Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Ciprian Alexandru/iStock via Getty Images The following segment was excerpted from The Broyhill Q1 2026 Letter. It's hard not to be uber bullish when stocks are enjoying a once-in-a-century acceleration in innovation, resulting in a surge in productivity and corporate profits. But as it turns out, we are actually witnessing a twice-in-a-century acceleration in innovation, as the opening quote of t...
Ciprian Alexandru/iStock via Getty Images The following segment was excerpted from The Broyhill Q1 2026 Letter. It's hard not to be uber bullish when stocks are enjoying a once-in-a-century acceleration in innovation, resulting in a surge in productivity and corporate profits. But as it turns out, we are actually witnessing a twice-in-a-century acceleration in innovation, as the opening quote of this letter was first delivered by Former Fed Chairman Alan Greenspan in January 2000. As they say, history doesn't repeat, but. . . Top Contributors Valvoline ( VVV ) was our largest contributor in the quarter. While the market spent its days hallucinating about the terminal value of artificial intelligence, Valvoline went on quietly changing oil, opening new stores, while moving more cars through its bays than any other competitor in the industry. Since we've owned it, shares have exhibited significantly more volatility than the business itself, but what matters is that the underlying unit economics are intact, while unit growth, service mix, and price continue moving in the same direction. Honeywell ( HON ) was our second-largest contributor in the quarter. Management accelerated the aerospace spin-off, moving the separation up to the end of June and leaving behind a pure-play automation business. We continue to believe the pieces, including the recently announced Quantinum IPO, are worth meaningfully more than the whole. Upcoming Investor Days are the next chance for the market to do the math. Ball Corporation ( BALL ) rounded out our top three contributors during the quarter. When we initially acquired the position, our thesis centered around the company's post-aerospace-divestiture status, which left it a pure-play packaging company well positioned to return significant capital to investors. As the thesis played out, we sold into the re-rating and redeployed proceeds into more attractive opportunities. Top Detractors IQVIA ( IQV ) was our largest detractor despite fund...
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
Redress for force-fitting devices in homes of vulnerable includes £20m penalty and £70m of debt write-offs Thousands of British Gas customers who had prepayment meters force-fitted in their homes will receive compensation and energy bill debt write-offs worth up to £112m after an investigation into the scandal. Great Britain’s energy regulator found that British Gas forced prepayment meters on hom...
Redress for force-fitting devices in homes of vulnerable includes £20m penalty and £70m of debt write-offs Thousands of British Gas customers who had prepayment meters force-fitted in their homes will receive compensation and energy bill debt write-offs worth up to £112m after an investigation into the scandal. Great Britain’s energy regulator found that British Gas forced prepayment meters on homes that were not keeping up with their bills at the height of the Russian gas crisis, in one of the most complex Ofgem investigations in its history. Continue reading...
President Trump says President Xi told him that he would like to be of assistance concluding the Iran war and reopening the Strait of Hormuz. The two-day visit has delivered little in the way of tangible deals, with China's leader warning that Taiwan is the issue that could trigger dangerous clashes. Julia Roknifard, Senior Lecturer at the School of Law & Governance at Taylor's University, Malaysi...
President Trump says President Xi told him that he would like to be of assistance concluding the Iran war and reopening the Strait of Hormuz. The two-day visit has delivered little in the way of tangible deals, with China's leader warning that Taiwan is the issue that could trigger dangerous clashes. Julia Roknifard, Senior Lecturer at the School of Law & Governance at Taylor's University, Malaysia spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche about the visit. (Source: Bloomberg)