Omair Sharif, founder & president of Inflation Insights, joined Alix Steel and Anna Edwards on “Bloomberg Markets: Americas” to discuss the rising inflationary pressures on the globe.
Former Treasury Secretary Lawrence Summers says the Federal Reserve latest policy stance is “at last broadly appropriate.” He speaks with David Westin on “Wall Street Week.”
Graham Kellas, Wood Mackenzie senior vice president, discussed the future of European energy markets following the announcement of a 25% windfall tax. He’s with Alix Steel and Anna Edwards on “Bloomberg Markets: European Close.”
MEXICO CITY — Mexico’s energy regulator fined a unit of Spain’s Iberdrola 9.15 billion pesos ($466.4 million), arguing they violated a so-called self-supply power generation permit by selling electricity to their partners, according to a regulatory filing. Read More
Robinhood Markets Inc has agreed in principle to settle a proposed class action filed by customers in the United States who claimed the investment app’s outages in March 2020 shut them out of trading on pandemic-related volatility. Read More
NEW YORK — Global markets enjoyed a broad-based rally on Friday, while the yield on benchmark U.S. Treasuries fell after data showed that U.S. consumer spending rose in April and the uptick in inflation slowed, two signs the world’s largest economy could be on track to grow this quarter. Read More
By Mandar Kagade The Reserve Bank of India (RBI) issued a draft regulatory framework for Online Export Import Facilitators (OEIF) recently. The framework concerns payment intermediaries (Online Payment Gateway Service Providers, or OPGSPs, in the earlier iteration of regulatory vocabulary) that work with Authorized Dealer banks under the Foreign Exchange Management Act to facilitate inward […]
The southwest monsoon is likely to hit the Kerala coast in two to three days marking the start of the three-month season of rainfall across the subcontinent, the India Meteorological Department (IMD) forecast on Friday. “There is an increase in cloudiness over Kerala coast and adjoining southeast Arabian Sea. Hence, conditions are becoming favourable for […]