Bloomberg Citigroup Inc. scored a temporary court order freezing $175 million that Brigade Capital Management LP declined to return after the bank accidentally transferred more than $900 million to Revlon Inc. lenders. The order followed a hearing in which the bank and the hedge fund faced off over Citigroup’s expensive blunder. The two will be back in court as the …

Bloomberg European stocks turned higher with US futures as investors signalled continued optimism in the post-pandemic rally after shares hit all-time highs on Wall Street. Gold slipped back below $2,000 an ounce. Gains in food shares including Nestle SA countered declines in insurers on the Stoxx Europe 600 Index. Contracts on both the S&P 500 and Nasdaq 100 swings to …

Bloomberg The dollar sinks to its lowest level since May 2018 on concern that the world’s biggest economy will struggle to regain momentum amid a standoff over further virus relief and as infections continue to mount. The greenback has now erased most of the gains it built on the back of US-China trade tensions that started heating up around two …