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Market News
September 23, 2021
BOE’s Balancing Act, Norway May Hike, Fed Taper Plan: Eco Day
Welcome to Thursday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
September 23, 2021
Australia Economist Steve Keen to Run for Parliament, Pursue MMT
Australian economist Steve Keen plans to run for parliament in next year’s election, campaigning for a radical reshaping of the nation’s economy...
September 23, 2021
Russia’s Biggest Online Insurer Eyes Deals Ahead of Planned IPO
Renaissance Insurance, Russia’s largest online policy provider, is trawling the country’s traditional insurers for acquisition targets as it...
September 23, 2021
SoftBank Invests in Robotics Company Behind NYC Covid Testing
SoftBank Group Corp. is leading a $200 million investment in a robotics startup that helped spur New York City’s Covid testing process, boosting...
September 23, 2021
Xi Jinping’s U.S. Envoy Invokes Lincoln in Declaring China a Democracy
A top Chinese diplomat claimed that China is a democracy, arguing its political system exemplifies the ideals of former U.S. president Abraham...
September 23, 2021
Boeing Sees Chinese Airlines Buying 8,700 New Aircraft by 2040
Boeing Co. expects Chinese airlines will need 8,700 new aircraft for a total of $1.47 trillion by 2040, doubling the country’s commercial fleet...
September 23, 2021
Worsening Chip Shortage to Cost Automakers $210 Billion in Sales
The cost of the intractable semiconductor shortage has ballooned by more than 90%, pushing the total hit to 2021 revenue for the world’s automakers...
September 23, 2021