Page 37 - Rel News Today

(Bloomberg) -- China’s lockdowns to contain the country’s worst Covid outbreak since early 2020 have battered the economy, stalling production in major technology and financial hubs like Shenzhen and Shanghai, and halting spending by millions of people shut in their homes.

(Bloomberg) -- Holcim Ltd., the world’s biggest cement maker, is considering a potential sale of businesses in India including Ambuja Cements Ltd., according to people familiar with the matter.

(Bloomberg Opinion) -- Covid-19, global supply-chain disruptions, frictions in reopening economies worldwide and now Russia’s invasion of Ukraine are spawning many winners and losers in economies, financial markets and political structures. Six of them are driven by transfers of incomes and assets.

Relx (LON:REL – Get Rating) has been given a GBX 3,225 ($42.30) target price by research analysts at The Goldman Sachs Group in a research report issued on Monday, Borsen Zeitung reports. The Goldman Sachs Group’s target price would indicate a potential upside of 32.50% from the stock’s current price. REL has been the topic […]

(Bloomberg Opinion) -- Jared Kushner’s new private equity firm got $2 billion from Saudi Arabia because maybe that’s how you can cash in when your investing experience is slender but your father-in-law may wind up back in the White House.

(Bloomberg) -- Danish inflation is higher than millennials have ever experienced in their lives. After a decade of price increases clocking in at less than 2% a year, consumers are now having to contend with a whopping 5.

(Bloomberg) -- South Korea’s President-elect Yoon Suk Yeol nominated Choo Kyung-ho to be the next finance minister, Yonhap News reported, as the leader assembles his economic team to battle accelerating inflation and shore up the economy.

(Bloomberg) -- Hong Kong’s leading candidate for the city’s top job pledged to maintain the financial hub’s international competitiveness and stressed his loyalty to China, as he formally kicked off his campaign after winning Beijing’s sole backing for the race.

(Bloomberg) -- In her 17 months as Laurentian Bank of Canada’s chief executive officer, Rania Llewellyn has seen about a third of the company’s 3,000-person workforce turn over. She sees that upheaval not as a problem but a chance to rebuild the long-troubled bank anew.

(Bloomberg) -- Finance Minister Chrystia Freeland is imposing a one-time windfall levy on Canada’s major banks and permanently increasing their income tax rate, fulfilling an election promise that has raised the ire of the industry’s top executives.