September, 2021

• 22 September

  Bank of Spain expects inflation peaking soon

  

  Bloomberg The Bank of Spain expects inflation to peak in November before easing back below the European Central Bank (ECB) 2% target next year. The central bank raised its forecasts to 2.1% in 2021 and 1.7% in 2022 from a previous 1.9% and 1.2% respectively. The spike in inflation, driven mostly by record high electricity prices, will likely be transitory, …

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• 22 September

  Deutsche Bank trading picked up in August

  Bloomberg Deutsche Bank said trading accelerated again over the past weeks, one of the few large investment banks to give guidance on the quarter after a strong first half of the year. “July started off pretty muted for the markets in general,” Mark Fedorcik, who heads the investment bank, said at a virtual conference hosted by Barclays Plc. “We saw …

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• 22 September

  Norway poised to deliver first post-crisis G-10 rate hike

  

  Bloomberg Norway’s central bank is poised to raise its interest rate this week in the first such post-pandemic tightening among nations with the world’s 10 most-traded currencies. Responding to a buoyant economic recovery, Norges Bank will lift its benchmark on Thursday by a quarter-point from zero, according to all but one of the 15 economists surveyed by Bloomberg. That places …

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• 22 September

  Foreigners want India to delay shorter trade settlement plan

  

  Bloomberg India should put off a plan to shorten settlement of stock transactions as it raises the risk of default by local brokerages and dims the country’s allure to global investors, a lobby group said. Capital market regulator, Securities and Exchange Board of India (Sebi), has announced a proposal to allow stock exchanges to offer next-day settlement in some stocks …

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• 22 September

  US futures rise with stocks as traders await Fed’s policy decision

  

  Bloomberg Stocks in Europe rise for a second day along with US index futures as concerns about China Evergrande Group’s debt woes eased ahead of Wednesday’s Federal Reserve policy decision. Basic resources and energy were among the leading gainers in the Stoxx Europe 600 index as commodity prices steadied after Beijing moved to contain fears of a spiraling debt crisis …

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• 22 September

  Vietnam’s Bamboo Airways to ink $2b GE jet-engine deal

  

  Bloomberg Vietnam’s Bamboo Airways JSC will outfit its new Boeing Co 787-9 Dreamliners with engines made by a General Electric Co venture in a deal valued at around $2 billion, according to Bamboo Airways Chief Executive Officer Dang Tat Thang. The signing of the agreement will be witnessed by Vietnamese President Nguyen Xuan Phuc during his trip to New York …

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• 22 September

  DOJ has no case in American alliance inquiry: JetBlue CEO

  

  Bloomberg JetBlue Airways Corp Chief Executive Officer Robin Hayes defended the airline’s alliance with American Airlines Group Inc, saying the US Justice Department doesn’t have evidence to support allegations that it is anti-competitive. The so-called Northeast Alliance (NEA) has increased competition in the New York area and Boston, Hayes said in an interview. He pointed to additional domestic flying by …

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• 22 September

  Walmart aims to highlight healthy products online

  

  Bloomberg Walmart Inc will spotlight particularly healthy or sustainable products with a new “Built for Better” tag on its website, an attempt to entice shoppers who want to vote for better nutrition and environmental stewardship with their wallets. The initiative will start with almost 2,000 items, the world’s biggest retailer said on Tuesday, and the number is set to grow. …

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• 22 September

  Airlines rejoice as US agrees to trans-Atlantic restart

  

  Bloomberg Europe’s biggest trans-Atlantic airlines and airports reacted jubilantly to a US move allowing most vaccinated foreigners to enter the country, ending a ban that’s been in place since March 2020. Shares of British Airways (BA) parent IAG SA, Air France-KLM and Deutsche Lufthansa AG all surged following the announcement, which made clear those without Covid-19 inoculations will still be …

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• 22 September

  Amazon grows its climate coalition before UN meet

  Bloomberg Amazon.com Inc said it has added 86 new signatories to its Climate Pledge, expanding the number of companies that commit to aggressively reducing carbon emissions. There are now more than 200 global brands, including Nespresso, ASOS Plc, Procter & Gamble Co, HP Inc and Salesforce.com Inc, as well as three new signatories in India, who have committed to cutting …

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