Bloomberg Business

Putin Blasts Wagner ‘Traitors’ as Prigozhin Defends Revolt

President Vladimir Putin condemned leaders of the Wagner mercenary group as traitors to Russia in a late-night speech to the nation, his first public comments since the weekend mutiny that posed the most serious threat to his nearly quarter-century rule.

Odey Suspends Two Hedge Funds After Redemption Requests Surged

Odey Asset Management suspended two more funds, including its flagship hedge fund, after being hit by redemption requests from investors fleeing the firm following multiple sexual assault allegations against founder Crispin Odey.

RBNZ Had Independence Concerns About Changes to Policy Remit

New Zealand’s government has given the Reserve Bank’s Monetary Policy Committee a fresh remit containing an expanded section of context that the central bank didn’t want included because of concerns it could undermine its independence.

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