Horizons Middle East & Africa 9/24/2025

Cosan's CEO, Luis Ometto, is seeking a $141 million loan to ensure the company's control remains intact amid ongoing market fluctuations. This move is significant as it highlights the challenges faced by companies in maintaining stability and governance during uncertain economic times. The loan could provide the necessary financial backing for strategic initiatives, allowing Cosan to navigate potential risks and continue its operations effectively.

Sales of new single-family homes in the U.S. have unexpectedly surged by 20.5%, reaching an annualized rate of 800,000, according to a recent government report. This significant increase surpassed all estimates from economists surveyed by Bloomberg, indicating a robust demand in the housing market. Such growth is crucial as it reflects consumer confidence and could signal a positive trend for the overall economy.

Baidu's Apollo Go has made a significant leap by obtaining the first autonomous driving permits in Dubai, marking a major milestone in the development of self-driving technology. This achievement not only showcases Baidu's innovation but also positions Dubai as a leader in embracing advanced transportation solutions. The permits will allow Apollo Go to operate its autonomous vehicles on public roads, paving the way for a future where self-driving cars could become a common sight in urban environments.

Oracle Corp. is making a significant move by seeking to raise $15 billion through the US investment-grade bond market to fuel its ambitious AI initiatives. This funding will enable the software giant to enhance its capabilities and meet the growing demands of the AI boom, showcasing its commitment to innovation and leadership in the tech industry.

The Bloomberg Brief for September 24, 2025, provides a concise overview of the latest developments in finance and business news. This video highlights key market trends and insights that are crucial for investors and professionals in the industry, ensuring they stay informed about the ever-changing economic landscape.

Alibaba's shares have soared to their highest levels in almost four years following the company's announcement to significantly increase its AI budget beyond the initial target of $50 billion. This move highlights Alibaba's commitment to leading in the AI sector, which is crucial for its future growth and competitiveness in the tech industry.

Sitara Sundar, the head of Alternative Investment Strategy at JPMorgan Private Bank, recently shared insights on the evolving investment landscape during her appearance on Bloomberg. She highlighted how traditional 60/40 portfolio strategies are becoming less effective due to rising inflation and moderate economic growth. Sundar emphasized the growing significance of physical infrastructure and utilities stocks, particularly in the context of AI advancements, as they offer stability against potential government policy changes. This perspective is crucial for investors looking to navigate the complexities of today's market.

The European Union's Maros Sefcovic is set to meet with U.S. Trade Representative Greer to discuss the ongoing metal tariffs. This meeting is significant as it could lead to potential adjustments in trade policies that impact both economies. The outcome may influence future trade relations and economic strategies between the EU and the U.S.

In a recent interview with Bloomberg, ECB Executive Board Member Pierro Cipollone highlighted the resilience of the European economy amidst geopolitical challenges and a strengthening euro. He emphasized that inflation risks are balanced, suggesting a stable economic outlook. This perspective is significant as it reflects confidence in the Eurozone's ability to navigate uncertainties, which can influence investor sentiment and economic policy.

In a recent discussion on Bloomberg's 'The Opening Trade,' analysts Anna Edwards, Guy Johnson, Lizzy Burden, and Mark Cudmore shared insights suggesting that the AI sector is unlikely to experience a downturn anytime soon. This is significant as it reflects growing confidence in AI technologies and their potential to drive economic growth, making it a crucial topic for investors and industry watchers.

Saudi Arabia is making a significant shift in its investment landscape by planning to raise the foreign ownership limit in local companies from 49% to allow foreigners to hold majority stakes. This move, discussed by Bloomberg’s Saudi Arabia Bureau Chief Christine Burke, is expected to attract more international investors and enhance the Kingdom's economic diversification efforts. It reflects Saudi Arabia's commitment to opening up its markets and could lead to increased foreign capital inflow, ultimately benefiting the local economy.

Cebu Pacific's CEO Mike Szucs recently shared insights on the airline's growth plans, indicating a shift towards moderating rapid expansion in the coming year. This decision comes in response to challenges posed by Pratt & Whitney's global engine supply issues, which have led to more Airbus planes being grounded than expected. This news is significant as it highlights the airline's strategic adjustments in a challenging environment, reflecting broader trends in the aviation industry.

The article explores the pros and cons of private student loans compared to federal options, highlighting key differences such as interest rates and repayment terms. Understanding these distinctions is crucial for students and families making financial decisions about education funding, as it can significantly impact their long-term financial health.

U.S. officials are in discussions with Argentina regarding a substantial $20 billion aid package, a move that could provide much-needed support as the South American nation grapples with a market run on its peso and uncertainty about its economic future. This potential assistance is significant not only for stabilizing Argentina's economy but also for strengthening U.S.-Latin American relations during a challenging time.

A recent study reveals that 80% of millennials and Gen Z who sought financial advice from AI found it beneficial, marking a significant shift in how young people manage their finances. This trend highlights the growing reliance on technology for financial decisions, as traditional sources like parents are being replaced by AI tools. However, the study also warns that over half of these users made poor decisions based on the advice they received, emphasizing the need for caution and critical thinking when using AI for financial guidance.

Joe Rogan has stepped up to defend Jimmy Kimmel, emphasizing the importance of free speech and the need for a strong social safety net in America. Rogan believes that the government should not interfere with what comedians say, highlighting the value of open dialogue in comedy. This stance resonates with many who feel that artistic expression should be protected, making it a significant moment in the ongoing conversation about freedom of speech and community support.

In a recent discussion, Rebecca Walser, CEO of Walter Wealth Management, shared insights on the current bullish market rally and the potential for a bearish turn. This analysis is crucial for investors as it helps them navigate market fluctuations and make informed decisions about their portfolios.

A tragic shooting incident at an ICE office in Dallas, Texas, has left one person dead and two others injured. Homeland Security Secretary Kristi Noem stated that the motive behind the attack remains unknown. This event raises significant concerns about safety and security at federal facilities, highlighting the ongoing challenges faced by law enforcement and the need for enhanced protective measures.