(Bloomberg) — China’s weeklong Lunar New Year holiday, which kicks off Sunday, will be a key test for its aviation sector. As millions of people travel home to be with their families — the first proper reunions since Covid — the question is whether the same chaos seen at airports in other countries as they reopened will be replicated.
The rout in shares of Americanas SA, the Brazilian retailer that counts billionaire Jorge Paulo Lemann as a top backer, is leaving a trail of losses at some local equity funds.
Oil inched higher as optimism for a revival in Chinese demand overshadowed risk-off sentiment that hampered prices at the end of the session.
Kyrsten Sinema and Joe Manchin — who foiled Democrats’ efforts to pass a voting-rights overhaul by a simple majority — shared a high-five on the stage in Davos as they reaffirmed their opposition to overturning the Senate’s filibuster rule.
The Justice Department will recommend as much as a 75% reduction in fines for companies that voluntarily report wrongdoing to the government and fully cooperate with investigations.
Fresh sources of energy have convinced the German chancellor that Europe’s largest economy will avoid a contraction this year
Mizuho Americas is adding 20 Credit Suisse Group AG traders as part of the Japanese firm’s push to expand its markets business in the US.
Morgan Stanley and Bank of America Corp. were the first of the big six Wall Street banks to announce bond sales on Tuesday, combining to sell $9 billion of new bonds, as the market gears up for the usual deluge of debt from US lenders following their respective earnings reports.
Brazil has suffered a series of attacks on electricity towers since the Jan. 8 capitol riots, an unnerving development for a major economy that has no history of infrastructure sabotage.
The former tech entrepreneur, “Razzlekhan” rapper and accused cryptocurrency thief Heather Morgan has a new job.
