Dip Buyers Help Pare Record Bitcoin Discount at Grayscale Trust
What once looked like an insurmountable discount plaguing the world’s biggest Bitcoin fund is starting to shrink as some speculators see an end in sight for Barry Silbert’s woes.
Bloomberg Business
Airbus Retains Sales Crown While Supply Woes Damp Deliveries
Airbus SE remained ahead of arch-rival Boeing Co. for new aircraft orders as well as deliveries last year, even as supply chain constraints weighed on output.
Fed’s Bowman Says More Rate Hikes Needed to Curb Inflation
(Bloomberg) — Federal Reserve Governor Michelle Bowman said the central bank has more work to do to curb inflation, noting that further interest-rate increases are needed and officials should hold them at restrictive levels for some time to stabilize prices.
Brady, Gisele, Patriots’ Bob Kraft Among FTX Shareholders Facing Wipeout
Billionaire New England Patriots owner Robert Kraft and star NFL quarterback Tom Brady are among those sharing in the pain of FTX Group’s sudden implosion.
Londoners Ride Shared Bikes More Than Ever to Beat Train Strikes
London’s municipal bike sharing program enjoyed its best year as train, Tube and bus strikes disrupted travel in the capital.
Irish Trade Chief Says Data Deal May Help Fix Brexit Impasse
The EU and UK are likely to reach a deal on their post-Brexit trading relationship after they were able to clinch an agreement on data-sharing, Ireland’s trade minister said.
US Proposes Air Safety Rules After Kobe Bryant, Charter Crashes
(Bloomberg) — US aviation officials intend to impose broad new safety requirements to prevent aircraft crashes such as the one that killed basketball star Kobe Bryant.
Consumers Roll Over Debt Without Knowing Their Interest Rate
More US consumers are relying on their credit cards each month — and many are doing so without knowing the interest rates they’re paying.
LME’s Nickel Review Shows How Exchange Failed to Prevent Crisis
A long-awaited report on the nickel crisis that brought the London Metal Exchange to its knees last March reads as a catalog of failings by the 146-year-old exchange.
BOE Warns Banks of Tougher Scrutiny on Credit Cards, Buy-to-Let
Banks should brace for more regulatory scrutiny of their credit card and buy-to-let portfolios ahead of an extended period of credit stress, the Bank of England warned.
