Page 108 - Bon News Today

(Bloomberg) -- After two years of meandering, energy stocks are finally coming to life. Soaring oil prices are a big part of that -- but so is the equities selloff that kicked off the year.

(Bloomberg) -- Vodafone Group Plc is leaning toward rejecting Iliad SA’s offer for its Italian unit, people with knowledge of the matter said.  The U.K. carrier views Iliad’s initial bid as too low, the people said, asking not to be identified because the information is private.

Zanzibar is touting a $2-billion plan to entice shipping, explore for oil and process seaweed as it seeks to expand beyond tourism that makes up more than a quarter of its economy.

(Bloomberg) -- Five key African economies will face debt risks over the next two years, according to the continent’s biggest bank, as an era of extraordinary pandemic-induced stimulus and relief for poor nations draws to an end.

(Bloomberg) -- For a meeting between a defaulting nation’s leader and a bunch of wealthy creditors, the five-star InterContinental hotel on London’s Park Lane seems an appropriate choice of venue. Smart enough without being absurdly expensive.

(Bloomberg) -- The Bank of Israel’s unusual call for the public to weigh in on possible changes to the government’s inflation goal comes with a prominent disclaimer: it won’t be swayed either way.

(Bloomberg) -- Chinese state-backed funds’ intervention in domestic stock markets Tuesday is rekindling hope that a bottom is near for the nation’s battered equities. The CSI 300 Index ended down just 0.6% at the close on Tuesday, paring an earlier slump of 2.

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Investors may have over-reacted to what they see as a hawkish pivot from the European Central Bank, Bank of France Governor Francois Villeroy de Galhau said.

(Bloomberg) -- Brazil’s central bank refrained from specific guidance on future interest rate decisions as heightened market uncertainty complicates its plan to phase out an aggressive monetary tightening campaign while bringing inflation to target.

Its time to find the perfect gift for Valentines Day. Heres some ideas from those passionate about chocolate.