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Market News

November 1, 2021
Indonesia Sets 2024 Deadline to Move Its New Capital to Borneo
Indonesia is moving ahead with the plan to relocate its capital to the island of Borneo in the first half of 2024, after the proposal languished for...
November 1, 2021
Hawkish BOE, Bundesbank Role, Christmas Ornaments: Eco Day
Welcome to Monday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the week:
November 1, 2021
Credit Suisse to Give Long-Awaited Strategy Update This Week
Credit Suisse Group AG said it will give investors a long-awaited update on strategy later this week, as the Swiss lender seeks to map out its future...
November 1, 2021
Ryanair Returns to Profit as Demand Surges, Mulls Exit From LSE
Ryanair Holdings Plc. posted its first quarterly profit since the start of the Covid-19 pandemic and said it expects a strong winter as a recovery in...
November 1, 2021
Yellen Dismisses Treasury-Market Jitters, Sees ‘Solid’ Recovery
November 1, 2021
Biden Plan Gathers Steam as Feuding Democrats See Path to Vote
President Joe Biden’s economic agenda appears on track for passage by Congress even as Democrats are still skirmishing over lingering differences...
November 1, 2021
Saudi Arabia Deposited $3 Billion in Egypt’s Central Bank
Saudi Arabia said it recently deposited $3 billion in Egypt’s central bank as part of an effort to help some nations during the coronavirus...
November 1, 2021
TikTok Owner ByteDance Limits Workday to Nine Hours in Blow to 996 Culture
ByteDance Ltd. ordered its employees to end their day by 7 p.m., becoming one of the first tech companies in China to officially mandate shorter...
November 1, 2021
South African Ruling Party Faces Key Test in Municipal Vote
South Africa’s ruling party faces an uphill battle to regain control of key towns in Monday’s municipal elections, with outrage widespread over...
November 1, 2021
Japan’s Kishida to Forge Ahead With Economy Plans After Win
Japanese Premier Fumio Kishida vowed to act fast on his economic program after a surprisingly robust election win, saying he would seek to pass an...