November, 2021

• 24 November

  Sun Life targets Asia for M&A after deal spree

  Bloomberg Sun Life Financial Inc, after shelling out almost $4 billion in the past two years to build up its US and asset-management businesses, is now poised to focus its dealmaking on Asia. Chief Executive Officer Kevin Strain, who took the reins in August, said that Asia’s growing middle class and the company’s goals for increasing earnings in the region ...

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• 24 November

  ‘Biden considers sending US military advisers to Ukraine’

  

  Bloomberg President Joe Biden’s administration is considering whether to send American military advisers to Ukraine as Russian forces on that country’s border pose the threat of invasion, CNN reported. The network, citing unnamed sources, said the US was also looking into providing more weapons to Ukraine’s armed forces, including anti-aircraft stinger missiles. CNN added that some of the equipment, including ...

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• 24 November

  Nigeria minister rejects Lekki ‘massacre’ report

  

  Bloomberg The Nigerian government rejected a leaked report’s findings that its security forces shot and killed unarmed protesters in Lagos last year. The unsigned report by a panel of inquiry set up by the Lagos state government, which began circulating, said 11 civilians died on October 20, 2020, after soldiers and police officers opened fire. The document said the events ...

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• 24 November

  Germany to UK: ‘Come to your senses’ on Northern Ireland

  

  Bloomberg A top German diplomat urged the UK to honour the post-Brexit Northern Ireland Protocol, and warned that the dispute over the issue is “not a game” as European Union ministers rallied behind the bloc’s chief negotiator. “Dear friends in London and in Britain, please come to your senses,” Deputy Foreign Minister Michael Roth said in Brussels during a meeting ...

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• 24 November

  Merkel, her successor play politics, let Covid run wild

  

  Bloomberg On the sidelines of the Group of 20 summit last month, Chancellor Angela Merkel warned her likely successor that the coronavirus pandemic might require tougher curbs. But Olaf Scholz brushed aside the proposal, and Germany is now paying the price. At the Rome meeting in late October, where Merkel introduced Scholz to other world leaders, she proposed convening the ...

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• 24 November

  Crimea stance haunts Bulgarian president following re-election

  Bloomberg Bulgarian President Rumen Radev clarified his stance on Crimea on the first day after his re-election following comments that sparked an angry reaction from the US and Ukraine. Radev, who won a second five-year term, said during a pre-election debate that sanctions on Russia for its occupation of Crimea were having no effect. When pressed by his opponent to ...

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• 24 November

  Johnson adds thousands of UK charging points for EV boost

  

  Bloomberg Prime Minister Boris Johnson will set out plans for a dramatic expansion of the UK’s electric-vehicle charging network by 2030 when the government will ban the sale of new gasoline and diesel cars. The aim is to add up to 145,000 new charging points a year to the system until the end of the decade, building on the 250,000 ...

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• 24 November

  Inflation in Germany may spike near 6%

  

  Bloomberg German inflation may spike even higher than previously forecast this month with a rate just under 6%, according to the Bundesbank. About 1 1/2 percentage points of that will reflect a temporary cut in value-added tax and very low prices for travel-related services in 2020, the Frankfurt-based central bank said in its monthly report. German inflation already hit a ...

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• 24 November

  Job searches rise in Canada after Trudeau winds down Covid aid

  

  Bloomberg The number of Canadians searching for work jumped last month, just as pandemic-related government support programs were wound down, a survey by Indeed Canada showed. The share of people actively looking for employment rose to 30% last month, up from 25% in September, according to a report by the job posting site. The increase was largely driven by unemployed ...

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• 24 November

  Peru’s economy grows 11.4% in Q3

  Bloomberg Peru’s gross domestic product expanded 11.4% from a year earlier in the third quarter, the central bank said. The country’s economy was 1.6% larger than in the same quarter of 2019, after it shrank more than 10% last year as a result of the pandemic. Economists had projected third-quarter growth of 10.8%. Peru experienced months of lockdowns last year ...

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