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Market News

March 16, 2021
Biden’s Next Bill, Unfazed Yellen, Brazil Tightening: Eco Day
Welcome to Tuesday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
March 16, 2021
NATO Members Ramp Up Defense Spending After Pressure From Trump
March 16, 2021
Philippines Limits Manila Airport Arrivals as Covid Cases Rise
The Philippines will limit foreign arrivals in its main Manila airport to 1,500 passengers a day for a month starting March 18, the Civil Aeronautics...
March 16, 2021
Foxconn Considers Mexico or Wisconsin for Maiden Electric-Car Plant
Foxconn Technology Group will decide between Mexico and Wisconsin for the site of its first electric-car plant this year, making a big bet on the...
March 16, 2021
Twitter Chairman’s Venture Firm Raises $450 Million Growth Fund
Venture firm Inovia Capital raised $450 million to invest in startups that are ready to scale up, the latest sign of a maturing Canadian industry...
March 16, 2021
PBOC Official Proposes New Law to Better Control Financial Risks
China should create a new law to better coordinate policies to maintain financial stability and prevent risks, a senior central bank official...
March 16, 2021
Apple’s Ad Tool Faces Initial Probe from French Privacy Watchdog
Apple Inc. faces an initial investigation from France’s data-protection watchdog following a complaint that its personalized advertising feature...
March 16, 2021
Huawei to Start Demanding 5G Royalties From Apple, Samsung
Huawei Technologies Co. will begin charging mobile giants like Apple Inc. a “reasonable” fee for access to its trove of wireless 5G patents,...
March 16, 2021
EU Loses Top Court Fights With Hungary, Poland Over Tax
Hungary and Poland won the final round of separate tax disputes with the European Union after the two nations were caught up in EU Competition...
March 16, 2021
Diverging Nordic Rates Outlook Risks Leaving Krone Bears Offside
Traders may be betting on the wrong Scandinavian currency if the rates outlook in the region is anything to go by.