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Market News
October 1, 2021
Pelosi Tries Again, Long-Life Inflation, U.K. Sentiment: Eco Day
Welcome to Friday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
October 1, 2021
Cathie Wood Flagship Sees Highest Quarterly Outflow on Record
With markets becoming increasingly risk averse, one of the first places investors are turning their back on is high growth tech stocks.
October 1, 2021
Italy’s President Is House Hunting in Rome as His Term Nears End
Italian President Sergio Mattarella is house hunting.
October 1, 2021
Johannesburg Council Picks Third Mayor in 3 Months
Municipal councilors in South Africa’s economic hub, Johannesburg, have picked Mpho Moerane as the city’s third mayor in less than three months.
October 1, 2021
Insulation Firm Technoform Weighs Majority Stake Sale
German insulation specialist Technoform Caprano + Brunnhofer GmbH is exploring the sale of a majority stake that could value it at more than 1...
October 1, 2021
Merck Says Covid Drug Cut Hospitalization, Deaths by Half
Merck & Co.’s Covid-19 antiviral pill molnupiravir reduced the risk of hospitalization or death by 50% in an interim analysis of a late-stage...
October 1, 2021
Ukraine Central Bank Looks to Hryvnia Rally to Tame Inflation
Ukraine’s central bank won’t stand in the way of the hryvnia’s rally as it’s helping keep a lid on the country’s double-digit inflation,...
October 1, 2021
Thailand to Rely More on Bonds to Bridge $68 Billion Funding Gap
Thailand plans to significantly increase the share of long-dated sovereign bonds to meet its financing needs as Southeast Asia’s second-largest...
October 1, 2021
The Surge in Natural Gas Prices Is Equal to a $190 Oil Shock
The deepening global energy crunch has pushed natural gas in Europe and Asia to the equivalent of about $190 a barrel, something the oil market has...
October 1, 2021