Friday , 24 April 2026

Recent Posts

Petrobras situation can be fixed: Minister

Bloomberg Brazilian Economy Minister Paulo Guedes said he’ll clear up any confusion from President Jair Bolsonaro’s decision to halt a planned fuel-price hike by Petroleo Brasileiro SA. When asked about Bolsonaro’s meddling in state-controlled Petrobras’ pricing policy this week, Guedes said he’d get more information when he returns home from Washington, where he’s been attending the spring meetings of IMF. …

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Wall Street’s most-hated stock trade nears dot com-era nadir

Bloomberg For students of market history, the third month of the 21st century is infamous. March 2000 was when the Nasdaq Composite Index marked a peak in the dot-com bubble. By the end of the year, it fell by more than 50 percent, with more losses to follow. That month was one of the last times the world’s cheapest companies …

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Brexit delay leaves pound prospects in suspended state

Bloomberg Pound analysts are struggling to find reasons to be optimistic even after the immediate threat of a no-deal Brexit was lifted. Sterling strengthened this week as the UK and European Union agreed to extend the divorce deadline to October 31, but its gains were well short of what strategists had previously predicted for such a scenario. The currency’s prospects …

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