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Bloomberg Lojas Americanas, the Brazilian retailer controlled by billionaire trio Jorge Paulo Lemann, Marcel Telles …
Read More »Brazil retailer raises $1b in share sale
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Boeing lost 60 Max orders with virus vexing buyers
Bloomberg Boeing Co’s order stockpile shrank further last month as more airlines and lessors backed …
Read More »Advent leads $260m funding for Thrasio
Bloomberg Thrasio, an acquirer of private label businesses on Amazon.com, has raised $260 million in …
Read More »Wells Fargo slumps after first quarterly loss since 2008
Bloomberg Wells Fargo & Co. plummeted after reporting its first quarterly loss since 2008 as …
Read More »Citi sees bad loans piling up as bond trading offers relief
Bloomberg Citigroup Inc. set aside $7.9 billion for souring loans even as the bank’s revenue …
Read More »JPMorgan’s record trading helps ease pandemic’s toll
Bloomberg JPMorgan Chase & Co.’s results were one more marker of the disconnect between ebullient …
Read More »Philippines to keep easy policy over next two years
Bloomberg The Philippine central bank will likely keep policy accommodative over the next two years …
Read More »Low borrowing costs can’t save India shadow banks
Bloomberg India’s shadow banks are benefiting from a drop in borrowing costs after government stimulus …
Read More »Indonesian rupiah drops to 7-week low
Bloomberg The Indonesian rupiah slumped to a seven-week low as traders positioned for a policy …
Read More »Stocks climb on vaccine progress
Bloomberg Stocks and US equity futures rose, while the dollar weakened to a one-month low …
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