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Blinken cuts short Asia trip over Covid case

  Bloomberg US Secretary of State Antony Blinken scrapped the rest of his tour of Southeast Asia and will return to Washington after a member of the press travelling with him tested positive for Covid-19, State Department spokesman Ned Price said. Blinken and other senior staff have tested negative for Covid, Price said, and the person who tested positive didn’t ...

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Bank of America luring big spenders to its credit cards

  Bloomberg Bank of America Corp (BofA) is turning to private jets and exotic cars to compete with American Express Co and JPMorgan Chase & Co and lure big spenders to its credit cards. The Charlotte, North Carolina-based company revamped its rewards program and debuted a new $550-a-year metal credit card that offers extra points on travel and dining purchases ...

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Poland to step up rate hikes as inflation rises

  Bloomberg Poland is poised for a hefty increase in interest rates after a spike in inflation to a two-decade high convinced central bankers that spiralling price growth isn’t transitory. Since the Monetary Policy Council hiked the benchmark to 1.25% last month, all but two of its 10 members have suggested that they’re ready to act again. Of 32 economists ...

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