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  Bloomberg Stocks in Europe retreated on Monday along with US equity futures as the Federal Reserve’s commitment to tighter monetary settings and worries about the effect on economic growth weigh on investor sentiment. Futures on the S&P 500 and Nasdaq 100 fall more than 1% each. The 10-year Treasury yield was little changed while two-year yields rise about five ...

Bloomberg The fastest rebound in Indian stocks in nearly two decades has some investors wondering whether the foreign-buying powered momentum can continue amid global volatility. The NSE Nifty 50 Index has surged more than 14% from a mid-June low as overseas investors turned buyers after months of withdrawals. That drove the benchmark from levels described by traders as oversold to ...

  Bloomberg Oil falls for the week as lingering concerns over a global economic slowdown overshadowed signs of improving US demand. West Texas Intermediate futures edged higher in a choppy session but not enough to erase steep losses earlier in the week. Traders reported some pre-weekend liquidation with uncertainty around Iran’s supplies as the European Union (EU) and the US ...

  Bloomberg Online grocery shopping looks like it will be one of the few pandemic behaviours that really does stick. The arrival of Covid-19 disrupted lifestyles, and prognosticators weighed in on the long-term changes that would bring. Now, even as Americans list their Peloton bikes on Craigslist, cancel their Netflix accounts and slow down their home-remodeling plans, they refuse to ...

  Bloomberg Ethiopian Airlines Group suspended a plane crew pending an investigation after they lost communication with air-traffic control in Addis Ababa before later landing safely. Flight ET343 was en route to the Ethiopian capital from Khartoum in neighbouring Sudan, Africa’s largest airline said in a statement. Appropriate action will be taken against the aviators based on the outcome of ...

  Bloomberg US airlines should buy meals and hotel rooms for passengers suffering the lengthy flight delays, according to Secretary of Transportation Pete Buttigieg, who called the disruptions roiling the travel industry “unacceptable.” In a letter to major carriers, Buttigieg asked that travellers be given meal vouchers for delays of at least three hours that are caused by the airlines ...

Bloomberg Indian billionaire Radhakishan Damani’s discount supermarket chain, DMart, plans to boost its store count fivefold as it seeks to grow market share and hold its own against aggressive expansion from the likes of Mukesh Ambani’s Reliance Retail Ltd. Avenue Supermarts Ltd., which currently runs the fourth-largest number of convenience stores in India, could scale up the chain known for ...

  Bloomberg Some Bed Bath & Beyond Inc suppliers are restricting or halting shipments altogether after the home-goods retailer fell behind on payments, according to people familiar with the matter, complicating the company’s scramble for liquidity. Several of the firms that provide credit insurance or short-term financing to vendors have revoked coverage of Bed Bath & Beyond, according to the ...

  Bloomberg Wages for cabin crews at Swiss International Airlines AG are likely to rise as the airline attempts to retain staff, said Chief Executive Officer Dieter Vranckx. In an interview with the newspaper NZZ, Vranckx said Lufthansa-owned Swiss will likely offer higher wages to staff next month as inflation crimps the cost of living. “Wages will most likely be ...

Bloomberg More than $4.8 billion has been pumped into the electric-vehicle (EV) charging industry this year — a combination of roll-out announcements, debt financing, investment and acquisitions. And this is just the deals that have disclosed financial figures. Large corporates are competing for M&A targets with pure-play charging companies they may previously have acquired, and new competitors are cropping up. ...