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Bloomberg Airline shares tumbled the most since the early days of the Covid-19 pandemic, as …
Read More »Airlines sink most since 2020 on new variant fears, travel bans
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Gap cuts outlook over supply-chain woes
Bloomberg Gap Inc lowered its projection for 2021 sales and profit as supply-chain bottlenecks led …
Read More »Morgan Stanley to repay Hong Kong staff up to $5,100 for quarantine
Bloomberg Morgan Stanley is offering to reimburse its Hong Kong employees as much as HK$40,000 …
Read More »Bank M&A in US set to slow from fastest pace since 2007
Bloomberg US banks, which have been combining at levels not seen since before the global …
Read More »Czechs are ready to keep raising rates despite virus
Bloomberg The Czech central bank expects only a limited economic fallout from the worsening pandemic …
Read More »Singapore central bank weighs action over DBS service glitch
Bloomberg Singapore’s central bank said it will consider supervisory actions after DBS Group Holdings Ltd. …
Read More »Sweden’s Riksbank to start hiking interest rates in 2024
Bloomberg The Riksbank expects to start hiking interest rates in 2024, the first sign from …
Read More »Zambia surprises with second rate hike this year
Bloomberg Zambia’s central bank in a surprise move raised its benchmark interest rate for the …
Read More »BofA bearish on markets, sees ‘rates shock’ coming in 2022
Bloomberg Bank of America Corp (BofA) strategists are bearish on markets next year and urged …
Read More »China regains favour of investors who consider India overvalued
Bloomberg In a change of tone over the world’s two biggest emerging markets, global investors …
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