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Chile’s growth beats expectations

  Bloomberg Chile’s economic boom is proving more resilient than many had forecast, with activity expanding faster than expected in November for the eighth time in the past nine months. The Imacec index, a proxy for gross domestic product, rises 14.3% in November from the year earlier, above the 12.9% median estimate of analysts surveyed by Bloomberg. For the month, ...

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UK carmakers see sales rebound as chip crunch eases

  Bloomberg UK automakers expect sales to rebound this year as the semiconductor shortage eases and demand for battery-powered vehicles grows. The Society of Motor Manufacturers and Traders (SMMT) estimates new-car registrations in Britain will climb 19% to 1.96 million in 2022. The group said it will update that forecast — formulated shortly before the emergence of the highly transmissible ...

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Record SoftBank bond sale to test faith of retail investors

  Bloomberg SoftBank Group Corp plans to issue its biggest-ever yen bond in a test of whether individual investors will continue to lap up notes of one of the world’s most indebted firms. Billionaire Masayoshi Son’s technology conglomerate is marketing 550 billion yen ($4.8 billion) of seven-year subordinated notes, with the proceeds used to repay debt. The company has more ...

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