by Bloomberg.com | Jun 20, 2024 | alerts, Markets/Economy
The biggest US restaurant chain is taking on competitors with a new promotion. McDonald’s Corp.’s US chief says the company is ready for a fight. And in order to win, the burger chain is pulling out one of the most potent weapons in its arsenal: The value meal. It’s...
by Bloomberg.com | Jun 19, 2024 | alerts, Markets/Economy
Ties with Brazil are growing with two-way investments Abdulrahman Bakir helped lead tour of 100 delegates to region Before 2020, Saudi Arabian investment in Brazil was so small that it didn’t even appear in the central bank’s database for relevant foreign inflows....
by Bloomberg.com | Jun 19, 2024 | alerts, Markets/Economy
The increase is tied to recent passage of new green standards Half of fund managers surveyed say over 30% of assets stranded Fund managers overseeing commercial real estate say significant chunks of their portfolios hold assets that can now be considered stranded due...
by Bloomberg.com | Jun 18, 2024 | alerts, Markets/Economy
Chinese copper exports hit a record last month, as poor demand at home forced traders to seek markets overseas for their surplus. Exports of unwrought copper and products in May doubled from the previous year to nearly 150,000 tons, just topping the previous high...
by Bloomberg.com | Jun 18, 2024 | alerts, Markets/Economy
Value of purchases rose 0.1% in May after downward revisions Households have costlier debt, delinquencies continue to rise US retail sales barely rose in May and prior months were revised lower, pointing to greater financial strain among consumers. The value of retail...
by Bloomberg.com | Jun 18, 2024 | alerts, Markets/Economy
UK could have 9,500 millionaires exit this year, report finds Wealthy are ‘voting with their feet,’ Henley & Partners says The UK is on track to lose 9,500 millionaires this year, more than any country in the world except China, according to a new report on the...