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Duterte to run against daughter for vice presidency

Bloomberg Philippine President Rodrigo Duterte will run against his daughter Sara for the vice presidency in next year’s elections, ABS-CBN reported, citing Communications Secretary Martin Andanar. President Duterte plans to file his candidacy on Monday, the last day to finalise bids for the 2022 polls, Andanar was quoted by ABS-CBN as saying on Saturday. When contacted by Bloomberg, Andanar said ...

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US consumer sentiment falls to 10-year low on inflation fears

Bloomberg US consumer sentiment unexpectedly collapsed in early November as Americans grew increasingly concerned about rising prices and the inflationary impact on their finances. The University of Michigan’s preliminary sentiment index decreased to 66.8 from 71.7 in October, data released showed. The November figure trailed all projections in a Bloomberg survey of economists which called for an increase to 72.5. ...

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Inflation hurting 80% of British businesses

Bloomberg The British Chambers of Commerce said 80% of UK businesses are feeling the effects of higher prices as well as shortages of goods and workers, a finding that adds to concerns about inflation. The lobby group said its survey of 1,000 companies showed 80% saw an increase in their prices in the past year and almost half said those ...

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