Bloomberg The US South and Midwest were slammed by tornadoes, with the death toll in Kentucky likely to be over 50 while a partial roof collapse at an Amazon.com warehouse in Illinois resulted in an unspecified number of fatalities. Kentucky Governor Andy Beshear declared a state of emergency, activated the National Guard, and asked President Joe Biden for an emergency ...

Bloomberg New Caledonia, an archipelago in the strategic waters of the Pacific, is holding a referendum on independence from France on December 12. The poll is meant to end a three-decade process of de-colonisation and should in theory, allow Emmanuel Macron to turn the page before the April 2022 presidential election. But a lot could go wrong. France sees itself ...

Bloomberg The UK has issued additional fishing licenses for European Union boats, in a step that may signal some progress towards resolving the post-Brexit dispute in which the two sides are engulfed. “Today’s decision is an important step in a long process seeking full implementation of the Trade and Cooperation Agreement,” the European Commission said in a statement, after the ...

Bloomberg Denmark’s Prime Minister Mette Frederiksen faces one of her biggest tests yet as she is due to testify about last year’s mass culling of the farmed mink in an inquiry that has eroded the public’s trust. Frederiksen, 44, will take the witness stand on Thursday in the parliamentary probe into her controversial decision to cull 17 million mink over ...

Bloomberg JPMorgan Chase & Co. expects Asian companies to raise as much as $100 billion next year through environmental, social and governance (ESG) dollar-denominated bonds, with an increasing number of firms considering notes that can be converted into equity. ESG debt sales by Asian issuers total $74 billion so far in 2021, nearly triple the level in the same period ...

Bloomberg Hong Kong’s underperforming stocks will likely rebound in 2022, with a border reopening with mainland China to benefit gaming and retail shares while rising yields hold banks up, according to UBS Group AG. The city’s benchmark Hang Seng Index may gain as much as 13% next year, analysts led by Angus Chan wrote in a note, targeting a level ...

Bloomberg China’s central bank has signalled a limit to its tolerance for the yuan’s recent advance by setting its reference rate at a weaker-than-expected level. The gap between the daily fixing set by the People’s Bank of China (PBOC) and the forecast in a Bloomberg survey of analysts and traders was the largest since mid-October. That was when yuan gains ...

Bloomberg Nu Holdings Ltd, the Brazilian digital bank whose backers include Warren Buffett’s Berkshire Hathaway Inc, raised $2.6 billion in a US initial public offering priced at the top of a marketed range it had earlier lowered. The company, which does business as Nubank, sold 289 million shares for $9 each after offering them for $8 to $9, according to ...

Bloomberg Peru raised interest rates for a fifth straight month as the economy grows at the fastest pace in Latin America and inflation exceeds the upper limit of its target range. The central bank lifted its key interest rate by half a percentage point to 2.5%, in line with forecasts by all nine economists from Bloomberg. The move unwound all ...

Bloomberg Barclays Plc plans to make key hires in investment banking and wealth management across Asia next year as British lender plots its return to some of the world’s fastest growing economies after a 2016 restructuring. The bank — which is benefiting from a boom in deals and trading along with its Wall Street rivals — is seeking to rebuild ...