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Trudeau to meet with premiers as tensions rise over protests

Canadian prime minister trudeau press conference in ottawa

Bloomberg Prime Minister Justin Trudeau held a rare cabinet meeting and was expected to speak with provincial leaders over protests in Canada’s capital city that have entered their 18th day. The protests against Covid-19 vaccine mandates, which include hundreds of semi-trucks parked in the streets of Ottawa, swelled into the thousands over the weekend. But truckers were met with counter-protests ...

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PBOC’s rate decision sparks debate with economy in crisis

China peoples bank of china

  Bloomberg The People’s Bank of China (PBOC) is leaving economists divided over whether it needs to cut interest rates for a second month to boost a faltering economy. Sixteen of the 27 economists polled by Bloomberg forecast the central bank will keep the interest rate on its one-year policy loans unchanged on Tuesday, when it’s scheduled to conduct a ...

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Axis Bank set to buy Citigroup’s $2.5b retail unit in India

Top dc axis bank copy

  Bloomberg Axis Bank Ltd is nearing a deal to buy Citigroup Inc’s India retail banking business in a transaction that could be valued at about $2.5 billion, people familiar with the matter said. An agreement for the consumer unit may be announced as soon as the next few weeks and is contingent on approval from the Reserve Bank of ...

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