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Consumer borrowing cools post BOE action

Bloomberg Consumer credit growth slowed in June after the Bank of England officials took action to limit areas of risk from borrowing. Unsecured lending rose 10 percent from a year earlier, the least in more than a year, the UK central bank said on Monday. It grew 1.5 billion pounds on the month The BOE in June responded to the ...

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Corn clash pops up as US, Brazil farmers face off

Bloomberg The world’s biggest corn exporters are preparing for a showdown. Brazilian farmers are in the midst of collecting their biggest corn harvest ever and American supplies are also plentiful — setting the stage for a stiff battle to win world buyers in the second half of the year. It’s a turnaround from just a year ago when US exporters ...

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Spotify follows Apple with a new podcast initiative

Bloomberg Spotify Ltd. is tiptoeing into new businesses again. The No. 1 paid music streaming service has agreed to promote podcasts in its app and via ads on buses. In return, the hosts of “Reply All,” “Pod Save America” and “The Bill Simmons Podcast” agreed to talk up Spotify on social media and during their shows that cover topics ranging ...

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