In Full: UK's Reeves on Fiscal Discipline, Tax Policies, Starmer

In a recent interview, Honeywell's Energy and Sustainability Solutions President & CEO Ken West emphasized the growing demand for energy, predicting that the world will require more power in the future. This insight is crucial as it highlights the need for innovative solutions and sustainable practices to meet increasing energy needs, making it a significant topic for businesses and policymakers alike.

Bloomberg Surveillance, hosted by Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern, provides daily insights from key leaders and decision-makers in finance and politics. This program is essential for investors and executives looking to navigate the trading day effectively, making it a valuable resource for anyone involved in the financial markets.

In a remarkable turn of events, global deal values have surpassed $1 trillion in the third quarter, marking only the second time this milestone has been reached. This surge in mergers and acquisitions showcases the resilience of dealmakers in a challenging market, highlighting their ability to navigate economic uncertainties and capitalize on opportunities. Such significant activity not only reflects confidence in the market but also has the potential to reshape industries and drive innovation.

As the labor market shows signs of weakening, a new analysis reveals that men may bear the brunt of the economic downturn more than women, despite existing gender pay disparities. Economist Allison Schrager highlights the implications of this trend, emphasizing the need for awareness and action to address the widening economic divide. Understanding these dynamics is crucial as they could influence policy decisions and societal attitudes towards gender and work.

Vis Raghavan, Citigroup's head of investment banking, is being considered as a potential successor to CEO Jane Fraser. His dynamic leadership has revitalized the investment banking division, helping the firm climb the M&A advisory rankings and outperform competitors in securing deals. This development is significant as it highlights Citigroup's strategic direction and the potential for continued growth under new leadership.

Electronic Arts, a leading video game maker, is making headlines with its recent sale to a group of private investors, which values the company at an impressive $55 billion. This marks the largest leveraged buyout in history, highlighting the growing interest and confidence in the gaming industry. Such a significant transaction not only reflects the potential of Electronic Arts but also sets a new benchmark for future deals in the sector.

UK Chancellor Rachel Reeves recently addressed the topic of wealth taxation during the Labour Party's annual conference in Liverpool. She emphasized that the UK already has mechanisms in place, such as capital gains and inheritance taxes, to tax wealth, suggesting that a standalone wealth tax is unnecessary. This discussion is significant as it reflects the government's approach to taxation and welfare policies, particularly in the context of economic discipline and support for working families.

Gold prices have soared to a record high of over $3,800 an ounce, driven by a weaker dollar and investor concerns about a potential US government shutdown. This surge in precious metals highlights the growing interest in gold as a safe haven during economic uncertainty. Nadia Martin Wiggen from Svelland Capital discussed these trends on Bloomberg, emphasizing the impact of global market dynamics on gold's value. As oil prices decline amid expectations of increased OPEC+ production, the gold market's resilience is noteworthy and could signal a shift in investment strategies.

In a recent discussion on Odd Lots, trading expert Don Wilson predicts that within the next five years, most assets will be tokenized, reflecting a significant shift in the financial landscape. As the founder and CEO of DRW, Wilson's insights are particularly valuable, especially as he highlights the role of AI and GPUs in this evolution. This trend towards tokenization could democratize access to various assets, making trading more efficient and inclusive, which is a game-changer for investors and the market as a whole.

China's stock market is generating excitement among investors, as analysts discuss key themes that could influence trading strategies. With insights from experts like Kriti Gupta and Tom Mackenzie on Bloomberg, the conversation highlights the potential for growth and opportunities in the Chinese market. This matters because understanding these trends can help investors make informed decisions in a rapidly changing economic landscape.

Horizons Middle East & Africa is set to be a vital resource for anyone interested in one of the world's most dynamic regions. Broadcasting live from Dubai, it offers timely updates on global markets, insightful analysis, and engaging interviews, making it essential for professionals across the Gulf, Hong Kong, London, and Johannesburg. This initiative not only highlights the economic potential of the MEA region but also fosters a deeper understanding of its impact on global trends.

Tensions between Iran and Israel are escalating as the US and European nations push Iran to engage in nuclear negotiations following the reinstatement of UN sanctions. Iran has dismissed these sanctions as illegal, raising concerns about the potential for further conflict in the region. Alan Eyre, a former US diplomat, discussed the economic ramifications of these sanctions in a recent interview, highlighting the broader implications for stability in the Middle East. This situation is critical as it could affect international relations and security in the region.

President Trump has reignited his threat to impose 100% tariffs on movies not made in the United States, claiming that the American film-making industry has been 'stolen' by foreign countries. This move could have significant implications for the film industry, potentially raising costs for consumers and affecting international collaborations.

Ormat Technologies has reached a significant milestone as its stock price hit a 52-week high of 95.39 USD. This achievement reflects the company's strong performance and investor confidence in its renewable energy solutions. As the demand for sustainable energy sources continues to grow, Ormat's success is a positive indicator for the industry and could attract more investors looking for opportunities in green technology.

The Trump administration has implemented stricter export controls targeting Chinese companies, particularly affecting subsidiaries of entities that have been blacklisted by the US government. This move is significant as it reflects ongoing tensions between the US and China, impacting trade relations and potentially hindering the operations of affected companies. The tightening of these controls could lead to further economic repercussions and escalate the trade conflict.

In a recent interview, Honeywell's Energy and Sustainability Solutions President & CEO Ken West emphasized the growing demand for energy, predicting that the world will require more power in the future. This insight is crucial as it highlights the need for innovative solutions and sustainable practices to meet increasing energy needs, making it a significant topic for businesses and policymakers alike.

Carnival Corporation has reported a record profit of $2 billion for the third quarter of 2025, marking a significant milestone for the cruise line industry. This impressive financial performance not only highlights the company's recovery post-pandemic but also reflects strong consumer demand for travel experiences. Additionally, Carnival raised its guidance for the upcoming quarters, indicating confidence in sustained growth. This news is crucial as it signals a robust rebound in tourism and could positively impact related sectors.

CorVel Corp's stock has reached a 52-week low, dropping to $77.64, which raises concerns among investors about the company's financial health and market performance. This decline could impact investor confidence and may lead to further scrutiny of CorVel's business strategies and future prospects.