Page 149 - Bon News Today

(Bloomberg) -- The Bitcoin community descended this week on El Salvador, the world’s first country to make the cryptocurrency legal tender, doubling down on their wildly bullish outlook on the digital coin while brushing off its recent descent from record highs.

(Bloomberg) -- The world economy is approaching the northern hemisphere winter in disarray, unable to shake off the coronavirus crisis amid persisting supply disruptions, soaring prices and resurgent outbreaks.   Global surveys of purchasing managers this week are likely to point that way.

(Bloomberg) -- Saudi Arabia’s credit rating outlook was raised to stable from negative by Moody’s Investors Service, citing the kingdom’s ability to reverse much of last year’s debt increase.   Moody’s affirmed the sovereign at A1, its fifth-highest grade, according to a statement on Friday.

(Bloomberg) -- Cybersecurity software maker McAfee Corp. is in advanced talks to go private through a deal with buyout firms Advent International Corp. and Permira, just over a year after it returned to the public markets, according to people familiar with the matter.

The resumption of international travel pits new lives against old dreams for Australians who returned from overseas during the Covid-19 pandemic

(Bloomberg) -- The sharpest swings since the start of the pandemic in one of Europe’s riskiest debt markets is giving investors a taste of what’s at stake if the European Central Bank makes any missteps in withdrawing stimulus.

(Bloomberg) -- Portuguese Prime Minister Antonio Costa will face an early election on Jan. 30 after parliament rejected his minority Socialist government’s 2022 budget last week. President Marcelo Rebelo de Sousa announced the date on Thursday in Lisbon.

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. A rift is opening at the European Central Bank over how rapidly monetary policy should respond to stubbornly high inflation.

(Bloomberg) -- Continental Resources Inc., the shale driller controlled by billionaire Harold Hamm, agreed to acquire some assets from Pioneer Natural Resources Co. for $3.25 billion to extend his company’s operations into the Permian Basin.

(Bloomberg) -- A series of ill-timed bets from Argentina to Brazil have set Autonomy Capital Research LLP’s flagship fund on course for its worst year since the financial crisis, with the firm’s assets now down $4.7 billion from a mid-2019 peak.