Philippine Central Bank Expects Economic Growth to Miss Target
The Philippine central bank expects this year’s gross domestic product growth to miss the government’s goal as economic activity moderates while it’s bringing inflation back to target.
The Philippine central bank expects this year’s gross domestic product growth to miss the government’s goal as economic activity moderates while it’s bringing inflation back to target.
Turkish President Recep Tayyip Erdogan hinted Sweden’s NATO membership could be delayed if it doesn’t stop Koran burnings that anger his conservative support base.
JBS SA’s decision to submit its business to increased US scrutiny appears to be paying off with debt investors, as the bonds of the world’s largest meat packer are largely outperforming those of its peers.
Broadcom Inc.’s $61 billion takeover of VMware Inc. was cleared by the UK’s antitrust watchdog, paving the way for one of the largest-ever tech deals.
The start to the most active part of hurricane season is on Bloomberg Green’s radar today.
A potential management shakeup began to take shape at embattled Swedish landlord SBB on Friday as Chief Financial Officer Eva-Lotta Stridh announced she was leaving the firm after seven years in the role.
Adding countries to the BRICS bloc will matter economically if Saudi Arabia is one of them but otherwise it’s hard to see the point, said Jim O’Neill, a prominent economist and veteran of Goldman Sachs Group Inc.
If they’d been offered today’s economy a year ago – with inflation downgraded from emergency to mere headache, still-low unemployment, and growth that’s slowed without stalling – the world’s top central bankers would’ve taken it like a shot.
Axa Investment Managers is eliminating as many as 90 roles as the French firm aims to streamline part of the organization.
A former Deutsche Bank AG trader is rapidly amassing enough wealth in the fallout from volatile interest rates and inflation to rival some of the richest billionaires in finance.