Bloomberg Nike Inc is acquiring a virtual collectibles company as it dives further into the metaverse. The sportswear giant agreed to buy RTFKT, a business founded in 2020 that creates digital products like sneakers and uses blockchain technology to ensure authenticity, according to a statement. Financial terms of the deal were not disclosed. “This acquisition is another step that accelerates …

  Bloomberg Bank of America Corp (BofA) is turning to private jets and exotic cars to compete with American Express Co and JPMorgan Chase & Co and lure big spenders to its credit cards. The Charlotte, North Carolina-based company revamped its rewards program and debuted a new $550-a-year metal credit card that offers extra points on travel and dining purchases …

  Bloomberg Poland is poised for a hefty increase in interest rates after a spike in inflation to a two-decade high convinced central bankers that spiralling price growth isn’t transitory. Since the Monetary Policy Council hiked the benchmark to 1.25% last month, all but two of its 10 members have suggested that they’re ready to act again. Of 32 economists …