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Super Typhoon Goni kills 16 people in Philippines

Bloomberg The world’s strongest storm this year killed at least 16 people in the Philippines, and sent tens of thousands more to evacuation centres, risking coronavirus infection. Nearly 458,000 people were evacuated mostly in the main island of Luzon, including 177 Covid-19 patients and more than 400 medical staff from 10 quarantine facilities, the nation’s disaster risk-monitoring agency said in ...

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Colombia central bank holds rates as it looks for new chief

Bloomberg Colombia became the latest emerging market to end a series of interest rate cuts, joining peers from Brazil to South Africa as it recovers from the pandemic. After the decision, the central bank said that Governor Juan Jose Echavarria will retire early next year. The bank left its key rate unchanged at a record low of 1.75%, in line ...

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ICICI Bank profit rises on interest income amid virus

Bloomberg ICICI Bank Ltd. posted a record quarterly profit as it set aside a lower amount of funds for potential bad loans even as the coronavirus pandemic constrains growth in financial sector. Net income at India’s second-largest private lender rose to 42.51 billion rupees ($570 million) in quarter ended Sept. 30 from 6.55 billion rupees a year earlier. That was ...

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