Dimon Says Ukraine War, China Relations Are His Top Concerns
The war in Ukraine and relationships with China are among the top concerns facing the economy, Jamie Dimon said.
Bloomberg Business
ECB Battle Lines Form for March Decision as Future Hikes Debated
Battle lines are forming for the European Central Bank decision next week, with one official calling for a whole campaign of new tightening and some colleagues favoring caution.
SPAC Sponsors With $18 Billion Face Deadline on What to Do Next
SPAC sponsors holding roughly $18 billion in cash are staring down a wall of deadlines over the next 30 days, as teams decide whether it’s worth fronting more cash or throwing in the towel.
Europe Bond Sales Top Half-a-Trillion Mark in Record Time
European bond sales have topped €500 billion ($532 billion) since the start of the year — the fastest pace on record as uncertainty over inflation and geopolitics prompt companies, banks and governments to overlook rising yields and push ahead with their debt plans.
Moderna Eyes Testing Mpox, Bird Flu Vaccines in Humans This Year
Moderna Inc. is eyeing possible human testing of shots to fight mpox and bird flu this year, as the Covid-19 vaccine maker expands into more public-health immunizations.
‘Fences’ Producer Gets $90 Million in Funding From Investors Including Goldman Sachs
Macro, the media company behind Fences and other films, has raised more than $90 million from investors including BlackRock Inc. and Goldman Sachs Group Inc.
Global Supply Chains Back to Normal After Rocky Three Years, NY Fed Says
Global supply chains have returned to normal, the Federal Reserve Bank of New York said, almost three years after Covid-19 was declared a pandemic.
Only Meat Raised in US Can Get Product-of-USA Label Under New Rule
The Biden administration is moving to stop the food industry from promoting meat from foreign animals as products of the US, closing a labeling loophole that has infuriated domestic ranchers and consumer advocates for years.
Egypt’s Pound Weakens in Black Market on Devaluation Bets
Egypt’s pound has weakened more than 6% against the US dollar on the black market over the past week as traders bet on another devaluation amid mounting pressure on the North African nation’s currency.
Turkish Bonds Rally as Opposition Nears Deal on Candidate
Turkey’s eurobonds rallied and credit default swaps fell after Bloomberg reported that the opposition is looking to tap two popular mayors as vice presidents.
