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Bloomberg Switzerland’s central bank spent 11 billion francs ($12.5 billion) on interventions in the third …
Read More »SNB interventions reach $100 billion
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Poland to cut near-zero interest rates in 2021
Bloomberg Poland’s central bank is analysing the impact of potential interest-rate cuts that could take …
Read More »China caps bank loans to real estate
Bloomberg China’s regulators will impose caps on banks’ lending to the real estate sector for …
Read More »Commerzbank to take $745mn hit for job cuts
Bloomberg Commerzbank AG will set aside 610 million euros ($745 million) in the fourth quarter …
Read More »BMO tops Canada equity sales ranking for first time in a decade
Bloomberg Bank of Montreal’s (BMO) capital-markets division grabbed the top spot for Canadian equity sales …
Read More »Brexit deal may be too little, too late for UK’s car industry
Bloomberg The auto industry dodged disaster when the UK and European Union (EU) sealed a …
Read More »Ford reverses its plan to cede India operations to Mahindra
Bloomberg Ford Motor Co. is reversing plans to cede most of its Indian operations to …
Read More »Huawei restores Tencent games to app store
Bloomberg Huawei Technologies added Tencent Holdings Ltd.’s games back to its app store after two …
Read More »Amazon set to acquire podcast firm Wondery
Bloomberg Amazon.com Inc. agreed to acquire podcasting company Wondery, as the dominant audiobook purveyor moves …
Read More »Tesla’s dominant position in China could be threatened in 2021
Bloomberg Tesla Inc. is coming to the end of its first year selling China-made cars …
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