(Bloomberg) — A fall in the prices of a few key global commodity indicators has raised hopes that the world economy may have reached peak inflation. But UK households best not get carried away, economists warn. Read More
WASHINGTON — The U.S. Commerce Department on Wednesday suspended the export privileges of three U.S.-based firms for 180 days for what it said was the illegal export of satellite, rocket and defense technology to China. Read More
SHANGHAI — The sprawling district of Minhang in central Shanghai has implemented new lockdown measures to detect and control COVID-19 transmission risks, the district government said on Thursday. Read More
(Bloomberg) — The yen is a whisker away from sliding to the lowest in about 24 years as investors ramp up short bets on Japan’s beleaguered currency. Read More
Each public-sector bank will have to firm up a three-year road map based on its business priorities under a revamped reform initiative launched by finance minister Nirmala Sitharaman on Wednesday. EASENext, the latest and revamped version of the EASE (Enhanced Access and Service Excellence) reform programme for PSBs, will have two components: EASE 5.0, which […]
Peter Kern, CEO, Expedia, speaks with Bloomberg’s Brad Stone at the Bloomberg Technology Summit. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
Ramco Cements, one of the major cement manufacturers in south India has said that the company is planning a total capex of Rs 1,200-1,300 crore over the next two years to expand the capacity. The company’s net debt stood at Rs 3,800 crore as of FY22 and it plans to repay Rs 500 crore debt […]
Roy Bahat, Head, Bloomberg Beta speaks on what tech executives need to know about organized labor at the Bloomberg Technology Summit. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
State Street Corp. shares dropped the most in nearly two months after the bank declined to comment on a report that it was looking to acquire Credit Suisse Group AG. Annie Massa reports on Bloomberg Television.
Cathie Wood, founder and chief executive officer of ARK Invest, defends the performance of the ARK Innovation ETF and says the greater risk facing the economy is deflation. She speaks with Ed Ludlow at the 2022 UP.Summit in Bentonville, Arkansas.