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December 22, 2021
(Bloomberg) -- Credit Suisse Group AG’s global investment committee slashed its stocks allocation to neutral from overweight on Tuesday, citing increasing risks from the quickly spreading omicron variant. “The risk is considerable that the U.S.A.
December 22, 2021
(Bloomberg) -- Dye & Durham Ltd., a Canadian provider of software for legal professionals, has agreed to buy Australian data services firm Link Administration Holdings Ltd. for about C$3.2 billion ($2.5 billion). The cash offer represents A$5.
December 22, 2021
(Bloomberg) -- This week’s historic rally in the Turkish lira has done little to comfort investors in the country’s stock and bond markets.
December 22, 2021
(Bloomberg) -- The Chinese yuan is having a greater impact on its emerging-market counterparts than ever before and may play a crucial role in determining their performance in the coming year. The currency’s correlation with an MSCI Inc.
December 21, 2021
(Bloomberg) -- Ethiopian government forces have made major advances in their fight against Tigrayan dissidents after a 13-month conflict that’s triggered humanitarian and economic crises.
December 21, 2021
(Bloomberg) -- Companies from the Nordic region that need to sell bonds in volume next year will have to keep a close watch on changes to monetary policy.
December 21, 2021
(Bloomberg) -- The omicron variant of the coronavirus could send euro-area inflation in either direction -- depending on how governments, companies and consumers respond, according to European Central Bank Governing Council member Madis Muller.
December 20, 2021
(Bloomberg) -- Bloomberg News interviewed Gabriel Boric on Aug. 27 when he was a candidate. He’s now the president-elect. In the light of his Dec. 19 victory, here are some highlights of that conversation.
December 20, 2021
(Bloomberg) -- Trinity Smith lost her home in Detroit because of unfairly high property taxes—and in the process, she handed over thousands of dollars to a multibillion-dollar money machine that benefits real estate speculators, big banks and the county government that foreclosed on her.
December 20, 2021
(Bloomberg) -- Australia’s red-hot housing market is discouraging people who rent their homes from having children, while having the opposite effect on those who own their property, according to University of Sydney research.