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Bloomberg Dish Network Corp’s Sling TV is gearing up for a big election news cycle, with the addition of Fox News, MSNBC and CNN’s HLN to its live TV streaming service. But the change comes with a price increase, the second since its launch almost five years ago. Subscriptions to the multiscreen Blue plan will rise to $30 a month ...

Bloomberg China’s central bank ordered lenders to adopt a new loan-pricing regime for all credit from next year, marking an end to the previous benchmark and another step towards liberalising the financial system. Financial institutions should stop using the old lending rate as the pricing reference for all credit from January, while gradually converting existing loans to a new base ...

Bloomberg President Ivan Duque named a University of Illinois-trained economist with policy-making experience to take a seat on the board of Colombia’s central bank. Arturo Jose Galindo was chief of the Inter-American Development Bank’s strategy development division. He previously worked as an economist at the Colombian central bank and as an adviser to the nation’s banking association. He will replace ...

Bloomberg The pound is set for a yearly gain against the dollar, but it may struggle to take off further in the first quarter of 2020. Sterling has recovered almost 10% since hitting an almost three-year low in September, after Prime Minister Boris Johnson’s snap election in December lifted political deadlock in Westminster. The re-elected government’s solid majority should help ...

Bloomberg India’s financial regulator predicted that an improvement in banks’ bad-loan ratios will reverse, as a slowing economy hurts borrowers’ ability to repay. In its latest Financial Stability Report, the Reserve Bank of India said soured debt at Indian lenders will rise to 9.9% of total credit by September 2020, after dropping the most in 15 years to 9.3% a ...

Bloomberg The biggest US banks, including bellwethers JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc, gained as a hearty US consumer continued to signal good news for lenders. BofA rose as much as 1% to the highest since October 2008 and Citi climbed as much as 1.5% to the highest since January 2018. Other top preformers included ...

Bloomberg Benchmark sovereign bonds gained in India after the central bank said it will buy long-end debt for a second week, stepping up the pace of its unconventional policy to lower borrowing costs. The 10-year yield slid 8 basis points to 6.51% at the close, taking the week’s drop to 10 basis points. It touched a three-week low of 6.49% ...

Bloomberg A new batch of messages between Boeing Co. employees on the development of the 737 Max paints a “very disturbing picture” of concerns about the plane, according to an aide to a House committee. The documents were turned over to Federal Aviation Administration (FAA), the agency said in a statement. The disclosure came the same day that Boeing ousted ...

Bloomberg At least a dozen people died after a plane crashed shortly after takeoff in southeastern Kazakhstan, leading local authorities to ground the rest of budget carrier Bek Air’s fleet. The twin-turbofan Fokker 100 aircraft was carrying 98 people including five crew members, Kazakh Deputy Prime Minister Roman Sklyar said at a news conference in the former capital Almaty. Another ...

Bloomberg Go Airlines India Ltd. said delays by Airbus SE in delivering new A320neo jets were partly to blame for flight turmoil, adding to evidence the European planemaker may be struggling to meet production targets. GoAir “experienced delivery delays during the month of November and December, adding to its operational challenges,” it said in an emailed statement. The budget carrier ...