Page 118 - Bon News Today

(Bloomberg) -- Bulgarian Finance Minister Assen Vassilev said the new government won’t stray from the country’s pledge to adopt the European Union’s single currency within two years even as he acknowledged the euro’s “design challenges.

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The fastest inflation in three decades and a booming labor market are adding pressure on the Bank of England to raise interest rates.

(Bloomberg) -- Jerome Powell and his fellow Federal Reserve policy makers are expected to signal their first interest-rate hike since 2018, paving the way for a March move as the U.S. central bank tries to extinguish red-hot inflation.

(Bloomberg) -- The U.S. hospital-staffing shortage exacerbated by the latest Covid-19 wave is showing signs of easing, but many West Coast and rural states are still seeing the worst of it. Over the past seven days, about 16.7% of U.S.

(Bloomberg) -- U.S. equity futures declined and Asian stocks fell Friday after a late-day reversal on Wall Street that pushed the technology-heavy Nasdaq 100 into a correction.

(Bloomberg) -- International Monetary Fund officials outlined plans for a proposed $50 billion lending trust focused on climate change, providing the greatest detail so far on a key initiative that the institution aims to put in place this year.

(Bloomberg) -- Near-record food costs risk climbing further as surging oil prices boost the appeal of turning more agricultural commodities into biofuels.

(Bloomberg) -- Spain’s slice of the European Union’s 800 billion-euro ($907 billion) pandemic recovery fund is set to increase by around 10%, providing an extra boost to growth thanks to funding adjustments based on economic performance.

(Bloomberg) -- The U.S. is weighing whether to evacuate family members of diplomats stationed in Ukraine as Russia masses more than 100,000 troops on its borders, according to people familiar with the matter.

(Bloomberg) -- China’s third largest developer by sales received its second credit downgrade in as many days, highlighting concerns over builders once perceived as safer bets. Sunac China Holdings Ltd.