allows security teams to write granular policies: for example, allowing a coding agent or sandbox to read a staging database while strictly preventing it from accessing production financial records," the company said in its press release. By integrating Mesh with the Cloudflare Developer Platform, including Workers, Workers VPC, and the Agents SDK, Cloudflare now offers the first end-to-end lifecycle for AI agents, it added. NET +1.44% premarket to $186.67. Source: Press Release More on CloudFlare Cloudflare: Avoid Stablecoin Hype Cloudflare: Loaded Up At $170, Where I'll Load Up Next Cloudflare: Flawless Execution Meets Mathematically Impossible Valuation Fastly, along with Akamai and Cloudflare, tumbles after Anthropic launches Managed Agents Software sector plunges, cybersecurity names hit hardest, as AI disruption concerns persist