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Bloomberg Rakesh Gangwal, the billionaire co-founder of India’s largest airline by market value, has …
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Fashion startup Pomelo cuts 8% of staff
Bloomberg Thai e-commerce startup Pomelo Fashion is cutting staff across its functions, joining other …
Read More »BOJ bolsters bond buying as yields advance to policy limit
Bloomberg The Bank of Japan (BOJ) said it would boost scheduled bond purchases as …
Read More »UK banks may write off $47bn in loans due to recession
Bloomberg Britain’s lenders will have to write off £31 billion to £41 billion ($35.6 …
Read More »Bank of Canada puts down goal posts for future path of rates
Bloomberg The Bank of Canada laid out key markers it will be watching as …
Read More »Serbia surprises with bigger rate increases
Bloomberg Serbia lifted its benchmark interest rate more than expected to the highest level …
Read More »Bank of England delays its next interest rate decision
Bloomberg The Bank of England delayed its next interest-rate decision a week to September …
Read More »Vietnam sets dong fixing at record low
Bloomberg Vietnam set its reference rate for the dong at a record low, setting …
Read More »UBS abandons $1.4bn deal for robo-adviser Wealthfront
Bloomberg UBS Group AG has abandoned its plan to acquire US robo-adviser Wealthfront, unwinding what …
Read More »Wall Street’s commodity traders on track to break profit records
Bloomberg The world’s biggest banks are on track to make a killing in commodities …
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