Bloomberg Bank of Russia Governor Elvira Nabiullina hinted at a bigger-than-normal interest-rate cut when the central bank meets next week, stressing that monetary easing is now the “main option.” “We are looking at different economic scenarios and weighing how much room we have to ease monetary policy and what size of steps we should take,” Nabiullina said in her final ...

Bloomberg Brazilian banks are snapping up a renewed wave of local corporate bonds after a sell-off sent yields soaring and left funds reeling from record withdrawals. As local bond spreads rise more than four-fold in secondary market, investors say companies in need of cash are opting to sell new debt directly to banks, which often charge lower yields than institutional ...

Bloomberg Boeing Co faces a quandary as it reopens its Seattle-area factories: how to keep its employees safe while minimising the use of protective gear that’s desperately needed for medical workers. The planemaker plans to limit scarce N95 masks for plant workers, relying mainly on cloth face coverings. In an April 9 letter to Washington state officials, Boeing cited new ...