Wednesday , 17 December 2025

Recent Posts

Spotify’s new kids app offers range of options

Bloomberg Spotify Technology SA is offering parents cooped up at home a new way to entertain their kids. The Swedish audio streaming giant will roll out a kids app in the US, Canada and France, the company said. The new app includes more than 8,000 songs, as well as audio books and bedtime stories, all of which are handpicked by …

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Banks under pressure to raise loan margins in Greater China

Bloomberg Banks are under increased pressure to raise loan margins in the Greater China region as the coronavirus pandemic weakens lending and a global dollar liquidity squeeze pushes up funding costs. That’s a key takeaway from a Bloomberg survey of 15 major syndicated loan arrangers operating in the region, including international and Chinese banks. The survey was conducted between March …

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Norway’s biggest bank halts $1.4bn dividend

Bloomberg DNB ASA, Norway’s biggest bank, is postponing its $1.4 billion dividend as it gives in to calls from national and European authorities to show restraint during the current economic crisis. DNB initially dragged its feet after Norway’s financial watchdog last month urged banks to refrain from dividends. The Norwegian bankers’ association, Finance Norway, argued the move was unnecessary and …

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