November, 2022

• 29 November

  Equities drop on unrest in China, Treasuries advance

  

    Bloomberg Shares decline as growing unrest in China over Covid-19 restrictions sent a shiver through the global markets. The dollar steadied after strengthening in the risk-off mood while Treasuries advance. Europe’s equity benchmark fell, with oil companies sliding as events in China weighed on crude prices. US stock futures dropped as modest customer traffic and heavy discounting by American ...

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• 29 November

  Foreign investor bets show Indian stocks rally has more legs

  

  Bloomberg Overseas investors have stepped up their return to Indian equities, helping power benchmarks gauges to record highs and derivatives data signals more room for the rally. Global funds have bought a net $3 billion of India stocks so far this month, according to Bloomberg-compiled data. Holdings of foreign investors in long index futures have risen by about six times ...

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• 29 November

  Taiwan stocks sink

    Bloomberg Taiwan stocks dropped on Monday, weighed by ruling party DPP’s resounding defeat in local elections and amid a broader selloff across Asia. The benchmark Taiex slid 1.5%, the most since October 13, as investors worried that the government may stop the support measures for the market after opposition Kuomintang’s victory at the polls. The party held onto 13 ...

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• 27 November

  Oil posts third weekly loss as EU postpones talks over price-caps

  

    Bloomberg Oil posted a third weekly loss as the European Union (EU) suspended talks over a Russian oil price cap amid disagreements between member states. West Texas Intermediate futures falls 2.1% to settle at $76.28 a barrel after trading in a more than $3 range. European diplomats remain locked in talks over how strict the cap should be, having previously ...

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• 27 November

  Berlin runway invasion shows hubs at risk to climate protests

  

  Bloomberg Shuttering Berlin airport for more than two hours and upsetting the travel plans of thousands of passengers proved little more challenging than a walk in the park for four climate protesters. Video footage of the runway invasion shows two of them calmly pushing a bicycle along a country path before slipping through a hole in the perimeter fence as ...

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• 27 November

  Hong Kong expects air-passenger traffic to surge next year

  

    Bloomberg Hong Kong expects air passenger traffic to recover to as much as 70% of pre-pandemic levels by the end of next year and return to normality by 2024, South China Morning Post (SCMP) reported, citing an official. Deputy Director of Airport Operations Steven Yiu Siu-chung brushed aside concern about the airport’s status as an aviation hub, the newspaper ...

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• 27 November

  Amazon most likely to settle EU antitrust probes by end of year

  

  Bloomberg Amazon.com Inc is poised to settle European antitrust probes over how the US ecommerce giant uses rivals’ sales data and whether it unfairly favours its own products. The European Commission is likely to accept Amazon’s binding proposals by the end of the year — that includes a commitment to stop using data on independent sellers on its marketplace for ...

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• 27 November

  US shoppers kick off holiday season with muted Black Friday

  

  Bloomberg US retailers discounted heavily on Black Friday to clear out bloated inventories but customers responded with only modest traffic, leaving profitability in doubt for many chains. Crowds were thin at Connecticut’s Stamford Town Center mall, with few shoppers at Kay Jewelers and just a small line at Forever 21. A couple at a Walmart Inc supercenter near Dallas reveled ...

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• 27 November

  London City Airport to scrap laptop, liquids rule in 2023

    Bloomberg Passengers flying through London City Airport will be able to leave laptops and liquids in their bags when passing through security from next year. The hub, which is currently trialling one security lane equipped with next-generation baggage scanners, plans to introduce the machines on all its lanes by April as part of a partnership with Leidos Holdings Inc, ...

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• 27 November

  Zara owner’s workers strike for more pay

    Bloomberg Inditex SA, the Spanish owner of the Zara clothing chain, is facing two days of strikes in its home market after unions and management failed to reach an agreement on pay. Stoppages shut as many as 11 shops in the northwestern province of A Coruña, in Galicia, as workers walked off their jobs to demand a €440 ($458) ...

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