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Brazil central bank caught between trade war, weak growth

Bloomberg Brazil’s central bank will have to weigh potential price pressures from the US-China trade war against prospects of a disappointing recovery when determining how long its easing cycle will last. On one hand, worsening trade tensions may push Brazil’s real lower and consequently dissuade policy makers from more aggressive benchmark interest rate cuts. On the other, fresh signs of ...

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Coach, Givenchy feel China backlash over t-shirt designs

Bloomberg Western fashion brands are coming under fire in China for designs perceived to run afoul of local political sensitivities, sparking calls for boycotts in a market that accounts for a third of global luxury demand. Less than 24 hours after Versace apologised for t-shirts that were accused of defying the One-China Policy, American fashion label Coach and French luxury ...

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Boeing Max buyer posts record profit over ‘compensation’

Bloomberg Indian budget carrier SpiceJet Ltd booked income on the expectation of receiving compensation from Boeing Co for grounded 737 Max jets, posting its highest-ever profit in the process. Airlines around the world have sought compensation from Boeing for order delays and losses caused by the grounding of the 737 Max in the wake of two deadly crashes. There’s no ...

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