Qantas Orders 24 Boeing and Airbus Widebody Jets to Keep Pace With Travel Boom
Qantas Airways Ltd. ordered dozens more long-range Boeing Co. and Airbus SE jets in a bid to keep pace with a post-pandemic travel boom that’s delivering record profits.
Bloomberg Business
Deepfake Imposter Scams Are Driving a New Wave of Fraud
AI could turbocharge the cybertheft economy. The world’s banking industry is scrambling to contain the risk.
AIA New Business Grows as China Reopens After Pandemic
AIA Group Ltd. posted a jump in the value of new business as the exit of Hong Kong and China from pandemic restrictions helped support the insurer’s key gauge of profitability.
Mark Meadows’ Bid to Avoid Georgia Arrest Should Be Denied, DA Says
Donald Trump’s former Chief of Staff Mark Meadows can’t avoid being arrested in the Georgia criminal case over the 2020 presidential election if he fails to turn himself in by midday Friday, a federal judge ruled.
Goldman, JPMorgan, Morgan Stanley, UBS Settle Stock-Lending Suit
Goldman Sachs Group Inc., Morgan Stanley, JPMorgan Chase & Co. and UBS AG agreed to pay nearly $500 million to settle an antitrust class action by US pension funds over the banks’ control of the market for stock loans used for hedging and short selling.
Biden Trims Gulf Oil Lease Area to Protect Rare Whale Habitat
The Biden administration plans to auction 67 million acres in the Gulf of Mexico for oil and gas development in a lease sale next month, cutting 9% from the initial proposal.
China Braces for $38 Billion in Losses in Troubled Trust Sector
China’s $2.9 trillion trust industry is emerging as yet another threat to the world’s second largest economy.
Bank Indonesia to Hold Interest Rates Steady With Currency Under Pressure
Indonesia’s central bank is expected to leave the benchmark interest rate unchanged as jitters over steeper US rates turn up the pressure on the rupiah.
R. Kelly’s $500,000 Royalties Ordered to Be Given to Victims
R. Kelly’s royalties of more than $500,000 held by Universal Music Group NV must be turned over to his sexual-abuse victims, a US judge ruled.
QQQ Up in Late Hours on Nvidia’s Bullish Forecast: Markets Wrap
Stocks climbed the most since June, while bond yields fell after economic reports in both the US and Europe fueled bets that major central banks will pause their interest-rate hikes to prevent a recession.
