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Market News
March 17, 2021
China Tells Media Not to Air Oscars Live After Hong Kong Protest Film Nomination
China told local media not to broadcast next month’s Oscars ceremony in real time and to play down coverage of the awards, according to people...
March 17, 2021
Europe Car Sales Slump Drags On With Worst February Since 2013
Europe’s auto industry had its worst February sales in eight years as much of the region remains locked down to contain the coronavirus pandemic.
March 17, 2021
BMW Sees Profit Recovery, Joins Rivals With Ambitious EV Target
BMW AG said profitability will increase this year as the luxury carmaker joined rivals in targeting a steep rise in electric-vehicle sales by the end...
March 17, 2021
Fed Decides, Latvia Moves Past Scandal: Eco Day
Welcome to Wednesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
March 17, 2021
China Social App Soul Files Confidentially for U.S. IPO
The company behind Chinese social networking platform Soul App has confidentially filed for an initial public offering in the U.S. that could take...
March 17, 2021
Nedbank Targets 2021 Dividends With Hopes for Profit Boost
Nedbank Group Ltd. expects to resume dividends this year after joining rival Absa Group Ltd. in scrapping payouts for 2020, with the South African...
March 17, 2021
Fintech Venture Capital Firm Group 11 Closes New Investment Fund
California-based venture capital firm Group 11 has completed the first closing of its fifth fintech fund, raising more than $120 million from...
March 17, 2021
Pakistan Is Said to Hire Banks for International Bond Sale
Pakistan has hired banks for a possible foreign-currency bond offering, according to people familiar with the matter.
March 17, 2021
Malaysia Tycoon Hires Outsider to Revamp His Virus-Hit Empire
Berjaya Corp., controlled by Malaysian tycoon Vincent Tan, hired an outside professional for the first time to revamp one of the nation’s biggest...
March 17, 2021