Bloomberg Business

US Trade Chief Working With EU to Address EV Subsidy Concerns

President Biden’s trade chief said the US administration wants to avoid a subsidy race on electric vehicles and is working with the European Union to resolve its concerns that a new law puts the bloc at an unfair disadvantage.

Davos Latest: Moynihan Sees US Economy in Relatively Good Shape

Bank of America CEO Brian Moynihan added his voice to a host of commentators expressing tentative optimism about the economic outlook, citing resilience among consumers and firm demand for small-business loans as reasons for optimism.

Peru Protesters Head to Lima to Try to Topple Boluarte

(Bloomberg) — Peru’s capital is bracing for major protests Thursday as farmers and students are gathering in Lima to demand the resignation of President Dina Boluarte after weeks of demonstrations in impoverished rural areas failed to dislodge her. 

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