Bloomberg Business

Hedge Fund Carrhae Says China Stocks to Beat Global Peers

Chinese equities will outperform global peers in the first half of this year, according to Carrhae Capital LLP, which is betting on the nation’s reopening after its emerging-market hedge fund beat peers last year.

Modi Urges His Hindu Nationalist Party to Help India’s Muslims

Indian Prime Minister Narendra Modi urged members of his ruling party to reach out to Muslims and other religious minorities, a rare move to tone down sectarian tensions as he prepares to host the Group of 20 summit later this year.

Villeroy Says Lagarde’s Half-Point ECB Guidance Still Valid

Guidance from European Central Bank President Christine Lagarde that borrowing costs will continue to be lifted in half-point steps for some time still holds, according to Governing Council member Francois Villeroy de Galhau.

Turkey Mounts Pressure on Sweden Ahead of F-16 Talks With US

Turkish Foreign Minister Mevlut Cavusoglu applied fresh pressure on Sweden to make concessions as he traveled to the US for talks on the sale of F-16 fighter jets, which may depend on Turkey’s ratification of the NATO expansion.

Burberry Posts Lackluster Sales Growth, Hurt by China Slump

Burberry Group Plc showed lackluster sales growth last quarter as customers in China were kept at home first by strict pandemic controls and then, at the very end of the year, by a viral surge as the government loosened restrictions.

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