Allianz SE, Europe’s largest insurer, is to purchase the Polish operations of Aviva Plc for 2.5 billion euros ($2.9 billion).
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Navigating Nigeria’s foreign exchange rate policy is tricky. There are multiple exchange rates; officials issue confusing and contradictory statements; promised reforms don’t materialize; and the central bank and finance ministry don’t always appear to see ey…
Southeast Asian technology startups defied the pandemic and attracted a similar level of investments in 2020 as the year before, outperforming most other emerging markets.
Happy Friday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help take you through to the weekend.
Work to dislodge the massive Ever Given container vessel blocking the Suez Canal will take until at least Wednesday next week, according to people familiar with the rescue efforts.
There’s no shortage of ethereal matters for reflection as we embark on a holy week.
The Suez Canal, which cuts through Egypt to connect the Mediterranean and Red seas, is so important to world trade that world powers have fought over it since it was completed in 1869. That strategic shipping lane was completely blocked on March 23, when the …
Bargain hunters may want to think twice before piling into China’s beaten-down technology stocks.
Topline Coronavirus cases are once again on the rise in the U.S., according to Johns Hopkins University, with more cases added Wednesday than any day in over a month as declines in hospitalizations and deaths grind to a halt. Key Facts The U.S. added 86,903 new Covid-19 cases Wednesday—the highest in a single day since…
Topline The U.S. Supreme Court considered Wednesday whether it’s permissible under the Fourth Amendment for police officers to enter people’s homes without a warrant in limited circumstances under a “community caretaking” exception, which the Biden administration has backed but has provoked objections from civil rights groups. Key Facts The Supreme Court heard arguments Wednesday in…