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Citi Executive Called Alleged Boycott 'Outrageous,' Filing Says

May 05 2021, 4:53 AM May 05 2021, 2:10 AM May 05 2021, 4:53 AM (Bloomberg) -- A former Citigroup Inc. executive called Nuveen LLC’s alleged demand that the bank stop doing business with the bond giant’s smaller rival Preston Hollow Capital “outrageous” and “anticompetitive,” according to a newcourt filing citing tapes of phone calls in a long-running legal battle. (Bloomberg) -- A former Citigroup Inc. executive called Nuveen LLC’s alleged demand that the bank...
United States John Heppolette Peter Bartlett Jamie Doffermyre John Leahy Jessica Greaney

Covid's Shockwaves Took Poverty in Latin America to a New Nadir

Covid’s Shockwaves Took Poverty in Latin America to a New Nadir May 06 2021, 1:22 AM May 05 2021, 3:30 PM May 06 2021, 1:22 AM (Bloomberg) -- The Covid-19 pandemic has sent a wave of poverty racing across Latin America, deepening declines that began over the past decade and consigning millions to lives of deprivation. (Bloomberg) -- The Covid-19 pandemic has sent a wave of poverty racing across Latin America, deepening declines that began over the past decade and consigning mil...
New York United States La Plata Buenos Aires Mexico City Distrito Federal

Ousted Naftogaz Boss Warns of Heightened Graft Risks for Ukraine

May 05 2021, 9:01 PM May 05 2021, 12:59 PM May 05 2021, 9:01 PM (Bloomberg) -- The ousted head of Ukraine’s Naftogaz Ukrainy warned of a possible return to an era of mismanagement and corruption at state-owned companies as he prepares to challenge his controversial dismissal by the government. (Bloomberg) -- The ousted head of Ukraine’s Naftogaz Ukrainy warned of a possible return to an era of mismanagement and corruption at state-owned companies as he prepares to challenge his contro...
Clare Spottiswoode Volodymyr Zelenskiy Antony Blinken Naftogaz Ukrainy Andriy Kobolyev Andriy Yermak

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Commodity Rally Puts Focus on Key Correlations to Watch

May 04 2021, 10:17 AM May 04 2021, 7:29 AM May 04 2021, 10:17 AM (Bloomberg) -- The rally in commodity prices is bolstering the outlook for emerging-market currencies and boosting parts of credit and stocks even as it fuels concerns about higher inflation. (Bloomberg) -- The rally in commodity prices is bolstering the outlook for emerging-market currencies and boosting parts of credit and stocks even as it fuels concerns about higher inflation. The Bloomberg Commodity Spot Index has risen to th...
South Africa Hong Kong Gaurav Patankar Joshua Crabb Mary Nicola John Woods

Aramco Follows Big Oil Rivals With Bumper First-Quarter Profit

May 04 2021, 2:23 PM May 04 2021, 11:48 AM May 04 2021, 2:23 PM (Bloomberg) -- (Bloomberg) -- Saudi Aramco’s profit soared in the first quarter following a recovery in global oil and gas markets, though free cash flow remained too low to fully cover dividend payments. The world’s biggest energy firm kept its quarterly payout, almost all of which goes to the Saudi Arabian government, at $18.75 billion. The money is a vital source of cash for the kingdom as it tries to narrow a budget...
Saudi Arabia Saudi Arabian சவுதி அரேபியா சவுதி அரேபியன்

Australia Central Bank to Keep Stimulus Even as Economy Roars

Australia Central Bank to Keep Stimulus Even as Economy Roars May 03 2021, 10:46 AM May 03 2021, 12:30 AM May 03 2021, 10:46 AM (Bloomberg) -- Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here (Bloomberg) -- Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here Australia’s centr...
New South Wales James Mcintyre Ben Jarman Philip Lowe Josh Frydenberg Jpmorgan Chase Co

Turkish Inflation Rose for a Seventh Month Amid Lira Slide

Turkish Inflation Rose for a Seventh Month Amid Lira Slide May 03 2021, 2:27 PM May 03 2021, 12:37 PM May 03 2021, 2:27 PM (Bloomberg) -- Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here (Bloomberg) -- Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here Turkish inflation acc...
New Economy புதியது பொருளாதாரம்

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