Friday , 13 February 2026

Classic Layout

UK inflation rate hits 15-month high on early Easter boost

Bloomberg U.K. inflation accelerated to a 15-month high in March as an early Easter boosted air fares and clothing prices increased. Consumer prices rose 0.5 percent from a year earlier, the fastest pace since December 2014, the Office for National Statistics in London said on Tuesday. That exceeded the 0.4 percent median estimate in a Bloomberg survey of economists. Core …

Read More »

Mercedes Benz sales climb twice as fast as BMW’s in first quarter

Bloomberg Mercedes-Benz boosted sales twice as fast as BMW in the first quarter, moving closer to clinching the lead in the world’s luxury-car market for the first time in a decade. The Daimler AG unit’s deliveries soared 13 percent to 483,487 vehicles in the three months through March, compared with a 6 percent increase to 478,743 cars for BMW AG’s …

Read More »

Greece, creditors take time out to attend IMF spring meet

Bloomberg Greece will take a one-week break in bailout review discussions with its creditors, after failing to reach an initial agreement, as officials from the Greek government, the euro area and the International Monetary Fund fly to Washington to attend IMF meetings. Officials decided to “pause,” so they can all go to Washington, Greek Finance Minister Euclid Tsakalotos said in …

Read More »

France borrowing for 50 yrs to tap investors tired of no yield

Bloomberg French bonds fell as investors awaited the government’s sale of ultra-long securities. The planned issue of 20- and 50- year debt, which will be conducted via banks and may price on Tuesday, was announced by the French Treasury. The nation is looking to raise longer-term funds to benefit from the euro zone’s low interest rates, while investors will likely …

Read More »

Case of CSN: A 120%, 100-day rally no one saw it coming

Bloomberg The top stock in one of the world’s best-performing equity markets this year is a star no analyst saw rising. Cia. Siderurgica Nacional SA, or CSN, Brazil’s biggest steelmaker by market value, has more than doubled in the 100 days since trading began in 2016. The rally came as a shock to analysts who recommended selling the stock at …

Read More »

Fed Reserve’s global focus keeps USA 10-year yields near two-month low

Bloomberg Treasury 10-year note yields held near the lowest in two months as investors weigh the Federal Reserve’s aim to raise U.S. interest rates against signs of slow global economic growth. The benchmark notes were little changed before the U.S. sells $20 billion of the debt on April 13, the second of three coupon-security auctions this week totaling $56 billion. …

Read More »

Mexico has $13.6bn surplus to pay debt, boost oil fund

Bloomberg Mexico will use $13.6 billion from a central bank surplus to pay down debt and boost its rainy day fund, shoring up finances as it prepares a support plan for the beleaguered state oil company Petroleos Mexicanos. The Finance Ministry will spend 167 billion pesos of the transfer to buy back debt and reduce bond issuance this year, while …

Read More »