Europe's Skies Busier Than Before Covid in Boon for Fuel Demand
Flights averaged almost 33,000 a day last week, a 2% increase on 2019, according to a report from Eurocontrol. That comes amid a slump in oil prices as the OPEC+ alliance adds supplies to the market and US tariffs threaten the global economy.
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Yahoo
28 minutes ago
- Yahoo
Bill Gates Reserved A Michelin-Star Restaurant for Two Days — But Chef Says He Didn't Even Try The $313 Meal, Just Ordered a Diet Coke And Left
Billionaire Bill Gates famously has a McDonald's Gold Card and a well-documented love for burgers — but that doesn't mean he's opposed to fine dining. Or... does it? On one trip to Barcelona, Gates treated his team to a private experience at ABaC — not just any restaurant, but one with not one, not two, but three Michelin stars. But according to Spanish celebrity chef Jordi Cruz, what unfolded during the visit wasn't quite what his kitchen had in mind. On an episode of "Planeta Calleja" that aired in 2023, Cruz sat down with host Jesús Calleja and shared a story that had them both shaking their heads—and laughing. Don't Miss: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." $100k+ in investable assets? – no cost, no obligation. According to Cruz, the visit happened "some time ago." No other guests were allowed during his stay — the restaurant was reserved exclusively for Gates' group over a two-day stretch. The team at ABaC rolled out the red carpet, prepping a lineup of the restaurant's most elaborate creations—think caviar, flame-roasted guineafowl with black mole, and strawberry kakigōri topped with tonka beans. So what did Gates order? "A Diet Coke," Cruz said. "And then he went back to his plane." Calleja asked, "He didn't try anything?" "Zero," the chef confirmed, still stunned even years later. "We had prepared the best dishes for him to eat." While Gates' 25-person entourage reportedly did enjoy the tasting menu—priced at roughly $313 per person—Cruz seemed less amused that his kitchen spent two days closed off from other guests, only to see the guest of honor sip a soda and vanish. Trending: BlackRock is calling 2025 the year of alternative assets. "Do you think you have to close a nice place to come and drink a cola?" Cruz asked rhetorically. He clarified that the team still gave it their all, even if the star guest wasn't there for the main event. "At least the little team did their best," he added with a laugh. Now 69, Gates is famously known for his love of Diet Coke—often sipping it at meetings, interviews, and even his desk. In a 2014 GatesNotes blog post, he wrote: "Once I'm at the office, I usually open a can of Diet Coke. Over the course of the day I might drink three or four." His fellow billionaire friend Warren Buffett shares the same fizzy loyalty to soda, so perhaps the move wasn't as shocking to those who know him well. Cruz, on the other hand, seemed genuinely baffled. "There are people who have money, who are a bit fed up with everything and value it less," he mused during the show, airing while he and Calleja traveled through Central Greece, bonding over food and rock climbing. Newsweek reportedly reached out to Gates for comment when they first ran the story, but no update or response had been added. As for why Gates skipped the meal himself, it's anyone's guess. His team did dine, so maybe the reservation was more of a thoughtful gesture than a personal craving. Either way, the crew at ABaC probably won't forget the day they cleared the books, prepared a $313 tasting served one Diet Coke to one of the richest men in the world. Read Next: Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O'Reilly and Rudy Giuliani are using this platform to Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Bill Gates Reserved A Michelin-Star Restaurant for Two Days — But Chef Says He Didn't Even Try The $313 Meal, Just Ordered a Diet Coke And Left originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Bloomberg
34 minutes ago
- Bloomberg
Are Japan, South Korea Tariffs Good for US Auto Industry?
Representative Haley Stevens (D) Michigan discusses the President announcing 25% tariffs on Japan & South Korea and whether or not her constituents in the auto industry see this as a positive for themselves. She also shares her thoughts on President Trump moving the tariff deadline and if a rescissions package will pass in Congress. Rep. Haley Stevens speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)
Yahoo
34 minutes ago
- Yahoo
Trump's Copper Tariff Threats Are Already Raising Factory Costs
(Bloomberg) — US President Donald Trump's plans to place hefty import tariffs on copper have already caused a spike in costs for American factories, with New York futures trading 25% higher than other global benchmarks on Tuesday. Are Tourists Ruining Europe? How Locals Are Pushing Back Can Americans Just Stop Building New Highways? Denver City Hall Takes a Page From NASA Philadelphia Trash Piles Up as Garbage Workers' Strike Drags On The fresh spike in US prices came after Trump said he planned to place a 50% tariff on copper imports, doubling down on a threat he first made in February to impose targeted levies on the crucial industrial metal. A 50% tariff would match duties he has already imposed on steel and aluminum in a bid to revive US production, but it would take a particularly heavy toll on American factories, which rely on overseas suppliers for nearly half of the copper they buy. For months, the price of copper in New York has been ratcheting higher as buyers have raced to stock up before the levies are imposed. In the process, input costs for American manufacturers have surged above prices that their rivals pay in the rest of the world. The disconnect reached unprecedented levels on Tuesday, as Comex futures spiked to trade at a 25% premium to the global benchmark set in London. US copper buyers have already sounded the alarm about the long-term threat that the levies pose, arguing that they risk undermining Trump's core ambitions to revive manufacturing and challenge China's industrial might. 'Any restrictions on US imports of copper cathode would merely redirect copper supply to China,' a representative for top US copper importer Southwire Company LLC said in April in written comments to the US Commerce Department, which at Trump's request had been investigating whether to impose levies. 'At the same time, US copper producers would face significant shortages of supply, particularly in the short- and medium-term, as US copper production cannot increase fast enough to fill the supply gap.' Those warnings appear to have gone unheeded, with Commerce Secretary Howard Lutnick telling CNBC Tuesday that it concluded its investigation, and it's now up to Trump to decide what levy to charge. One consolation for manufacturers is that, for now, there's plenty of copper on US shores for them to buy — even if it does carry an eye-watering price tag. Traders have been shipping record volumes of copper to America to take advantage of the spike in prices, and there's now more copper stored in Comex warehouses than there is in the combined depots overseen by the London Metal Exchange and the Shanghai Futures Exchange. Will Trade War Make South India the Next Manufacturing Hub? 'Telecom Is the New Tequila': Behind the Celebrity Wireless Boom Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too 'Our Goal Is to Get Their Money': Inside a Firm Charged With Scamming Writers for Millions ©2025 Bloomberg L.P. Sign in to access your portfolio
