Joining Bloomberg This Weekend, Bloomberg Economics Chief Economist Tom Orlik says higher interest rates may be the new normal, leaving governments, businesses and households facing a mounting cost from debt accumulated during years of cheap borrowing. Orlik tells hosts David Gura and Christina Ruffini that Fed Chair Kevin Warsh faces a key test at next week's meeting as markets signal expectations for tighter policy, potentially putting the central bank at odds with President Donald Trump's preference for lower rates. (Source: Bloomberg)

Solar has become Europe’s largest source of power during summer months, helped by government incentives, falling technology costs and a rapid buildout across rooftops and utility-scale projects. But that success is creating a new problem: on sunny days, Europe can produce more solar power than the system can absorb, pushing wholesale electricity prices to zero or below and leaving some renewable generators suffering from their own success. Industry experts say the answer is not less solar, but more storage, more flexible demand and stronger grids that can move power from where it is generated to where it is needed. (Source: Bloomberg)

Bond traders are making an unusual judgment about risk in French financial markets: they believe collateralized bank bonds are safer than government debt.

On Bloomberg This Weekend, Council on Foreign Relations senior fellow Ray Takeyh says renewed Houthi attacks represent a significant setback for the US strategy of stabilizing regional oil flows and may indicate closer coordination between the group and Iran. Takeyh also tells hosts David Gura and Christina Ruffini that economic pressure has failed to force Tehran to change course, as new construction at the deeply buried Pickaxe Mountain complex raises questions about the future of Iran's nuclear program. (Source: Bloomberg)

India’s central bank has rejected an application from Tata Sons Pvt. to surrender its status as a shadow lender, according to people familiar with the matter, implying it expects the company to adhere with rules for such entities that include an initial public offering.

College athletes buy million-dollar homes, 'sudden wealth syndrome,' Princess Diana's 'revenge dress' on auction, snoring sleep partners could impact your health: Join Lisa Mateo, David Gura and Christina Ruffini as they go over interesting headlines from this week. (Source: Bloomberg)

Xi Jinping met with Prime Minister Narendra Modi during the Chinese president’s first post-Covid visit to India, as the world’s two most populous nations look to make further headway in stabilizing ties rocked by issues including border tensions.

Saudi Arabia shut its East-West Pipeline as a precaution after multiple attacks, threatening a crucial route for moving crude to the Red Sea while bypassing disruptions in the Strait of Hormuz. Bloomberg Economics' Ziad Daoud says prolonged disruption could tighten global energy supplies further, adding pressure to oil and US diesel prices. (Source: Bloomberg)

India is seeking to forge consensus among an expanded BRICS membership despite divergent positions on the Iran war, relations with the US and the bloc's role in the global order. Joining David Gura and Christina Ruffini on Bloomberg This Weekend is Bloomberg News Senior Reporter Dan Strumpf who explains that the summit is also highlighting a tentative India-China rapprochement, with President Xi Jinping visiting New Delhi and China Southern Airlines preparing to restore its Guangzhou-New Delhi service after a six-year suspension. (Source: Bloomberg)

India's Prime Minister Narendra Modi seeks bigger role for BRICS nations in setting global rules. (Source: Bloomberg)

President Donald Trump is playing down prospects for renewed Iran peace talks and broader US involvement even as Houthi activity adds another source of escalation to the conflict. Bloomberg News White House Correspondent Jeff Mason joins Bloomberg This Weekend to discuss President Trump's statements made during the Presidents trip to Ireland. (Source: Bloomberg)

The closure of Saudi Arabia’s East-West pipeline sparked further fallout on Saturday after the attacks were determined to have been launched from inside Iraq.

Venezuela has some of the world’s largest oil reserves and could eventually produce far more than it does today. But Columbia University’s Luisa Palacios says reviving the industry would take years, up to $150 billion in investment and a major rebuilding of trust after decades of contract changes, expropriations and infrastructure decline. (Source: Bloomberg)

The surge in oil, gas and diesel prices is forcing central banks and governments to reassess the impact of the wars in Iran and Ukraine.

PM Modi greets leaders arriving in the main convention hall for the 18th BRICS Summit underway in New Delhi (Source: Bloomberg)

PM Modi greets leaders arriving in the main convention hall for the 18th BRICS Summit underway in New Delhi (Source: Bloomberg)

Narendra Modi arrives at the main convention hall as the summit gets underway (Source: Bloomberg)

HSBC Holdings Plc is set to start its search for a new chief financial officer, parsing through a pool of internal and external candidates willing and qualified to take on one of the biggest jobs in global finance. The bank is looking to replace Pam Kaur, who unexpectedly announced Thursday she would retire from the role in 2027.

Russia is turning to its Far East as one of the alternative ways to export its grain, as Ukrainian strikes disrupt flows from its key Black Sea ports, Agriculture Minister Oksana Lut said.

India’s markets regulator proposed sweeping changes to the closing auction system, including a possible return to the previous method for settling derivatives on expiry days, after sharp price swings and liquidity concerns emerged around the month-old mechanism.